CVS to pay $315M after settlement in DOJ lawsuit over controlled prescriptions

CVS Pharmacy will pay $315 million to settle federal allegations that the company illegally filled thousands of opioid prescriptions and then sought reimbursement from Medicare and other government health programs. 

Pickleball facility franchisor files for bankruptcy: What to know

Pickleball facility franchisor The Picklr has filed for Chapter 11 bankruptcy protection as the company seeks to reorganize after what its founder acknowledged was a costly business mistake tied to early lease guarantees.

Audit flags $13.7M in unauthorized spending on Hawaii homeless housing

A detailed state audit shows Hawaii’s housing agency steered almost $14 million in improper and questionable expenses to a preferred contractor.

PepsiCo raising prices on Doritos, Ruffles, SunChips and some sodas after recent cuts

PepsiCo is raising prices on some of its popular chips and sodas, including Doritos, Ruffles and SunChips, just months after cutting prices in an effort to win back inflation-weary shoppers.

Guinness brewery that welcomed 2 million visitors closing its doors for good

The Guinness Open Gate Brewery in Halethorpe, Maryland, just outside Baltimore, will soon close, leaving the iconic Irish beer brand's Chicago brewery as its only U.S. location.

AI firm AMAX agrees to $2.48 million settlement over ineligible PPP loan

Federal prosecutors announced that an artificial intelligence data center engineering firm has agreed to pay $2.48 million to resolve allegations that it improperly received a second-draw PPP loan. 

Texas home, auto insurance rates trending down, state officials say

Insurance rates appear to be dropping for many Texans, according to the latest data from the Texas Department of Insurance. 

Pool supplies retailer files for bankruptcy, to close 76 stores

Pool and spa service provider Leslie's Inc. announced this week that it entered into a restructuring agreement with a group of its existing lenders and will close some stores while continuing to operate as it restructures through bankruptcy.

Chick-fil-A takes a stand against fast-food drive-thru AI trend

Chick-fil-A is turning down artificial intelligence in its drive-thru lanes, choosing human employee interaction over automated order takers as competitors embrace voice technology.

Nike cutting more jobs as turnaround struggles continue

Nike is slashing cut jobs as part of a sweeping corporate restructuring initiative to reignite financial growth and streamlining its business model.

US, China agree on $60 billion in tariff cuts on goods

The United States and China have detailed a targeted tariff relief plan covering billions in non-sensitive goods, slashing taxes on products ranging from U.S. farm commodities and medical devices to Chinese consumer items.