Burger King Sued Over Advertisements Making Whoppers Look Bigger
A judge in a Miami Federal Court has rejected a motion by Burger King to dismiss a lawsuit against the company, which claimed that the fast food giant made its…
Binance Again Imposes Restrictions On Russian Users
On Saturday, several media outlets, citing user complaints, are reporting that Binance, the largest cryptocurrency exchange by trading volume in the world, is now forbidding Russia-based users from trading in…
Rite Aid To File For Bankruptcy
According to a new report in the Wall Street Journal on Friday, Rite Aid Corp (RAD.N) in making preparations to file for bankruptcy in the coming weeks, as the company…
Russia Increases Costs For Companies Exiting Its Market
On Friday, Reuters reported that the costs for companies looking to exit Russia due to sanctions or political pressures are increasing, as Moscow has begun demanding that they increase the…
Western Companies Ignoring Russian Crude Price Cap
On Monday Bloomberg reported that Russian oil is continuing to be shipped via Western-insured tankers in spite of the fact that Urals grade crude is now trading above the $60…
Investor Group Sues Missouri Over Anti-ESG Law
Missouri is being sued by a top US trade group for financial companies, which accuses the state of “overstepping its boundaries” when it passed a rule designed to limit the…
US Cyber-Breach Inquiry To Examine Microsoft’s Role
On Thursday, Bloomberg News reported that a US cybersecurity advisory panel would be investigating the recent breach of US government department email systems by what were believed to be Chinese…
Austria Looks To Enshrine Cash In The Constitution
In an effort to allay the fears of citizens that the right to use paper money and coins might disappear in a shift to a cashless society, Austrian Chancellor Karl…
Moody’s Downgrades Niger, Says Sanctions Will Cause Default
Moody’s is warning that the application of economic sanctions to Niger by its neighbors and its Western partners, after the military coup last week which displaced the nation’s leaders, could…
Fitch Downgrades Fannie Mae And Freddie Mac
On Wednesday, ratings agency Fitch downgraded US mortgage giants Fannie Mae and Freddie Mac Long-Term Issuer Default Ratings, (IDR) and senior unsecured debt ratings to AA+ from AAA following the…
