Business

The recent lawsuit filed by Washington, D.C., Attorney General Brian Schwalb against StubHub sheds light on the deceptive and unfair pricing tactics employed by the online ticket exchange platform. The allegations of hidden fees and misleading advertising have raised concerns among consumers and lawmakers alike. The lawsuit accuses StubHub of using deceptive advertising to lure
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Budget air travel has long been associated with sacrificing comfort and amenities for a cheaper fare. However, Spirit Airlines, known for its ultra-low-cost model, is looking to change that perception. In a recent announcement, the Florida-based carrier unveiled plans to offer new ticket packages that include perks that were previously only available as add-ons for
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McDonald’s executives have recently faced challenges in recapturing consumers with deals, especially after a difficult second quarter. U.S. President Joe Erlinger expressed concerns about the company’s struggle to sell diners on affordability, highlighting the competitive challenges that are expected to persist throughout the year. This has led to a reevaluation of their approach in order
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McDonald’s executives recently admitted that consumers find their prices to be too high, especially lower-income customers who are feeling the pinch of inflation. This realization came during the company’s second-quarter earnings call, where executives discussed the need to evaluate prices and enhance the overall value for customers. It was also observed that same-store sales had
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McDonald’s is set to release its second-quarter earnings report, and Wall Street analysts are keeping a close eye on the numbers. With expectations for earnings per share at $3.07 and revenue at $6.61 billion, there is speculation as to how the fast-food giant will perform amidst industry challenges and consumer spending concerns. McDonald’s stock has
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In recent news, bipartisan lawmakers introduced a new bill aimed at regulating the business practices of drug supply chain middlemen who have been under scrutiny for inflating prescription medication prices. This legislation, known as the “Pharmacists Fight Back Act,” addresses the concerns of U.S. patients and pharmacies by ensuring fair and transparent reimbursement for community
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