Business
Xerox theft; guilty verdict
July 23, 2019
A UK photocopier engineer who worked for Xerox admitted stealing photocopier parts. As Grimsby Live reported, Darren Konradsen acknowledged that he had stolen photocopier parts while working for Xerox as an engineer which theoretically could have cost Xerox £159,000 ($198,000/ €177,000) in profits. The actual parts, if not sold in retail, would be worth £17,000 […]
Clover debt owners to take a haircut?
July 22, 2019
Clover has around $700 million (€624 million) of debt and is sat on about $150 million (€134 million) of cash. Until earlier this month the company was ticking over, then two sharp whammies came along that is about to burst the clover bubble.
