Industry

RadioShack Owners Accused of Using Investor Money in Ponzi-Like Payments

RadioShack Owners Accused of Using Investor Money in Ponzi-Like Payments

RadioShack owners are accused of running a $112 million Ponzi-like scheme using investor funds.


Starbucks to Close Underperforming Stores, Cut 900 Jobs in $1 Billion Overhaul

Starbucks is closing hundreds of stores and cutting 900 jobs as part of a $1 billion plan to improve its business.

YouTube TV Faces Tough Contract Battles With NBCUniversal, Disney as Costs Climb

YouTube TV faces new contract battles with NBCUniversal and Disney. Some questions about channel access and soaring subscription costs are appearing.

California Greek Chain Opa! Goes Bankrupt, Citing $100K–$500K in Liabilities

California-based Greek restaurant chain Opa! files for Chapter 7 bankruptcy, closing all locations and planning asset liquidation.


Latest News

Eli Lilly Announces $6.5B Texas Facility to Meet Soaring Demand
Eli Lilly announces a $6.5 billion manufacturing plant in Texas to meet rising demand for its obesity pill and other small-molecule drugs.
Amazon to Shut Down All Amazon Fresh Stores in the
Amazon will close all 19 UK Fresh stores and shift focus to online grocery delivery with same-day service launching in 2026.
Disney+ Subscribers Face Higher Costs as Company Hikes Prices Again
Disney+ raises subscription prices again starting October 21, affecting both standalone plans and bundles.
Nvidia to Invest $100 Billion in OpenAI, Cementing AI Superpower
Nvidia is investing $100 billion in OpenAI to boost AI innovation with powerful data center chips.
Kroger Shrimp Products Recalled Over Possible Nuclear Byproduct Exposure
Kroger recalls frozen shrimp over possible radioactive contamination with cesium-137.
Hershey Not Liable for Reese’s Halloween Candies Without Carved Faces,
Judge dismisses lawsuit claiming Reese's Halloween candies were misleading for lacking decorative faces shown on packaging.
Amazon Challenges New York State Over 'Unconstitutional' Labor Regulation
Amazon sues New York, calling a new state labor law unconstitutional and a threat to federal authority over workplace disputes.
Srini Gopalan Named T-Mobile CEO—Free Line Offer May Be Waiting
As T-Mobile announces CEO Mike Sievert's exit, select customers are spotting surprise free line offers in the T-Life app, but only for a limited time.
Amazon Recalls 500,000+ Products Over Deadly Safety Risks — Here's
Amazon recalls over 500,000 products due to serious safety risks including fire, suffocation, and injury hazards.
OpenAI's New AI-Powered Web Browser to Take on Google Chrome
OpenAI is reportedly planning to bring ChatGPT-powered AI hardware that will cover different needs, including those for the home.
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