The Federal Trade Commission said Friday it settled with the largest U.S. distributor of wines and spirits over claims that it was discriminating against small and independent businesses. The agency sued Southern Glazer’s Wine and Spirits in December 2024 after finding it didn’t give smaller stores access to the discounts and rebates it offered larger
Navigating New York City’s economy can feel like a gauntlet of minor indignities. Selling ice cream, for some reason, requires two different permits. Want to quit your gym? You may have to send a certified letter by mail. Oh, and before you haul your belongings to that storage unit, you’d better read the fine print
Not all of the lessons in the Walker Deibel playbook fit between its covers. One of the first bolt-on acquisitions Lucas Philips tried to close was a tiny shop in rural Oregon — a guy who had spent decades fabricating custom interiors for Porsches. Philips flew to Portland, grabbed a brand-new convertible Mustang on a
The 24 year-old spent six summers pressure washing houses in upstate New York with his dad. Now he has a Wharton degree, and just raised $40 million from two of the most competitive names in venture capital to fix blue-collar and home services problems at scale. Probook, his New York-based startup, raised a $34 million
