Ad Start-Up Media Storm Wants Accountability in Advertising
Craig Woerz, managing partner at Media Storm, said a certain amount of regulation might be good for an ad industry buffeted by concerns over transparency.
For full interview [click here](https://cheddar.com/videos/how-advertising-agencies-get-away-with-charging-clients-fees-without-disclosing-the-amount).
Even as the number of instances of child labor labor violations surged in recent years, lawmakers in some states have worked to ease the use of minors in often dangerous working conditions.
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
