>>Fraud Trial Of Former FTX Boss Bankman-Fried Begins Today
(New York, NY) -- Jury selection in the fraud trial of the former crypto-king is set to start today in a Manhattan federal court. FTX co-founder and one-time crypto billionaire Sam Bankman-Fried faces multiple charges of money laundering and fraud. Prosecutors say Bankman-Fried defrauded customers of his digital currency exchange, FTX, and his cryptocurrency hedge fund. If found guilty, the 31-year-old faces over 100 years in federal prison.
>>Report: UAW Strike Has Cost U.S Economy Nearly $4B
(East Lansing, MI) -- The ongoing United Auto Workers strike has cost the U.S economy nearly four-billion dollars. That's according to a study from the Anderson Economic Group, a Michigan-based research firm. It cites lost wages for workers and more than a billion dollars in manufacturing declines at GM, Ford and Stellantis. The report also accounts for additional costs to suppliers, dealers and consumers. Thousands of workers are striking against the Big Three U.S automakers, demanding better pay and added benefits. Last week, UAW President Shawn Fain announced an expansion of the union's strike.
>>Tens Of Thousands Of Healthcare Workers Poised To Strike
(San Diego, CA) -- Thousands of healthcare workers are poised to strike on Wednesday if negotiations don't improve with Kaiser Permanente. The workers say they're protesting unfair labor practices and unsafe staffing levels. This could be the largest healthcare worker strike in U.S. history. It will span hundreds of hospitals and facilities across the nation, and affect 75-thousand healthcare workers across the county.
>>TikTok Testing Ad-Free Version
(Los Angeles, CA) -- TikTok could soon release an ad-free version of the app, but it'll cost you. Android Authority reports the platform is currently testing it out. If all goes well users would pay four-99 a month for the version, although that's subject to change. At the moment, no official announcement has been made by TikTok.
>>Judge Rules In Favor Of McDonald's, Wendy's In Burger Size Lawsuit
(New York, NY) -- A U.S. District judge has ruled in McDonald's and Wendy's favor in a lawsuit over burger size. A New York man had sued the two fast food chains, saying ads showed undercooked beef patties that made the burgers look bigger than what's sold in their restaurants. He also claimed the ads showed more toppings than what Wendy's and McDonald's actually used on the burgers they sold. The judge found no proof the burgers were smaller than advertised and also said no proof was found the man had seen ads for the Wendy's Bourbon Bacon Cheeseburger or McDonald's Big Mac that he bought. Burger King and Taco Bell are currently facing similar lawsuits.
