World and Business

Los Angeles County recently filed a lawsuit against the beverage giants PepsiCo and Coca-Cola, accusing them of contributing to plastic pollution and engaging in deceptive business practices. The lawsuit, filed in Los Angeles Superior Court, claims that these companies misled the public about the recyclability of their plastic bottles, which, according to the county, are […]

During its Q3 earnings call on Thursday, Wendy’s executives announced plans to close around 140 poorly performing restaurants this year while focusing on opening a similar number of new locations in more profitable areas. This move underscores Wendy’s commitment to restructuring and optimizing its system with a long-term focus on efficiency and profitability. International Expansion

The U.S. labor market saw far fewer job additions than expected in October as strikes and harsh weather conditions weighed heavily on employment figures. According to data released by the Bureau of Labor Statistics (BLS) on Friday, the U.S. economy added only 12,000 jobs in October, far below economists’ forecast of 100,000. The unemployment rate

Boeing’s more than seven-week machinist strike has already impacted the U.S. labor market and will play a major role in the upcoming jobs report from the Department of Labor on Friday—the final report before the November 5 presidential election and the Federal Reserve’s meeting next week. Meanwhile, Boeing’s impending layoffs will take months to fully

On October 29, Russian media reported that Google had officially been fined a record-breaking $20.6 sextillion USD by a Russian court, an amount that exceeds the world’s entire GDP. This shocking development has sent waves across the tech industry and underscores the escalating tensions between Russia and Western technology companies. This ruling stems from Google’s

Starbucks announced it will eliminate the surcharge for dairy-free milk options in the U.S., a change that will go into effect on November 7, allowing some customers to save over 10% on their drinks. The shift aligns with growing demand for plant-based milk alternatives, as well as feedback from customers who view the surcharge as

United Airlines recently announced major changes to its MileagePlus loyalty program, requiring customers to spend more to achieve elite status in 2024. Aimed at optimizing profits and providing exclusivity, United has raised the status requirements by 25%, requiring either spending on a co-branded card or a combination of spending and flights. These new criteria will

Eli Lilly, one of the world’s leading pharmaceutical companies, recently reported third-quarter 2024 financial results that disappointed investors due to lower-than-expected profit and revenue. Sales of its key drugs, Zepbound (weight loss) and Mounjaro (diabetes treatment), fell short of analyst expectations, prompting the company to cut its full-year adjusted earnings forecast. This news led to