As Christmas approaches, tensions between Starbucks baristas and the company are reaching a boiling point. Workers in key locations, including Los Angeles, Chicago, and Seattle, have initiated a series of strikes, which are set to escalate daily and encompass additional markets. This labor action, spearheaded by Starbucks Workers United, is primarily a response to the
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As college sports continue to evolve, they attract unprecedented financial interest from private investors. With an estimated revenue generation of billions of dollars annually, the allure of college athletic programs is undeniable. This burgeoning interest raises an insightful question: how exactly do we quantify the value of these sports programs? The recent critical study by
In a surprising shift, Stellantis has announced the postponement of the all-electric Ram pickup model, pushing its launch from 2025 to 2026. This decision underscores the automaker’s realization that the expected rate of electric vehicle (EV) adoption has not materialized as swiftly as anticipated. Compounding this, many of Stellantis’s competitors have grappled with profitability in
In an alarming development for consumers and industry stakeholders, Grubhub has agreed to pay a $25 million settlement following a lawsuit brought forth by the Federal Trade Commission (FTC) and Illinois Attorney General Kwame Raoul. The legal action stems from allegations of deceptive practices that have purportedly harmed diners, workers, and small businesses alike. This
In recent years, family offices have increasingly shifted towards direct investments in private companies, abandoning the traditional reliance on private equity managers. This trend has emerged prominently in the findings of the 2024 Wharton Family Office Survey, revealing a significant rise in capital allocation to direct deals. Many family offices view this strategy as a
The recent loss of Brian Thompson, the CEO of UnitedHealthcare, marks not just the death of a prominent figure in health insurance, but also highlights the systemic issues plaguing the U.S. health-care system. In his heartfelt tribute, Andrew Witty, the CEO of UnitedHealth Group, expressed profound sorrow while simultaneously acknowledging the pervasive flaws in the
In a landmark decision, the Consumer Financial Protection Bureau (CFPB) has put forth a final rule aimed at significantly curtailing the overdraft fees that banks typically impose on their customers. This regulation is poised to reshape the banking landscape for millions of American consumers, potentially yielding annual savings of up to $5 billion. Overdraft fees
As we usher in 2025, the landscape of the U.S. automotive industry is undergoing a significant transformation. Factors such as leadership change, interest rates, and sales strategies are creating a complex tapestry of challenges and opportunities for car dealers across the nation. Recently reported findings from Cox Automotive illustrate a mix of renewed optimism and
In a significant step for women’s professional basketball, the startup league Unrivaled is solidifying its presence in the sports industry. As it gears up for its inaugural season set to commence on January 17 in Miami, Unrivaled has made headlines by securing a multi-year agreement with Under Armour, which will serve as its official uniform
In a notable strategic pivot, Stellantis has reappointed Tim Kuniskis to lead its Ram Trucks brand, effective immediately. This decision marks an unexpected yet potentially advantageous return for Kuniskis, who had previously retired in May. His reinstatement comes in the wake of significant leadership changes following the abrupt resignation of CEO Carlos Tavares. The automaker,