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…
Ernst & Young to Pay SEC $100 million…
Ernst & Young, one of the "Big Four" accounting firms in the United States, will pay a $100 million penalty to the Securities and Exchange Commission after admitting its auditors had cheated on the certified public accountant…
Twitter Board Unanimously Approves Elon Musk’s $44 Billion…
Twitter’s board unanimously recommended Tuesday that shareholders approve billionaire Elon Musk’s offer to buy the social media site for $44 billion. Musk told Twitter employees earlier in June that he still planned to move forward…
Ford Recalls Nearly 3 Million Vehicles
Ford Motor Company is recalling approximately 2.9 million vehicles due to a defective part that may prevent the car from shifting gears properly. The vehicles are reportedly susceptible to a defective or missing shift cable that…
Meta and Instagram Sued for Exploitation
Meta Platforms, the parent company of Facebook and Instagram, is facing eight new lawsuits after lawyers with the Beasley Allen Law Firm filed a series of complaints this week accusing the company of exploiting young people…
Florida Restaurant Pays $38K in Back Wages
A restaurant in Florida was required to pay a total of $38,755 to six workers after a U.S. Department of Labor Wage and Hour Division investigation. El Guerrero Mexican Grill Inc., in Pinellas Park, Florida,…
Elon Musk Twitter Deal on Hold
Elon Musk's bid to purchase Twitter has been put on hold over concerns about his ability to arrange new financing that would limit his cash contribution to the $44 billion acquisition amid his threats to…
JetBlue Raises Offer to Buy Spirit Airline Amid…
JetBlue Airways is sweetening its bid with an extra $150 million to win control of Spirit Airlines in hopes that shareholders will reject a merger with rival Frontier Airlines. JetBlue's enhanced bid includes a reverse breakup fee…
Elon Musk Threatens to Abandon Twitter Deal
Elon Musk accused Twitter of “resisting and thwarting” his right to information about fake accounts on the platform, calling it a “clear material breach” of the terms of their merger agreement in a letter to the company on Monday. “Mr.…