As the holiday season approaches, tensions are simmering between Starbucks and its baristas, with workers in cities like Los Angeles, Chicago, and Seattle initiating strikes that extend through Christmas Eve. The union representing these workers, Starbucks Workers United, has expressed frustration over what they describe as the company’s retreat from previously established commitments. This escalating
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In the realm of collegiate athletics, the numbers are staggering—billions of dollars flow in from ticket sales, merchandise, broadcasting rights, and sponsorships. As private investors eye these lucrative programs, the question arises: how are these college sports programs evaluated in terms of worth? CNBC recently undertook the task of quantifying the value of college athletic
In a notable shift in strategy, Stellantis has announced a postponement of the all-electric Ram pickup, now slated for release in 2026, marking a full year later than originally planned. This decision highlights the broader challenges faced by the automotive industry, particularly in navigating the slow adoption rates of electric vehicles (EVs). As traditional automakers
The food delivery service industry has always been a realm of rapid growth and intense scrutiny. Recently, Grubhub, a leading player in this market, made headlines when it agreed to pay $25 million to settle allegations brought forth by the Federal Trade Commission (FTC) and the Illinois Attorney General. This settlement, however, is only the
In recent years, the trend of family offices directly investing in private companies has gained significant traction. However, a fresh examination of their approach reveals a cautionary tale about potential risks and lapses in effectiveness. The latest findings from the 2024 Wharton Family Office Survey shed light on a paradox: while family offices are venturing
The U.S. health care landscape finds itself at a critical juncture following the tragic loss of Brian Thompson, CEO of UnitedHealthcare, the largest private insurer in America. His untimely death, reportedly stemming from a violent confrontation in Manhattan, has ignited an urgent dialogue about the systemic flaws within the health care system. Andrew Witty, CEO
On a significant date in the financial landscape, the Consumer Financial Protection Bureau (CFPB) unveiled a final rule aimed squarely at reducing the burdensome overdraft fees that have long plagued American bank customers. This new regulation, as stated by CFPB officials, is expected to save consumers an impressive $5 billion each year—a substantial relief for
As we transition into 2025, the sentiment among U.S. car dealers reflects a complex interplay of optimism and caution. According to recent findings from Cox Automotive, there is a renewed sense of hope amongst dealers primarily attributed to the anticipated economic policies of President-elect Donald Trump. Following the outcomes of the U.S. presidential election in
In recent years, the landscape of women’s professional basketball has evolved significantly. The emergence of the startup league Unrivaled is a testament to this development, particularly as it aims to provide a substantial platform for female athletes. Unrivaled recently made headlines with its announcement of a multiyear partnership with Under Armour, positioning itself not only
In a significant turn of events, Stellantis has welcomed back Tim Kuniskis, a veteran executive known for his impactful tenure within the company, particularly in leading the Ram Trucks brand. Following his retirement in May, Kuniskis is rejoining the automaker just after the surprising resignation of CEO Carlos Tavares, a decision rooted in the persistent