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Americans often take pride in their belief that they possess the most dynamic economy the world has ever witnessed. This perception is not without merit, as the United States has been at the forefront of innovation and economic growth for decades. However, maintaining a dynamic economy requires constant vigilance and efforts to ensure fair competition…
Uber announced its decision to shut down the alcohol delivery platform, Drizly, by March. The ride-hailing app had acquired Drizly for $1.1 billion three years ago, during a time when home alcohol delivery was gaining popularity. However, the growth in the delivery market has slowed down since then, leading to this strategic move by Uber.…
French television star and entrepreneur, along with a group of investors, is seeking 280 million Swiss francs ($330 million) from Nespresso, following the collapse of a company that aimed to provide a more environmentally friendly alternative to the aluminum capsules sold by the coffee-pod giant. The ongoing legal battle between Nespresso and the plaintiffs highlights…