Trends

A San Francisco-based telehealth company allegedly prescribed controlled substances to people who did not need them, leading to the arrest of two top-ranking executives.  Fraudulent Adderall Prescriptions The leading executives of online telehealth company Done Global Inc. were arrested on Thursday on suspicion of fraudulently prescribing addictive prescription stimulants for profit, according to federal prosecutors.  … Read more

Tesla rival Rivian has just revealed a billion-dollar partnership that could change up the EV market for good. VW’s Massive Investment in Rivian Volkswagen (VW) has just announced a huge $5 billion investment in electric vehicle (EV) company Rivian. The deal has already sent Rivian’s stock soaring by over 50%, and is a much-needed lifeline … Read more

Hot on the heels of a $1 billion pledge to John Hopkins University earlier this year, Bloomberg Philanthropies has committed another enormous donation, this time to America’s foremost Black medical schools. $600 Million Donation Bloomberg Philanthropies, a philanthropic organization founded by businessman Michael Bloomberg, has announced its plan to donate a considerable $600 million donation … Read more

Texans are taking on Wall Street, and not everyone is convinced that they’ll be able to pull it off.  The Lone Star State’s Big Financial Gambit The Lone Star State is about to shake up Wall Street with its own brand of cowboy capitalism as bankers get ready to launch The Texan Texas Stock Exchange … Read more

Mcdonald’s is in trouble as customers have started voting with their wallets. McDonald’s Faces a Cash Crunch For the first time in almost four years, McDonald’s has been in hot water. The fast-food giant’s global sales have dropped, and it’s not looking pretty. The Fast-Food Giant Hits Troubling Times Sales worldwide fell by 1% from … Read more

Disney may be in legal hot water again over a scrapped $1 billion development plan that negatively affected the lives of hundreds of employees. Lawsuit Against Disney Two Disney employees have filed suit against their employer this week after the company abandoned development plans that required them to move from Los Angeles to Orlando, Florida. … Read more

An April settlement awarding millions to affected residents of the East Palestine train derailment has been updated. Now, victims have one month to make an important decision. East Palestine Derailment On Feb 3, 2023, a Norfolk Southern freight train passing through East Palestine, Ohio, was derailed. The ensuing accident released toxic chemicals into the atmosphere … Read more

Are you struggling with debt? Is your state one of the hardest hit? Here are 15 states where people are dealing with the highest levels of debt, making it tough to stay afloat. 15. Illinois Illinois residents face a debt-to-income ratio of 1.63. High taxes, housing costs, and living expenses contribute to the state’s significant … Read more

By 2030, the world could be facing a significant oil supply surplus. This could not only affect companies, but may create cheaper fuel prices and drive changes in the job market. Understanding how these dynamics could impact Americans is important as we approach this potential new era. Change in Oil Supply The International Energy Agency … Read more

Merchants have been battling Mastercard and Visa over their hefty electronic transaction fees for almost twenty years. With $30 billion on the line, will they settle or not?   Why the Battle With the Bank Cards?  Swipe fees are more intricate than consumers know, and this is the very argument that sparked the grueling legal battle … Read more