latest news in companies
McDonald's Faces Lawsuit Over Allegations of Using Artificial Intelligence to Inflate Fast-Food Prices
Chicago, Thursday, 8 October 2026.
A new class-action lawsuit alleges McDonald’s used artificial intelligence pricing tools to coordinate menu prices across franchises, raising major antitrust concerns regarding algorithmic price-fixing in the fast-food industry.
Key Corporate Earnings Reports to Watch as Companies Prepare Third-Quarter Disclosures
Houston, Wednesday, 7 October 2026.
Major firms across energy, aerospace, and banking are set to report third-quarter financial results in late October and early November 2026, offering crucial insights into key economic sectors.
Hershey Updates Reese's Packaging After Deceptive Marketing Lawsuit
Hershey, Wednesday, 7 October 2026.
Following the dismissal of a $5 million deceptive marketing lawsuit, Hershey updated its Reese’s Peanut Butter Pumpkins wrapper to explicitly state that the product lacks carved jack-o’-lantern details.
Unsealed Exxon Documents Show Scientists Disagreed With Public Climate Promises
Boston, Wednesday, 7 October 2026.
Newly unsealed court filings reveal ExxonMobil scientists privately called the company’s public green energy targets “completely impossible to achieve,” directly contradicting advertising campaigns designed to influence public perception.
Microsoft Launches Local Processing to Run Artificial Intelligence On Devices Without Cloud Dependency
Redmond, Wednesday, 7 October 2026.
On October 7, 2026, Microsoft introduced local artificial intelligence models for Windows PCs, enabling complex systems to run directly on hardware with zero reliance on cloud infrastructure.