You have to give it a try:

Macy's $M (+0,89%) has launched an investigation after it became known that a former employee allegedly concealed financial information, which led to accounting errors. In total, he has reported expenses of more than 132 million dollars were concealed (!). This incident caused additional operational costs and contributed to the delay in full quarterly reporting. The company emphasizes that it is taking measures to improve internal control mechanisms and ensure transparency for investors.

Personal opinion:

Wtf!

You can find more information in the article on the Financial Times.

The news is based on what I personally consider to be reputable sources. No investment advice. Follow me for more updates!