Abbott Labs under criminal investigation over baby formula shortage: Report
The Department of Justice announced an investigation into Abbott Laboratories' Michigan plant which was at center of a nationwide formula shortage in 2022.
Elon Musk on the witness stand, defending Tesla buyout tweets
During testimony in the trial over 2018 tweets related to the electric vehicle maker potentially going private, Tesla CEO Elon Musk defended his Twitter posts.
FTC files motion seeking for 'Pharma Bro' Martin Shkreli to be held in contempt
The Federal Trade Commission is seeking for a court to hold in contempt Martin Shkreli, accusing him of not cooperating with a probe related to his lifetime pharmaceutical industry ban.
FTX scandal rocks Florida school district; victims may include high school teens
The mystery of how former FTX CEO Sam Bankman-Fried went from saint to sinner may never be fully answered, but it continues to stun people, including his colleagues in the crypto industry.
Walmart 'shocked' after Indiana suspect opens fire at store where he once worked
Walmart said Friday that the company is "shocked" after a former Evansville, Indiana, employee started shooting late Thursday night at the store where he once worked.
Flavored cannabis marketing placed under scrutiny
As shops continue to crop up across the country, some people are raising concerns about how marijuana products are being marketed to teens and young adults.
NY leaders call on Madison Square Garden to stop using facial recognition tech: 'Sets a dangerous precedent'
While New York lawmakers are calling on Madison Square Garden to cease the use of facial recognition tech on fans, the company said it does not retain images of most individuals.
Southwest Airlines sued by shareholders following operational meltdown
Shareholders are suing Southwest Airlines, claiming that it concealed issues about its technology that left it vulnerable during adverse weather conditions.
Google says Supreme Court ruling could potentially upend the internet
Google filed a Supreme Court brief case hoping to keep a liability shield that would keep them immune from lawsuits if content they recommend causes harm.
Judge orders Detroit museum not to move van Gogh painting amid lawsuit
A judge on Wednesday ordered the Detroit Institute of Arts to hold onto a painting by famous post-impressionist Vincent van Gogh following a lawsuit by the work's owner.
FTX has recovered $5B in liquid assets, bankruptcy lawyer says
An attorney for bankrupt crypto exchange FTX told a judge Wednesday the failed platform has recovered more than $5 billion liquid assets, including cash and securities.
Bed Bath & Beyond’s day of reckoning
Days after disclosing bankruptcy is a real possibility, Bed Bath & Beyond, on Tuesday, will update investors on what’s ahead for the embattled home retailer which has been plagued with falling sales, allegations of financial fraud which surfaced following the suicide of its CFO and mounting store closures.
Former McDonald’s CEO Steve Easterbrook fined by SEC for misleading investors about firing
The Securities and Exchange Commission charged former McDonald's CEO Steve Easterbrook for misleading investors about why he was fired in November 2019.
Sam Bankman-Fried’s defense team led by battle-tested lawyers
Sam Bankman-Fried was charged with stealing billions of dollars from FTX customers while misleading investors and lenders connected to his crypto-trading firm Alameda Research.
DOJ to seize $465M of Robinhood shares tied to FTX founder
The DOJ is seizing $465 million worth of Robinhood shares, but FTX, BlockFi and Sam Bankman-Fried, have all laid claim to them.
Musk wants change of venue for shareholder trial
Lawyers for Elon Musk are asking for a change of location for a shareholder trial which is slated to get underway in two weeks.
Labor Department finds American Airlines retaliated against employees who reported toxic fumes on planes
The Department of Labor said that a whistleblower investigation found American Airlines retaliated against flight attendants who had reported worker illnesses from toxic fumes.
Biden administration unveils defense of student loan forgiveness plan at Supreme Court
The Biden administration launched its defense of its student loan forgiveness plan before the Supreme Court. Here’s how to lower your student loan monthly payments.
Twitter hires law firm slammed by Musk multiple times: reports
Twitter has hired law firm Perkins Coie to represent them in a civil suit seeking $10 billion. In December, CEO Elon Musk bashed the firm, saying no company should use them.
FTC proposes rule for nationwide ban on noncompete clauses for workers
The Federal Trade Commission is proposing a nationwide ban on noncompete clauses that restrict employees from working for rival firms or starting competing businesses.



















