In the latest in the California v. Walgreens issues, California will not renew a $54 million contract with Walgreens over the chain’s decision not to dispense abortion pills in the state, even though they are legal…
Another crypto king is on the ropes, as Terraform Labs co-founder Do Kwon has been charged with defrauding investors by the U.S. Securities and Exchange Commission. The SEC alleges that the company orchestrated a multibillion…
Microsoft plans to lay off nearly 5% of its workforce, totaling 10,000 workers this week. The company has a total workforce of nearly 221,000 workers, with 10,000 workers being laid off, this marks Microsofts largest amount…
Alex Jones, someone known for his conspiracy theories that he puts on his InfoWars show, will be ordered to pay nearly one billion dollars to families of the victims of the 2012 Sandy Hook Elementary…
As of closing bell last night, Twitter was down 1.85% in the markets. Earlier in the year, Elon Musk was poised with $44 billion to acquire Twitter and then tried to back out of the…
The Biden administration’s antitrust enforcers are throwing sand in the gears of Wall Street’s deal machine. Under Chairwoman Lina Khan, the Federal Trade Commission is questioning mergers that likely would have gone unchallenged in years past—a…
Amazon on Tuesday filed a lawsuit against the administrators of more than 10,000 Facebook groups who allegedly acted as fake review brokers. The lawsuit filed in King County Superior Court in Seattle accuses the group admins of soliciting reviews for…
A Delaware judge agreed to expedite the trial for Twitter's lawsuit against Elon Musk to October. Twitter's and Musk's legal teams met on a Zoom call on Tuesday, in which they each presented a case for…
Spirit Airlines agreed to push its shareholder vote on the Frontier deal again in order to give the airline more time to garner support from Spirit shareholders. Spirit, the nation's largest budget carrier, announced Wednesday that…
Former Theranos executive Ramesh "Sunny" Balwani was found guilty of 12 federal criminal fraud charges on Thursday, making him the second high-level leader of the now-defunct blood testing firm convicted of deceiving investors about its failed technology.…
