The Tesla Shock Nobody Sees Coming

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Home Depot Agrees To $2M Settlement In Customer Overcharging Lawsuit

Benzinga Neuro
September 18, 2024

Home Depot (NYSE:HD) has agreed to a settlement of almost $2 million to resolve allegations that it overcharged customers at checkout.

What Happened: The lawsuit, filed by prosecutors from six California counties, accused the retailer of “scanner violations,” where the prices at checkout were higher than the advertised prices. The case was brought to the San Diego County Superior Court, reported NBC News.

In a statement, Home Depot said it has updated the timing of its price changes to ensure consistency for customers. The settlement, which does not admit any wrongdoing, was approved by Judge Richard Whitney and filed on Aug. 26.

Los Angeles County District Attorney George Gascón stated that the price discrepancies were not accidental and accused the company of deceptive practices. The settlement includes $1.7 million for consumer law enforcement across several counties and additional funds for consumer regulators and watchdogs.

Under the agreement, Home Depot must always use the lowest posted prices, hire an internal price watchdog, assign price accuracy checks to store managers and make price accuracy records available to prosecutors.

See Also: Starbucks North America CEO Michael Conway Quits After Just 6 Months In The Position

Why It Matters: This settlement comes at a time when Home Depot is already grappling with various challenges. Recently, the company’s CEO Ted Decker highlighted that inflation is eroding disposable income, causing many homeowners to delay renovations and repairs. This economic strain has been reflected in the company’s financial performance.

In its latest earnings report, Home Depot posted a modest sales growth of 0.6% year-over-year, falling short of Wall Street expectations. Analysts have since lowered their price forecasts for the company, citing a weaker consumer outlook.

Moreover, the retail giant has been trying to boost sales by introducing holiday merchandise earlier than usual, aiming to counteract potential slowdowns in consumer spending due to economic uncertainties and the upcoming presidential election.

Read Next:

  • Michaël Van De Poppe Predicts Massive Bitcoin Surge, Says Price May Soar By 890%

Image Via Shutterstock

This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote

Continue Reading...

Popular

How To Build a Home in Nearly 4 Hours - Ad

The U.S. is short 2.3M homes, making affordable, efficient housing critical. BOXABL brought assembly lines to construction, building homes in hours, not months. With 700+ built and one of America's largest homebuilders as an investor and partner, they're growing fast.

Embed-Chart-China-Critical Minerals, ADVISORY

CHINA-CRITICAL MINERALS — Chart. This AP digital embed chart shows the share of several critical minerals dominated by China in global supply chains. China has spent decades building the world’s main industrial chain for mining and processing such materials, which are used in many industries such as electronics, advanced manufacturing, defense and health care. This chart is current as of June 10, 2025, and will not update. Source: IEA.

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

ABC's Terry Moran is suspended following his social media post calling Trump and Miller haters

NEW YORK (AP) — ABC News has suspended correspondent Terry Moran for calling Trump administration deputy chief of staff a “world class hater” in a since-deleted social media post.

Elon Musk Flexes SpaceX Advantage In Feud With Trump: 'We Have Got The Spaceships And They Do Not' — Gets Support From This Republican

Elon Musk's comments on forming a new political party amid his feud with President Trump have sparked a response from Rep. Thomas Massie, who expressed support for the idea by saying, "Count me in."

The Fastest Path to Consistent Profits - Ad

See how beginners are using a simple two-move system to trade with confidence-no charts, no guesswork. Watch the strategy in action and get Coach Mike's Hot List free when you attend.

US Should Stockpile Bullets, Not Bitcoin, Jamie Dimon Says

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon delivered a pointed message on national security policy at the Reagan National Economic Forum on Frida

Will Rising Stars Circle, CoreWeave Perform Like Past IPO Winners Reddit, Astera Labs?

CoreWeave saw a massive rally following its late March debut and Circle I burst onto the scene last week with its successful IPO. 

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

DJT Tanks 10% On Bitcoin Bet – Peter Schiff Warns Of Trump 'Front-Running The Reserve'

Trump Media & Technology Group (NASDAQ:DJT) plunged 10% after announcing a massive $2.5 billion private placement—money earmarked for one of the largest Bitcoin (CRYPTO: BTC) treasury buys by a public company.

The Next Big Thing in AI: Musk's Secret Supplier - Ad

Nvidia soared 500% in the first AI wave. Now, Elon Musk's xAI is igniting the second. With Trump's backing and policy shifts, xAI is poised to dominate generative AI. One small company behind its tech could explode in value-this may be your second chance to ride the AI boom.

Trump's Approval Ratings Continue To Remain Below Historical Averages

President Trump's approval remained unchanged this week, reflecting a continued pattern of subdued public support in May.

