Boeing to lay off 17,000 employees
It’s a 10% staffing reduction for the airplane manufacturer, which has been marred in controversy over the past year.
7-Eleven to close 400 stores across U.S., Canada
7-Eleven has around 13,000 stores in total across both countries.
TD Bank agrees to $3 billion settlement for money laundering
The bank pleaded guilty in the historic settlement.
Unemployment claims reach highest point in a year
Hurricane Helen and the Boeing strike have been major factors in jobless claims throughout the U.S.
Social Security payments to increase by 2.5% next year
The cost of living adjustment is lower than last year.
McDonald’s sues meat packers over collusion claims
The fast food giant claims America’s tip meat packers are colluding to drive beef prices up.
DOJ considering move to break up Google
The DOJ’s request, if it makes it, would come after a federal judge ruled that Google’s search engine operates as an illegal monopoly.
Google ordered to open Android app store to competition
The tech giant plans to appeal the federal ruling.
States sue TikTok for harming youth mental health
The popular social media platform is under fire for allegedly promoting addictive behavior in children.
Pharma Bro Martin Shkreli has appeal rejected by Supreme Court
Shkreli will not be allowed to keep $64.6 million on appeal to the nation’s highest court.
