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Purdue Pharma, Sackler Family Agree to $7.4 Billion Settlement with 15 States
Purdue Pharma and the Sackler family agree to a $7.4 billion settlement to resolve claims related to the opioid crisis.
Fitbit to Pay $12.2 Million After Consumers Suffer Burns from Overheating Smartwatches
Fitbit agrees to pay $12.25 million over overheating Ionic smartwatches that caused burns, with safety measures now in place.
First Aid Beauty Face Cream Recalled After Unintended Sale of Quarantined Jars
First Aid Beauty recalls 14 oz Ultra Repair Cream jars due to a manufacturing issue involving quarantined products.
Walmart to Pay Top Managers Up to $620,000 Annually Amid Salary Increases
Walmart boosts pay for top market managers, offering up to $620,000 annually as part of broader salary increases to retain key talent.
Ford Recalls Over 270,000 Broncos and Mavericks Due to Potential Battery Failure
Ford recalls over 270,000 Bronco and Maverick vehicles due to potential battery failure that could cause power loss and safety risks.
Stellantis Recalls Over 63,000 Jeep Cherokees Due to Power, Brake Failure Risk
Stellantis recalls over 63,000 Jeep Cherokees due to a defect causing potential power loss and parking issues, increasing crash risks.
Las Vegas Hotel Workers End 69-Day Strike After Reaching Deal with Casino
Las Vegas hotel workers at Virgin Hotels end a 69-day strike after securing a new five-year contract, ensuring better pay and support for their community.
Trump Says He'd Support Elon Musk or Larry Ellison Acquiring TikTok
Donald Trump backs Elon Musk or Larry Ellison in a potential joint venture with the US government to acquire TikTok amid legal challenges.
California Retail Theft 'Queenpin' to Pay Millions in Restitution to Ulta, Sephora
California woman sentenced to pay $3 million in restitution for running a retail theft ring targeting Ulta and Sephora.
FDA Approves Johnson & Johnson's Nasal Spray as Stand-Alone Treatment for Depression
The FDA has approved Johnson & Johnson's Spravato as the first stand-alone nasal spray treatment for adults with treatment-resistant depression.
CNN Braces for Workforce Reductions Following Inauguration Coverage
CNN announces significant layoffs to streamline operations and focus on digital growth amid declining ratings and revenue.
JetBlue Becomes First Airline to Accept Venmo Payments for Flights
JetBlue becomes the first airline to accept Venmo payments for flights, enhancing customer convenience and boosting its digital services.
Goldman Sachs Unveils Generative AI Assistant for Bankers, Traders, and Asset Managers
Goldman Sachs launches a generative AI assistant to enhance productivity for its employees across various roles.
Trump Joins OpenAI, SoftBank, and Oracle to Launch $500 Billion AI Investment Plan
Trump announces a $500 billion AI investment plan with OpenAI, SoftBank, and Oracle to boost US innovation and job creation.
Disney's 'Moana 2' Surpasses $1 Billion, Extends Studio's Box Office Reign
Disney's Moana 2 surpasses $1 billion at the box office, marking another major success for the studio in 2024.
Trump Moves to Roll Back Biden's EV Incentives with New Executive Order
Trump's executive order seeks to undo Biden's EV incentives, halting funding for EV chargers and targeting emissions and electric vehicle adoption policies.
Netflix Raises Subscription Prices for US Users as It Expands into Live Programming
Netflix raises subscription prices for U.S. users while expanding into live programming and advertising.
MrBeast Makes Serious Bid to Acquire TikTok Amid Ownership Deadline
MrBeast makes a bold move to acquire TikTok as the platform faces a 75-day deadline to find a non-Chinese owner or risk being banned in the US.
Jeff Bezos-Backed Perplexity AI Submits Bid for TikTok Merger Amidst Growing Search Rivalry
Perplexity AI bids to merge with TikTok's US operations, aiming to compete with Google amid data security concerns.
FTC Sues PepsiCo for Alleged Price Discrimination Favoring Walmart Over Smaller Retailers
The FTC has sued PepsiCo for allegedly giving Walmart unfair price advantages over smaller retailers, violating competition laws.
Walgreens Faces Lawsuit for Filling Dangerous Opioid Prescriptions Without Validity
DOJ sues Walgreens, alleging millions of unlawful opioid prescriptions fueled the US addiction crisis.
TikTok Begins Restoring US Service After Brief Shutdown Over Ban Law
TikTok restores service in the US after a brief shut down following a ban law, with plans for a long-term solution underway.
New Trump Family Crypto Token Becomes One of the World's Most Valuable in Just Days
The Trump family's new crypto token, $Trump, skyrockets in value, raising concerns about potential conflicts of interest and market volatility.
TikTok Ban Decision Deferred to Trump by Outgoing Biden Administration
The Biden administration defers the decision on TikTok's potential U.S. ban to President-elect Trump, leaving its fate uncertain.
Spirit Airlines Tightens Belt with 200 Job Cuts During Chapter 11 Recovery
Spirit Airlines cuts 200 jobs as part of its Chapter 11 bankruptcy recovery, aiming to reduce costs and improve financial stability.
GM Faces Five-Year Ban on Sharing Driver Data After FTC Settlement
GM agrees to a five-year ban on sharing driver data after an FTC settlement addressing privacy violations and unauthorized data sales.
Fox Makes Super Bowl LIX Free to Stream on Tubi
Fox will stream Super Bowl LIX for free on Tubi, offering fans an easy way to watch the big game without a subscription.
American Express Pays $230 Million to Settle Fraud and Deceptive Marketing Allegations
American Express agrees to pay $230 million to settle fraud and deceptive marketing allegations involving tax advice and credit card practices.
Washington Post Employees Seek Jeff Bezos' Intervention After Departures
Over 400 Washington Post staff urge Jeff Bezos to address leadership issues, rebuild trust, and tackle challenges after high-profile exits and reader concerns.
Meta to Cut 3,600 Jobs as Mark Zuckerberg Signals Tough Year Ahead
Meta plans to cut 3,600 jobs, focusing on improving performance and preparing for a challenging year ahead.
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