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Biden calls on companies to end shrinkflation

in video President Joe Biden raised eyebrows when he described shrinkflation as a “rip-off” in a post on Sunday and called on companies to end the practice of shrinking product sizes while keeping prices the same. But the post, which included the video, posted to the @POTUS “The lack of self-awareness here is truly astonishing!” […]

Credit card companies will track gun store purchases in California using new merchant code

Several major credit card companies have decided to move forward with plans to track purchases made at gun stores in California. CBS News It was reported on Monday. American Express, Visa and Mastercard are introducing new merchant codes for firearms and ammunition retailers to help banks track “suspicious” purchases in compliance with a new California […]

Biden calls on snack companies to stop ‘shrinkflation,’ calling it ‘a rip-off’

President Joe Biden on Sunday called on snack companies to end shrinkflation, where companies shrink product sizes while holding prices the same, describing the practice as a “rip-off.” In a video posted to X (formerly Twitter) ahead of Super Bowl IV, Biden said, “Some companies are trying to act quickly by shrinking their products little […]

Adopting fast growing new tech could help companies transition shorter work week

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Yemeni Telecom Companies Warn Houthis May Cut Undersea Cables

In December, Yemen’s Iranian-backed Houthi terrorist group wrote a threatening post on the messaging platform Telegram suggesting it may try to cut the undersea cables that carry internet traffic from around the world. Telecommunications companies affiliated with Yemen’s legitimate government said on Monday that the Houthis have no such interference, as global companies foolishly do […]

AI companies lose $190 billion in market cap after Alphabet and Microsoft report

AI companies lost $190 billion in stock market value late Tuesday after quarterly results from Microsoft, Alphabet and Advanced Micro Devices failed to impress investors who sent their shares soaring. . The tech giant’s reported selloff after the bell comes after hopes of embedding technology throughout the company pushed its stock to record highs following […]