BusinessXtoY Ep 9

BusinessXtoY Podcast from Nerdnalist

Barnes & Noble Bought By Hedge Fund, To Be Led By U.K. Booksellerhttps://www.bisnow.com/national/news/retail/barnes-noble-bought-hedge-fund-elliott-management-waterstones-99338?utm_source=CopyShare&utm_medium=BrowserBarnes and Nobles has been purchased by hedge fund Elliott management for almost seven hundred million dollars. I don't have a lot to say on this particular story other than it's never a good idea for a retailer to be purchased by a hedge fund. Ask KB Toys and Toys R Us. Oh, wait you can't ask them, they don't exist.Chase just tried to screw its credit card holders. Here’s how you can fight back.https://thinkprogress.org/chase-just-tried-to-screw-its-credit-card-holders-heres-how-you-can-screw-them-back-530249232b32/Chase wants to take your right away to sue them if they treat you in a manner which is unethical. It's not like a bank has ever acted unethically towards their customers before, right? Chase wants to resolve all customer issues in arbitration. The fear of legal action specifically class-action legal action often times is the only thing which gives companies like Chase pause when doing some of the more unethical things they can think of. Customers losing that ability could bring about a slippery slope which undermines confidence in the entire banking system.Hertz launches $1,000-per-month car subscription servicehttps://www.theverge.com/2019/6/4/18652907/hertz-my-car-subscription-rental-terms-enterpriseIt is official there is a subscription service for everything. I know, I said that last week so I’m turning June into subscription service month. Hertz has launched a $1000 per month car subscription service. For that price, subscribers get their choice of a full-size sedan, small SUVs, and trucks. If a subscriber would like a Luxury sedan, regular SUVs, and larger trucks that will cost $1399 month. Subscribers will also get car maintenance, roadside assistance, and insurance kind-of.

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