Unlocking Potential, Shaping Leaders
General Motors recently laid off 1,000 employees in its software and services division as it tries to keep up with the industry’s push toward electric vehicles and digital services. New Layoffs at GM General Motors announced a new wave of lay-offs, the majority of which will come from the software and services division. The company … Read more
California is taking a significant step toward addressing the wildfire insurance crisis impacting its residents. New regulations will change how insurance companies can choose their policies in California, specifically in wildfire zones. This could have large impacts on both residents and insurers. Problems for California Residents Image Credit: Shutterstock / Prostock-studio California residents, especially those … Read more
Disabled veterans are being forced to repay separation repayments that many received decades ago in order to receive disability pay. This has left many veterans without benefits and forced to spend years repaying debt to the VA. New Federal Law for Veterans Veterans who received special separation payments will have to repay these funds if … Read more
Starbucks spent nearly $113 million to steal its newest CEO from Chipotle. Critics have called out this compensation package, and the CEO’s added benefit of being able to work from home, as a demonstration of the company’s inequality problems. Starbucks’ Newest Leadership Change Starbucks recently announced a major change in its leadership team. Brian Niccol … Read more
The Social Security system is once again in the news as a recent report found that nearly $1.1 billion of payments have been made in error. Overpayments, underpayments, and general errors have been a result of two-year backlogs and poor management systems. Improper Social Security Payments A recent report by the Social Security Administration (SSA) … Read more
LL Flooring recently filed for bankruptcy and announced the closure of 94 stores. This company is just one in the growing trend of retailers being forced to close their in-person stores in the face of a more digital world. LL Flooring Recent Challenges LL Flooring, a company dedicated to specialty flooring, has announced a series … Read more
Popular department store, J.C. Penney, has announced the closure of multiple stores across the country. This announcement reflects changes in the retail industry as online shopping becomes more popular. But how will these changes affect consumers and the future of in-store shopping? J.C. Penney Stores Close The American retail giant has announced that it’s closing … Read more
The IRS announced it’s targeting high-income earners who have failed to file tax returns. Americans seem to be both excited by the prospect of a fair tax system and nervous that the crack-down will hurt their future filings. The new initiative is a mixed bag for taxpayers. IRS Closes Major Loophole Image Credit: Shutterstock / … Read more
Athletic Brewing Companies is leading the non-alcoholic beverage market. The company just raised millions of dollars to expand their breweries and create a better customer experience. Consumers can expect to have more diverse non-alcoholic options in the future. The Non-Alcoholic Drink Market The non-alcoholic (NA) beverage market is growing rapidly as consumers seek healthier alternatives … Read more
As California’s average temperatures continue to rise, so does the frequency of heat waves. These extreme temperatures can cause not only health issues, but also financial burdens for residents and businesses. These costs will only get worse unless California officials find a way to mitigate some of the expenses. California Heat Waves The Fourth of … Read more