Starbucks baristas are gearing up for a series of strikes that will commence just before Christmas Eve, starting with locations in major cities such as Los Angeles, Chicago, and Seattle. As part of their ongoing fight for better compensation, employees are determined to escalate their actions each day, targeting additional markets. The union representing these
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The world of college athletics is not just a breeding ground for young talent; it has emerged as a booming financial enterprise that commands the attention of private investors. With the aggregate revenues generated by major college sports programs reaching staggering heights, inquiries into the worth of individual programs have become increasingly relevant. As this
In a significant update from Stellantis, the launch of the all-electric Ram pickup has been postponed from 2025 to 2026. This decision stems from various factors, including slower than anticipated adoption rates of electric vehicles (EVs) and mounting challenges that competitors face in achieving profitability with electric truck models. As the automotive landscape shifts rapidly
In a landmark decision, Grubhub has reached a $25 million settlement with the Federal Trade Commission (FTC) and Illinois Attorney General Kwame Raoul over allegations of deceptive practices that adversely affected diners, drivers, and small business restaurants. The settlement, announced on a Tuesday, stems from a complaint stating that Grubhub misled its customers regarding delivery
In recent years, family offices have increasingly shifted their investing strategies to include direct investments in private companies. While this move is seen as a way to capture the higher returns often associated with private equity, a comprehensive survey has revealed underlying risks that family offices may not be fully prepared to handle. Direct investments
The recent death of Brian Thompson, the CEO of UnitedHealthcare, has sent shockwaves through the healthcare industry, prompting Andrew Witty, CEO of UnitedHealth Group, to take to the pages of the New York Times. In a sorrowful yet critical reflection, Witty did not shy away from acknowledging the inherent flaws in the American healthcare system.
In a significant step towards reforming consumer finance, the Consumer Financial Protection Bureau (CFPB) recently unveiled a final rule aiming to limit the ability of banks to impose exorbitant overdraft fees. This regulatory change represents a concerted effort to protect consumers from financial practices that historically drained billions from their bank accounts. According to the
As we look towards 2025, the landscape for U.S. car dealers is marked by a blend of cautious optimism and underlying anxiety. A recent report from Cox Automotive highlights a significant increase in the optimism levels among dealers, notably propelled by the idea of a President-elect Donald Trump administration. This renewed enthusiasm should not overshadow
In recent years, women’s professional sports, particularly basketball, have gained unprecedented attention and resources, culminating in the launch of the Unrivaled league. As a 3×3 women’s basketball league, it’s not just a new opportunity for players; it signifies a cultural shift in how women’s sports are valued and supported. Unrivaled’s recent multiyear partnership with Under
In a significant development for the automotive industry, Tim Kuniskis is making a comeback at Stellantis as the head of the Ram Trucks brand. This return marks a moment of transformation within the company, especially following the unexpected resignation of CEO Carlos Tavares. Tavares’ exit has prompted a critical evaluation of Stellantis’ strategies, particularly concerning