Amazon introduces ‘Amazon Access’ shopping portal for customers on government assistance
Oct 04, 2022 09:19 am UTC| Business Economy
Amazon debuts its new shopping portal on Monday, Oct. 3. The company named it Amazon Access, and it was specially built for customers who are receiving government assistance. As per CNN Business, Amazon already has...
McDonald’s adds Disney executive to its board as the fourth new director
Oct 04, 2022 09:05 am UTC| Business Economy
McDonalds announced on Monday, Oct. 3, that it had welcomed Kareem Daniel to its board. He was an executive at the Walt Disney Company and worked there for more than 15 years. Now he is the 15th board member at...
Naver buys US’ Poshmark online fashion shopping platform for $1.6B
Oct 04, 2022 08:43 am UTC| Business Economy
Naver is buying Poshmark online fashion marketplace, and the companies announced their acquisition deal on Tuesday, Oct. 4. The South Korean internet portal and tech giant confirmed its takeover of the American e-commerce...
KFC launches chicken wraps menu as testing begins in the US
Oct 04, 2022 08:29 am UTC| Business Economy
KFC unveiled its newest menu item, and it is currently being tested in Atlanta. The Kentucky Fried Chicken Wraps is expected to become popular since customers love the KFC Twister Wraps. It was reported that since 2014,...
MBK Partners consortium bids to acquire Japan’s Toshiba
Oct 04, 2022 08:28 am UTC| Business Economy
MBK Partners joins the race to buy Toshiba, and for this buyout venture, it formed a consortium with two major firms that include the American private investment firm based in Boston, Bain Capital, and the Japanese...
China’s JD.com founder Richard Liu ends sexual assault lawsuit with settlement in the US
Oct 03, 2022 09:52 am UTC| Business Economy
JD.Coms founder Richard Liu has settled his civil lawsuit related to a sexual assault complaint in the United States. The billionaire that owns one of the largest e-commerce platforms in China has resolved the case that...
Stanley Black & Decker lays off 1,000 finance roles
Oct 03, 2022 09:32 am UTC| Business Economy
Stanley Black Decker, a manufacturer of industrial tools and household hardware headquartered in New Britain, Connecticut, has laid off 1,000 jobs in its finance division. Sources who are familiar with the matter said the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects