A group Twitter vendors have filed a class action lawsuit against the company for unpaid bills ranging from $40,000 to $140,000. The group includes consulting, public relations and captioning service firms. In the lawsuit filed in California, the companies referred to themselves as “small businesses without the resources, time, and money to litigate these claims on their own.” CEO Elon Musk notably has slashed costs across the company in an effort to get the social media platform on firmer financial footing.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.