California unemployment falls, but virus surge likely to reverse job gains

California added 558,200 jobs from mid-May to mid-June and state unemployment fell from 16.4% to 14.9% — but don’t start celebrating yet. The numbers don’t account for the resurgence of…

Germany’s Fintech Star Falls After Missing Billions at Wirecard

(Bloomberg) — Just a month ago, the chief executive officer of Wirecard AG boasted on Twitter that the future would still be bright for the digital payments company when “all…

Germany’s Fintech Star Falls on Failure to Clean Up Wirecard

(Bloomberg) — Wirecard AG Chief Executive Officer Markus Braun resigned on Friday in a bid to save the digital payments company he shaped into a rare German technology success. Braun’s…