The Horn News

Proudly American, Fiercely Independent

Hollywood writers’ strike reaches big milestone Wednesday

Fifty days into a strike with no end in sight, about 1,000 Hollywood writers and their supporters marched and rallied in Los Angeles for a new contract with studios that includes payment guarantees and job security. Speakers at the Writers Guild of America’s WGA Strong March and Rally for a… Read More

FTC sues Amazon for enrolling customers into Prime without consent

Amazon was sued Wednesday by Federal Trade Commission for what it called a yearslong effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions. In a complaint filed in the U.S. District Court for the Western District of Washington, the… Read More

Pentagon admits to $6.2 billion accounting error Tuesday

The Pentagon said Tuesday that it overestimated the value of the weapons it has sent to Ukraine by $6.2 billion over the past two years — about double early estimates — resulting in a surplus that will be used for future security packages. Pentagon spokeswoman Sabrina Singh said a detailed… Read More

Wall Street inches higher on Friday

Stocks turned slightly higher in afternoon trading on Wall Street Friday as investors look to extend the market’s longest winning streak in a year. The S&P 500 rose 0.1% after wobbling between small gains and losses earlier in the day. The benchmark index is headed for its sixth consecutive weekly… Read More

Michael Jordan sells his NBA team

Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, the franchise announced Friday, leaving the 30-team NBA without any Black majority ownership. Jordan is selling to a group led by Gabe Plotkin and Rick Schnall, the Hornets said. Plotkin has been a minority stakeholder… Read More

$1.7 billion iRobot deal approved by regulators

British antitrust regulators cleared Amazon’s purchase of robot vacuum maker iRobot on Friday, but the $1.7 billion deal still faces scrutiny in the United States and Europe. The Competition and Markets Authority said it decided not to escalate its initial investigation because it concluded that the deal would not result… Read More

Starbucks pays $25 million for racism against white employee

Jurors in federal court have awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018. Shannon Phillips won $600,000 in compensatory damages and $25 million in… Read More

Conservatives score massive victory over “woke”

After more than two decades as America’s best-selling beer, Bud Light has slipped into second place — a massive victory for conservative consumers that vowed to boycott the brand after it started “woke” advertising. Modelo Especial, a Mexican lager, overtook Bud Light in U.S. retail dollar sales in the month… Read More

Former billionaire can’t afford $250 a month, lawyers say

Federal prosecutors want Elizabeth Holmes to pay $250 each month to victims of her failed blood testing startup after she leaves prison, but her attorneys are pushing back citing “limited financial resources” available to the disgraced founder of Theranos. The U.S. filed a motion last week asking the court to… Read More