Business
- Oct- 2020 -28 OctoberBusiness
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 » - 26 OctoberBusiness
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 » - 26 OctoberBusiness
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 » - 26 OctoberBusiness
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 » - 24 OctoberBusiness
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 » - 23 OctoberBusiness
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 » - 23 OctoberBusiness
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 » - 23 OctoberBusiness
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 » - 22 OctoberBusiness
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 » - 22 OctoberBusiness
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 » - 22 OctoberBusiness
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 » - 21 OctoberBusiness
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 » - 20 OctoberWorld
Virgin Hyperloop to Put Its High-Speed Transport Certification Facility in West Virginia
Virgin Hyperloop’s new $500 million Hyperloop Certification Center will be located in West Virginia. Virgin Hyperloop announced on October 8…
Read More » - 19 OctoberBusiness
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 » - 16 OctoberBusiness
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 » - 16 OctoberBusiness
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 » - 15 OctoberBusiness
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 » - 15 OctoberBusiness
Morgan Stanley to Acquire Eaton Vance for $7 Billion for ‘Strategic Transformation’
Morgan Stanley announced that it entered an agreement to buy Eaton Vance for $7 billion. American multinational investment bank Morgan…
Read More » - 14 OctoberBusiness
Century 21 Files for Bankruptcy Protection, to Close Retail Stores
Century 21 files for bankruptcy protection after failing to receive the insurance money the company believes it deserves. Century 21…
Read More » - 14 OctoberBusiness
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.…
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