Visa and Mastercard Reach $30 Billion Settlement Over Transaction Fees
Visa and Mastercard have reached a $30 billion settlement over transaction fees in the United States, marking a significant development in the long-standing dispute between the credit card companies and vendors. The resolution is anticipated to have a far-reaching impact on the payment industry, potentially leading to changes in fee structures and altering the dynamics of the credit card market. This settlement is seen as a significant win for merchants, bringing relief to businesses grappling with high transaction costs.
FDA Approves Groundbreaking Drug for Rare Condition PAH
The FDA has approved a groundbreaking new drug for pulmonary arterial hypertension (PAH), offering hope to patients like Katrina Barry. The drug, Winrevair, developed by Merck, targets a growth factor overproduced in individuals with PAH, potentially altering the underlying biology of the disease. This represents a significant milestone in the treatment of PAH, offering new hope to patients and potentially transforming the outlook for those affected by this devastating condition.
GameStop (GME) Stock Prepares for Q4 2023 Earnings Report
GameStop (GME) stock is set to release its Q4 2023 earnings report on March 26, with Wall Street anticipating improved profitability. Despite recent challenges, GME stock is up 6.3% as investors await the outcome of the earnings report.
False Claims Circulating About Aldi’s Bacon Being Lab-Grown
Social media users are circulating false claims about Aldi’s store brand bacon, confusing it with a cellular agriculture company that has a similar name. But Aldi’s store brand is called Appleton Farms, not Appleton Meats, and its bacon is not grown in a lab. Aldi confirmed to the AP that it has no affiliation with Appleton Meats, a Canadian company founded in 2017, which is conducting initial research on how to best grow meat from cells.
Pirates of the Caribbean Franchise Confirmed for Reboot
Producer Jerry Bruckheimer has officially confirmed the reboot of the Pirates of the Caribbean franchise with the upcoming sixth movie. The prospect of a fresh take on the beloved series has generated significant buzz across the entertainment industry, sparking excitement and speculation among fans.
Korn to Rock San Antonio on 25-Stop Tour
Korn, the nu-metal legends, are set to rock San Antonio this fall as part of their 25-stop tour. The band will perform at the Frost Bank Center on Oct. 21, with Gojira and Spiritbox also joining the lineup. Tickets for the general public will go on sale at 10 a.m. on Friday, with a presale for Citi cardmembers already underway. The tour, marking 30 years since the debut of their self-titled album, will also visit Houston on Oct. 20.
‘Grand Indian Hotel’: A Luxury Docu-Soap Offering Surprising Insights
Channel 4’s ‘Grand Indian Hotel’ offers surprising insights into the lives of women working in India’s super-rich hospitality industry. The docu-soap showcases the high stakes and relentless pressure faced by hotel staff, while also highlighting the emancipation of Indian women in the workforce. Despite its focus on luxury, the show manages to offer insights into modern India and subtly addresses important social issues, making it a worthwhile watch.
Happy Gilmore 2 in the Works, Reveals Christopher McDonald
Actor Christopher McDonald revealed that a first draft of the script for Happy Gilmore 2 has been written, hinting at the potential for a sequel to the popular film. Sources suggest that the sequel will be produced for Netflix, as Sandler and Happy Madison have a longstanding deal with the streaming platform. With the potential for a sequel on the horizon, fans of Happy Gilmore can look forward to the continuation of the beloved story.
Suki Waterhouse and Robert Pattinson Welcome First Child
Suki Waterhouse and Robert Pattinson have confirmed the arrival of their first child, as the couple was spotted on a family stroll in LA with their newborn. The model, 32, and the Twilight actor, 37, have welcomed their first child together, marking a new chapter in their relationship. Suki looked casually chic in a long black coat, white cap, and shades, exuding happiness and health. The couple’s happiness was evident as they embarked on this new journey as a family of three.
Usher’s Revelations Stir Controversy Amid Diddy’s Home Raids
Usher’s revelations about his experiences at Diddy’s home have caused a stir on social media, especially in light of Diddy’s homes being raided in a sex trafficking investigation. Usher’s claims about the environment at Diddy’s residence have resurfaced, sparking interest and concern. The investigation into Diddy’s properties is ongoing, with assistance from Homeland Security Investigations New York, HSI Los Angeles, HSI Miami, and local law enforcement partners.