Franchise News
Wynn Resorts to Pay $130M in Landmark Case Involving Unlicensed Money Transfers
Wynn Resorts has agreed to a $130 million settlement with federal authorities after admitting to allowing unlicensed money transfer businesses to funnel funds to gamblers at its Las Vegas casino.
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7-Eleven’s Owner Declines Circle K’s Buyout Proposal, Citing Unfavorable Terms
Seven & i Holdings, the owner of 7-Eleven, has rejected Circle K’s buyout offer, stating it is not in the best interest of its shareholders and stakeholders.
Google Antitrust Ruling: Judge Pushes DOJ to Define Penalties by End of Year
A federal judge has given the US Justice Department until the end of the year to propose penalties for Google's illegal monopoly in the search market, with the case set to proceed next spring.
Airlines' Frequent Flyer Programs Face DOT Probe Over Potential Deceptive Practices
The US Department of Transportation has launched an inquiry into the frequent flyer programs of major US airlines, including American, Delta, Southwest, and United.
Verizon Enters $20 Billion Agreement to Buy Frontier Communications, Enhancing Fiber Network
Verizon has agreed to acquire Frontier Communications for approximately $20 billion, including $9.6 billion in cash, aiming to expand its fiber network across 25 states and increase its fiber subscriber base.
Telegram CEO Pavel Durov Calls Accusations 'Misguided,' Rejects Notion of Platform as 'Anarchic'
Telegram CEO Pavel Durov has criticized French authorities for charging him over alleged content moderation failures on the platform.
Elon Musk Linked to Russia-Funded Influencers on X as Indictment Unseals Hidden Media Payments
An indictment reveals that Elon Musk frequently interacted with right-wing influencers on his platform X, who were secretly funded by a Russian state-backed media company.
Snapchat Accused of Facilitating Child Sexual Abuse in New Mexico Lawsuit
New Mexico has filed a lawsuit against Snapchat, accusing the platform of enabling child sexual exploitation through features that allow predators to target minors in sextortion schemes.
McDonald's Introduces Mini McFlurry, Reduces Plastic with New Cup Design
McDonald's is introducing its first-ever Mini McFlurry on September 10, offering fans a smaller version of their favorite flavors, and is also replacing plastic lids with eco-friendly cups.
Albertsons Execs Accused of Text Message Destruction as FTC Challenges $24.6 Billion Kroger Purchase
The FTC is investigating Albertsons executives for allegedly destroying text messages related to the company's $24.6 billion sale to Kroger.
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