Rite Aid Files for Second Bankruptcy as Financial Struggles Persist
Rite Aid has filed for bankruptcy for the second time, just seven months after emerging from its previous Chapter 11 proceedings. The struggling pharmacy chain made the announcement on Monday,
Bill Gates Warns Musk-Led Foreign Aid Cuts Could Lead to Millions of Deaths
Microsoft co-founder Bill Gates has issued a stark warning over recent foreign aid cuts driven by Elon Musk’s influence in the U.S. government, claiming the move could result in millions
Netflix to Contest $170 Million Lawsuit Over “Baby Reindeer”
June 7, 2024 - Streaming giant Netflix is gearing up to defend against a substantial damages claim of $170 million filed by Fiona Harvey, a Scottish woman who alleges defamation
Cracker Barrel Drops New Logo After Customer Backlash
U.S. restaurant chain Cracker Barrel has scrapped its recently unveiled logo after widespread criticism from customers and even political figures. The company confirmed the reversal in a statement on social
ESPN Returns Emmys and Takes Disciplinary Action Amidst Revelations of Decades-Long Fraud Scheme
ESPN has returned multiple Emmy statues and implemented disciplinary measures following an internal investigation that uncovered the network's submission of fake names to the National Academy of Television Arts &
Walmart’s DEI Rollback Sparks National Conversation on Corporate Diversity
Walmart, the United States' largest private employer, is scaling back some of its diversity, equity, and inclusion (DEI) programs, signalling a broader shift in corporate America as companies face mounting
Instagram to Enforce New Safety Measures, Making Millions of Teen Accounts Private
Instagram has announced significant changes aimed at increasing the safety of its teenage users, automatically converting millions of accounts into private profiles under new “teen account” settings. The update, revealed
Timbaland, Swizz Beatz Sue Triller App for $28 Million Over Verzuz
American record producers, Timbaland and Swizz Beatz have reportedly filed a $28 million lawsuit against video sharing platform, Triller after selling Verzuz to the social media app in 2021. Rolling
Ghana Cedis Named Worst Performing Currency Against the U.S Dollar
Ghana, the second largest cocoa producer in the world, bags the worst-performing currency against its global counterpart, the United States Dollar. Earlier this week, the local currency lost 3.3% of
Tesla Promises Affordable Models Amid Falling Sales and Rising Pressures
Tesla says it is moving forward with plans to introduce a more affordable electric vehicle and expand access to its self-driving technology in Europe, as the company grapples with mounting
Canada Shuts Down TikTok’s Business Operations
The Canadian government has ordered the closure of TikTok's business operations in the country, citing significant national security risks. The move, announced on Wednesday, includes the shutdown of TikTok's offices
Text Scammers Make Tens of Thousands a Month – and Spend it on Designer Shoes and Bags
The boxes are stacked neatly, row after row: Gucci heels in bright reds, handbags in supple leather, designer labels peeking from every corner. It looks like the back room of
General Mills Sells North American Yogurt Division in $2.1 Billion Deal to Refocus on Core Brands
General Mills, the food giant behind popular brands like Cheerios, announced plans to sell its North American yoghurt business to two French dairy companies, Groupe Lactalis and Sodiaal, in a
Boeing 737 Max 8 Under Investigation Following In-Flight Incident
U.S. regulators are investigating an incident involving a Boeing 737 Max 8 operated by Southwest Airlines, which experienced a potentially hazardous "Dutch roll" while in flight. This investigation is one
Betfred Warns of Possible Nationwide Shop Closures if Gambling Tax Is Increased
UK bookmaker Betfred has warned that all 1,287 of its High Street shops could shut down if Chancellor Rachel Reeves raises taxes on gambling firms. Fred Done, the company’s co-founder
Boohoo Weighs Break-Up as Sales Plunge Amid Stiff Competition and Changing Consumer Trends
Online fashion retailer Boohoo is considering a significant overhaul that could lead to the break-up of the company, as it struggles to regain its footing in an increasingly competitive market.
PlayStation Sued For £5 billion in the UK Over ‘Rip-Off’ Games
Video game manufacturer, Sony PlayStation is being sued for £5 billion in the UK over allegations that it "ripped off its customers" with overpriced games and in-game purchases, as revealed
Harland & Wolff, Titanic’s Builder, Declares Insolvency Amid Financial Struggles
Harland & Wolff, the historic shipbuilder responsible for constructing the Titanic, has declared itself insolvent after failing to secure critical funding. The 163-year-old UK-based company announced on Monday that it
Amazon CEO of Worldwide Consumer, Dave Clark Resigns
Amazon's Worldwide Consumer CEO, Dave Clark has resigned from his role at the company after 23 years at the e-commerce giant.
Taco Bell Brings Back Crispy Chicken Nuggets With Plans for a Bigger Comeback
Taco Bell is reintroducing its fan-favorite crispy chicken nuggets nationwide on April 24, and this time, the brand says it's ready to meet the overwhelming demand that caused a near-instant