Diageo, one of the world’s largest alcohol makers, is citing a rape allegation against Sean “Diddy” Combs in its renewed push to keep him from advertising tequila. In a court filing, the company says Combs, who has been trying to win advertising rights for another brand of tequila, Ciroc, should be kept out of any […]Read More

United Auto Workers (UAW) members officially ratified a new four-year national contract with the Detroit Three automakers on Friday. The agreement came after a month-long voting period, with 67% of workers voting in favor of the deal. The contract includes wage increases, improved health care benefits, and commitments from the automakers to invest in plants […]Read More

OpenAI employees have reportedly threatened to quit en masse after former CEO Sam Altman joined Microsoft. According to Bloomberg, some employees were angered by Altman’s decision to become a Microsoft corporate vice president and strategy leader, citing concerns over Microsoft’s ownership of OpenAI and the company’s lack of commitment to transparency and openness. Altman left […]Read More

Warner Bros. recently announced that they have dropped the price of their subscription streaming channel Max, which includes ads, from $9.99 to $4.99 per month. This move could be seen as a response to growing competition in the streaming industry with Netflix, Disney+, Hulu, and others. The drop in price for Max comes as WarnerMedia […]Read More

Nearly 50,000 United Auto Workers union members have ratified a new labor deal with major U.S. automakers, ending three weeks of heated negotiations that were punctuated by contentious voting processes. The membership of GM’s UAW ratified the agreement on Friday with 51.3 percent of members voting in favor of the deal. Chrysler and Ford workers […]Read More

The top Anheuser-Busch marketing executive is leaving the company after its Bud Light sales collapsed amid a changing beer industry and intense competition from rival brands. Dave Almeida, executive vice president of global marketing for Anheuser-Busch InBev, will depart on March 1, according to a company memo obtained by The Wall Street Journal. Almeida had […]Read More

the world over in recent months. Mortgage rates around the world have been rising rapidly in recent months, but they have started to slip in recent days. This could signal that home buyers are starting to get a bit more breathing room when it comes to interest rates. The drop in rates is being credited […]Read More

No, there is evidence that shoplifting is on the rise, particularly since the onset of the COVID-19 pandemic. According to the National Retail Federation, shoplifting is rising due to store closures, long lines, and an increase in burglaries, theft, and other crimes of opportunity. Additionally, retailers have reported an increase in shoplifting activity as people […]Read More

WeWork, the office-sharing company that has become one of the most high-profile symbols of the tech boom and bust, has filed for Chapter 11 bankruptcy protection. The company, which was once valued at $47 billion, has been struggling to stay afloat in recent months. It has struggled under the weight of its massive debts and […]Read More

Credit card balances have been on a steady rise since the start of the year. While households ended 2018 with $830 billion in credit card debt, they added an additional $250 billion to that figure by the end of the third quarter. There are several factors contributing to this dramatic increase. First, after years of […]Read More