Audacy Initiates Chapter 11 Bankruptcy Proceedings Amid Financial Struggles
In a significant move to address financial challenges, Audacy, a prominent multi-platform audio content company, has officially filed for prepackaged Chapter 11 bankruptcy proceedings. The announcement came on Sunday, marking
Titanic Survivor’s Letter Sells for £300,000 at UK Auction
A letter penned by Colonel Archibald Gracie, a survivor of the Titanic disaster, has fetched a record-breaking £300,000 ($400,000) at an auction in Wiltshire, United Kingdom. Sold through Henry Aldridge
T-Mobile Buys Ryan Reynolds’ Mint Mobile in a $1.35 Billion Deal
The telecommunications giant T-Mobile announced it's buying the budget cell service provider Mint Mobile — best known for its ads with actor and part-owner Ryan Reynolds. The cash-and-stock deal, which
FTC Sues Amazon, Alleging it Tricked Consumers into Signing Up For Prime
The Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the company of using deceptive user interface designs to trick consumers into signing up for its Prime subscription