by Beth Holmes | Jan 24, 2022 | Companies, News
Bank of America is planning to eliminate bounced check fees, among other fee reductions. Non-sufficient funds (NSF) fees are almost universal among banks and credit unions. They’re the fee a bank charges when a customer overdraws their account by check....
by Beth Holmes | Jan 17, 2022 | News
Empty shelves continue to plague both stores and shoppers, as stores find it hard to restock. Shortages in grocery stores have been a recurring problem in the United States since the beginning of the pandemic in 2020. At first, they were caused by runs on goods like...
by Beth Holmes | Jan 10, 2022 | Companies, News, Technology, Women of Business
Elizabeth Holmes, deposed CEO of medical startup Theranos, has been convicted of fraud over her claims of revolutionary medical testing systems. Theranos, which Holmes founded when she was 19, claimed to be able to run tests for hundreds of diseases and health issues...
by Beth Holmes | Dec 27, 2021 | News
The hospitality industry in England will get a much-needed handup as Britain announces 1 billion pounds ($1.3B) in grants and aid for restaurants, pubs, venues, and hotels. Like many other industries, hospitality and entertainment depend heavily on the Christmas surge...
by Beth Holmes | Dec 20, 2021 | Companies, News, Profiles, Women of Business
Leena Nair is the new CEO of Chanel, in what many are calling the shattering of more than one glass ceiling. Nair, 52, is being recruited from Unilever, the British megacorporation behind global brands like Dove, Axe, Lipton, and Magnum. She joined Unilever in 1992,...
by Beth Holmes | Dec 13, 2021 | News, Technology
A cryptocurrency lawsuit worth over $50 billion dollars has been settled, in favor of Craig Wright, possibly one of the inventors of Bitcoin. Craig Wright is a computer scientist from the United Kingdom, and there is some evidence, including his own testimony, that he...
by Beth Holmes | Dec 6, 2021 | Companies, News
False arrest and intimidation by Walmart have won an Alabama woman $2.1 million in damages, in a Monday ruling in Mobile County. Lesleigh Nurse was shopping in Walmart in November of 2016, and chose to use their self-checkout stand. She paid for her groceries by card,...
by Beth Holmes | Nov 29, 2021 | Companies, News
Pharmacies have to share the blame for the opioid crisis, according to a federal jury. In a case involving three chain pharmacies in two Ohio counties, the jury found the pharmacies responsible for dispensing opioids like “a gumball machine.” The case involved...
by Beth Holmes | Nov 22, 2021 | Companies, News
Cargo rates and delays are proving a nightmare for many retailers, just when they should be making their largest sales push of the year. For years, efficiency in retail has meant products arriving exactly when they’re needed. Storage is expensive, and keeping...
by Beth Holmes | Nov 15, 2021 | Companies, News
A publishing merger is possibly about to violate American antitrust laws, according to the U.S. Justice Department Penguin Random House, the largest American publishing company and largest publishing company in the world, is in talks to buy Simon and Schuster, the...
