Articles by Madelaine Panganiban


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P&G to Trim 7,000 Jobs While Reshaping Business Strategy for
Procter & Gamble plans to cut 7,000 non-manufacturing jobs to streamline operations and adapt to global market challenges.
EU Urges China to Lift Rare Earth Export Controls Amid
The EU urges China to lift rare earth export controls, warning of major disruptions to European industries.
Hooters Restaurant Closures Hit Seven States Amid Financial Trouble
Hooters closes over 30 restaurants in seven states amid bankruptcy and financial challenges.
Bill Gates Commits Majority of Wealth to Africa Over Next
Bill Gates pledges majority of his $200 billion fortune to improve health and education in Africa over the next 20 years.
Disney Sued After Man Claims Severe Injuries on Blizzard Beach
Florida man sues Disney for $50,000 after suffering serious injuries on Blizzard Beach water slide.
CVS Shuttering 5 Pharmacies in NY as Part of Nationwide
CVS is closing five pharmacy locations in New York as part of a nationwide plan to shut down 271 stores in 2025.
Raising Cane’s Continues Expansion with 6 New Spots Opening This
Raising Cane's is opening six new locations in June 2025 across six states as part of its continued national expansion.
Disney Slashes TV and Film Roles While Launching New ESPN
Disney cuts hundreds of TV and film jobs while preparing to launch a new ESPN streaming service.
Passengers Fume as Newark Airport Delays Drag On, Flights Slashed
Newark Airport reopens main runway early after $121M repairs, aiming to reduce delays and improve summer travel.
FDA Greenlights Moderna’s Next-Gen COVID-19 Vaccine for Seniors, High-Risk Patients
FDA approves Moderna's new lower-dose COVID-19 vaccine for seniors and high-risk patients as an additional protection option.
British Airways Flight Attendant Goes Missing, Found Naked in Business
British Airways flight attendant was found naked and dancing in a business class bathroom mid-flight and has since been suspended.
South Korea Export Slump Signals Global Trade Pain From US
South Korea's exports fall amid U.S. tariff hikes, highlighting global trade tensions and economic risks.
Trump’s 50% Tariff Plan Sparks Backlash From Canada, Boosts Steel
Trump's new 50% steel tariff sparks backlash from allies and boosts US steel stocks.
Google May Avoid Harsh Penalties as Judge Eyes Softer Antitrust
Judge Mehta considers softer antitrust remedies for Google's search dominance amid AI industry changes.
Skechers Sued for Allegedly Favoring Founder in $9.4 Billion Buyout
Skechers faces a lawsuit over a $9.4B buyout, with claims the founder favored one bidder.
Paramount Investigated for Alleged Bribery Tied to Trump Campaign Settlement
California lawmakers are investigating Paramount over a $15M offer to Trump's campaign, raising concerns of bribery and unfair competition.
Aldi Faces Lawsuit Over Alleged Packaging Rip-Off of Oreo, Wheat
Mondelez sues Aldi, claiming the store copied Oreo and Wheat Thins packaging to mislead shoppers.
China Pushes Back on Trump’s Claim It Violated US Tariff
China denies Trump's claim it broke a US tariff deal, urging the US to end trade restrictions.
Mars Phases Out Titanium Dioxide in Skittles Amid Health Concerns
Mars removes titanium dioxide from U.S. Skittles amid growing health concerns and regulatory pressure.
Moderna Loses $700M US Contract for Bird Flu Vaccine Development
Moderna loses $700 million U.S. contract to develop bird flu vaccine after government review ends funding.
Trump Administration Targets China With New US Tech Export Restrictions
Trump administration blocks US chip-design software exports to China to limit tech advancement amid trade tensions.
Massive Ford Recall: Rear Camera Issue Affects Over 1 Million
Ford recalls over 1 million vehicles due to a rearview camera glitch that may increase crash risk, offering free software updates.
GameStop Buys $500 Million in Bitcoin in First Major Crypto
GameStop invests over $500 million in bitcoin, marking its first major move into cryptocurrency.
US Steel Shares Drop as Trump Announces Nippon Steel Investment
The US will keep veto power in Nippon Steel's $14.9B deal to buy US Steel, ensuring key decisions remain under American control.
Salesforce, Informatica Stocks and Shares Decreased Amidst Acquisition Rumors
Following the official announcement of the agreement, Informatica's stock saw a 5.7% increase.
China's BYD Plans to Construct $1 Billion EV Factory in Turkey
Brazil sues BYD over alleged slave-like labor and trafficking of 220 Chinese workers at a factory site.
US Delays Massive EU Tariff as Trump Opens Door to
Trump delays 50% EU tariffs to July 9 as U.S.-EU trade talks show progress.
Harvard Takes Legal Action Against Trump for Halting $3.2 Billion
Harvard sues Trump administration over international student ban, citing constitutional violations and major impacts on its student body.
CHINA-ECONOMY-FASHION-SHEIN
The EU warns Shein over alleged consumer law violations, giving the retailer one month to respond or face possible fines.
Volvo Shifts Production of Chinese-Made EVs to Belgium Amid EU Crackdown Concerns
Volvo cuts 3,000 jobs to save $2 billion amid industry challenges and global trade tensions.
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