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McDonald's agrees to pay France $1.3 billion to settle a case accusing it of tax evasion over a 10-year period

  • June 17, 2022, 4:42 p.m.
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McDonald's is paying France $1.3 billion to settle a case accusing it of tax evasion. The figure includes a public interest fine of $530 million. France's financial prosecutor said it was the bigges

via www.businessinsider.com

Hundreds of SpaceX employees signed letter denouncing Elon Musk’s behavior

  • June 17, 2022, 3:42 p.m.
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It took less than a day and a half for more than 400 SpaceX employees to sign onto an open letter criticizing CEO Elon Musk after it was posted and shared by some of their co-workers in an internal ch

via www.theverge.com

Towns near Yellowstone fear impact of lost tourism season

  • June 17, 2022, 9:42 a.m.
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RED LODGE, Mont. (AP) — A gnawing uncertainty hung over the Yellowstone National Park gateway town of Gardiner this week following unprecedented flooding that shut down one of America’s most beloved n

via apnews.com

Apple retail workers in Maryland to begin voting in historic union election

  • June 17, 2022, 9:42 a.m.
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(CNN) Apple workers at a retail outpost in Towson, Maryland, are set to begin voting on Wednesday in a union election, with the potential to form the first labor union in one of the tech giant's US st

via www.cnn.com

SpaceX fires employees who wrote open letter complaining about Elon Musk

  • June 17, 2022, 4:42 a.m.
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SpaceX has fired a number of employees who wrote and shared a letter criticizing the behavior of CEO Elon Musk, with the company’s president criticizing the letter as “overreaching activism.” The ope

via www.theverge.com

Revlon, a Makeup Staple for Generations, Files for Bankruptcy

  • June 16, 2022, 4:42 p.m.
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For generations of women, Revlon’s red Fire & Ice, introduced in 1952, was the go-to lipstick shade on a Saturday night. In the ’70s, they spritzed Charlie perfume on their wrists, humming the ubiqui

via www.nytimes.com

How Amazon hammers small businesses

  • June 16, 2022, 2:42 p.m.
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I started selling toys online in 2009. In 2015, I opened a physical storefront for LI Toy & Game in Kings Park. Like many retailers today, I also sell on third-party marketplaces, including Amazon. It

via www.nydailynews.com

SpaceX employees draft open letter to company executives denouncing Elon Musk’s behavior

  • June 16, 2022, 12:42 p.m.
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An open letter to SpaceX decrying CEO Elon Musk’s recent behavior has sparked open discussion among the company’s employees in an internal chat system. Employees are being encouraged to sign onto the

via www.theverge.com

You Will Love This Cannabis Legalization News From Germany

  • June 16, 2022, 10:42 a.m.
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Germany’s Health Ministry announced that it will start holding hearings to discuss various aspects of legalizing cannabis sales for adult-use nationwide. It’s a huge announcement and moves Germany on

via cannatechtoday.com

B.C. has received more than $112M in excise cannabis taxes. None has gone to municipalities

  • June 16, 2022, 9:42 a.m.
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When Canada legalized cannabis in 2018, Port Coquitlam, B.C., like many other municipalities, began to quickly develop the framework for dispensaries to set up shop. Mayor Brad West said his city was

via www.cbc.ca

Independent booksellers grew in number, diversity in 2021

  • June 16, 2022, 7:42 a.m.
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This combination of photos show Los Amigos Books in Berwyn, Ill. The store, launched by Laura Romani, focuses on children's stories in English and Spanish. Laura Rodríguez-Romaní via AP Share this:

via brooklyneagle.com

Wells Fargo says the US will fall into recession after the Fed delivers its biggest rate hike since 1994

  • June 16, 2022, 5:42 a.m.
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Wells Fargo said the US economy will tip into a recession in 2023 after the Fed hiked interest rates by the most since 1994. The Fed's move caused analysts across Wall Street to lower their growth ex

via markets.businessinsider.com

American Airlines CEO vows to improve pilot pay as wages at other carriers rise

  • June 15, 2022, 10:42 p.m.
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FILE - American Airlines President Robert Isom speaks at a news conference about the company's new partnership with Alaska Airlines, Thursday, Feb. 13, 2020, in Seattle. American Airlines CEO Doug Par

via www.cnbc.com

Biden tells oil companies in letter 'well above normal' refinery profit margins are 'not acceptable'

  • June 15, 2022, 2:42 p.m.
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President Joe Biden on Wednesday called on U.S. oil refining companies to produce more, saying they need to help alleviate the burden of high prices on consumers. "At a time of war – historically hig

via www.cnbc.com

The teen who tracks Elon Musk's jet agreed to stop monitoring Mark Cuban's flights on Twitter after the billionaire offered business advice: 'By ending this you have me as a friend for life'

  • June 15, 2022, 1 p.m.
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Jack Sweeney said he stopped tracking Mark Cuban's jets on Twitter after Cuban reached out. The billionaire offered the teen business advice in exchange for the account being disabled. Sweeney made

via www.businessinsider.com

Independent booksellers grew in number, diversity in 2021

  • June 15, 2022, 11:42 a.m.
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This combination of photos show Los Amigos Books in Berwyn, Ill. The store, launched by Laura Romani, focuses on children's stories in English and Spanish. (Laura Rodríguez-Romaní via AP) This combin

via apnews.com

Lego to invest over $1 billion in U.S. brick plant

  • June 15, 2022, 10:42 a.m.
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COPENHAGEN, June 15 (Reuters) - Toymaker Lego on Wednesday said it will invest more than $1 billion in a factory in the United States to shorten supply chains and keep up with growing demand for its c

