Business

Company That Speeds Up Whiskey Aging Raises $2.6 Million in Seed Funding

Bespoken Spirits, a startup with technology that accelerates the aging of whiskeys, has raised a seed funding of $2.6 million.…

Read More »

Domino’s Pizza Shares Dropped Despite Strong Third-Quarter Sales

Domino’s Pizza’s earnings still fell short of expectations despite strong sales in the third quarter of 2020 as the company’s…

Read More »

Dollar General Creates Popshelf Stores Aimed to Attract Wealthier Women Shoppers

American bargain chain Dollar General will launch a new concept store with much pricier items. The two new Popshelf stores…

Read More »

Clean Energy Maker NextEra Is More Valuable Than Exxon, but Briefly

Last week, renewable energy company NextEra Energy surpassed petroleum giant ExxonMobil in terms of valuation. Even though it did not…

Read More »

Singapore Allows Cruise Lines ‘to Nowhere’ by Next Month

Starting next month, Singapore will allow the sailing of cruise ships heading “to nowhere,” the country’s tourism agency announced. The…

Read More »

Insect-Based Food Maker Ÿnsect Raises $372M in Investment, to Build Largest Insect Farm in France

Among other companies, Footprint Coalition, a green tech firm launched by Hollywood actor Robert Downey Jr., has invested in insect-based…

Read More »

Exxon Mobil to Reduce its Workforce in Europe

Energy giant Exxon Mobil this week said that it could axe more than a thousand jobs in its European affiliates.…

Read More »

Porsche’s Taycan Becomes Their Best-Selling Model in US After Brand’s SUVs

The title of Porsche’s best-selling car in the US for the third quarter goes to its all-electric vehicle, the Taycan.…

Read More »

Petco Announces It Will No Longer Sell “Shock Collars”

American animal pet store chain Petco has recently announced that it will no longer sell particular “shock” collars. The decision…

Read More »

Asian Billionaire Mukesh Ambani Gains $855m Funding From Abu Dhabi Firm

The richest Asian has received another multi-billion dollar investment for his retail business. Mukesh Ambani has managed to raise about…

Read More »

Atlanta Falcons to Employ Drones in Sanitizing Mercedes-Benz Stadium

Drones will disinfect the arena at the Mercedes-Benz Stadium in Atlanta, the first professional sports venue to have such. The…

Read More »

US Unemployment Rate Drops to 7.9 Percent for the Month of September

When the pandemic struck the US, millions of people lost their jobs as businesses struggled amid lockdowns. But in September,…

Read More »

Former Amazon Finance Manager Accused of Illegal Trading

Last week, the Securities and Exchange Commission charged an ex-finance manager of e-commerce behemoth, Amazon, for insider trading. On September…

Read More »

Nikola Maintains that Deal with GM Still in Talks Amid Fraud Allegations

Nikola has received allegations of fraud about the six-year-old startup’s technology and Trevor Milton, the founder. Last week, Milton left…

Read More »

Shell Said It Plans to Layoff Up to 9,000 Jobs

Energy giant Royal Dutch Shell said that it will layoff as much as 9,000 employees, accounting for about 10 percent…

Read More »

Nordstrom to Drop Selling Products Made of Fur and Exotic Animal Skin

Luxury department store chain Nordstrom announced that it will ban the retail of products with fur or skins of exotic…

Read More »

Cracker Barrel to Offer Beer and Wine in Select Stores

American company Cracker Barrel updates its menus across nearly a hundred chains by adding alcoholic drinks. Actually, it marks the…

Read More »

IATA Backs Rapid Testing Among Airports Amid Low Air Travel Demand

As demand for air travel lowers in the pandemic, carriers implement several strategies to survive. It could mean wavering the…

Read More »

Labor Department Announces New Proposed Change in Classifying Workers

This week, the United States Department of Labor proposed a new classification rule among workers. The proposed scheme would categorize…

Read More »

Japan to Ease Internat’l Travel Restrictions for Some Countries by October

Japan could allow entry from overseas gradually in October, according to a Nikkei Asian Review article. It comes as the…

Read More »
Back to top button