FTX ordered to pay $12.7M to customers, fraud victims
Now-defunct cryptocurrency exchange FTX and its sister company Alameda Research Ordered to pay $12.7 million The Commodity Futures Trading Commission (CFTC) announced the measures on Thursday to customers and victims of fraud. FTX will pay $8.7 million in damages and an additional $4 million to compensate victims of a “massive fraud scheme” orchestrated by Sam […]
Burger King sales slump as customers pull back on fast food spending amid inflation
Burger King Inc.’s sales fell last quarter despite touting discounts on its menu as inflation-weary customers continued to avoid eating out, parent company Restaurant Brands Inc. said Thursday. The Toronto-based conglomerate, which also owns brands such as Tim Hortons, Papa John’s and Popeyes, said same-store sales at the Whopper maker fell 0.1 per cent and […]
FTX ordered to pay $12.7B to customers after SBF’s massive fraud
A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to customers, the Commodity Futures Trading Commission announced in a statement on Thursday. In March, FTX founder Sam Bankman Freed was sentenced to 25 years in prison for stealing $8 billion from clients. “The order requires FTX to pay $8.7 […]
White Castle wooing financially-strapped customers with eye-popping menu prices
White Castle has slashed the price of its famous sliders to the lowest price in more than a decade, becoming the latest fast-food chain to offer discounts to attract financially strapped customers. The family-owned chain, which has 335 locations, including 30 in New York, is offering a promotion offering 10 cheese sliders for $7.99 — […]
Denny’s $18 breakfast platter — up from $5.99 — gives customers sticker shock: ‘unreal!’
Check, please! Denny’s fans are furious after the restaurant’s popular “slam” breakfast plate has tripled in price in recent years. The chain that brought “Moons Over My Hammy” to the world is the latest fast-food restaurant to embrace the trend of brands saddled with inflation and rising labour costs due to new minimum wage laws […]
Costco customers return 5-year-old mattress to wholesaler: ‘Desperate times’
A couple recently tested the limits of Costco’s return policy, returning a mattress they purchased five years ago, claiming it was “uncomfortable.” The couple documented their return on TikTok, but initially weren’t sure Costco would let them return the items. “In desperate times, you have to resort to desperate measures,” his wife, who posts videos […]
Sales Slump as Customers Stay Home
McDonald’s is taking a hit, but it’s not because of its fryers: The burger giant had a tough quarter with sales sagging as budget-conscious customers in the U.S., China and other countries opted for cheaper food or stopped going to McDonald’s. McDonald’s same-store sales fell 1% globally from April to June, its first decline since […]
Can’t Find a Doctor? California Bill Would Punish Insurers for Giving Customers Outdated Info – Lost Coast Outpost
The California Medical Association, which represents California’s doctors, opposes a bill that would fine insurance companies for having inaccurate provider networks that lead to confusion in doctor referrals. Photo by Anne Wernikoff for CalMatters. For many years, licensed therapist Sarah Soroken has received feedback from her patients: mental health Healthcare providers who actually […]
Tenn. clerk caught stealing customer’s $1M lottery ticket
A gas station attendant in Tennessee was allegedly caught on surveillance camera stealing a customer’s $1 million lottery ticket after telling the winner that it was a losing ticket. According to the Rutherford County Sheriff’s Office, the unidentified winner purchased two $20 diamond and gold scratch cards from 23-year-old employee Meet Patel at a Shell […]
Massive computer outage affecting banks such as JPMorgan Chase, Bank of America and Wells Fargo customers – VIBUS News
US banks are currently working hard to recover from a major computer outage that has caused widespread disruption to financial transactions around the world. Large bank customers JPMorgan Chase, Bank of Americaand Wells Fargo We are experiencing large-scale, sustained outages. These issues have been confirmed by network tracking services. Down Detector. Blue screen on all […]