BowFlex Maker Files For Bankruptcy With $67M Debt
In a stunning turn of events, the renowned BowFlex exercise machine maker has plunged into Chapter 11 bankruptcy, citing mounting debts totaling over $67...
CFPB Bans Excessive Credit Card Late Fees
In a bold move aimed at alleviating the burden on American consumers, the Consumer Financial Protection Bureau (CFPB) has finalized a groundbreaking rule to...
JetBlue Airways and Spirit Airlines Abandon $3.8 Billion Merger
The ambitious $3.8 billion merger between JetBlue Airways and Spirit Airlines has come to an abrupt end, sending shockwaves throughout the airline industry.
After weeks...
L3Harris To Pay $650K in 401(k) settlement
Defense behemoth L3Harris has pledged a hefty $650,000 to settle a class action lawsuit, culminating accusations of breaching federal benefits law. The lawsuit, spotlighting...
Ohio Agency Puts Discovery On Hold In FirstEnergy Probes
In a gripping turn of events, the Ohio utilities commission has slammed the brakes on discovery proceedings related to the sordid saga surrounding FirstEnergy...
Douglas Group Plans €1.1B Frankfurt Float
In a bold move set to shake the European beauty market, Douglas Group, a prominent beauty store owner, announced today its strategic intentions to...
JetBlue and Spirit Nix closed $3.8B merger
JetBlue Airways and Spirit Airlines have mutually agreed to scrap their planned $3.8 billion merger, following a federal court's blockage earlier this year. The...
EU Fines Apple $2 Billion In Spotify Antitrust Case
In a seismic jolt to the tech industry, the European Union's antitrust authority has levied a staggering fine of €1.8 billion ($1.95 billion) against...
Elon Musk Sues Sam Altman and OpenAI Over Prioritizing Profit Over Humanity
Elon Musk, billionaire entrepreneur and founder of Tesla and SpaceX filed a lawsuit Thursday against Sam Altman and OpenAI, claiming the company has abandoned...
Death of Angela Chao: Ongoing Criminal investigation, Not a Typical Accident
The circumstances surrounding the death of Angela Chao, 50, the CEO of Foremost Group, have raised the suspicions of law enforcement. Chao’s death is...