Brand Story

Analyst Breakdown

• In a press release earlier this week, United Way Worldwide tried and failed to clear itself of wrongdoing in response to federal charges of sexual harassment, discrimination and retaliation filed by three former female employees and first reported by HuffPost
• The nonprofit, one of the largest in the country, said that a law firm it hired had done an “independent” investigation that was “thorough, thoughtful, and dutiful
• ” United Way said the firm, Proskauer Rose, found no evidence of “actionable harassment, discrimination or retaliation,” with regards to the employees’ complaints

Analyst Breakdown

• WASHINGTON (Reuters) — Amazon
• com Inc agreed to pay more than $61
• 7 million to settle allegations it cheated Amazon Flex drivers out of nearly one-third of tips from customers for more than two years, the Federal Trade Commission said on Tuesday

Analyst Breakdown

• (Reuters) ― Amazon
• com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time
• The transition, slated for the third quarter, will make current cloud computing chief Andy Jassy Amazon’s next chief executive officer

Analyst Breakdown

• In the most basic terms, the battle over GameStop stock is a David-and-Goliath story, pitting old against new, “smart money” against “dumb money,” the Wall Street establishment against everyone else
• Who wouldn’t want to root for the underdog
• Of course, it’s all a bit more complicated than that

Analyst Breakdown

• Another bout of selling gripped the U
• stock market Friday, as anxiety mounts over whether the frenzy behind a swift, meteoric rise in GameStop and a handful of other stocks will damage Wall Street overall
• The S&P 500 dropped 1

Analyst Breakdown

• Fed up with mismanagement at the top, as many as 220 local chapters of the United Way have stopped paying dues to the organization’s home office, United Way Worldwide, cutting off a crucial source of funding at a time of layoffs and uncertainty for the major nonprofit, where CEO Brian Gallagher has been accused of fostering a “boys club” that’s led to allegations of sexual harassment and retaliation
• Current and former United Way employees who spoke with HuffPost and are familiar with the discussions said that Gallagher’s fate is uncertain
• The United Way Worldwide board was scheduled to meet Thursday to discuss whether it was time for him to exit, according to a current employee at a major branch of the nonprofit