Media tycoon Antony Catalano is facing assault charges as his business empire faces internal turmoil, significant financial losses, and widespread leadership instability.
CBS News is shutting down its historic radio news operation on May 22, affecting 700 stations. The closure is part of a 6 percent total workforce reduction as the network undergoes a significant strategic pivot.
Home retailer Dusk is seeing demand for its wireless, IP54-rated LED table lamp, which is currently retailing for £17 and tapping into the growing 'hotel at home' lighting trend.
The Works is shuttering its loss-making online division to focus on its 500-store physical footprint. The move, aimed at long-term profitability, saw company shares surge nearly 14% on Friday.
Rising interest rates and geopolitical uncertainty are forcing homebuyers to consider the controversial tactic of 'gazundering' to account for strained affordability. Experts warn that current market volatility requires a rigorous reassessment of budgets to avoid unsustainable financial commitments.
JD Wetherspoon reports an 80% spike in energy costs and a 61.1% increase in wage bills, yet commits to opening 35 new pubs. The firm faces pressure from 'stealth taxes' as it navigates a cooling consumer market.
Netflix leadership has moved to squash rumors of a falling out with the Duke and Duchess of Sussex, reaffirming that the couple's multi-year creative partnership remains active.
A new industry report warns of a "double whammy" for Easter shoppers, as chocolate prices surge by nearly 10% amid widespread product shrinkflation.
Raising Cane’s has officially opened its 1,000th location with a high-profile, two-story flagship on Hollywood Boulevard, fueling an aggressive global and domestic expansion plan.
A high-ranking Supermicro executive and two associates are facing federal charges for allegedly smuggling $510 million worth of advanced Nvidia AI chips into China. The scheme involved using front companies and forged documentation to bypass critical U.S. export controls.
Australian law enforcement has dismantled a major car theft syndicate using high-tech methods to export vehicles. Simultaneously, Nissan faces scrutiny over a new suspension program that mandates the mass disposal of near-new shock absorbers.
The FCC has approved Nexstar's $6.2 billion acquisition of Tegna, waving ownership caps to create the largest local TV station operator. The deal is already facing lawsuits from an eight-state coalition and providers like DirecTV.
