Penguin Random House’s purchase of Simon & Schuster is on hold. The buyout has become an antitrust trial. Concerns exist that Penguin Random House will monopolize publishing. Five publishers release two-thirds of the books in the United States. […]
Bar and restaurant sales of whiskey are catching up after a COVID-19 slump. Throughout 2020 and much of 2021, liquor stores and other off-premise alcohol sales dominated the market. Whiskey has been an American staple for centuries. […]
The sex-based misconduct at Activision Blizzard is infamous in the game industry. From drunken harassment to refusing promotions based on future pregnancy, claims against the company read like an episode of “Mad Men.” How can Microsoft turn that office culture around? […]
Rare earth elements have changed modern technology all around us. The 17 rare earth elements made X-rays safer and are used to make electric vehicle batteries. General Motors will source them for use in electric cars. […]
Labor unions in the United States date back around 200 years to the Industrial Revolution. Industrial workers organized to protest, strike, and demand fairer treatment throughout the 19th century. A Starbucks in New York unionized Thursday. […]
A new COVID-19 variant detected in South Africa has already harmed global stock markets. On Friday, the Dow dipped by 2.5%, with travel and banking companies taking the hardest hits. The macro economy often affects stock prices. […]
Three women have filed a class action suit against UPS for sex discrimination. They allege that the company assigns women to suboptimal jobs with little chance for advancement. Women’s rights have seen triumphs and setbacks. […]
Raising prices didn’t prevent food and beverage corporations from turning a profit. McDonald’s, Coca-Cola, and Kraft Heinz all reported solid quarterly earnings despite raising prices across the board. How do companies set prices, anyway? […]
Facebook hopes to mitigate its recent bad press with a name change. Whistleblowers, server outages, and more have damaged the company’s reputation. Picking the right name is vital for a business. […]
Credit rating agency Moody Analytics predicted continued trouble for the global supply chain. More than three-quarters of ports are facing historic backlogs of shipments, causing product shortages worldwide. Normally, supply chain management is key. […]
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