Business

As the holiday season approaches, Starbucks baristas in several major cities—including Los Angeles, Chicago, and Seattle—are preparing to initiate strikes that will stretch through Christmas Eve. The strikes, organized by Starbucks Workers United, aim to confront the company over compensation issues, amidst claims that Starbucks is reneging on promises made earlier regarding employee pay and
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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
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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
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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.
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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
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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
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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
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