News and trends
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Legal ![Geoff Weiss]()
FTC Takes No Action Against Yelp Following Year-Long Investigation Into Review System
Despite outcry from small-business owners, this marks the second inquiry by the FTC that has resulted in no further action, according to Yelp.
Retail ![John Kell]()
Wet Seal Just Made Two-Thirds of Its Stores Disappear
The teen retailer's struggle with declining sales is another reminder to mall-loving millennials that their childhood is over.
Bitstamp
Bitstamp Expected to Resume Trading Within Hours
The Bitcoin exchange, which shut down following a security breach, says it will begin trading the virtual currency again within the next day or so.
American Apparel
American Apparel Tries On Something New: Ethics.
After firing its scandal-mired chairman, the company has updated its code of ethics to include rules about workplace relationships.
lawsuits
Monster Sues Apple's Beats Over Alleged Fraud
Audio-equipment maker Monster, which helped create Beats by Dre headphones, says it was unfairly cut out before Beats was sold to Apple last year.
McDonalds
McDonald's Japan Apologizes After Tooth Found in Food
After declining sales, a french-fry shortage and this latest scandal, executives probably miss the days when their biggest concern was the Hamburglar.
Retail Businesses ![Laura Entis]()
C. Wonder, the Preppy Fashion Chain Founded by Tory Burch's Ex, Is Officially Closing Up Shop
After a brief but dramatic run, the company has shuttered the last of its stores.
Mergers and Acquisitions
Verizon CEO: No 'Significant' Talks to Buy AOL
Verizon CEO Lowell McAdam said reports that the company has held concrete talks to acquire AOL are 'not accurate.'
Taco Bell ![Kim Lachance Shandrow]()
Taco Bell Pleads: 'America Wants a Taco Emoji. America Needs a Taco Emoji.'
The popular Tex-Mex chain is petitioning for a taco emoji on Change.org.
Patents ![Jaia Thomas]()
Lower Trademark Filing Fees Coming Soon
The U.S. Patent and Trademark Office will be charging lower filing fees starting in the middle of January.
McDonalds ![Tom Huddleston, Jr.]()
McDonald's Hopes New Ads Will Have Customers Feeling the Love
The struggling fast-food titan has created a new ad campaign and revamped its menu to halt sliding sales.
Chobani
Report: Chobani Is Considering Replacing Its CEO
After a product recall and some large profit losses, the Greek yogurt company is reportedly mulling a management shakeup.
Vacations ![Laura Entis]()
Why You Should Make Vacation Time a Priority This Year
Regularly taking time off to spend with friends and family vastly improves well-being across all income levels, according to a new Gallup survey.