People have long called shoplifting a victimless crime. Who gets hurt beyond the big-box retailer? As organized retail crime becomes more prevalent, violent and bolder, claims of it being harmless go out the window. Along with retailers losing tens of billions of dollars a year to organized retail theft, employees have been attacked during “smash…

A year has passed since Elon Musk assumed leadership at what is now known as “X,” formerly Twitter. With ambitious plans for a free speech platform turned super app, Musk’s tenure has been nothing short of eventful. Since Musk’s takeover, X has faced its share of challenges. Third-party data from Apptopia suggests a significant drop…

When people think about organized crime, names like Al Capone, Frank Costello and Joe Colombo come to mind. However, brazen mobs plundering stores is the organized crime that is plaguing retailers nationwide. Organized retail crime is not your average shoplifting transgression. While shoplifting usually refers to small-scale theft for personal gain, organized retail crime involves…

Rite Aid filed for bankruptcy on Sunday. Oct. 15, as it faces billions of dollars in debt and thousands of federal, state, and local lawsuits related to the opioid crisis. Once the biggest drugstore chain in the U.S., Rite Aid has struggled to compete with the now larger competitors like CVS and Walgreens. Ahead of…

President Biden sits down for an interview with “60 Minutes,” discussing America’s role in the war between Israel and Hamas and the future of Gaza. And Rite Aid files for bankruptcy amid lawsuits over the opioid crisis – these stories and more highlight The Morning Rundown for Monday, Oct. 16, 2023. Biden interviewed on America’s role in…

FTX founder Sam Bankman-Fried’s fraud trial is in full swing. The beleaguered crypto evangelist faces up to 110 years in prison if convicted. The details of one of the biggest fraud cases since the turn of the century will come out during this six-week trial. Here are the five biggest revelations so far in this…

Former President Donald Trump attends the opening of his civil fraud trial in New York. And an alert about an important message headed to your cell phone. These stories and more highlight The Morning Rundown for Oct. 3, 2023. Trump attends civil fraud trial in New York “This is the continuation of the single greatest witch hunt of…

The Archdiocese of Baltimore announced Friday it filed for Chapter 11 bankruptcy reorganization days before a new state law goes into effect removing the statute of limitations on child sex abuse charges and allowing victims to sue their abusers decades after the fact.

Friday, Sept. 29, marks the end of Netflix’s DVD-by-mail service after 25 years and the delivery of more than 5 billion disks. At its peak, customers were inundating the United States Postal Service by returning more than 1.6 million disks daily. It’s the end of an era; let’s take a trip down memory lane with…

Electric vehicles are poised to be a major driver of political discourse leading up to the 2024 presidential election. President Joe Biden has made EV production a centerpiece of his administration’s platform ahead of his reelection campaign, but the carbon-combating initiative puts him at odds with an important part of his voting base. One prominent…