Articles by Madelaine Panganiban


Latest News

Trump Admin Orders Crypto Inclusion in Mortgage Assets, Shaking Up
The Trump administration now requires mortgage giants to count cryptocurrency as assets, reshaping U.S. home loan rules.
Elon Musk Cuts Ties with Tesla VP Omead Afshar Over
Elon Musk has reportedly fired Tesla VP Omead Afshar amid declining global sales and growing pressure on the company's leadership.
Nestlé Pledges Artificial Dye-Free US Products by Mid-2026
Nestlé pledges to remove all artificial dyes from its U.S. food and drinks by mid-2026, aiming to meet evolving consumer health preferences.
Nike to Raise Prices, Shift Supply Chain Amid $1 Billion
Nike plans to raise prices and shift production to offset $1 billion in new tariffs, aiming to stabilize profits and refocus on performance.
Walmart’s Texas Sam’s Club Closure Could Affect Over 100 Employees
Walmart is closing its Fort Worth Sam's Club fulfillment center, potentially impacting over 100 jobs as operations shift to other Texas facilities.
 FTC Issues Nearly $126M in Refunds to Fortnite Players Over
The FTC is sending nearly $126 million in refunds to Fortnite players charged for unwanted in-game purchases and has reopened claims until July 9.
Mars Secures FTC Approval for $36 Billion Kellanova Acquisition
The FTC has approved Mars' $36 billion acquisition of Kellanova, clearing the way for one of the largest food industry deals in years.
Boeing Appoints Former Northrop Grumman Leader to Head Air Force
Boeing appoints ex-Northrop Grumman leader Steve Sullivan to head its delayed Air Force One program amid ongoing challenges and a 2027 delivery goal.
In-N-Out Burger Files Lawsuit Against YouTuber Over Fake Employee Stunt
In-N-Out Burger sues YouTuber Bryan Arnett for impersonating an employee and posting prank videos that allegedly harmed the brand.
Albertsons Faces Multi-State Strike Threat Over Staffing, Wages, and Worker
Albertsons faces multi-state strike threats as grocery workers demand better pay, staffing, and labor rights amid Kroger's store closure plans.
NBA Unanimously Approves Sale of Timberwolves and Lynx for $1.5
The NBA has approved the $1.5 billion sale of the Timberwolves and Lynx to Marc Lore and Alex Rodriguez, marking a new era for Minnesota basketball.
Target is testing factory-to-customer shipping to lower costs and compete
Target is testing factory-to-customer shipping to lower costs and compete with budget-friendly online retailers.
Ford Issues Major Recall for Lincoln Aviators Due to Loose
Ford recalls over 132,000 Lincoln Aviator SUVs due to loose rear window bars that could pose a safety risk.
McDonald’s Drops Krispy Kreme Plans, Citing Unsustainable Costs
McDonald's ends Krispy Kreme partnership due to high costs, pulling doughnuts from menus nationwide by July 2.
Starbucks Introduces Transparent Pricing Model for Add-Ons in App Test
Starbucks updates its pricing for drink add-ons and tests a new app feature to show real-time costs for custom orders.
Airlines Reroute Flights in Middle East After Iran Escalates Military
Airlines reroute flights as Iran's missile strike on a U.S. base in Qatar heightens Middle East tensions and disrupts global travel.
Amazon Unveils $54 Billion UK Investment Plan, Thousands of Jobs
Amazon announces a $54 billion UK investment plan, creating thousands of jobs and expanding its operations nationwide.
Novo Nordisk Halts Wegovy Sales on Hims & Hers, Citing
Novo Nordisk ends partnership with Hims & Hers over concerns about unsafe Wegovy sales and FDA violations.
Media Matters Sues to Halt FTC Probe Tied to Elon
Media Matters sues the FTC, claiming a probe into ad boycotts of Elon Musk's X is political retaliation for its critical reporting.
Visa Cleared in Lawsuit Alleging Failure to Warn About Gift
Visa wins lawsuit over Vanilla gift card fraud claims, as judge rules risks were reasonably known to consumers.
Novo Nordisk’s Obesity Drug CagriSema Hits 20% Weight Loss Mark
Novo Nordisk's CagriSema helps patients lose over 20% body weight in late-stage obesity trial.
Toy Makers Blocked From Quick Challenge to Trump’s China Tariffs
The Supreme Court has rejected a request from two toy companies to fast-track their challenge against Trump's China tariffs, delaying a final ruling.
Global Oil Prices Jump Following Surprise US Attack on Iranian
Oil prices surge over 2% after surprise U.S. airstrikes on Iranian nuclear sites spark fears of conflict and supply disruptions in the Middle East.
FedEx Founder Frederick Smith Dies, Leaves Legacy of Innovation
FedEx founder Frederick Smith dies at 80, leaving behind a legacy that transformed global shipping and business logistics.
Tesla Robotaxi Service Launches in Austin With Elon Musk’s Signature
Tesla launches its robotaxi service in Austin with $4.20 rides, marking a major step in Elon Musk's self-driving vision.
Walmart Agrees to $10 Million Payout in FTC Case Tied
Walmart settles FTC lawsuit with a $10 million payout over claims it failed to stop money transfer scams.
Kroger to Close 60 Supermarkets Nationwide in Cost-Saving Move
Kroger will close 60 U.S. stores over 18 months to cut costs and improve customer experience amid declining sales.
FDA Issues Recall for Little Remedies Kids’ Cough Syrup Due
The FDA recalls Little Remedies Honey Cough Syrup due to bacterial contamination that may cause illness in children.
Elon Musk’s X Under EU Scrutiny Following $33 Billion xAI
The EU is investigating Elon Musk's $33B xAI-X deal under the Digital Services Act, possibly leading to major fines.
China’s Massive EV Ship Docks in Brazil as Local Auto
China's largest EV ship docks in Brazil, sparking local calls for higher tariffs to protect domestic auto jobs.
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