Author: Georgia McKoy

In a sudden turn of events, Fosters Freeze in Lemoore, California, announced its closure, leaving employees in disbelief.  Monica Navarro, the former assistant general manager, shared her shock with “The Bottom Line,” saying, “It’s a shock.”  The Wage Increase Fallout Source: Fosters Freeze/Facebook The ripple effect of California’s ambitious minimum wage hike has begun, with small businesses like Fosters Freeze feeling the brunt.  Owner Loren Wright, in a conversation with KMPH, revealed that shutting down was the “last thing” they wanted but saw no alternative due to the financial pressures of the new wage law. A Morning of Surprises Source:…

Acorda Therapeutics, a biotech firm celebrated for pioneering treatments in the fight against Parkinson’s and Multiple Sclerosis, has hit a rough patch.  On April 1, they filed for Chapter 11 bankruptcy with plans to liquidate following a pending sale. This move shines a light on a broader issue: the healthcare sector’s growing financial instability over the past few years. Escalating Bankruptcy Filings in Healthcare Source: Melinda Gimpel/Unsplash According to a report by Gibbins Advisors, bankruptcy filings in the healthcare arena have jumped significantly, from 25 in 2021 to 46 in 2022, and skyrocketed to 79 in 2023—the highest in half…

Taylor James Johnatakis, a man from Washington state, used a megaphone to direct a mob attacking police officers at the US Capitol.  He has been sentenced to over seven years in prison for his role in the events.  Captured on Video Source: slem63/X,acnewsitics/X US District Judge Royce Lamberth mentioned that videos showed Johnatakis in a leadership position during the January 6 riot.  The footage captured him actively directing other rioters and playing a significant part in the violence against police lines, showcasing his involvement beyond just participation. A Leader Among Rioters Source: ryanjreilly/X The judge stated, “In any angry mob,…

According to data obtained by The Post from the NYPD, New York City has experienced a significant rise in serious crime, reaching levels not seen in nearly two decades.  Despite Mayor Eric Adams’ assertions that “crime is down” in the city, the numbers reflect a different reality. This increase in crime rates has occurred for the second consecutive year under Mayor Adams’ administration, indicating a trend that contradicts the mayor’s public statements. Assaults Reach Historical High Source: Hardik Pandya/Unsplash The surge in crime has been particularly pronounced in the category of assaults, which neared 28,000 incidents for the first time…

Over the last decade, McDonald’s has significantly increased its menu prices, surpassing the rate of US inflation by more than three times.  This information comes from a research report that highlights the notable rise in costs for consumers seeking fast food options. Customers have expressed their dissatisfaction with the high prices, including an $18 Big Mac meal in Connecticut, showcasing a dramatic shift from previous pricing standards. The Surging Cost of a Classic Meal Source: sammyjovin/X A standout example of the price surge is the Quarter Pounder with Cheese meal, which now costs $11.99, a steep increase from the $5.39…

Donald Trump has filed a lawsuit against Andy Litinsky and Wes Moss, co-founders of Trump Media and Technology Group (TMTG), the parent entity of Truth Social.  He alleges that the co-founders improperly set up the company, leading to his legal action aimed at removing their stock in the venture.  TMTG Faces Volatile Market Debut Source: Wikimedia Commons The public debut of TMTG on the Nasdaq exchange was marked by initial success, with shares trading at a high of $78, only to experience a sharp decline shortly after. This volatility highlighted concerns around the company’s stability and raised questions about its…

Governor Ron DeSantis has taken a significant action by issuing an executive order to suspend Orlando City Commissioner Regina Hill. This decision comes shortly after Hill was indicted for allegedly misappropriating a substantial amount of money from a 96-year-old woman, using it for personal expenses including surgeries and hotel stays.  The governor’s office stated, “Today, Governor Ron DeSantis issued Executive Order 24-63, suspending City Commissioner for the City of Orlando, Regina Hill.” Facing Multiple Felony Charges Source: City of Orlando Regina Hill is currently facing seven felony charges as a result of her alleged actions.  These charges include three counts…

In response to California’s new $20 minimum wage for fast-food workers, a McDonald’s franchisee expressed concerns about increasing menu prices without exceeding what customers are willing to pay. “We have looked at price, although I can’t charge $20 for a Happy Meal,” Scott Rodrick, the owner of 18 McDonald’s restaurants in Northern California, told CNN. “My customers’ appetite to absorb menu-board prices is not unlimited.” California Sets a New Precedent with $20 Minimum Wage Source: Brett Jordan/Unsplash California introduced a $20 minimum wage for fast-food workers, significantly higher than the general state minimum wage.  This new legislation, known as AB…

A substantial data breach at AT&T has compromised the personal information of tens of millions of its customers.  This incident, disclosed by the telecommunications giant on March 30, involves sensitive details such as Social Security numbers, email addresses, phone numbers, and birth dates found on the dark web. The breach affects approximately 7.6 million current account holders and 65.4 million former account holders, marking a significant concern for data privacy and security. Scope of the Data Leak Source: Wikimedia Commons The extent of the data leak is vast, impacting both current and former AT&T customers. According to the company’s statement,…

The Biden administration has recently emphasized the need for local governments to take decisive action against the issue of squatters living in properties without ownership or permission.  This call to action comes amid a surge of cases across the nation where property owners are battling legal headaches caused by these unauthorized occupants. The Growing Debate Over Squatters’ Rights Source: RPOAKentCounty/X Across the United States, the issue of squatters’ rights has ignited significant debate. Homeowner in some states are running into roadblocks when trying to remove individuals who occupy their properties without permission.  The Squatter Conundrum in Queens Source: James/Unsplash…