Hid Million Expenses

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 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

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

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

Rocky Talkie Mountain Radio Review: Expensive, but Worth It

This secure, durable walkie-talkie is worth the seemingly exorbitant price.

Tech - Wired - November 3

British banks face an expensive motor finance crash

Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lenders

World - Financial Times - November 8

Water watchdog boss claimed £170 Mulberry wallet on expenses

Alan Sutherland stood down last year after a report revealed lavish spending at the Water Industry Commission for Scotland.

Pant becomes most expensive player in IPL history

Rishabh Pant becomes the most expensive player in the history of the Indian Premier League as he joins Lucknow Super Giants for 27 crore (£2.54m).

‘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

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