Author: streetwiseir

Starbucks will be opening a new Reserve location in the Empire State Building on November 16. According to the company, it is “like nothing you’ve seen before.” The new location will take up 23,000 square feet and three floors of the Empire State Building, Foodgressing reported.  If you are not super familiar with the coffee chain, you may be wondering “What is Starbucks Reserve?” According to the...

GM (General Motors) suspended its paid Twitter advertising directly after Elon Musk took over the platform. GM told CNBC on Friday that the company will continue to engage with customers on the social media platform but they will not be paying for advertising. The future of Twitter seems to be unknown, and GM explained in an emailed statement to CNBC, “We are engaging with Twitter to understand...

Walmart announced last week that it will be expanding its digital storefront, The Netflix Hub. The expansion brings a new Netflix Streaming Gift card and more opportunities to bring fans closer to the shows they love.  According to a press release published by the company, “Walmart customers will find even more music, apparel, collectibles, games and seasonal items from all their favorite shows and films including...

Elon Musk is not wasting any time. After Musk took control of Twitter for $44 billion last Thursday, he promptly fired CEO, Parga Agrawal, and Financial Chief, Ned Segal. Now, rumors are swirling that Musk has plans for even more job layoffs. According to The Wall Street Journal, the layoffs “are expected to reduce engineering positions as well as affect other areas at the company, according to...

Say goodbye to the Ford Fiesta. Ford announced this week that European production for the Ford Fiesta sedan will come to an end in 2023. The vehicle, first produced in 1976, has been replaced with a focus on electric vehicles.  Ford’s plans to end European production of the Fiesta are a step in the company’s major journey to bringing electric vehicles to all customers. Quartz reported that...

Are you tired of increased flight prices, delays and the stress of flying? Let me introduce you to luxury bus travel.  Traveling by bus is not what it used to be. Get that stinky, cramped, unpleasant image out of your head. Luxury buses focus on comfort and overnight accommodations, encouraging a restful night’s sleep.  Luxury bus companies are now making headlines by being comparable to a red-eye...

The ongoing Twitter battle seems to have come to an end with Elon Musk tweeting, “the bird is freed” last Thursday.  CNBC learned that Twitter CEO, Parga Agrawal, and Financial Chief, Ned Segal, left the company’s headquarters on Thursday and will not return. It was also reported by the Washington Post that the head of policy, trust and safety had been fired.  Here’s a brief breakdown of...

Amazon announced on Tuesday that they are introducing Venmo as a payment option.  Starting Tuesday, select customers will be able to make payments through Venmo on Amazon platforms. All U.S.-based customers will have access to the new payment option by Black Friday and the holiday season.  TechCrunch explained how Amazon users can now pay through Venmo. “To pay through Venmo, users will need to first add their...

On Wednesday, Bed Bath & Beyond announced that interim CEO, Sue Gove, would take on the position permanently.  The company named Gove interim CEO in June after Mark Tritton, former CEO, made his exit. According to Bed Bath & Beyond’s website, “Gove has been an Independent Director of Bed Bath & Beyond Inc. since May 2019. Throughout her tenure, Sue served two years as a member...

In a statement on Tuesday, Adidas officially announced the ending of its partnership with Ye, also known as Kanye West, effective immediately.  Adidas is following suit with many other companies that severed ties with West this month after a slew of antisemitic comments and hate speech. According to a statement made by Adidas, the company explained it “does not tolerate antisemitism and any other sort of...