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[3] [10] During fiscal year 1987, they falsified inventories between $22.5 and $28 million. In addition, Crazy Eddie booked $20 million in phony debit memos or charge backs to vendors that reduced accounts payable. As the company's fraud became more difficult to disguise, the public perception of Crazy Eddie as a commercial success began to change.
Description. Knockoff Sharpie named "Skerple". A counterfeit consumer good is a good —often of inferior quality—made or sold under another's brand name without the brand owner's authorization. The term counterfeit, fraudulent, and suspect items (CFSI) is also used to describe such goods. [ 2] Pirated goods are reproductions of copyrighted ...
A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in the mine's profitability, and possibly a 20% increase in the share price. Furthermore, at higher prices, more ounces of gold become economically viable to mine, enabling companies to add to their production.
ChatGPT's launch and popularity caught Google off guard, prompting a sweeping and unprecedented response in the ensuing months. [112] In December 2022, Google executives sounded a "code red" alarm, fearing the threat of ChatGPT and Microsoft's collaboration with OpenAI to Google Search, Google's core business. [113]
On January 10, 2022, Take-Two Interactive announced its intention to acquire the company in a cash-and-stock deal with a value of $12.7 billion, with Take-Two acquiring all outstanding shares of Zynga at $9.86 apiece [20] Both shareholders of the companies approved the merger on May 19, 2022, and the closing of the transaction took effect on ...
A conical flask of "green" jet fuel made from algae. Algae fuel, algal biofuel, or algal oil is an alternative to liquid fossil fuels that uses algae as its source of energy-rich oils. Also, algae fuels are an alternative to commonly known biofuel sources, such as corn and sugarcane. [1] [2] When made from seaweed (macroalgae) it can be known ...
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
JetBlue told the Associated Press that it expected to collect $40 million from passengers selecting seats with extra legroom and $20 million from passengers paying $15 to check a second bag. In September 2008, JetBlue began charging passengers $10–30 for an extended-leg-room seat depending on the length of the flight. [34] [35]