Business Category

December 5, 2018

Wall Street Rule for the #MeToo Era: Avoid Women at All Cost

Across Wall Street, men are adopting controversial strategies for the #MeToo era and, in the process, making life even harder for women. Call it the Pence Effect, after U.S. Vice…

November 29, 2018

Jobless Claims Hit Six-Month High

Filings for U.S. unemployment benefits rose for a third week to the highest level since May, potentially reflecting volatility around two consecutive periods that included holidays. Jobless claims increased by…

September 10, 2018

Nike Sales Increase 31% After Kaepernick Ad Despite Backlash

  Despite the backlash in the wake of Nike’s endorsement deal with Colin Kaepernick, the sportswear company has reported a 31% increase in sales. Nike sales grew 31% from Sunday through Tuesday…

August 28, 2018

Kylie Jenner Is Adidas’ Newest Ambassador

Kylie Jenner has officially announced she is the latest ambassador for Adidas Originals via her Instagram account. In recent weeks, she has been frequently seen wearing the Adidas Falcon.  …

August 19, 2018

Kevin Spacey Flick Billionaire Boys Club Earns Pitiful $126 on Opening Day

Things are not looking good for Kevin Spacey‘s new movie Billionaire Boys Club. On its first day, the flick reportedly raked in only $126. The dismal showing was first reported…

August 17, 2018

Tesla’s value plunges by $4.6BILLION after tearful CEO Elon Musk pleads for someone to take his job

  Tesla’s share price plummeted today after embattled CEO Elon Musk gave  an extraordinary interview during which he burst out in tears, asked for someone to take his job and admitted he…

August 6, 2018

YouTube, Facebook and Apple ban Infowars content

  Facebook has followed Apple in taking action against Infowars’ creator Alex Jones. Both firms said the conspiracy theorist’s content violated their policies around hate speech and violence. The idea…

June 29, 2018

‘So, that’s why it’s called Bluetooth!’ and other surprising tech name origins

  The hidden, and occasionally accidental, history of common tech brand names. such as Google, Apple, Nintendo and Bluetooth.   Source: ‘So, that’s why it’s called Bluetooth!’ and other surprising…

June 20, 2018

Starbucks to close 150 stores next year, Struggling to compete

Starbucks will close 150 poorly performing company-operated stores next year, about three times as many as it typically closes. The affected stores are located in mostly urban areas. Starbucks faced a…

June 20, 2018

Japanese company issues apology to customers after worker takes 3 minute lunch break

  A 64-year-old male staff member at the Kobe City Waterworks Bureau on the outskirts of Osaka, Japan, took approximately 78 minutes of lunch break over the course of seven…