Celebrities such as Dwayne "The Rock" Johnson, Meryl Streep, Oprah Winfrey, George Clooney, Jennifer Lopez and Ben Affleck have come together to support union members on strike, donating over $15 million to the SAG-AFTRA Foundation's Emergency Financial Assistance Program. The donations will provide much-needed financial assistance to those affected, and the Foundation is grateful for the generous support of these A-list celebrities.
Posts published in “Financial”
Russell Laffitte, the former CEO of Palmetto State Bank, has been sentenced to seven years in federal prison for helping convicted murderer Alex Murdaugh steal nearly $2 million from clients' legal settlements. U.S. District Judge Richard Gergel also ordered Laffitte to pay more than $3 million in restitution, marking the end of a long and complicated investigation into the Murdaugh family finances. The case has highlighted the need for increased oversight of financial institutions and the importance of holding those who break the law accountable.
Fitch Ratings Downgrades US Credit Rating to AA+ Due to Growing Debt and Eroding Political Stability
Fitch Ratings Downgrades US Credit Rating to AA+ Due to Growing Debt and Eroding Political Stability
Fitch Ratings has downgraded the United States from AAA to AA+, citing growing debt and eroding political stability. This downgrade could lead to higher borrowing costs for the government and businesses, and highlights the need for fiscal discipline and political stability to maintain the nation's credit rating. The downgrade is a warning sign for the U.S. economy, as it continues to grapple with the economic fallout of the pandemic.
New York Lawsuit Accuses Taco Bell of False Advertising and Overstating Amount of Meat in Menu Items
New York Lawsuit Accuses Taco Bell of False Advertising and Overstating Amount of Meat in Menu Items
A lawsuit has been filed against Taco Bell alleging false advertising, claiming that menu items such as the Crunchwrap and Mexican Pizza contain less meat and vegetables than advertised. The plaintiff, Frank Siragusa, is seeking class action status, damages, and an injunction against the fast food chain. Taco Bell has not yet responded to the lawsuit, and the outcome remains to be seen.
Overstock.com has breathed new life into the iconic home goods retailer, Bed Bath & Beyond, by relaunching the website under its new ownership. Customers can take advantage of a number of perks, such as up to $50 of loyalty reward points reinstated from former Bed Bath & Beyond customer accounts, 20% off, transfer of membership, and all current rewards for members of Club O. Furthermore, anyone who downloads the new Bed Bath & Beyond mobile app will receive 25% off their initial purchase. The relaunch of Bed Bath & Beyond marks a new chapter for the retailer, which is sure to be a success with the combination of Bed Bath's brand name and Overstock's business model.
Key takeaways: The new reactor is located at the Plant Vogtle nuclear power plant in Waynesboro, Georgia, and is now sending power to the grid…
A single winning ticket was sold for Friday's estimated $940 million Mega Millions jackpot, the fifth-largest in the game's history. The winner had the choice of taking an estimated lump sum payment of $472.5 million before taxes, or going with the annuity option. No one managed to match all six numbers for the jackpot, and the next drawing will be held on Tuesday night with an estimated $1.05 billion prize up for grabs. The Mega Millions lottery has been offering massive jackpots for the past few months.
Anheuser-Busch announced on Wednesday that it would be laying off 350 employees, mostly from corporate positions, in order to recover from the fallout of a campaign involving a trans influencer. The layoffs will not include frontline staff and will affect less than 2% of the company's 18,000 employees. The company is seeking to recover from the campaign and adjust to the changes, with the effects of the layoffs yet to be seen.