Articles by Madelaine Panganiban


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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.
Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent
Bank of America is sued for allegedly enabling Jeffrey Epstein's sex trafficking by ignoring suspicious financial activity.
Stellantis, Italy Near Agreement on New Hybrid EV Model for Mirafiori Amid Union Pressure
Stellantis recalls nearly 300,000 Dodge Darts due to a gear shift issue that may cause rollaway accidents.
Trader Joe's Chicken Soup Dumplings Possibly Contaminated With Hard Plastic—Leading To Recall
Smucker's sues Trader Joe's, claiming its crustless PB&J sandwiches copy the look and design of Uncrustables.
Walmart, Kroger Chicken Alfredo Recall Issued Amid Deadly Listeria Outbreak
Walmart partners with OpenAI to launch instant shopping through ChatGPT, making online purchases faster and easier.
Bitcoin
US seizes $15 billion in bitcoin from Chen Zhi's global "pig butchering" crypto scam, the largest forfeiture in history.
China’s Big Three Airlines Protest US Move to Bar Routes
China's top airlines oppose a U.S. plan to ban flights over Russia, warning of longer travel times and higher costs.
GM CEO Henderson Details Plans For Michigan Plant To Build Volt Battery
General Motors takes a $1.6 billion hit after Trump cuts EV tax credits and eases emissions rules.
Famous Companies That Have Filed for Bankruptcy So Far for
First Brands CEO resigns amid bankruptcy as $2.3 billion in company funds remain unaccounted for.
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