Articles by Madelaine Panganiban


Latest News

Novartis Plans $23 Billion US Buildout as Pharma Faces Pressure
Novartis is acquiring U.S. biotech Avidity Biosciences for $12B to expand rare muscle disorder treatments.
Hormel Issues Massive Recall for 4.9M Pounds of Chicken Found
Hormel recalls 4.9 million pounds of frozen chicken after discovering metal fragments from a conveyor belt, urging restaurants to discard affected products.
Trump’s Trade War Escalates: 50% Copper Tariff, Pharma Tariffs Looming
Trump threatens a 10% tariff on Canadian imports after Ontario airs a Reagan-themed anti-tariff ad.
Boeing Faces New Setback as China Cuts Off Jet Shipments
Boeing workers reject the latest contract offer, extending their strike into a third month over pay and benefits.
Microsoft Slashes Jobs Across Teams, Aims to Streamline Management
Australia's ACCC has sued Microsoft for allegedly misleading 2.7 million users over AI-driven Microsoft 365 price hikes.
357,000 Bio Ionic Curling Irons Recalled After Hundreds of Burn
Over 357,000 Bio Ionic curling irons are recalled after hundreds of reported burn injuries.
FDA Suspends Milk Testing Program Due to Mass Employee Departures
Over 140,000 bottles of generic Lipitor (Atorvastatin) are recalled after failing FDA dissolution tests.
Neutrogena Issues Recall of Makeup Wipes That Tested Positive for
Neutrogena recalls makeup wipes after tests found harmful bacteria, urging consumers to stop use immediately.
Starbucks Workers in US and Canada to See 2% Salary
Starbucks baristas are voting on a potential nationwide strike amid stalled contract talks with the union.
Rivian Reaches $250 Million Settlement in Shareholder Suit Over IPO
Rivian agrees to a $250M settlement over alleged IPO price misrepresentation as it focuses on launching the R2 SUV.
Alaska Airlines and Boeing Resolve $1 Billion Suit Over Door
Boeing workers prepare to vote on a revised contract after nearly 80 days on strike, seeking better pay and benefits.
Target is testing factory-to-customer shipping to lower costs and compete
Target cuts 1,800 corporate jobs to streamline operations and boost sluggish sales.
Netflix to Open 2 Massive Entertainment Venues That Will Offer Events, Shops Themed to Its Famous Shows
Netflix's Q3 earnings test the success of its big bets on ads and gaming as revenue and investor pressure grow.
US Gas Prices Drop Below $3 for the First Time
US gas prices drop below $3 for the first time since 2024, with experts predicting even lower prices ahead.
Massive Ticketmaster Data Breach Leaks Over Half a Billion User Data; Hackers Sell Stolen Details for $500K
Ticketmaster announces new anti-scalping measures, including account bans and shutting down TradeDesk, amid FTC lawsuit.
 Amazon Shuts Down Free Shipping Sharing for Friends Outside Your
Amazon confirms AWS outage resolved after global internet disruptions affected major apps, schools, and services.
Elon Musk’s X Reveals Indian Government Ordered Block on Over
Glass Lewis urges Tesla shareholders to reject Elon Musk's $1 trillion pay package ahead of crucial November 6 vote.
South Korea Export Slump Signals Global Trade Pain From US
South Korea and the U.S. make major progress in tariff talks, with hopes to finalize a trade deal by the APEC summit.
American Wines May Contain Dozens of Hidden Ingredients, Winemaker Warns
Winemaker Charles Smith warns that many American wines contain over 70 hidden ingredients and calls for full transparency in labeling.
Kering Offloads Beauty Arm to L’Oréal for $4.66 Billion, Eyes
Kering sells its beauty division to L'Oréal for $4.66 billion, aiming to cut debt and explore luxury wellness ventures.
Pfizer Ends Trial of Oral Weight-Loss Pill Following Patient Liver
Over 1,000 women sue Pfizer, claiming Depo-Provera birth control caused brain tumors linked to long-term use.
Trump Blasts $3.1B Fed Renovation, Promises to Clean Up D.C.
President Trump extends auto tariff rebates through 2030 and imposes a new 25% import tax on trucks to boost U.S. manufacturing.
Is Your Cinnamon Safe? FDA Flags 16 Brands for Elevated
FDA warns 16 cinnamon brands contain unsafe lead levels, urging consumers to discard affected products immediately.
IKEA to Hike US Prices as Trump’s 25% Furniture Tariffs
IKEA will raise U.S. furniture prices as Trump's new 25% import tariffs take effect, impacting popular items like sofas and bedroom sets.
Johnson & Johnson Reaches Settlement In 8.9 Billion Dollar Lawsuit Over Products Containing Talcum Powder
Over 3,000 UK victims sue Johnson & Johnson over claims of asbestos in baby powder linked to cancer.
Trump Media Partners With Crypto.com in $1 Billion CRO Crypto
US businesses sue Trump administration over $100,000 H-1B visa fee, warning of labor shortages.
Nestlé Recalls Lean Cuisine and Stouffer’s Meals Over Wood Contamination
Nestlé will lay off 16,000 workers by 2027 as new CEO Philipp Navratil launches a major cost-cutting plan.
Elon Musk’s xAI Set to Raise $5 Billion in Debt
Tesla appeals to the Delaware Supreme Court to reinstate Elon Musk's $56 billion pay package after a lower court ruled it invalid.
NBC News Workforce Faces Cuts as MSNBC Spins Off Into
NBC News begins layoffs as MSNBC prepares to operate independently under new parent company Versant.
American Airlines Sends Passengers by Bus After Wrong Plane Lands
An American Airlines flight returned to LAX after passengers and crew reported fumes in the cabin shortly after takeoff.
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