Business

In a recent advisory, U.S. Surgeon General Dr. Vivek Murthy spotlighted a crucial issue that warrants immediate public attention and policy reform: the alarming correlation between alcohol consumption and various types of cancer. This announcement underscores an urgent need for increased awareness and preventive measures, similar to those implemented for tobacco regulation. Faced with the

Carvana, an online platform revolutionizing the used-car market, is now in the spotlight due to serious allegations put forth by Hindenburg Research, a prominent short-selling firm. The recent claims regarding Carvana’s financial practices and the close-knit relationship between its key executives have led to scrutiny, raising questions about the legitimacy of the company’s reported turnaround

Christmas Day 2023 proved to be a monumental occasion for Netflix, which made headlines by securing the streaming rights for two highly anticipated NFL games. According to Nielsen’s latest data, a staggering 65 million viewers across the United States tuned in to watch these exclusive matchups. The Baltimore Ravens’ thrilling victory over the Houston Texans

A coalition of major banks and industry organizations has taken the Federal Reserve to court, aiming to overhaul the annual stress testing framework that assesses the financial health of banks. This group includes notable institutions such as JPMorgan, Citigroup, and Goldman Sachs, represented by the Bank Policy Institute (BPI), along with the American Bankers Association,

On Monday, Nordstrom made headlines with the announcement that it will be transitioning into a privately owned entity. This significant change follows a buyout agreement valued at approximately $6.25 billion, facilitated by Nordstrom’s founding family in collaboration with El Puerto de Liverpool, a prominent Mexican department store chain. This unanimous decision by the board of

As the holiday season approaches, tensions are mounting at Starbucks, where baristas in major cities like Los Angeles, Chicago, and Seattle are preparing to engage in a strike that could disrupt operations through Christmas Eve. The decision to strike is fueled by frustrations over inadequate wage negotiations and stalled progress on promised contractual agreements. The

The intersection of collegiate athletics and finance has evolved into a lucrative realm, captivating private investors eager to partake in the sprawling revenues generated by major college sports. As billion-dollar financials become commonplace within this ecosystem, a pivotal inquiry emerges: how can we accurately assess the worth of a college sports program? Recent analysis led

Stellantis, the parent company of the Ram brand, announced a significant delay in the launch of its fully electric Ram pickup truck, moving the anticipated release from 2025 to 2026. This decision reflects the broader complexities and slower-than-expected adoption rates for electric vehicles (EVs) in a landscape where competitors are grappling with profitability in the

The recent settlement of $25 million agreed upon by Grubhub with the Federal Trade Commission (FTC) and Illinois Attorney General Kwame Raoul portrays a significant chapter in the evolving narrative of food delivery services. Accusations of misleading practices affecting customers, workers, and restaurants underscore the complexities and ethical considerations associated with business growth in the

In recent years, family offices have garnered attention for increasingly engaging in direct investments within private companies. A significant shift in their investment strategy is highlighted by the 2024 Wharton Family Office Survey, which illustrates the potential volatility of this approach. While the allure of direct investment promises independence from private equity fees and the