Lawsuit Exposes Predatory Practices of Cash-Advance Operation
New York Attorney General Letitia James has filed a lawsuit exposing the predatory lending practices of cash-advance operation Yellowstone Capital and its related companies. Allegations include fraudulent loans with interest rates as high as 820%, leading to the closure of businesses like City Bakery. The lawsuit seeks to bar these entities and individuals from engaging in such practices.
Samsung Electronics Embraces Diversity and Inclusion in the Workplace
Samsung Electronics emphasizes the importance of diversity, equity, and inclusion (DEI) in the workplace. With employees from various backgrounds, the company believes that respecting diversity and communicating with transparency drives innovation and growth. In celebration of International Women’s Day, Samsung Newsroom sat down with employees to discuss the value of diversity. President and Chief Marketing Officer, Younghee Lee, emphasized the company’s commitment to innovation for all and the importance of creating an inclusive environment where everyone feels valued and respected.
India’s Alcoholic Beverage Market Driven by Women in Leadership
India’s alcoholic beverage market is projected to reach $64 billion by 2030, with women playing a significant role in driving its growth. Hina Nagarajan, the Managing Director and CEO of Diageo India, is one such influential woman making strides in the industry. With over three decades of leadership experience, she has been recognized as a trailblazer in the business world.
MASN and Comcast Reach Carriage Deal, Orioles and Nationals Games Move to Pricier Cable Package
MASN and Comcast have reached a carriage deal that will see Orioles and Nationals games move to a pricier cable package. The agreement, announced on Friday, will result in MASN and MASN2 being elevated from the basic package to the Ultimate TV package on Xfinity’s cable packages. The change is set to take effect on Tuesday, with Comcast contacting customers to communicate the change. Subscribers already on the Ultimate TV package will see no change in pricing, while Popular TV customers will have the option to reduce the RSN fee if they do not wish to continue with MASN. Comcast has also announced a promotional offer for customers transitioning to the Ultimate TV package. The carriage deal between MASN and Comcast was initially set to expire at the end of February but was extended for a week as negotiations continued this month.
Top Climate News for February 26-March 1, 2024
Top climate news from the past week includes New York Attorney General’s lawsuit against JBS over misleading sustainability claims, polar bears at risk of starvation due to melting Arctic ice sheets, and China’s struggle to meet carbon intensity and coal reduction targets.
Walmart’s $2.3 Billion Deal with Vizio Raises Concerns for Roku
Walmart’s $2.3 billion deal with Vizio raises concerns about Roku’s future in the smart TV market. Despite a downgrade from Wells Fargo, Roku has strategies in place to compete effectively and remains a promising investment. As Walmart and Vizio enter the scene, Roku is expected to face new challenges, but the company’s proactive approach and agility may enable it to maintain its position in the evolving market.
Häagen-Dazs supports women-centric charities in Asia and Europe
Häagen-Dazs is supporting women-centric charities in Asia and Europe through various philanthropic activities, including donations from the sale of limited-edition products and special promotions. The brand’s commitment to empowering women is showcased through its support of organizations in Taiwan, India, and the UK, as well as the upcoming International Women’s Day promotions. The campaign, known as The Rose Project, aims to recognize and support unsung women making remarkable contributions, with nominations now open for the 2024 awards.
Boeing faces federal investigation after United Airlines pilots report ‘stuck’ control incident
Boeing is under federal investigation after United Airlines pilots reported a ‘stuck’ control incident involving a 737 Max aircraft during landing at Newark last month. The NTSB confirmed that none of the 161 people on United flight 1539 were injured, and the plane was able to return to the gate. This incident is the latest in a series of issues involving the nearly-new Boeing 737 Max aircraft, raising concerns about the safety of these planes.
The Rise of Electric Cars: A Sustainable Future for Transportation
Electric cars are becoming increasingly important in the automotive industry due to concerns about climate change and air pollution. They offer environmental friendliness, cost savings, and advancements in battery technology, making them a more appealing option for drivers. As the demand for electric cars rises, major automakers are increasing production, and the infrastructure for electric vehicle charging is growing, making electric cars the future of sustainable transportation.
Mizuho Raises Price Targets for Semiconductor Stocks
Mizuho raises price targets for semiconductor stocks including Arm Holdings, NVIDIA, Broadcom, and AMD. The firm highlights AI and Custom Silicon landscape, emphasizing significant upside opportunities for ARM. Investors react to the news with varying opinions on Mizuho’s analysis.