ABC and a South Dakota meat producer finally settled in a $1.9 billion lawsuit on Wednesday. The defamation case began in 2012 after ABC aired a segment where BPI's beef product was referred as pink slime, an unsafe product that isn’t nutritious. Sales dropped from 5 million pounds to less than 2 million pounds after the reports, forcing the company to three plants and layoff 700 workers.The terms of the agreement are confidential. The network still stands behind it’s reporting.
Australia's senior Roman Catholic prelate and one of Pope Francis's top advisers has been charged with sexual assault, police in the Australian state of Victoria said Thursday. Cardinal George Pell became the highest-ranking Vatican official in recent years to face criminal charges involving accusations of sexual offenses. Pope Francis has instituted several initiatives to foster greater accountability after abuse scandals involving Catholic leaders had shaken the church around the world. This case will test those initiatives. Pell is the finance chief of the Vatican and has repeatedly denied accusations of sexual assault against him.
To be the most hated man in the US in 2017 is an impressive feat. But "Pharma Bro” Martin Shkreli takes the cake after price gouging medication for AIDs/HIV patients by raising prices from $13.5 to $750 a pill, harassing journalist via Twitter and purchasing the only Wu-Tang Clan's album for $2million before saying he wanted to destroy the album. Oh and don’t forget securities fraud, which he’s on trial for. Except the judge is having a hard time finding 12 jurors for a speedy and fair trial. The judge dismissed 130 jurors who at least strongly disliked Shkreli. I mean, jurors' favorite words were "evil," "snake," and "greed” to describe him.
Google, man. Google’s habit of placing priority on its own services in search results did not make the European Union happy. EU regulators slapped the tech company with a $2.7 billion antitrust fine Tuesday. That’s a record, even if technically, the EU could have charged them $9 billion or 10 percent of its annual sales. Google has 90 days to clean up its act or face additional charges. Google is planning on appealing the fine.
Got money to blow on a money clip?
1. Luxury brands have a tendency to take ridiculousness to another level. Jill Sanders’ paper bag clutch was one of the biggest trends a few years ago. Nordstrom tried to sell a rock for $85 during December 2016. Well, Prada might have taken the cake. Prada is selling a paper clip for $185 at Barney’s New York. Yes, a paper clip. Technically, it’s an Italian-made money clip with Prada embossed on the side.
2. If you want to save $30, you can purchase a Barney’s New York paperclip Money clip. The oversized paperclip isn’t the most efficient way to carry your money and other loose papers. But luxury brands charge a hefty price for staple objects.
3. So, you want a $185 paper clip?
Your Thoughts?Weigh In.
The Hollywood Walk of Fame is making room for a new set of stars. Steve "The Crocodile Hunter" Irwin, Anthony Anderson, Gillian Anderson, Lynda Carter, Simon Cowell, Taraji P. Henson, Eric McCormack, Ryan Murphy, Niecy Nash, Mandy Patinkin, Shonda Rhimes and RuPaul will be representing the television industry. Film stars included Jack Black, Kirsten Dunst, Jeff Goldblum, F. Gary Gray, Mark Hamill, Jennifer Lawrence, Gina Lollobrigida, Minnie Mouse, Nick Nolte and Zoë Saldana. In the musicians and performers category: Mary J. Blige, Richard Branson, Petula Clark, Harry Connick, Jr., Snoop Dogg, Ice T , Carrie Underwood and "Weird" Al Yankovic, Charles Aznavour, Lin-Manuel Miranda, radio host Steve Jones and Bernie Mac.
Amazon has it’s eye on Whole Foods Market, an Austin-based organic grocery store. The e-commerce company made a bid of $13.7 billion, $42 a share, on Friday—which made Whole Foods’ stock rise 28 percent. Whole Foods operates 460 stores which rang up $16 billion in sales in 2016. Sales have dropped at the “whole paycheck” store since organic offerings have increased at other cheaper grocery chains. For Amazon, a purchase of Whole Foods would give it a firm footing in the grocery store sector. Only 7 percent of Americans order groceries online but 52 percent of those who order groceries online use Amazon Prime.