Tuesday, May 23, 2023

Economy

Disney set to lay off workers, mostly from theme parks

Entertainment giant, The Walt Disney Company will be laying off about 32,000 workers, mostly from its theme parks, as it continues to struggle with a lack of customers amid the COVID-19 pandemic. The cuts are expected...

Saks Fifth Avenue Unveils Holiday Window And Light Show Experience

Saks Fifth Avenue revealed its iconic holiday window display and ten-story-tall theatrical light show at its New York flagship with a reimagined, one-of-a-kind event concept titled, Saks Lights Up Fifth Avenue. In lieu of closing down...

Dow surges past 30,000 mark for the first time in history

The Dow Jones industrial average surged past the 30,000 mark for the first time in history on Tuesday as Wall Street reacted to a peaceful transfer of power in Washington. The blue-chip index was...

GM in favor of stricter fuel standards pivoting from Trump to Biden

General Motors announced the company will immediately step away from Trump's administration efforts to scale back strict fuel economy standards in California and work with President-elect Joe Biden on plans that align more with environmental and climate change...

Microplastics have made their way near the top of Mount Everest

Researchers analyzing snow and stream samples from the National Geographic and Rolex Perpetual Planet Everest Expedition have found evidence of microplastic pollution on Mount Everest. While the highest concentrations of microplastics were around Base Camp where hikers...

Due to COVID-19 pandemic, U.S. Seafood Industry Flounders

The ongoing coronavirus pandemic is putting a hurt on the seafood industry, finds the largest study of COVID-19 on U.S. fisheries, which suggests that American fishmongers may flounder – or go belly up – without more government...

G-20 summit ends with global support for vaccines for all

Leaders of the world’s 20 biggest economies have said they would ensure an affordable and fair distribution of COVID-19 vaccines, drugs and tests around the world so that poorer countries were not left out, according to a...

Wendy’s Moves To Buy Approximately 400 Of Its Restaurant from bankruptcy

Fast food giant, Wendy’s Co. is bidding to buy approximately 400 of its restaurants out of bankruptcy from NPC Quality Burgers, a bankrupt franchisee owned by NPC International Inc. According to reports, the...

US jobless claims rise to 742,000

The number of Americans filing for unemployment benefits rose last week to 742,000, the first increase in five weeks. Experts point to the second viral outbreak is most likely slowing the economy and forcing more companies...

HelloFresh taps Mindy Kaling to promote the fun of home cooking

HelloFresh launched a partnership with actress and comedian Mindy Kaling. Throughout the program, the self-proclaimed “solid B-minus cook,” and busy mom of two shares her no-fail tips for conquering mealtime, while having fun along the way with...
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Latest News

Actress Katherine Heigl’s dog nutrition Brand, BADLANDS RANCH, Sells Over 1 Million Units in less than a year of launch

Badlands Ranch™, founded by actress, animal advocate, and philanthropist Katherine Heigl, has sold over 1 million bags of...
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Silicon Valley Bank shuts its doors after failing to raise capital

In stunning news of events, Silicon Valley Bank collapsed Friday morning when California regulators closed down the tech lender and put it under...

BIOBIZ: Pfizer’s migraine nasal spray gets FDA approval; Olema Oncology cuts staff by 25%; Ansa Biotechnologies creates world’s longest DNA oligonucleotide; Indaptus doses first...

Pfizer has announced the U.S. Food and Drug Administration (FDA) has approved ZAVZPRET™ (zavegepant), the first and only calcitonin gene-related peptide (CGRP)...

Americans planning frugal uses for their 2023 tax refunds

Americans likely are receiving smaller tax refunds than they have in recent years, and most people will not be going out to...

The State of Remote Work Three Years After COVID Emptied Offices

The unimaginable happened in March 2020. Many employers shuttered their offices and told their employees to work from home. Today, although office...