Target’s annual shareholder meeting in June was a referendum on the company’s leadership, and the story is bleak: nearly 13% of shareholders opposed the reelection of Executive Chair and former CEO Brian Cornell. Combined with nearly 40% support for a shareholder proposal calling for an independent Board Chair, this level of opposition makes clear that
France has banned unsolicited telemarketing calls under a new law aimed at protecting consumers from intrusive sales pitches and shielding vulnerable people from fraudulent commercial practices. The law backed by President Emmanuel Macron’s government entered into force Tuesday. While several countries have tried opt-out systems, France is hoping more muscular obligatory opt-in rules will be
Premiums for Medicare Part D drug coverage could rise next year because subsidies to insurers are about to end. Eric Thayer/Getty Images hide title toggle title Eric Thayer/Getty Images The Trump administration is ending subsidies that helped keep the costs of Medicare drug coverage down. The change could mean higher Medicare Part D premiums for
What’s yellow, fluffy, and has a name that will probably stick in your head? The new television star of the insurance sector. Liberty Mutual worked its way into consumers’ brains over the past decade with a series of ads featuring a hard-to-forget slogan (just repeat the company name several times while singing) along with a
WASHINGTON– American consumers (and the Federal Reserve) are suffering another headache from high costs. The surge in data center investments — likely to top $700 billion this year — to boost artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive, and economists expect it to continue pushing
Brothers Patrick and Ryan Coughlin, each with impressive careers in the tech industry (Patrick worked in national cyber defense and at Splunk and Cisco; and Ryan with consumer products at Apple and Spotify), have launched a new type of security startup. Savi Security seeks to protect everyday people from the new generation of incredibly convincing