Tag

Fees

All articles tagged with #fees

Trade Desk Shares Slip After Publicis Cuts Client Guidance Amid Audit
business2 months ago

Trade Desk Shares Slip After Publicis Cuts Client Guidance Amid Audit

Trade Desk shares fell about 7.4% after Publicis Groupe advised clients to stop using the platform following a third‑party audit by FirmDecisions that allegedly found improper fees, auto-enrollment in paid features, and questions over media/data cost markups; Trade Desk disputes the findings, but Publicis’ stance threatens a key revenue channel and agency relationships, with shares closing at $25.07.

Slack Chats Surface Fan-Fee Boasts by Live Nation Staff
business2 months ago

Slack Chats Surface Fan-Fee Boasts by Live Nation Staff

Private 2022 Slack messages between Live Nation staff brag about gouging fans with high ancillary and parking fees, cited in a DOJ antitrust suit. The exchanges, released as court exhibits, highlight perceived monopoly power. A settlement accompanying the case caps amphitheater fees at 15% and requires some Ticketmaster tech to be opened to rivals, while Live Nation says the remarks don’t reflect its values and it will investigate.

Live Nation Ticketing Executives Brag About Sky-High Parking Fees in Unsealed Messages
music2 months ago

Live Nation Ticketing Executives Brag About Sky-High Parking Fees in Unsealed Messages

Two Live Nation amphitheater regional ticketing directors boasted in private Slack chats about gouging fans with high ancillary fees—such as VIP parking up to $250—as part of an antitrust case. Live Nation said the remarks don’t reflect their practices and noted they cap amphitheater fees at 15% while investing in fan amenities; the case is on hold after a tentative settlement, though some state attorneys general may pursue the matter.

What Sets DoorDash Apart
business4 months ago

What Sets DoorDash Apart

DoorDash emphasizes its commitment to fair treatment of its Dashers, denying claims of using a 'Desperation Score' or calling workers 'human assets,' clarifying that fees like the 'Driver Benefit Fee' do not exist, and explaining that tips do not affect base pay, which is based solely on time, distance, and offer desirability.

Chicago City Council Approves 2026 Budget Amid Mayor Johnson's Veto Threat
local-government5 months ago

Chicago City Council Approves 2026 Budget Amid Mayor Johnson's Veto Threat

Chicago City Council approved a 2026 budget that avoids a corporate head tax, includes fee hikes like bag taxes and liquor taxes, legalizes video gambling, and proposes selling city debt, despite opposition from Mayor Johnson who may veto it. The budget faces concerns over revenue assumptions and potential deficits, with key changes aimed at funding city services and infrastructure.

Fiserv Faces Worst Day Ever Amid Client Revolt and Leadership Changes
business6 months ago

Fiserv Faces Worst Day Ever Amid Client Revolt and Leadership Changes

Fiserv's stock plummeted 44%, wiping out $30 billion in market value, after CEO Mike Lyons announced a rollback of fee hikes on Clover, its flagship point-of-sale system, due to customer dissatisfaction and a review revealing management missteps and overpromising growth, highlighting the risks even established fintech companies face from management discipline and customer demand.