religion

Auditors in Iraq uncover staggering $2.5 billion tax fraud

Auditors in Iraq uncover staggering $2.5 billion tax fraud

BAGHDAD (AP) — Iraqi auditors have uncovered a massive scheme in which a network of companies and officials embezzled some $2.5 billion from the country’s tax administration, despite layers of safeguards. The scandal is a first test for Iraq’s new government, which was formed late last month after a protracted political crisis. Prime Minister Mohammed …

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Cramer: Meta layoffs show Mark Zuckerberg 'has religion' on costs, but needs to cut more

Cramer: Meta layoffs show Mark Zuckerberg ‘has religion’ on costs, but needs to cut more

Club holding Meta Platforms’ (META) announcement on Wednesday that it is laying off approximately 13% of its workforce, or more than 11,000 employees, is a sign to us that CEO Mark Zuckerberg, in the words of Jim Cramer, “has religion” when it comes to trying to control the company’s uncontrollable costs. While we don’t welcome …

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