More from Brent Jabbour
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You can now bet on Trump or Harris winning the election on Robinhood
Robinhood is letting users put their money where their mouth is on who will win the upcoming U.S. presidential election. Starting Monday, Oct. 28, the online brokerage house allows people to trade financial contracts to bet on Vice President Kamala Harris or former President Donald Trump. According to Robinhood, an event contract is a “financial… -
Dodgers-Yankees World Series matchup the more classic kind of ‘moneyball’
The 2024 World Series matchup is the more classic kind of “moneyball,” where two of the most gargantuan payrolls in Major League Baseball meet at the end of the playoff road. The Dodgers-Yankees matchup is between presumed league MVPs, the $700 million Shohei Ohtani and $360 million Aaron Judge. Both teams sport three players with… -
Trade groups sue FTC to block Khan’s ‘click-to-cancel’ rule
The Federal Trade Commission’s rule to make it easier for consumers to cancel subscriptions is already facing a legal challenge. The final “click-to-cancel” rule was announced last week and industry groups representing companies that rely on subscription revenue filed an appeal on Wednesday, Oct. 23. Click-to-cancel requires retailers, gyms and other subscription-selling companies to make… -
Starbucks needs more of this one ingredient to bring customers back
Starbucks’ freshly-brewed CEO Brian Niccol has the “venti” task of getting the coffee shop giant back on track. The tall order starts with more people fulfilling orders across Starbucks’ many channels. The company released preliminary fourth-quarter earnings, which shows how deep the Starbucks slump is. For the third straight quarter, overall same-store sales fell, this time by… -
‘Big gap’ between what new Boeing CEO is saying and what’s happened
Boeing is looking to take flight after moving on from its worst quarter performance since COVID-19 halted travel worldwide. And the company is doing so with a new captain in the cockpit. “We’re clearly at a crossroads,” Boeing CEO Kelly Ortberg said in his first earnings call. “The trust in our company is eroded. We’re… -
Disney vows to resolve Iger succession in 2026 as Gorman becomes board chair
Disney is inching closer to a future without Bob Iger at the helm, although it may take a little longer than expected. Now the entertainment and theme park juggernaut says it will name its new CEO in “early 2026.” James Gorman will take over as the Disney board’s chairman on Jan. 2, 2025, the company… -
Boeing boosts offer to 35% raises as it loses $1 billion per month in strike
The end of the Boeing strike may be in sight. After more than a month on the picket lines, union members will vote on Boeing’s latest contract offer this Wednesday, Oct. 23. It will be the first official vote since the vote to strike, but union members from the International Association of Machinists and Aerospace Workers… -
It’s time for Boeing CEO to go straight to union leadership: Expert
Boeing was in tremendous trouble long before the machinist strike, which is in its second month and costing the company $1 billion per month. Since the strike started, things have gone from bad to worse, and it’s not all strike related. On Friday, Oct. 18, the Federal Aviation Administration opened a new safety review into… -
After a lot of mistakes, this is the ‘only direction’ Nike can take
A former intern at Nike started his new role as CEO the week of Oct. 14. Elliott Hill took over the top job after CEO John Donahoe’s surprise retirement, but Hill’s path to return Nike to its former glory is an uphill climb. Nike is facing a major sales downturn and struggling share price. As… -
Roblox responds to report it attracts pedophiles and lies to investors
A prominent short seller claimed the popular video game platform Roblox is an “X-rated pedophile hellscape” and said the company is lying to investors about its numbers. Last week’s report from Hindenburg Research prompted a suicide prevention campaign to call on British regulators to do more to protect kids from harmful online content. Hindenburg Research… -
Facing the music: Can Taylor Swift ever top The Eras Tour?
Pop megastar Taylor Swift kicks off the final U.S. leg of her gigantic Eras Tour on Friday, Oct. 18, in Miami. When all is said and done, Swift will have spent nearly two years globe trotting in front of millions of fans, selling out arenas worldwide and generating more than $2 billion. For Swifties who missed… -
Why deportations are an ‘economic disaster’ and other immigration truths
There are likely more than 11 million immigrants living in the U.S. today without authorization. On the campaign trail, former President Donald Trump has promised to enact “mass deportations” to remove unauthorized immigrants. Trump said he would use the Alien Enemies Act of 1798, which has not been used since internment camps during World War… -
How Florida’s state-backed insurance went from last resort to largest provider
It was meant to be the insurance of last resort. But along the way, Florida’s government-backed Citizens Property Insurance Corporation became the largest insurance provider in the state. “Citizens Property Insurance, which was created decades ago, it is not solvent, and we can’t have millions of people on that, because if a storm hits, it’s…