March 2023

Sam Bankman-Fried, the founder of disgraced crypto company FTX, has been hit with five additional federal charges to which he has pleaded not guilty. The charges, according to CNN, involve fraud and conspiracy including one count of conspiring to bribe Chinese government officials with $40 million worth of cryptocurrency. This marks the 13th criminal charge against Bankman-Fried in what is described by prosecutors as one of...

Videos posted to TikTok this week revealed unfortunate events that took place at a Cold stone Creamery location in the United States. An anonymous employee shared videos on TikTok, originally posted on March 27, that showed fire suppression sprinkler malfunctioning and flooding the storefront, Fox Business reported. Although the videos have since been deleted, Fox Business was able to obtain details from the videos posted under a...

Jarman’s Midwest Cleaning Systems Inc. is voluntarily recalling several of its hand sanitizers due to the discovery of methanol by the Food and Drug Administration (FDA). The recalled products include Alcohol Antiseptic 80% Topical Solution Hand Sanitizer Non-sterile Solution and Isopropyl Alcohol Antiseptic 75% Topical Solution Hand Sanitizer Non-sterile Solution, according to a release by the FDA. The products come in a 1-gallon clear or plastic...

Starting April 3, Chick-fil-A will no longer be offering the side side as a menu option. The side salad has been a part of Chick-fil-A’s menu for more than a decade and customers are sad to see it go. According to Chick-fil-A’s website, the side is composed of “a fresh bed of mixed greens, topped with a blend of shredded Monterey Jack and Cheddar cheeses and...

Ahead of its 125th anniversary, Pepsi has decided to revamp the company’s logo. The new design replaces the one used since 2008 and features a bolder font while maintaining the classic blue and red colors. PepsiCo chief design officer, Mauro Porcini, told USA TODAY that the goal in redesigning the logo was to combine "great energy and confidence and boldness." Additionally, Pepsi’s chief marketing officer, Todd...

Chiptole has agreed to pay a fine to the former employees of a location it closed after the workers tried to form a union. According to the Kennebec Journal of Augusta, the $240,000 fine will be split between the former employees based on their seniority, pay rate, and other factors. Last June, employees filed a petition to form a union at the Augusta location and the following...

Uber Eats announced that it will be removing thousands of online-only brands from its app as a way to “declutter” and simplify things for customers. According to Fox Business, virtual brands are delivery businesses without physical storefronts and these companies “mushroomed on delivery apps during the pandemic, becoming a lifeline for eateries who used their empty kitchens and idle staff to test new ideas and make...

When it comes to skincare, the needs of tween/teen boys are often overlooked. And since teen boys are becoming more interested in their skin-care needs, according to senior beauty and personal care analysts with market research firm Mintel, Carson Kitzmiller, companies are starting to fill the gap. Dr. Sheilagh Maguiness created Stryke Club, an affordable skin-care line designed for male consumers ages 7 to young adulthood,...

Ford said it will lose $3 billion on its sales of electric vehicles to consumers in 2023. “Ford said those EV losses and the overall profit both come before expenses from interest and taxes. The $3 billion loss is roughly equal to what it lost on EVs on that basis the last two years combined. It said it lost about $900 million in 2021 and $2.1...

According to a survey from ESW, the world’s leading global direct-to-consumer ecommerce company, millennial shoppers prefer online shopping instead of visiting stores in person. The survey revealed that more than 27% of millennial shoppers say they will spend significantly more money online and less in-store this year. The survey depicts results across various categories including health and beauty, luxury, apparel and footwear and consumer electronics. “While early...