In light of the national cream cheese shortage, Kraft is offering customers $20 to bring another dessert to holiday gatherings instead of cheesecake.
Category Archives: business
McDonald’s claws back $105 million from fired CEO Easterbrook, accused of hiding relationships from board
McDonald’s announced Thursday it has settled its lawsuit against former CEO Steve Easterbrook, clawing back his severance payment valued at $105 million.
Biden administration imposes sanctions against China over abuse of Uyghurs
Beijing has set up a surveillance system across Xinjiang that uses biometric facial recognition to suppress Uyghurs.
Growing number of companies suspend vaccine mandates, including hospitals and Amtrak
A growing number of health care systems and other companies, including Amtrak and General Electric, are temporarily suspending mandates.
'Serial glass-ceiling breaker': Fashion house Chanel hires Indian-born Leena Nair as CEO
Nair, a fashion industry outsider who broke multiple barriers as an executive at Unilever, is the first Indian to head up a global luxury brand.
Ransomware attack threatens paychecks just before Christmas
A major payroll company has been crippled by ransomware hackers, leaving some companies around the country scrambling to cover employees’ last paychecks before Christmas.
Why stocks and crypto are the hottest holiday gift this year
More holiday gifts might come in liquid form this holiday season.
Fed to accelerate tightening, with as many as three rate hikes in 2022
The Federal Reserve is further tightening up its pandemic-era easy money policy and will increase the pace of tapering, a move that could usher in rate hikes
Apple temporarily closes 3 stores amid Covid surge among staff
Apple is temporarily closing three stores, in Miami, Annapolis, and Ottawa, amid a surge in Covid cases among staff members, the company confirmed Wednesday.
Another Amazon Web Services outage disrupts Facebook, DoorDash, Hulu
Amazon’s Web Services experienced an outage Wednesday causing connection issues all over the country, just over a week after another Amazon outage disrupted