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Investing

Grubhub to pay $25M to settle charges that it misled diners and drivers about costs and pay

December 19, 2024
Grubhub will pay $25 million to settle charges it misled customers about the cost of their delivery and drivers about how much…
Investing

Women’s basketball league Unrivaled secures $28M in funding from star-studded investor lineup

December 18, 2024
Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before its inaugural season….
Investing

Walmart employees are now wearing body cameras in some U.S. stores

December 18, 2024
Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its U.S. locations, CNBC…
Investing

CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms

December 18, 2024
CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that…
Investing

Former Ozy Media head sentenced to nearly 10 years in prison

December 17, 2024
The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged fraud involving…
Investing

From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024

December 17, 2024
A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of…
Investing

McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty

December 17, 2024
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work…
Investing

Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments

December 17, 2024
President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to…
Investing

Kroger and Albertsons are spending billions to reward shareholders after their blocked merger

December 16, 2024
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with…
Investing

McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty

December 16, 2024
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work…
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