Over 1,200 Starbucks employees participated in strikes this week to protest a new dress code implemented by the company. The Starbucks Workers United union claims the policy, which […]
Economy
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U.S. Retail Sales Slow in April Amid Tariff Impact
The latest retail sales report indicates that consumer spending slowed significantly in April, reversing a pre-tariff spending surge seen in March. Analysts attribute this decline to the impact […]
Uncategorized
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AvKare Recalls Over-the-Counter Eye Drops Following FDA Audit
Pharmaceutical company AvKare has initiated a voluntary recall of several over-the-counter eye care products due to “deviations” uncovered during a recent Food and Drug Administration audit. According to […]
Uncategorized
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Ford Recalls Nearly 274,000 SUVs Over Brake Line Defect
Ford is recalling approximately 274,000 Expedition and Lincoln Navigator SUVs due to a defect that could cause brake fluid leaks or loss of brake function. The issue stems […]
Technology
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Congress Revisits Stablecoin Bill Amid Bipartisan Push
The U.S. Senate is revisiting the GENIUS Act, a bipartisan stablecoin bill, with a potential vote before the Memorial Day recess. Brian Armstrong, founder of Coinbase, expressed optimism […]
Technology
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Coinbase Warns of Potential $400 Million Loss Due to Cyber Attack
On May 11, Coinbase received an email from a threat actor claiming possession of customer account details and internal documents. Although some data, such as names, addresses, and […]
Markets
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Stock Market Declines as UnitedHealth and Retail Reports Impact Indices
The stock market experienced a downturn today, with the Dow falling 100 points largely due to a fresh plunge in UnitedHealth’s stock. The S&P 500 and Nasdaq also […]
Banks
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UnitedHealth Faces Challenges Amid Market Speculation
UnitedHealth has been under significant scrutiny as analysts weigh its future prospects. With a 40% drop in stock value this year, some analysts have finally downgraded the shares. […]
Economy
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UK Becomes Fastest-Growing G7 Economy After Strong First Quarter
LONDON — Official figures released Thursday indicate that the British economy grew at its fastest rate in a year during the first quarter of 2025, marking a significant […]
Uncategorized
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Morning Bid: Another Won Bites the Dust
May 15 (Reuters) – A look at the day ahead in U.S. and global markets by EMEA markets breaking news editor Amanda Cooper. It’s shaping up to be […]