Business

In a significant development for the food delivery industry, Grubhub has agreed to a $25 million settlement following allegations from the Federal Trade Commission (FTC) and the Illinois Attorney General, Kwame Raoul. This lawsuit, which has captured widespread attention, centers around claims of deceptive practices that not only impacted diners but also workers and small
0 Comments
Family offices, wealthy private entities formed to manage the financial affairs of affluent families, are increasingly opting to make direct investments in private companies. This shift marks a significant trend as family offices seek to capitalize on lucrative market opportunities while potentially avoiding high private equity fees. However, a recent study has raised concerns about
0 Comments
Overdraft fees have been a longstanding concern in the realm of personal finance, often leaving consumers scrambling to cover unexpected charges. Traditionally, these fees have been an easily accessible source of revenue for banks, resulting in significant financial strain for millions of Americans. This week, the Consumer Financial Protection Bureau (CFPB) made headlines by introducing
0 Comments
As 2025 approaches, the sentiment among U.S. car dealers is one that oscillates between cautious optimism and underlying anxiety, particularly regarding the future of electric vehicle (EV) sales. A recent report from Cox Automotive reveals a significant increase in dealer confidence due to favorable economic factors and political changes, notably the election of President Donald
0 Comments
Ulta Beauty recently reported its fiscal third-quarter earnings, exceeding Wall Street’s expectations and alleviating concerns surrounding increasing competition and shifting consumer demand in the beauty sector. This report is crucial as it reflects not only on Ulta’s current market performance but also sets the tone for the upcoming holiday season, a vital period for retailers
0 Comments