
JPMorgan Chase agreed to acquire Renovite fintech
Sep 13, 2022 08:57 am UTC| Business Economy
JPMorgan Chase acquired Renovite payment fintech startup to rival Stripe and Block, and other fintech companies. The deal was also made to repel threats from its competitors. JPMorgan Chase is one of the major firms in...

Disney chief rejects calls to spin off ESPN, Daniel Loeb backs off
Sep 13, 2022 08:17 am UTC| Business Economy
Walt Disney chief executive officer Bob Chapek rejected the calls of investors to spin off its sports cable channel, ESPN. The call has been spearheaded by billionaire and activist investor, Daniel Loeb. Chapek said...

HiteJinro, truck drivers reach an agreement to end long-running strike
Sep 13, 2022 07:47 am UTC| Business Economy
HiteJinro and its striking truck drivers have finally reached an agreement to resolve the conflict over working conditions. This development put an end to the strike that lasted for four months. The truckers who are...

Burger King announces $400M 'Reclaim the Flame' investment for sales recovery in the US
Sep 13, 2022 07:29 am UTC| Business Economy
Burger King reveals its plan for sales recovery in the United States. The fast-food giant is investing $400 million in fresh advertising, remodelling of its restaurants, enhancement of its app, and more. Burger King...

Darigold to process 8 million pounds of milk per day in $600 million plant
Sep 13, 2022 00:48 am UTC| Life Economy Business
Darigold has broken ground on a $600 million processing facility to be built in Pasco, Washington that will process 8 million pounds of milk per day. It is expected to be operational by early 2024. The Pasco facility...

KFC teams up with PepsiCo on limited-edition Ruffles potato chips
Sep 12, 2022 22:56 pm UTC| Life Economy Business
KFC will add its herb and spice mix to Ruffles ridged chips in a collaboration with PepsiCo Foods Canada to create the new Ruffles KFC Original Recipe Chicken-flavored potato chips. Katherine Bond-Debicki, CMO, KFC...

S. Korea warned heavy sanctions on Apple, Google might backfire
Sep 12, 2022 12:23 pm UTC| Economy Business Technology
US economist Michael Mandel told South Korean regulators not to compromise the security and privacy needs of consumers when sanctioning Apple and Google. South Korea is compelling Apple and Google to use their in-app...