Industry

Kraft Heinz Plans Major Breakup, Spinning Off Grocery Arm Worth

Kraft, Mondelez, and Coca-Cola Named in California Suit Alleging Harmful Ultra-Processed Food Practices

San Francisco files a landmark lawsuit accusing major food companies of misleading marketing that fuels health risks tied to ultra-processed foods.


Michael Burry Criticizes Elon Musk's Tesla, Cites 3.6% Annual Shareholder Dilution

Investor Michael Burry calls Tesla "overvalued," citing 3.6% annual shareholder dilution under Elon Musk's $1 trillion pay plan.

Eli Lilly Announces New Zepbound Pricing, Broadening Patient Access via LillyDirect

Eli Lilly lowers Zepbound prices on LillyDirect to expand access and help more patients afford weight loss treatment.

Warner Bros. Discovery Receives Binding Cash Offer From Netflix in Ongoing Auction

Netflix submits a binding cash bid as Warner Bros. Discovery moves closer to a potential sale in a competitive media auction.


Latest News

Airbus Works to Address Corrosion in Select A220 Jets, Ensures
Airbus recalls 6,000 A320 jets worldwide, causing flight delays and disruptions across the U.S., Europe, and Asia.
Starbucks Updates Employee Dress Code to Revive Brand Identity
Starbucks unionized workers expand Black Friday strike to 120+ stores, demanding higher pay and better staffing.
Target
YouTube video shows Target Christmas tree prices inflated for Black Friday Sale, sparking claims the deals are fake and shoppers are being misled.
AI’s Workforce Disruption Not Just Tech Jobs, MIT Study Warns
MIT's new Iceberg Index shows AI could already replace 11.7% of U.S. jobs, affecting far more than just tech roles.
Ozempic, Wegovy Weight Loss Drugs See High Dropout Rate Within Two Years Due to Cost and Effectiveness
Medicare's newly negotiated drug price cuts will save taxpayers billions while lowering costs for millions of seniors.
Burger King Must Face Whopper Lawsuit Over Allegedly Misleading Ads
A federal judge pauses the Whopper lawsuit, ruling that Burger King customers' claims are too different for a nationwide class action.
Apollo, BlackRock, and Loomis Sayles Accused of Collusion in US
A lawsuit claims Apollo, BlackRock, and other major lenders colluded to block Optimum Communications from refinancing its debt.
ByHeart Infant Formula Recall Expands After Botulism Bacteria Found in
ByHeart expands its infant formula recall after tests detect botulism-causing bacteria linked to illnesses in dozens of babies.
HP Slashes Workforce by Up to 10% as Company Pivots
HP announces plans to cut up to 6,000 jobs worldwide as it shifts toward AI-driven operations and cost-saving strategies.
Trump and Xi Seek to Reset US-China Trade Relations in
Trump says Xi Jinping agreed to speed up and increase China's purchases of U.S. goods, signaling optimism in trade talks.
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