Industry

Alex Konanykhin, founder and CEO of SafeBets.world

While Polymarket Gets Banned in Europe, a No-Wager Rival Is Raising at a Fraction of Its Valuation

SafeBets is raising $2.1 billion on a no-wager prediction market model designed to avoid the regulatory crackdowns facing Polymarket and Kalshi across Europe and parts of the U.S.


New York Times Faces Reverse Discrimination Allegations in Federal Lawsuit

The New York Times faces a federal lawsuit alleging reverse discrimination in hiring, raising debate over diversity policies in the workplace.

Potato Chip Recall Issued for Zapp's and Dirty Brands Due to Possible Salmonella Risk

Zapp's and Dirty potato chips are recalled nationwide over possible salmonella risk linked to a seasoning ingredient.

Subway Closes 729 US Restaurants as McDonald's Gains Ground in Fast-Food Race

Subway closed 729 U.S. locations in 2025 as McDonald's gains ground, intensifying competition in the fast-food market.


Latest News

Purdue Pharma Faces $5.5B Criminal Sentence for Deceiving Regulators and
Purdue Pharma has been sentenced to pay $5.5 billion after pleading guilty to deceiving regulators and fueling the US opioid crisis through aggressive and illegal opioid sales practices.
JBS Faces Lawsuit in Brazil Over Beef Linked to Forced
Brazil's labor prosecutors have sued JBS over claims it bought cattle linked to forced labor, raising major concerns about supply chain oversight in the country's beef industry.
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Ford Motor Company expects a $1.3 billion tariff refund after a Supreme Court ruling, boosting profits despite ongoing trade cost pressures.
Elon Musk’s Historic Pay Deal Faces Fierce Pushback From Shareholders
Elon Musk accused Sam Altman of a "bait and switch" over OpenAI's direction during a heated court trial in California, escalating tensions in the high-stakes legal battle.
Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why
Spirit Airlines faces possible collapse as $500 million bailout talks stall, with creditors blocking a key government rescue plan.
American Airlines Offers $4.2 Billion in Pay Increase for Flight Attendants to Avoid Strike
American Airlines limits power banks to two per passenger and requires visibility on flights to reduce lithium battery fire risks.
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Disney pauses ESPN spinoff plans as CEO Josh D'Amaro focuses on streaming growth and keeping the sports network in-house.
Media Matters Sues to Halt FTC Probe Tied to Elon
SpaceX has approved a bold pay package for Elon Musk tied to reaching a $7.5 trillion valuation and building a permanent human colony on Mars.
Trump’s 50% Tariffs on India Over Russian Oil Spark Trade
Thousands of U.S. businesses have had tariff refund claims rejected as a new federal system rolls out under strict rules.
Panera Bread’s Salad Stuffers Spark Employee Criticism Over Food Waste
Panera Bread faces backlash over its Salad Stuffers as employees raise concerns about food waste and product value.
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