Business News

The creator of M&M’s, Mars, announced that an “all-female” candy package will be hitting the shelves starting this month. The package, which will only include green, brown and purple-colored candies, was created to “celebrate women everywhere.” The wrapper features three women characters shown upside down to display how the company is honoring women who are “flipping the status quo.” “M&M’s announced its plan to donate $1 for...

The former CEO of McDonald’s, Stephen Easterbrook, has agreed to repay more than $52.7 million in a settlement with the United States Securities and Exchange Commission (SEC). The SEC charged Easterbrook with defrauding “the company’s investors by lying about sexual relationships with company subordinates while he was CEO, resulting in a separation compensation that he should not have received because of the alleged fraud,” according to Yahoo Finance. Easterbrook...

On Monday, more than 7,000 nurses walked out of the hospital demanding better working conditions, staffing policies and high salaries.According to CNN, the nurses claim they are working in unsafe conditions for long hours, without enough pay. “After bargaining late into the night at Montefiore and Mount Sinai Hospital yesterday, no tentative agreements were reached. Today, more than 7,000 nurses at two hospitals are on strike...

‘Avatar: The Way of Water,’ the sequel to the original ‘Avatar’, which is the highest-grossing movie in film history, has big shoes to fill. So far, the movie is living up to the expectations.  ‘Avatar: The Way of Water’ has dominated the box office for the fourth weekend in a row. According to Fox Business, the global box office earnings have reached just over $1.7 billion,...

2022 was a devastating year for Bed, Bath & Beyond and it might never bounce back.  Last Thursday, the company made the grim announcement that a bankruptcy filing is possible in the future. Bed, Bath & Beyond “has concluded that there is substantial doubt about the company's ability to continue as a going concern,” according to the press release.  The company stated its expected net sales as...

Delta Airlines announced that beginning on February 1, “fast and free” Wi-Fi will be “available for everyone.”  The Wi-Fi service will be available on 80% of Delta’s planes starting next month and will continue to be added to more plans each week, according to CEO Ed Bastian.  Passengers will access the free internet service by logging in with their Delta SkyMiles frequent flyer account. Passengers who are...

Layoffs are reportedly set to continue into the new year. The CEO of Amazon, Andy Jassy, acknowledged the cut in a letter to staff on Thursday.  “Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments,” he wrote. “Those decisions will be shared with impacted employees and organizations early in 2023.” On Wednesday, the...

The psychedelic market is evolving. According to Washington D.C.-based journalist, Dave Hodes, decriminalization and legalization of psychedelics is advancing across the nation. Also, awareness of the benefits of psychedelic drugs and mental health is growing.  According to a study done by Data Bridge Market Research, “The global psychedelic drugs market is expected to gain market growth in the forecast period of 2022 to 2029.” Specifically, “the...

Victoria’s Secret Brand CEO, Amy Hauk, has abruptly resigned just eight months into the position, the company announced on Tuesday. Hauk’s reasoning for leaving was cited as “to spend more time with her family in Florida.”   Hauk will also be parting ways with Victoria’s Secret’s sister company, PINK, which she served as CEO as well. She will leave both positions at the end of March. Hauk was...

Starbucks has introduced a new item as part of its winter menu while cold drink popularity increases. On Tuesday, the Pistachio Cream cold Brew was unveiled. According to Starbucks’ website, the drink is described as, “Starbucks® signature cold brew sweetened with vanilla syrup, topped with a silky, pistachio cream cold foam and finished with salted brown-buttery sprinkles for a sweet treat to start up any winter...