British Man Charged In US With Spying For China — Here's How He Allegedly Did It

A British man has been indicted in the U.S. on charges of espionage for China. The accused, John Miller, is facing multiple charges including interstate stalking and smuggling.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

Intel Clues Hidden in Pizza Orders? Pentagon Orders Surged Just Before Israel Hit Iran

A social media account that tracks pizza shop activity near the Pentagon reportedly forecast Israel's military strikes against Iran.

Appeals court hands AP an incremental loss in its attempt to regain its access to Trump events

Digging deep into free-speech precedents in recent American history, a federal appeals panel handed The Associated Press an incremental loss on Friday in its continuing battle with the Trump administration over access by its journalists to cover presidential events.

IRA & 401(K) Savers Are Scrambling To Get In - Ad

Hollywood elites think this is the moment you betray Trump. But they're wrong. His IRS is letting Americans use a little-known, 100% tax-free loophole to shield IRA, 401(k), and pension savings through this economic reset. Learn how to activate it with just 2 words.

Major Overhaul Coming For Microsoft Authenticator: Users Advised To Backup Passwords

Users of Microsoft Authenticator are advised to backup their passwords as Microsoft prepares for a significant overhaul of its password management system.

DraftKings Stock Is Facing Selling Pressure Monday: What's Going On?

Shares of DraftKings Inc. (NASDAQ: DKNG) are trading lower Monday after Illinois passed a new budget proposal that includes increased taxes on sports betting.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Ethereum Becoming More Attractive For Institutional Investors, JPMorgan Analysts Say

Ethereum's (CRYPTO: ETH) latest network upgrade, dubbed Pectra, has improved technical efficiencies and attracted greater institutional

The Father-Son Duo Revolutionizing Homebuilding - Ad

Paolo and Galiano Tiramani founded BOXABL with a disruptive idea: bring factory efficiency to homebuilding. Today, new homes can roll off their assembly lines in ~4 hours - with 700+ built already. Now, they're prepping for Phase 2, combining modules into larger homes and apartments.

Cathie Wood Dumps Another $5.2 Million Of Palantir Stock Amid Trump Administration-Linked Surveillance Controversy

On Wednesday, Cathie Wood's Ark Invest sold 40,035 shares of Palantir Technologies Inc, amidst controversy. They bought shares of Guardant Health Inc and Veracyte Inc.

Boeing's 737 Max Production Surge Boosts Shares Amid China Delivery Resumption

Boeing plans to increase 737 Max production to 47 units monthly. Deliveries to China will resume, enhancing Boeing's global market reach.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Ex Says Musk Told Her He Fathered Child With Japanese Pop Star, Said He Would Give Sperm To Anyone Who Wanted It

Elon Musk is alleged to have fathered a child with a Japanese pop star. The news, which surfaced on Friday, also includes Musk's offer to donate his sperm to "anyone."

How To Build a Home in Nearly 4 Hours - Ad

The U.S. is short 2.3M homes, making affordable, efficient housing critical. BOXABL brought assembly lines to construction, building homes in hours, not months. With 700+ built and one of America's largest homebuilders as an investor and partner, they're growing fast.

$14 billion in clean energy projects have been canceled in the US this year, analysis says

More than $14 billion in clean energy investments in the U.S. have been canceled or delayed this year, according to an analysis released Thursday, as President Donald Trump's pending megabill has raised fears over the future of domestic battery, electric vehicle and solar and wind energy development.

CVS and Express Scripts sue Arkansas over restriction on pharmacy benefit managers

LITTLE ROCK, Ark. (AP) — CVS and Express Scripts asked a federal judge on Thursday to block a law prohibiting pharmacy benefit managers from , challenging the first such restriction enacted by a state.

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

South Korea's new leader Lee has lived a turbulent life. Now, big challenges await him

SEOUL, South Korea (AP) — was a child laborer with an arm deformity. He attempted suicide. He later made his way through university and became a highly divisive politician who survived a stabbing attack and struggles with numerous criminal charges.

Stock Of The Day: Could Lucid Gaps Refill?

If a stock gaps through certain price levels, then eventually reverses and gets back to these same levels, it may gap back through them.

The Fastest Path to Consistent Profits - Ad

See how beginners are using a simple two-move system to trade with confidence-no charts, no guesswork. Watch the strategy in action and get Coach Mike's Hot List free when you attend.

Judge puts temporary hold on Trump's latest ban on Harvard's foreign students

WASHINGTON (AP) — A federal judge on Thursday temporarily blocked a proclamation by President Donald Trump that banned incoming foreign students from entering the U.S. to attend Harvard University.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service