Latest Professional services News

New Orleans is finally paying millions of dollars in decades-old legal judgments

Aug. 23, 2024 13:59 PM EDT

NEW ORLEANS (AP) — Decades of unpaid money judgments owed by the city of New Orleans may finally be paid soon. New Orleans City Council on Thursday voted to make payments on a variety of legal judgments including wrecks that involved police cars and disputes over city contracts,...

As the Middle East frets about conflict, Dubai booms with an influx of anxious wealth

Aug. 16, 2024 03:56 AM EDT

DUBAI, United Arab Emirates (AP) — As conflict casts a shadow across the Middle East, people are getting rich in Dubai. The desert sheikdom’s economy is buzzing with tourism and construction as it positions itself as a safe haven in a region that's resting on a knife’s edge...

Luxury sales are flattening amid a self-inflicted creativity crisis and price hikes, study finds

Jun. 18, 2024 20:42 PM EDT

MILAN (AP) — The post-pandemic surge in global sales of luxury handbags, shoes and apparel is set to stall this year amid a creativity crisis and price hikes as brands shift focus to the biggest spending customers, a new study by the Bain consultancy said Tuesday. Bain is...

Thousands of drivers file arbitration claims against Amazon for unpaid wages and other losses

Jun. 11, 2024 16:19 PM EDT

NEW YORK (AP) — Thousands of delivery drivers filed legal claims against Amazon on Tuesday, alleging the company’s classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses. Two law firms spearheading the action...