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McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into...
Read moreFrom Chili’s to burger chains, here are the restaurant industry winners and losers in 2024
A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller...
Read moreFormer Ozy Media head sentenced to nearly 10 years in prison
The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged...
Read moreTrump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments
President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort...
Read moreMcKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into...
Read moreKroger and Albertsons are spending billions to reward shareholders after their blocked merger
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move...
Read moreTop liquor distributor favored Costco and Kroger over small businesses, FTC says
The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that...
Read moreStar real estate agents Alexander brothers arrested in Miami after sex assault claims
Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than...
Read moreJudge blocks Albertsons-Kroger $25 billion supermarket merger
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival...
Read moreHow the Olympics helped transform Salt Lake City into a tech hub
Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging...
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Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s...
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Lego is reinventing its iconic brick sets and keeping the toy industry afloat
The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up:...
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Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using...
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IRS plans to pay 1 million taxpayers up to $1,400. Here’s how to check if you’re eligible.
The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month,...
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