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Macy’s Discovers Employee Hid Millions in Delivery Expenses

The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.

Top stories - The New York Times - Yesterday

Macy's says employee hid up to $154 million in expenses since 2021

Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the course of nearly three years.

Macy's says an employee hid up to $154 million in delivery expenses

Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.

Macy's Says Accounting Employee Hid Up to $154 Million in Delivery Expenses

The retailer delayed its quarterly results after it said an employee hid up to $154 million in delivery expenses over several years, prompting an investigation.

Business - The Wall Street Journal - Yesterday

Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue

Macy’s employee hid up to $154 million in delivery costs, and stock takes a dive

Macy’s identified a single employee who made “erroneous” accounting entries to hide up to $154 million in delivery expenses during a three-year period.

Business - MarketWatch - Yesterday

Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses

Macy's delayed its results after it discovered an issue related to the reporting of delivery expenses.

Business - CNBC - Yesterday

‘Devious’ New Deep Sea Slug Hid Its Identity From Scientists

It took nearly 25 years for biologists to discover that a swimming and glowing organism in the ocean’s midnight zone was actually a sea slug.

Science - The New York Times - November 12

At First They Hid Their Love, Then a Reality Show Gave Them Courage

Gregory Mathis and Richard Cooper bonded over faith and family. Mr. Mathis said he felt early on that their souls were aligned. But both feared the judgment of being openly gay.

Lifestyle - The New York Times - November 15

Macy’s says employee hid more than $132mn in delivery expenses

US retailer delays release of third-quarter results after discovering accounting entries issue spanning past three years

Business - Financial Times - Yesterday

Mother of child hidden in drawer from birth jailed

Prosecutors say the girl had "never known daylight or fresh air" when she was found.

Dwayne Johnson’s $200 million+ Christmas pic opens to $34.1 million

The big budget, star-driven action comedy “Red One” is topping the North American box office charts

Entertainment - ABC News - November 17

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