23andMe
23andMe Files For Bankruptcy, CEO Steps Down
Genetic testing company 23andMe has filed for Chapter 11 bankruptcy protection, and the company’s CEO Anne Wojcicki has stepped down from her position.
$115 billion
Musk: ‘They Basically Want To Kill Me Because I’m Stopping Their Fraud’
Trump ally and Department of Government Efficiency (DOGE) leader Elon Musk recently stated that his life may be in danger due to exposing the mass amounts of waste, fraud, and abuse in government.
Abril Elfi
Chemical Company Director Charged In Connection With 2022 Flint River Spill
A chemical company director has been charged in connection with the unauthorized discharge of oil that left a miles-long oily mix of chemicals on the Flint River in Michigan.
automobiles
Party City Shutters Doors After 40 Years Of Business
The retail store, known for supplying customers with everything they need to plan the perfect party, will be closing all of its stores after running out of money to stay in operation, according to CNN.
$1 purchase
DirecTV To Buy Dish Network For Only $1, But Will Pay Off Company’s Nearly $9.75B Debt
DirecTV has announced that they will be buying Dish Network for $1, with the U.S. multichannel video programming distributor agreeing to take care of Dish Network’s accumulated debts.
bankruptcy
Kmart Set To Close Last Full-Size Store In The Mainland U.S.
The last full-size Kmart store in the United States is officially closing in New York.
bankruptcy
Bob’s Stores Retail Chain Closing All Locations After 70 Years Of Business
Bob’s Stores, a clothing store chain located in the northeast that has been in business for the past 70 years, will be closing all of its locations in the U.S.’s latest retail casualty.
$700 million
Johnson & Johnson Reaches $700M Talc Settlement Over Baby Powder And Other Products
Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other talc-based products blamed for allegedly causing cancer.
$1 billion
Red Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp Promotion
The Seafood chain Red Lobster, which lost millions over its all-you-can-eat-shrimp promotion last year, has officially filed for bankruptcy after the chain shut down almost 100 locations last week.