Franchise News
US Steel Wins Arbitration Approval for Nippon Steel Acquisition Amid Workforce Resistance
An arbitration board has approved US Steel's acquisition by Nippon Steel, despite strong opposition from the United Steelworkers union.
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Visa Faces Legal Action Over Alleged Monopoly and $7 Billion in Annual Debit Fees
The Justice Department has filed an antitrust lawsuit against Visa, accusing the company of maintaining a debit card monopoly.
Caroline Ellison Sentenced to 24 Months for Role in FTX Fraud, Testified Against Sam Bankman-Fried
Caroline Ellison, former FTX executive, was sentenced to 24 months for her role in the multibillion-dollar fraud, after providing a crucial testimony against Sam Bankman-Fried
Elon Musk Concedes Defeat in Brazil Court Battle as X Platform Complies to End Ban
Elon Musk's X platform has started complying with Brazil's Supreme Court orders to suspend accounts accused of spreading disinformation.
Stellantis Confirms Search for CEO Successor to Carlos Tavares Amid Ongoing Challenges
Stellantis is searching for a new CEO to succeed Carlos Tavares as part of a standard leadership succession plan amid criticism from US dealers and the UAW.
MoneyGram Takes Services Offline After Detecting Cybersecurity Breach
MoneyGram International has suspended its services for several days due to a cybersecurity issue and is currently investigating the incident.
ExxonMobil Sued by California AG for Allegedly Misleading the Public About Recycling Plastics
The California attorney general has filed a lawsuit against ExxonMobil, accusing the company of misleading the public for decades.
Kmart to Close Last Full-Sized Store in the US in October
Kmart is closing its last full-scale store in mainland US, marking the end of an era for the once-dominant retailer.
Pinterest CEO Demands National Digital IDs and Age-Verification for Online Safety
Pinterest CEO urges Congress to implement national digital IDs and require operating systems to share age-verification data with apps to protect children online.
SpaceX Aims to Launch Five Uncrewed Starship Missions to Mars Within Two Years, Elon Musk Reveals
Elon Musk announced that SpaceX plans to launch five uncrewed Starship missions to Mars within the next two years, with the timeline for crewed missions depending on the success of these initial flights.
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