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MGM to lose $100 million from data breach
September’s cyberattack on MGM Resorts International will reportedly cost the casino giant $100 million on its third financial quarter results,...
Fast food giants win false advertising suit
On Wednesday, fast food chains McDonald’s and Wendy’s won a lawsuit alleging the two companies had conducted false advertising. The...
Autoworkers strike causes GM $200 million loss
In just two weeks, the ongoing strike by the United Auto Workers union has reportedly cost General Motors approximately $200...
US private sector misses new job expectations
The U.S. private sector only added approximately 89,000 jobs in September, revealed payroll processing company ADP on Wednesday. Analysts previously...
Largest health care strike in US history begins
On Wednesday, 75,500 unionized health care workers for Kaiser Permanente walked off the job, commencing the largest health care strike...
US car sales climb in Q3
According to new figures from U.S. automakers, U.S. car sales increased in the third financial quarter despite a slew of...
Dow falls 400 points following rising Treasury yield
On Tuesday, the Dow Jones Industrial Average sank 430 points, marking the index’s lowest close since June. Alongside the Dow’s...
WeWork stock sinks after interest payment skip announcement
Coworking company WeWork’s shares tanked Tuesday following news that it would be skipping payments on interest to the sum of...
Automakers lay off 500 workers due to UAW strike
On Tuesday, automaking giants Ford and General Motors announced the layoffs of approximately 500 employees between the two companies. According...
Drug makers spend $500 million on weight loss drug marketing in 2023
According to newly released data from analytics firm MediaRadar, drugmakers spent nearly $500 million on advertising for weight loss and...
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