Business

Delta Reports Third-Quarter Losses Amid Pandemic Dragging Demand for Air Travel

Delta Air Lines reported its third-quarter performance, and as the health crisis continues, the carrier reports huge losses amind limited…

Read More »

Investment Banks Sued for Allegedly Aiding to Flint Water Crisis

Residents of Flint, Michigan slammed three investment banks for allegedly exposing thousands of children to contaminated water through their bond…

Read More »

Premier Inn’s Parent Company Whitbread to Axe Up to 6,000 Jobs Amid Low Demand

Whitbread, the British parent company of Premier Inn, could remove 6,000 of its employees as its hotels continue to see…

Read More »

SEC Sends Wells Notice to GE’s Finance Division Over Insurance Losses

The US Securities and Exchange Commission has sent a Wells notice to General Electric over the company’s possible violations of…

Read More »

Accenture Chief Tops Fortune’s List of Most Powerful Women in Business

This week, Fortune has released its annual list of the Most Powerful Women in Business, in which Accenture chief executive…

Read More »

American Girl Creates Dolls in the Likeness of Frontline ‘Heroes’

American Girl pays tribute to frontline workers on their new dolls. American Girl dolls paid tribute to the frontline workers…

Read More »

Regulators Penalize Citibank Over ‘Unsound’ Risk Management Practices

Citibank agreed to pay a fine of $400 million after the banking regulators cited the company’s deficiencies and unsound practices…

Read More »

CVS to Add 15,000 Workers to Prepare for Flu Season, Possible COVID-19 Spike

In the coming months, CVS Health said it will add 15,000 more workers to prepare for the flu season and…

Read More »

Lowe’s to Introduce Free Delivery of Christmas Trees, Begins ‘Seasons of Savings’ This Week

Lowe’s has introduced a Christmas tree delivery service, which is free of charge for orders of $45 and up. With…

Read More »

New York Has Finally Enforced Its Statewide Ban on Plastic Bags

New York has now implemented a ban on plastic bags, after several months of delay. After several months of delay,…

Read More »

Study Reveals that 61% of Jobseekers Want to Jump to Other Industries

An Amazon-commissioned study found out that more than half of the job seekers intend to transition into a new industry…

Read More »

Hotel CEOs Seek Trump’s Help to Save the Lodging Industry

Various hotel CEOs wrote a letter to US President Donald Trump seeking help to save the accommodations industry, citing that…

Read More »

Alibaba Wants to Acquire Controlling Stake at Supermarket Chain SunArt

Chinese e-commerce giant Alibaba said it intends to increase its stake in Sun Art, a large chain of supermarkets in…

Read More »

Ousted Chief of WeWork, Adam Neumann, Invests $30M in Hello Alfred

The former CEO and co-founder of WeWork, Adam Neumann, invested $30 million in a startup called Alfred. The former chief…

Read More »

Coca-Cola to Discontinue Diet Soda TaB as Part of Streamlining Product Portfolio

Coca-Cola said it will stop selling TaB and other of its “underperforming” products by December 31. Coca-Cola had announced on…

Read More »

Thousands of Staff Urge Amazon to Give Workers Paid Time off on Election Day

Thousands of Amazon employees had petitioned to Amazon to give their workforce paid time off on Election Day. Last week,…

Read More »

Indian Jewelry Promo Ad Featuring Interfaith Relationship Removed Over Online Rage

Indian jewelry brand Tanishq pulled out the promo ad featuring interfaith relationship after it met criticisms online. A jewelry company…

Read More »

KFC Introduces New Sauce to Replace the One Named After Scrutinized Tagline

KFC launches a new sauce that replaces “Finger Lickin’ Good” sauce with new recipe and updated title, months after it…

Read More »

United Airlines Reports $2.4BN in Losses Amid Depressed Demand for Aviation

Major US carrier United Airlines has posted another huge loss, with the third quarter’s $2.4 billion in losses, as the…

Read More »

Sam’s Club to Add 2,000 Permanent Staff, to Extend Several Shopping Events

Sam’s Club last week announced that it will hire 2,000 more permanent workers as the holiday season approaches, and intends…

Read More »
Back to top button