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Apple settles class-action lawsuit regarding Powerbeats 2 earbuds
Anyone who bought a pair of wireless Powerbeats 2 earbuds before Aug. 7, may receive a part of the $9.75 million settlement that Apple agreed to after accusations of “false…
By Jackie AllenLatest news
MGM Resorts announces sweeping layoffs of 18,000 furloughed workers
MGM Resorts has announced intentions to lay off 18,000 furloughed workers, about one-third of MGM’s pre-pandemic workforce of…
By Colby McCoyBuilders FirstSource merger all-stock deal creates mega-giant
The all-stock merger of Dallas-based Builders FirstSource and BMC Stock Holdings (BMC) of Raliegh, North Carolina, has created a…
By Jackie AllenBed, Bath and Beyond, Cisco Systems and more plan layoffs
The moratorium on layoffs for companies that accepted federal funding or Payroll Protection Program (PPP) loans is expiring. And…
By Jackie AllenPeter Jubber, Fidelity’s head of strategy files Form D for new bitcoin fund
On Wednesday, Aug. 26, Peter Jubber, Fidelity’s head of strategy, filed a Form D with the U.S. Securities…
By Jackie AllenGovernment debt at post-WWII levels following COVID-19 pandemic
Government debt has reached levels not seen since the WWII post-war period, 128% of global gross domestic product,…
By Colby McCoyPalantir files for IPO; CEO Alex Karp slams Silicon Valley engineering elite
Palantir Technologies, a developer of software platforms for large institutions and commercial enterprises, submitted its registration for an…
By Marivic Cabural SummersThousands flee, Hurricane Laura upgraded to category 4 storm
20 million people live in the anticipated path of Hurricane Laura, which has been upgraded to category 4.…
By Jackie AllenNFL allegedly uses racial bias to deny payouts under the concussion settlement
The National Football League (NFL) is facing accusations that it is “explicitly and deliberately” using racial bias to…
By Marivic Cabural SummersGM battles unions over recent hiring of salaried employees
General Motors (GM) has clashed with the United Auto Workers union in a dispute over the company’s hiring…
By Colby McCoyElon Musk schedules live demonstration of Neuralink brain technology
On Sunday, SpaceX and Tesla CEO Elon Must issued a press release and invitation to a live demonstration…
By Jackie Allen
