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Byron Allen loses $100M fraud lawsuit against McDonald’s over ad spending

McDonald’s has lost a $100 million lawsuit by Byron Allen, who accused the fast-food giant of lying when it promised to increase national advertising spending on Black-owned restaurants. A Los Angeles Superior Court judge on Sunday dismissed a lawsuit brought by media executive Allen Media. Allen’s case hinged on the specific interpretation of claims McDonald’s […]

Viral CNN clip puts spotlight on NYC migrant gangs spending money in other states

Former NYPD Commissioner Paul Mauro has responded to a viral video revealing that immigrant gangs often operate in New York City and then squander funds in other states. CNN anchors paused for a moment Friday after learning that some immigrant gangs were involved in criminal activities. new york cityto not face the threat of imprisonment, […]

Live Nation doubled lobbying spending to $2.4M in 2023 amid antitrust threat

Live Nation Entertainment will reduce its federal lobbying spending from $1.1 million in 2022 to $2.4 million in 2023 as it navigates legislative and regulatory efforts to fragment its power in the live entertainment and ticketing industry. It more than doubled to $1 million. The lobbying onslaught comes on the heels of Ticketmaster’s infamous Taylor […]

House Republicans poised to add controversial riders to annual spending bills

As the fight over government funding rages on Capitol Hill, House Republicans are focused on securing partisan policy changes that Democrats have criticized as bungling. Both chambers are ramping up talks on 12 annual government funding bills after top negotiators reached a bipartisan agreement on how to distribute dollars for year-round spending measures. But Republicans […]

Sol Wisenberg Explains Why Biden DOJ’s Probe Into Dem Rep’s ‘Astronomical’ Security Spending Is ‘Significant’

Former independent deputy prosecutor Sol Wisenberg said Tuesday that the Justice Department’s investigation into Democratic Sen. Cori Bush’s security spending is “serious” and that he typically criticizes conservatives and Republicans for “very political ”. The Justice Department has reportedly opened a criminal investigation into Bush’s security spending, including thousands of dollars to her husband. Bush […]

GM to cut spending on robotaxi unit Cruise in half

CyberGuy’s Kurt Knutsson joins “The Big Money Show” to discuss San Francisco’s new law allowing self-driving car tickets. general motors The company announced Tuesday that it will cut spending on its robotaxis division Cruise by half, or about $1 billion, in 2024. The company is looking to refocus the division after a pedestrian accident temporarily […]