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Investing

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

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

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

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

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

Former 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 fraud involving…
Investing

From 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 pool of…
Investing

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 the company’s consulting work…
Investing

Trump 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 designed to…
Investing

Kroger 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 forward with…
Investing

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 the company’s consulting work…
Investing

Top 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 gave large…
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