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business news

Airbnb May Soon Be Legal in San Francisco

Summary: A new law has passed in San Francisco that will allow consumers to offer rental services to guests. Short-term…

Facebook Sues Prestigious Law Firm for Fraud

Summary: Facebook has sued several law firms and attorneys, claiming that they filed a fraudulent lawsuit against it. According to…

IBM to Pay Globalfoundries 1.5 Billion Dollars for Chip

Summary: IBM has reported that it will pay Globalfoundries $1.5 billion as part of a ten-year deal to take over an unprofitable…

Bank of America Profits Plummet in Third Quarter

Summary: After settling a multibillion-dollar lawsuit with state and federal agencies, Bank of America’s profits declined due to lingering effects…

Jimmy John’s Employees Outraged over Non-Competition Clause

Summary: Jimmy John’s, a popular sandwich shop, has added a broad non-competition clause to its employment contract that would severely…

Burger King Manager Assaults Customer for Complaining about Cold Onion Rings

Summary: Robert Deyapp was served cold onion rings at a Burger King restaurant. When he asked for them to be…

Red Bull Gives You Money

Summary: Pending final approval of a settlement, Red Bull will pay consumers $10 in cash or $15 in Red Bull…

Hewlett-Packard Will Split into Two Companies

  Summary: Hewlett-Packard has announced that the company will continue as two entities, HP Inc. and Hewlett-Packard Enterprise. On Monday,…

Burger King Employee Sent Home for Poor Pickle Placement

Summary: A major Burger King franchise has been found to be in violation of several labor laws, including punishing an…

Doctors Earn Billions from Drug Companies

Summary: An analysis shows that U.S. doctors and teaching hospitals made billions in 2013 from pharmaceutical companies and medical device makers.…

Apple May be Forced to Pay Back Millions in Taxes

Summary: The European Commission has launched an investigation into Apple's tax practices in Ireland. Apple currently pays Irish tax rates on…

CVS Accused of Illegally Charging Women for Birth Control

Summary: Due to an error in CVS’ price-coding system, around 11,000 women were charged for birth control that should have…