The recent settlement between Grubhub and the Federal Trade Commission (FTC), along with the Illinois Attorney General’s office, has shed light on significant ethical concerns in the food delivery industry. This case serves as a crucial reminder of the responsibilities that food delivery platforms bear towards diners, restaurant partners, and delivery workers. The settlement, amounting
Business
In the ever-changing landscape of wealth management, family offices are playing an increasingly prominent role—particularly in direct investments in private companies. While these endeavors promise the allure of high returns without the hefty fees associated with traditional private equity, a recent survey reveals that these investment strategies may not be as fruitful as anticipated. It
The recent death of Brian Thompson, CEO of UnitedHealthcare, has sent shockwaves through the healthcare industry. Andrew Witty, CEO of UnitedHealth Group, took to the pages of the New York Times to express his heartfelt condolences and to shed light on the challenges facing the U.S. healthcare system. Thompson, who played a pivotal role in
The landscape of consumer banking is on the verge of a significant transformation, as the Consumer Financial Protection Bureau (CFPB) introduces a new rule aimed at curbing the often-exorbitant overdraft fees charged by banks. With the CFPB projecting an annual savings of $5 billion for American consumers, banks will be forced to rethink their approaches
As we approach the year 2025, the landscape for U.S. car dealerships is shifting, with heightened optimism permeating the sector. Recent surveys conducted by Cox Automotive reflect a noticeable increase in dealer confidence, primarily attributed to changing political dynamics and economic variables such as interest rates and promotional sales incentives from automakers. However, amidst this
As the festive season approaches, the retail sphere is stirring with anticipation and trepidation. Joyous celebrations and a consumer spending uptick often characterize this time of year, yet recent earnings reports have revealed stark disparities among retailers’ performances. Some brands are basking in the glow of sales, while others find themselves grappling with disappointing revenues.
The Thanksgiving weekend has long been a significant period for the film industry, considered one of the most lucrative times of the year for movie theaters. This year, the domestic box office is projected to experience a remarkable resurgence, fueled by the arrival of several high-profile releases, including Disney’s anticipated “Moana 2.” Experts predict that
Walmart, the largest employer in the United States, has made significant headlines recently by announcing a reduction in its engagement with diversity, equity, and inclusion (DEI) initiatives. This decision underscores a growing trend among major corporations retreating from programs designed to promote social equity amidst increasing pressure from conservative groups. The implications of this shift
In a bold move demonstrating its commitment to women’s sports, State Farm has announced significant investments that reflect both a growing trend in the sports industry and the insurance giant’s dedication to representation. This past week saw the signing of college basketball sensation JuJu Watkins to an NIL (Name, Image, Likeness) deal, coupled with the
In recent years, the dynamics of wealth have shifted significantly, with women increasingly carving their niche within the billionaire class. According to a recent report by Altrata, women now comprise 13% of the global billionaire population, which numbers around 3,323 individuals. Though this percentage may initially appear modest, it represents a significant shift in the