Federated investment management

Fashion Nova, an erstwhile brand collaborator to artists Cardi B and Megan Thee Stallion, is in hot water over alleged efforts to suppress negative reviews of its products online. The fast fashion juggernaut is being fingered by the Federal Trade Commission (FTC) for filtering consumer feedback on its e-commerce site — and settling the issue will come with a hefty fine, Sourcing Journal reported this week . The FTC, which is tasked with protecting consumers and businesses from deceptive or anti-competitive practices, revealed Tuesday that the Vernon, Calif.-based e-tailer will be required to pay $4.2 million for misrepresenting shopper sentiments about its apparel and accessories. The case is the first in the commission’s history to challenge a company for concealing unfavorable reviews posted to its website. The complaint alleges Fashion Nova worked with a third-party online product review management platform to suppress shopper product ratings lower than four stars out … [Read more...] about Fashion Nova, Collab Haven to the Stars, Faces Lawsuit for Deleting Negative Reviews

TMZ may collect a share of sales or other compensation from links on this page. Everyone knows it’s important to diversify your investments. By spreading your money out across different types of assets, you minimize the risk. Or, at least that’s the theory. Luckily, things are starting to change. In recent years, crowdfunding tech and data science have opened up a world of new possibilities, and the SEC has responded by loosening restrictions and opening up REITs to everybody. Now, high-tech startups like DiversyFund are finally leveling the investing playing field. DiversyFund was created to democratize investing by giving regular people the same financial opportunities as the one-percenters. To accomplish these goals, the company’s founders created a simple online investing platform that lets anybody invest in a portfolio of diversified real estate assets. Officially called Real Estate Investment Trusts, or REITs, these portfolios are managed by experts who buy … [Read more...] about You Don’t Have to Be Rich to Get Richer!!!

Alexia Quadrani , a veteran Wall Street media analyst most recently with J.P. Morgan, has been tapped by the Walt Disney Co. to lead its investor relations efforts. She succeeds Lowell Singer , who departed the company last year along with a number of other senior executives associated with Bob Iger’s 14-year run as CEO. Iger officially ended his Disney tenure last month, nearly two years after passing the CEO baton to Bob Chapek. Investor relations is a vital function for any public company, but especially for Disney, a Dow component and entertainment giant whose stock has been a bellwether in recent years for streaming and the impact of Covid. Quadrani will report directly to CFO Christine McCarthy. “Alexia is a highly skilled financial professional whose expertise as an industry analyst and strong network of relationships across the investment community make her an excellent choice to lead our investor relations team,” McCarthy said. “I am confident that … [Read more...] about Disney Names Former J.P. Morgan Analyst Alexia Quadrani As Head Of Investor Relations

"Spotify has become the home of life-threatening COVID misinformation. Lies being sold for money," wrote singer Neil Young. In a harshly worded statement on his website, Young has now had his songs removed from the streaming platform Spotify, despite the fact that the Canadian-American singer stands to lose 60% of his worldwide streaming income. Young, who advocates COVID-19 safety and prevention, had earlier this week protested the podcast of controversial US podcaster Joe Rogan for spreading misinformation about COVID. In a since-deleted letter to his manager and record label that was published on his website, Young had stated, "You can have Rogan or Young. Not both." His original statement drew attention to an issue about which little is known: disinformation on podcast streaming platforms such as Spotify. Young accused the streaming service of spreading "false information about vaccines - potentially resulting in the death of those who believe this … [Read more...] about Misinformation In Podcasts: Spotify Removes Neil Young’s Music After Singer’s Protest