Sunday August 18, 2019

Archive for the ‘Business’ Category

London to get ‘world’s first’ infinity pool with 360-degree views

For thrill-seeking swimmers, the chance to take a death-defying dip might not be far away. Plans to build a rooftop infinity pool — with 360-degree views of the London skyline — are in motion.  More…

Steak ‘n Shake CEO says this 1 change to chain’s signature milkshakes could save $1M a year

The iconic diner-like chain, which is primarily concentrated in the Midwest, reported a nearly $19 million operating loss in the first quarter of 2019. That’s in addition to the whopping $10.7 million sales loss it suffered in 2018 — its second-straight year in the red. To make a comeback, Steak n’ Shake chief executive Sardar Biglari apparently floated an unusual idea to save establishments some cash: eliminate cherries.  More…

Wrangler’s collab with rapper Lil Nas X gets boycotted by fans

For those who didn’t know, country fans take their jeans seriously — very seriously. Wrangler came under fire this week after launching a denim collaboration with rapper Lil Nas X, which is inspired by his hit song, “Old Town Road.” Fans have started boycotting, claiming “true cowboys” would never wear the new duds — or listen to Lil Nas X.  More…

Retail Apocalypse: These big retailers closing stores, filing for bankruptcy

Some of the United States’ most prominent retailers are shuttering stores or declaring bankruptcy in recent months amid sagging sales in the troubled sector.  More…

Impossible Foods adds meatless sausage to Little Caesars pizza

Plant-based burger maker Impossible Foods is debuting its second product — meatless sausage crumbles — on Little Caesars pizza. Little Caesars will start testing the Impossible Supreme Pizza on Monday. The $12 pizza also comes with mushrooms, caramelized onions and green peppers.  More…

New Hampshire cafeteria worker fired for providing student free meal declines job offer, back pay

The New Hampshire school cafeteria worker who was fired after providing a student with a free lunch has declined the food vendor’s offer to rehire her with back pay. Bonnie Kimball was fired last month by Fresh Picks Café, a division of Café Services, Inc. after she gave a student a free meal when she discovered that he had no money on his account to pay for it.  More…

AOC superhero alter ego shut down by DC comics

Alexandria Ocasio-Cortez may be a heroine to legions of fans, but Wonder Woman, she ain’t — so says DC Comics. The publisher issued a cease-and-desist to a small comics company barring it from selling covers of the freshman Democrat in attire resembling that of Wonder Woman, according to comics sites.  More…

Billionaire vows to pay student loans at graduation ceremony

Now that’s a motivational speech they can really take to the bank. Billionaire tech investor Robert F. Smith stunned college graduates on Sunday as he gave their commencement speech — offering to pay their student debts despite it costing an estimated $40 million.  More…

Coca-Cola billionaire arrested after private jet search turns up $1.3M in cannabis

A Greek billionaire and heir to the Coca-Cola fortune was arrested on the Caribbean Island of St. Kitts after a search of his private jet uncovered more than $1.3 million worth of cannabis on board.  More…

Uber’s first employee, who’s now a billionaire, credits his success to this 1 tweet

Ryan Graves tweeted Uber Opens a New Window.  co-founder Travis Kalanick Opens a New Window. a "tip" in 2010 — and nearly a decade later, became a billionaire. The 35-year-old businessman, who’s also the founder and CEO of Saltwater, reached out to Kalanick provided his email address after the billionaire businessman said he was looking for potential employees for a start-up company.  More…

Google favors left-leaning outlets CNN, New York Times in its Top Stories algorithm

Google’s Top Stories box provides users with articles from left-leaning news organizations such as CNN 62.4 percent of the time — with only 11.3 percent coming from outlets that are considered conservative, according to a study by Northwestern University researchers.  More…

Lauren Sanchez pressuring Jeff Bezos to make their public debut

Expect Jeff Bezos and Lauren Sanchez to make their first official public appearance as a couple later this month. Sanchez — who was recently overheard at high-profile spot Nello complaining about how she wants to keep a low profile — is ­“obsessed with the fact that she has become famous,” a source told Page Six.  More…

Drugs, sex and death inside the infamous Chateau Marmont

Of all the jaw-dropping things — movie-star affairs, secret parties and tragedies of many stripes — that have happened at the Chateau Marmont hotel in West Hollywood, the most notorious remains comedian John Belushi’s 1982 drug death. Lesser known, however, are the stories of celebrity copycats who seemingly wanted to follow in his footsteps.  More…

San Francisco residents use parking spots as makeshift offices

San Francisco real estate has gotten so expensive some people are now paying $2.25 an hour to occupy a parking spot in order to set up makeshift offices to work remotely.  More…

Florida man rich enough to buy private island busted for shoplifting

A wealthy Florida Keys man found the dough for an $8 million island off Key West –but was apparently too cheap to cough up the cash for household items he stole them from Kmart.  More…