Friday 20 October, 2017
Edition: English (US)
Category Archives: Business
newspaper

Alaska Dispatch News still owes millions in rent After being faced with massive losses and failing to pay rent on time, the largest newspaper in Anchorage filed for bankruptcy. The Alaska Dispatch News has been in operation since 1946. The paper’s...

By Lawrence Lease on Aug 14th, 2017
Coca Cola

Coca Cola relaunching its diet soda lineup Coca Cola announced they are yanking Coke Zero from the shelves. Coca-Cola announced that it will replace the popular diet drink with new diet soft drink, Coca-Cola Zero Sugar, after global sales...

By Lawrence Lease on Jul 27th, 2017
Wells Fargo

Wells Fargo Transitioning to Digital Banking WASHINGTON, July 19, 2017 – Wells Fargo has started an initiative to cut expenses by $2 billion by the end of 2019 and that is done partially by eliminating 450 branches across the country. They...

By Lawrence Lease on Jul 19th, 2017
Ann Coulter

Ann Coulter and Delta Airlines Are At Each Others Throats Ann Coulter was none too pleased when she found her seat taken by another passenger while boarding a Delta Airlines flight from New York City to Florida on Saturday. What infuriated...

By Lawrence Lease on Jul 18th, 2017
Microsoft

Microsoft starts layoffs as company changes strategy Microsoft (MSFT) has announced they are laying off thousands of employees, most cuts will fall on Microsoft’s sales force. The layoffs come as rumors spread that the company is reconfiguring...

By Lawrence Lease on Jul 7th, 2017
Hobby Lobby

The Department of Justice has issued a $3 million fine to Hobby Lobby for owning thousands of smuggled ancient Iraqi artifacts including clay writing tablets. According to court documents the arts and craft supply store chain has agreed to surrender...

By Lawrence Lease on Jul 5th, 2017
Southwest Airlines

Southwest Airlines decreasing their routes to Cuba Southwest Airlines announced that they are canceling two of its three routes to Cuba, becoming the latest airline to cut flights amid low demand. Southwest has canceled its flights to Varadero...

By Lawrence Lease on Jun 30th, 2017
Walgreens

Walgreens no longer buying out Rite Aid Walgreens announced that it is no longer attempting to purchase drugstore chain Rite Aid and instead has decided to buy half of Rite Aid’s stores for nearly $5.1 billion after antitrust concerns...

By Lawrence Lease on Jun 30th, 2017
Takata

Faulty Airbag Maker Takata Selling its Operations to Rival Japanese auto supply company Takata (TKTDY) filed for bankruptcy and is now selling all of its operations to a Michigan company. The company provided airbags which were most recently...

By Lawrence Lease on Jun 29th, 2017
Uber

Ridesharing company Uber announced on Tuesday that it will now allow drivers to collect tips through its phone app. This is a sudden reversal from previous company policy. This new policy comes as Uber continues to deal with a series of scandals...

By Lawrence Lease on Jun 21st, 2017