On a recent Friday, the Federal Trade Commission (FTC) announced its decision to sue PepsiCo, accusing the beverage titan of engaging in illegal price discrimination practices. Specifically, the lawsuit claims that PepsiCo provided one unnamed retailer—widely recognized to be Walmart—favorable pricing arrangements over its competitors, violating the provisions of the Robinson-Patman Act. This act, established
Legal
In a groundbreaking legal action, the Federal Trade Commission (FTC) has initiated a lawsuit against Deere & Company, a leading manufacturer of agricultural machinery. This lawsuit, filed recently, highlights significant concerns regarding monopolistic practices in repair services offered by Deere—a situation that has cultivated frustration among farmers who rely heavily on these services for their
On a significant Tuesday for consumer rights, the Consumer Financial Protection Bureau (CFPB) took a decisive legal step against Capital One, alleging deceptive practices that misled thousands of customers regarding their savings accounts. Central to the controversy is the CFPB’s accusation that Capital One improperly conflated its traditional “360 Savings” account with its more lucrative
As the urgency for environmental conservation escalates, various industries are exploring sustainable practices, and the mattress industry is no exception. In recent years, several states have pioneered initiatives to address the environmental impact caused by the disposal of mattresses. The case of California, Connecticut, Oregon, and Rhode Island illustrates a thoughtful policy shift aimed at
The U.S. residential real estate market, a beacon of opportunity for buyers worldwide, is currently caught in a web of challenges, particularly for international investors. While domestic buyers are grappling with escalating property prices and limited inventory, international purchasers face an additional adversary—the strength of the U.S. dollar. This confluence of difficulties has led to
The appointments and departures of key financial regulators can significantly alter the landscape of banking and finance in the United States. In light of recent news concerning Michael Barr, the Federal Reserve’s Vice Chair for Supervision, the banking sector is abuzz with speculation about the regulatory framework that will shape its future. Barr’s choice to
In a groundbreaking move announced on Monday, Disney and Fubo have initiated a merger that will reshape the landscape of internet-based television. By combining their respective Hulu+ Live TV service with Fubo’s offerings, Disney is poised to become the majority owner of this newly formed entity, holding a significant 70% stake, while the existing Fubo
In a surprising move, Banco BPM has voiced its discontent regarding UniCredit’s recent takeover bid, valued at 10 billion euros. This unexpected offer raises several questions about the intentions behind the proposal and its alignment with Banco BPM’s financial health and long-term strategic goals. Despite the allure of consolidation in an increasingly competitive banking environment,
The recent decision by the Biden administration to halt broad student loan debt forgiveness initiatives has sent waves of concern among borrowers. As the landscape of federal student loan alleviation continues to shift, it is crucial for students and graduates to understand the plethora of targeted forgiveness opportunities still available to them. Financial experts urge
With the impending transition of power in the United States government, federal student loan borrowers, numbering approximately 40 million, find themselves at a crossroads. As President Biden prepares to exit office, the electorate is bracing for shifting policies concerning student debt—issues that are exacerbated by the contrasting views of President-elect Donald Trump regarding student loan