via www.reuters.com

Retail spending unexpectedly drops as vehicle sales plummet

  • June 15, 2022, 9:42 a.m.
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Consumer spending came to a halt last month: Retail sales fell 0.3% from the prior month, the Commerce Department said on Wednesday. Why it matters: Weak car sales weighed on retail sales, as vehicle

via www.axios.com

R. Kiyosaki warns of food crisis, says time to invest in ‘tuna fish cans’ as you can’t eat Bitcoin or gold

  • June 14, 2022, 6:42 p.m.
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As the cryptocurrency market is suffering dramatic drops in value, leaving industry experts and investors unsure about where it is going and where to make an investment, one prominent investor is warn

via finbold.com

Garmin releases Edge 1040, its first solar-powered bike computer

  • June 14, 2022, 3:42 p.m.
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Garmin has released the Edge 1040, its first bike computer to be powered by the Sun. In recent years, the company has launched a number of watches that make use of its “Power Glass”, which charges up

via www.independent.co.uk

Adidas is suing Nike over its apps and Adapt sneakers

  • June 14, 2022, 2:42 p.m.
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Although Adidas and Nike have been in and out of court several times over the years, Adidas has taken it to a new level. On Friday, the company filed its first federal lawsuit against Nike, alleging t

via www.theverge.com

Caterpillar to Relocate Global Headquarters to Dallas-Fort Worth Area

  • June 14, 2022, 11:42 a.m.
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DEERFIELD, Ill., June 14, 2022 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced it will move its global headquarters to the company's existing office in Irving, Texas, from its current loc

via www.prnewswire.com

Spirit in talks over JetBlue's $3.4 bln offer, to decide by end June

  • June 14, 2022, 11:42 a.m.
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A logo of low cost carrier Spirit Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis Duvignau/File Photo WASHINGTON, June 14 (Reuters) - Takeo

via www.reuters.com

As Global Markets Poise to Legalize Regulated Cannabis Industries: How Can They Learn From Canada?

  • June 14, 2022, 10:42 a.m.
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By Omar Khan, Senior Vice President of Corporate and Public Affairs at High Tide Inc., Canada’s largest non-franchised cannabis bricks and mortar retailer with global CBD and consumption accessory e-c

via www.nasdaq.com

A cautionary takeover tale: how PowerChina dumped Geodata

  • June 14, 2022, 6:42 a.m.
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The world-leading Italian tunnel designer looked like it was flourishing. And yet the Chinese State-controlled entity had it file for bankruptcy By the numbers. Geodata was founded in 1984 as a start

via decode39.com

LG Energy Solution to invest $568 million in South Korean factories

  • June 14, 2022, 5:42 a.m.
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LG Energy Solution's logo is pictured on a smartphone in front of their web site displayed in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration SEOUL, June 13 (Reuters) - LG

via www.reuters.com

Smithfield Foods, citing high costs of operating in California, to close pork plant

  • June 14, 2022, 4:42 a.m.
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Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing b

via www.foxbusiness.com

Analysis: Cannabis Retailers Drive Economic Growth, Are Not Magnets for Crime

  • June 13, 2022, 7:42 p.m.
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Licensed cannabis businesses stimulate economic growth and are not magnets for crime, according to an analysis commissioned by the city of Sacramento, California. Researchers assessed the impact of l

via norml.org

'President Macron will be choking on his croissants' as UK beats France for tech investment

  • June 13, 2022, 11:42 a.m.
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Tech companies in the UK received more venture capital investment in the first five months of this year than rivals in France, Germany, and China, according to government figures. "President Macron w

via news.sky.com

Germany moves ahead with plan to legalize cannabis sales

  • June 13, 2022, 11:42 a.m.
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The German government is setting in motion plans to legalize the sale of cannabis for recreational purposes, aiming to have legislation ready in the year’s second half BERLIN -- The German government

via abcnews.go.com

Cannabis tourism: how a new travel trend is taking off

  • June 13, 2022, 7:42 a.m.
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Legal cannabis consumption rose in the US and Europe during the COVID pandemic, with some people turning to marijuana to help them cope with lockdowns and broken routines. Meanwhile, fewer people toda

via theconversation.com

English could become language of business communication in Ukraine - Shmyhal

  • June 13, 2022, 5:42 a.m.
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English can receive the status of a language of business communication in Ukraine, and the Cabinet of Ministers is working on a respective legislative initiative. Ukrainian Prime Minister Denys Shmyh

via www.ukrinform.net

Tasty name but no Big Mac: Russia opens rebranded McDonald's restaurants

  • June 12, 2022, 9:42 p.m.
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June 12 (Reuters) - It might look and smell like McDonald's but now it's Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia. A new era

via www.reuters.com

A Credit Suisse exec was fired after coworkers identified him in a viral video that showed him attacking staff at a Koreatown restaurant

  • June 12, 2022, 12:42 p.m.
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A Credit Suisse exec was fired after coworkers identified him in a viral video that showed him attacking staff at a Koreatown restaurant A finance executive was reportedly fired after a video showed

via ca.finance.yahoo.com

Big Macs are gone but cheeseburgers and nuggets are still on the menu as McDonald's reopens in Russia under new name

  • June 12, 2022, 11:42 a.m.
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The first rebranded McDonald's opened on Sunday and is still selling burgers, nuggets and sundaes. US chain announced its exit from Russia last month and sold its 850 stores to a franchise holder. T

via www.businessinsider.com

GM and Lockheed are taking their lunar rover project to the commercial space market

  • June 12, 2022, 8:42 a.m.
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MILFORD, Mich. — General Motors and Lockheed Martin said Thursday they plan to produce an array of moon-roving vehicles for commercial space missions and services powered by the automaker's electric v

via www.cnbc.com
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