McDonald's Korea apologized after admission of serving expired buns and tortillas
Aug 05, 2021 10:57 am UTC| Business Economy
McDonalds Korea issued an apology to its customers after it was discovered that one of its fast-food outlets in Seoul has been serving expired hamburger buns and tortillas. The restaurant admitted the mistake and expressed...
Target offering free college tuition and books to over 340,000 team members to attract workers
Aug 05, 2021 10:45 am UTC| Business Economy
Target, the eighth-largest retailer in the U.S., announced new benefit programs for its workers this week. The company revealed that it will be offering 100% free college tuition to its team members, and books are included...
Aug 05, 2021 07:40 am UTC| Business Economy
CVS Health will increase its workers wages after seeing growth in its profits. The health care retail company will be raising its minimum wage to $15 an hour starting in July next year. Fox Business reported that while...
SK Innovation to break off its battery and refining business units
Aug 05, 2021 06:41 am UTC| Business Economy
SK Innovation is set to split up its battery and petroleum refining business divisions. It was revealed on Wednesday, Aug. 4, that the South Korean company will be dividing the units and separate them to become two new...
Aug 05, 2021 05:13 am UTC| Business Economy
Kroger and Kitchen United announced their partnership to build ghost kitchens in some of the formers grocery outlets. The two joined forces to be able to offer takeout and food delivery from restaurants. According to...
Tencent shares plunge 10% after China media calls online gaming 'electronic drugs'
Aug 04, 2021 23:26 pm UTC| Economy Technology
Stocks of Chinas biggest social media and video game firm Tencent tumbled over 10 percent, wiping almost $60 billion from its market capitalization after state-run Economic Information Daily likened online video games to...
Nissan and AESC to build $456 million EV battery plant in Japan
Aug 04, 2021 23:17 pm UTC| Economy Business
Envision AESC and Nissan will build a second car battery factory in two months, set to rise in Ibaraki Prefecture, with an initial investment of $456 million and an annual production capacity of six gigawatt-hours in...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects