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Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7
In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlin…
Dan DeFrancesco
The best pay masters in the gig economy aren’t good enough
Platforms like BigBasket, Flipkart and Urban Company have been ahead of peers in offering fair wage…
The FTC wants to help you cancel that membership or subscription once and for all, aiming to reduce the ways companies force you to struggle
Insider previously documented how the rise in subscriptions has led to this gigantic headache for m…
Brent D. Griffiths
Self-driving car company Cruise agreed to reduce its driverless fleet by 50% after a spate of recent crashes. San Francisco officials previously pushed for a slower rollout of robotaxis.
City officials previously raised concerns that San Francisco was not prepared to handle a large exp…
Lloyd Lee
Forcing workers back to the office is 'dinosaur management' — and companies risk losing out, expert says
Working culture has changed forever, and trying to micromanage workers will cause top talent to lea…
Polly Thompson
A boomer Uber driver's business had over $100,000 in earnings, but he estimates over half of that was lost to expenses and commissions. He shares why he plans to keep driving.
An Uber driver's business had over $100,000 in earnings, but he estimates most of that was lost to …
Jacob Zinkula
Empty offices, abandoned malls, concerns over crime: Why San Francisco, the Golden City, is losing its luster
Owners of San Francisco's commercial real estate are deciding to give up once trophy properties rat…
Al Yoon
Student-loan borrowers are about to face more hurdles after a major company reduced its call center hours — and laid off 550 more employees
Student-loan company Nelnet said along with reducing customer service hours, its government contrac…
Ayelet Sheffey
Former 'apprentices' and Trump Media cofounders file lawsuit claiming company execs tried to dilute their stake ahead of a potential merger
Andy Litinsky and Wes Moss, who met Trump when they were contestants on "The Apprentice," filed the…
Alia Shoaib
Over 7,100 student-loan borrowers will get $3.5 million in refunds after a debt-relief company was accused of illegally charging them up to $699 in fees to reduce their federal balances, a consumer watchdog says
The CFPB is cracking down on Timemark, a student-debt-relief company, for charging fees for loan-fo…
Ayelet Sheffey
Adani Gas abused dominant position says company law board but reduces penalty
CCI had also directed AGL to cease and desist from indulging in conduct found to be in contrav…
PTI
Honasa Consumer’s D-Street debut an acid test for D2C companies
If you are an investor who is tired of the same old consumer companies, there is a new theme in tow…
FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-movin…
PTI
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
The SEC says it's looking closely at the wild earnings projections attached to many SPAC offerings
The SEC said a company would be on "shaky ground" if it disclosed favorable projections and omitted…
Isabelle Lee
Accounting firm EY calls off plan to break up auditing & consulting units
Accounting firm EY has called off its plan called 'Project Everest' to break up its auditing and co…
Time to buy your new hot wheels? Automakers set to increase prices of vehicles to meet stricter emission norms
Starting from Tata Motors, Maruti Suzuki and Honda to Hero MotoCorp, several automakers have inc…
Over 27,000 student-loan borrowers are getting $4.1 million in payments in the mail after debt relief companies 'lured' them into 'fake loan forgiveness claims,' a federal consumer agency says
The FTC accused companies of using a "scheme" to trick student-loan borrowers into paying illegal f…
Ayelet Sheffey
Companies are selling us more stuff by telling us it's 'sustainable'
A Federal Trade Commission plan to update its Green Guides comes as more companies use terms like "…
Catherine Boudreau
Disney plans to lay off roughly 32,000 workers in the first half of 2021
COVID-19 has caused Disney's income from its cruises, hotels, and theme parks to dive. Future profi…