Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake and coverup created $151 million in false bookkeeping entries.

Remember, not so long ago, when department store giant Macy’s (M) noted it had to delay earnings when it discovered a serious accounting scandal in the works? Earlier today, news came in about ...

Macy's shares fell Wednesday morning after the retailer posted its delayed earnings report, pushed back last month after an accounting issue was discovered. Sales fell short of what analysts had ...

On Wednesday, Macy’s announced it had just completed an investigation into a $151 million accounting error, and pinned it on a single employee.

Retail giant Macy's said on Wednesday said it concluded an independent investigation into an employee who purposely hid $151 million in delivery expenses over nearly three years, forcing it to ...

Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn't motivated by personal or ...

Macy's is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years.

On Wednesday, Macy’s announced it had just completed an investigation into a $151 million accounting error, and pinned it on a single employee.

NEW YORK (AP) — Macy's said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a ...