Business News
Wendy's Sends Fans on an Internet Scavenger Hunt
AdWeek - 5 May 2020 02:10
Wendy's is giving away $5,000 in gift codes through Friday (April 8), but there's a catch: Fans have to search the internet for them. The fast-food chain will share hints via its Twitter account every day, with the clues...
China Friendship Costs Andrew Forrest $900 Million In A Week
Forbes - 5 May 2020 03:43Pandora's New Campaign Responds to a Surge in Smart Home Device Listening
AdWeek - 5 May 2020 21:46
Many people are turning to smart home devices for the first time as the coronavirus pandemic forces them inside, according to a new set of listening trends from Pandora. The Sirius XM-owned digital audio company tracked ...
Why the Crisis Is Putting Companies at Risk of Losing Female Talent
Harvard Business Review - 5 May 2020 14:45
And what leaders can do to prevent it.
The Wall Street Journal: United Airlines to slash 30% of management jobs starting in October
Market Watch - 5 May 2020 04:35
United Airlines Holdings Inc. expects to shrink its management and administrative ranks by at least 30% starting in October, according to a memo sent to employees Monday, as the coronavirus pandemic wreaks havoc on the a...
Soda Brands Are Moving Into the Niche Energy Drink Category
AdWeek - 5 May 2020 00:00
High-octane sports typically go hand in hand with caffeinated dudes downing energy drinks to enhance their performance. Case in point: Category leaders Red Bull and Monster Energy posted videos on their respective social...
Carnival Plans August Return--4 Days After Congress Initiated Investigations Into the Company
AdWeek - 5 May 2020 21:06
Carnival, the world's largest cruise line, announced that it would begin to "phase in" its service in North America beginning in August, only a week after the Center for Disease Control's (CDC) no sail order lifts for th...
How To Save Your Business Through Downturn Management-Plus PPP, EIDL, And Main Street Lending: What's The Latest?
Forbes - 5 May 2020 20:43California Sues Uber, Lyft Over Driver Classifications
Wall Street Journal - 5 May 2020 20:41Uber Eats Plans To End Operations In Eight Markets
Forbes - 5 May 2020 05:55Gold's Gym files for bankruptcy due to coronavirus closures
CBSNews - 5 May 2020 04:16
"No single factor has caused more harm to our business than the current COVID-19 global pandemic," the company announced.
The Wall Street Journal: WeWork co-founder Adam Neumann sues SoftBank over collapse of $3 billion deal
Market Watch - 5 May 2020 04:06
WeWork's co-founder and former chief executive Adam Neumann sued SoftBank Group Corp., accusing the Japanese technology group of breaking a key provision of a deal that gave SoftBank control of the shared-office-space co...
Impossible Foods, Beyond Meat see spike in demand as coronavirus wreaks havoc on meat supply
Market Watch - 5 May 2020 23:34
Impossible Foods, which has expanded rapidly to more than 1,000 retail outlets in the past three months, on Tuesday said its flagship Impossible Burger product will be available at 1,700 Kroger Co. stores.
Chris Christie Joins 6 Politicians Who Say America Should Go Back To Work As Coronavirus Deaths Mount
Forbes - 5 May 2020 21:30US trade gap surges to $44.4 billion as coronavirus savages business
New York Post - 5 May 2020 20:51
The US trade deficit rose in March as the coronavirus outbreak battered America's trade with the world. The Commerce Department reported Tuesday that the gap between what the US sells and what it buys abroad widened 11.6...
3 Things To Watch When The Jet Fuel Runs Out
Forbes - 5 May 2020 16:29GigaSpaces raises $12 million to accelerate AI workloads with in-memory computing
Venture Beat - 5 May 2020 16:25
Startup GigaSpaces announced that it raised $12 million to further develop its in-memory computing platform for big data analytics workloads.
Ex-Dividend Reminder: Lamb Weston Holdings, Starbucks And Walmart
Forbes - 5 May 2020 16:17What Is A Business' Responsibility In A Pandemic?
Forbes - 5 May 2020 14:10DuPont slashes capital expenses, increases cost savings
CNBC - 5 May 2020 12:25
Industrial materials maker DuPont on Tuesday slashed its capital expenditure by about $500 million and raised its annual cost-savings target to counter global trade uncertainties brought on by the coronavirus outbreak.
Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment
CNBC - 5 May 2020 23:54
This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman.
Pinterest drops after reporting slowing user growth in first quarter results
CNBC - 5 May 2020 23:46
Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results.