As holiday festivities approach, the bustling atmosphere at Starbucks cafes might be overshadowed by tension brewing between baristas and the corporate hierarchy. In an unprecedented move, baristas at select Starbucks locations — particularly in major cities like Los Angeles, Chicago, and Seattle — are planning to strike through Christmas Eve. This action comes as part
Business
In recent years, the financial landscape of college athletics has transformed into a lucrative domain, attracting the attention of private investors eager to partake in the revenue generated by prominent college sports programs. The question of valuation looms large—what is a college sports program truly worth? This story delves into the criteria and factors influencing
Stellantis has recently announced the postponement of its all-electric Ram pickup truck, pushing its debut back from 2025 to 2026. This decision surfaces amidst a backdrop of slower-than-anticipated electric vehicle (EV) adoption among consumers and challenges faced by many competitors in making electric trucks profitable. The company’s pivot towards a hybrid model, known as the
In a significant move to address allegations of unfair business practices, Grubhub has agreed to pay $25 million to settle a lawsuit brought forth by the Federal Trade Commission (FTC) and the Illinois Attorney General. This lawsuit highlighted numerous deceptive practices that allegedly misled diners, exploited drivers, and misrepresented restaurants. The FTC’s investigation into Grubhub
In recent years, family offices have become increasingly involved in direct investments in private enterprises, sparking both interest and concern among financial experts. The latest data from the 2024 Wharton Family Office Survey underscores the complexities of this trend, revealing that while family offices are pursuing direct investments with zeal, they may inadvertently expose themselves
The recent loss of Brian Thompson, former CEO of UnitedHealthcare, has sent shockwaves through the healthcare community, prompting the current CEO, Andrew Witty, to share his grief and insights on the broader implications for the U.S. healthcare system. In a poignant opinion piece published in the New York Times, Witty expressed the collective frustration shared
The Consumer Financial Protection Bureau (CFPB) recently disclosed a transformative rule aimed at curbing the excessive overdraft fees that have long plagued American consumers. With the anticipation of saving consumers an impressive $5 billion annually, this new regulation reflects a broader movement toward increased consumer protection in the financial sector. However, amid this announcement lies
As we approach 2025, U.S. car dealers are experiencing a sense of renewed optimism, a sentiment underscored by various market dynamics and the recent political landscape. With President-elect Donald Trump set to return to the White House, many in the automotive sector are hopeful for favorable economic conditions. This optimism is further amplified by easing
In a game-changing development for women’s professional basketball, the startup league Unrivaled has captured significant attention after announcing a new partnership with Under Armour as its official uniform provider. The collaboration comes at a time when the landscape for women’s sports is evolving quickly, bringing forth unprecedented opportunities for female athletes. This partnership positions Unrivaled
In a surprising turn of events, Tim Kuniskis, a prominent figure in the automotive industry, has made his return to Stellantis as the head of the Ram Trucks brand. Following a brief retirement from the company in May, Kuniskis’ reinstatement comes at a crucial moment for Stellantis, particularly in light of the recent resignation of