The landscape of college sports has evolved into a lucrative industry, with major programs amassing billions in revenue each year. This shift is drawing the attention of private investors eager to capitalize on this potential financial goldmine. The pressing question arises: what is the true worth of a college sports program? To shed light on
Business
In a striking move, Stellantis has decided to postpone the launch of its all-electric Ram pickup, pushing the launch date from 2025 to 2026. This decision highlights the broader challenges the automotive industry faces as it transitions to electric vehicles (EVs). The delay is not just an operational decision; it reflects a significant recalibration of
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
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