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Senators demand Jeff Bezos to stop selling fire hazard AmazonBasics products
Three Democratic Senators demanded Amazon.com. Inc (NASDAQ: AMZN) CEO Jeff Bezos to recall fire hazard AmazonBasics products after CNN reported that the e-commerce giant is still selling its defective products…
By Jackie AllenLatest news
Electronic Arts class-action suit — are loot boxes gambling or gaming?
The Aug. 13 class-action lawsuit (Kevin Ramirez vs Electronic Arts) reflects the still unanswered questions about online game…
By Jackie AllenMcDonald’s scrutinizes Fairhurst’s role in Easterbrook severance suit
McDonald’s is taking a closer look at David Fairhurst, who was head of Human Resources during the investigation…
By Jackie AllenAmazon Prime Air gets “air carrier” approval from FAA
Getting a 30-minute drone delivery of an Amazon package flown into your backyard is one step closer to…
By Jackie AllenGoodyear experiences market dip as Trump calls for boycott
Goodyear Tire & Rubber Co. reported significant losses on Wednesday following a tweet from President Trump calling for…
By Colby McCoyFormer McDonald’s CEO Steve Easterbrook fights for his severance
Ex-CEO Steve Easterbrook, 53, responded to McDonald’s lawsuit that aims at taking back his separation package. When he…
By Jackie AllenTrumid Financial secures $200M in latest funding round
Trumid Financial, LLC, announced that it secured $200 million in growth capital investment from the Dragoneer Investment Group…
By Jackie AllenStein Mart files for bankruptcy joining other big-name retailers
Nationwide discount store chain Stein Mart, Inc. filed for Chapter 11 bankruptcy on Wednesday. “The combined effects of…
By Jackie AllenMcDonald’s sues ex-CEO Stephen Easterbrook for improper relationships
McDonald’s has filed suit against its ex-CEO, Stephen Easterbrook to recover his two-year severance pay, stock options, and…
By Jackie AllenAbbVie to pay $24 million to settle lawsuit over Humira marketing practices
AbbVie (NYSE: ABBV) agreed to pay $24 million to settle a lawsuit alleging that the biopharmaceutical company committed…
By Marivic Cabural SummersVictoria’s Secret owner, L Brands to eliminate around 850 corporate jobs
L Brands, the owner of Bath & Body Works and Victoria’s Secret, will eliminate approximately 15% or around…
By Marivic Cabural Summers