Author: streetwiseir

All-purpose cleaner is expected to eliminate bacteria, not spread it. Around 37 million bottles of Pine-Sol cleaning products have been recalled due to the risk of containing bacteria harmful to individuals with compromised immune systems. No injuries have been reported yet. According to CNN Business, the following products have been recalled: Pine-Sol scented multi-surface cleaners (lavender clean, sparkling wave and lemon fresh scents) CloroxPro Pine-Sol all-purpose cleaners...

This year, the avian flu, inflation and shortages are raising the prices of turkeys and making them harder to find.  The avian flu, tragically, has wiped out 3.6 percent of the nation’s turkeys (7.3 million birds) this year, according to The New York Times. The avian flu is a highly contagious strain of the influenza virus that spreads among different species of domestic and wild birds....

Another update in the months-long journey of President Biden’s student debt forgiveness came on Friday. A United States appeals court temporarily blocked the plan from moving forward.  President Joe Biden first announced his plans to forgive up to $20,000 for borrowers across the country. Since the applications went live in mid-October, 22 million Americans have submitted the form, according to CNBC.  However, after the policy was announced,...

Apple subscribers were hit with an increased subscription fee on Monday for Apple TV+, Apple Music and Apple One…are you surprised? Rising prices have dominated the news this year and we have seen a price increase on almost everything.  Access to Apple TV+ now costs $6.99 compared to the previous price of $4.99 per month. Apple TV has a smaller library of content yet is still priced...

Beyond Meat has made headlines yet again, this time for their newest product: Beyond Steak. Beyond Meat states that its new steak substitute is made from faba bean protein and has a lower saturated fat content than beef steak and contains 21 grams of protein and no cholesterol. According to CNBC, Beyond Steak will be available at “more than 5,000 Kroger and Walmart stores, as well as...

Starbucks announced on Wednesday its plans to sell Seattle’s Best Coffee brand to Nestlé.  In 2018, the two companies set up a partnership called the Global Coffee Alliance. “Nestlé paid roughly $7.2 billion for the right to license packaged coffees, teas, and ready-to-drink (RTD) beverages from Starbucks,” according to The Motley Fool.  Nestlé already owns a long list of food and beverage companies including the Nescafe, Nespresso,...

Pickleball, the fastest-growing sport in America, has gained incredible popularity over the last few years, and now, even celebrity athletes want in on it. Pickleball was started in 1965 with ping-pong paddles and a perforated plastic ball. According to USA Pickleball, Joel Pritchard and Bill Bell were hanging out at Pritchard’s home in Bainbridge Island, Washington with their families and needed something to keep them entertained....

On Wednesday, BMW announced its plans to invest $1.7 billion to build electric cars in the United States.  According to Reuters, the German automaker announced that $1 billion of the investment would go into its Spartanburg, South Carolina plant to prepare for the production of electric vehicles. BMW will also spend $700 million on a new high-voltage battery assembly facility in Woodruff, South Carolina which will...

Netflix is on its way back to the top. The company’s third-quarter earnings report brought good news. It showed a beat on both top and bottom lines in addition to adding 2.41 million subscribers. This far surpassed their forecast for 1 million gained subscribers.  On Tuesday, Netflix shares jumped more than 14%, according to CNBC. Netflix is not growing as fast as it was years ago. The...

Last Tuesday, the Biden Labor Department released a proposal that might result in raised costs for companies like Lyft, Uber, Instacart and Doordash. According to CNBC, the proposal “could pave the way for regulators and courts to reclassify gig workers as employees rather than independent contractors.” CNBC also reported, “Shares of Lyft fell nearly 10% on Tuesday morning, while Uber dropped 8% and DoorDash shed 6%.” When...