Business

In a significant legal development, Grubhub has agreed to pay $25 million to settle allegations levied by the Federal Trade Commission (FTC) and the Illinois Attorney General, Kwame Raoul. This settlement comes amid accusations of deceptive practices that adversely affected diners, drivers, and restaurants alike. The FTC’s involvement underscores growing concerns about accountability in the
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Investment strategies employed by family offices—a term referring to privately held firms that manage investments and trusts for a single wealthy family—are evolving rapidly. A recent survey highlights a prominent trend toward direct investment in private companies, raising critical concerns about the risks associated with this approach. Family offices are increasingly attracted to the higher
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The recent passing of Brian Thompson, the former CEO of UnitedHealthcare, has sent shockwaves through the healthcare community, stirring emotions and highlighting deep-seated frustrations with the U.S. health system. UnitedHealth Group CEO Andrew Witty expressed his condolences and shared insights into the systemic issues plaguing healthcare in the United States. This poignant moment came in
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The enthusiasm surrounding the newly established 3×3 women’s basketball league, Unrivaled, is at an all-time high. Having recently announced an important multiyear collaboration with Under Armour, the league is cementing its position as a beacon of opportunity for female athletes. This alliance not only signifies the brand’s commitment to quality athletic apparel but also enhances
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The cosmetics and beauty industry has been through both turmoil and triumph over the past few years, with brands grappling to maintain relevance in a landscape characterized by inflation and changing consumer preferences. In a recent development, Ulta Beauty emerged as a surprising player in this ongoing narrative, releasing its fiscal third-quarter results that exceeded
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