Business News 3/9

Aug 52 min read

McDonald's CEO Admits Its Food Is Too Pricey

The CEO of fast food giant, McDonalds, has admitted that high prices have contributed to lower sales. McDonald's CEO Chris Kempczinski...

Aug 42 min read

Qantas Slashes Exit Package of Shammed Former CEO

The Australian airline, Qantas, has cut the pay-out heading to its former CEO by more than 40%. Alan Joyce has now left the company...

May 271 min read

Nestle Creates Line Of Frozen-Food For Ozempic Users

Food giant, Giant, is launching a frozen-food brand aimed squarely at people who are using GLP-1 drugs like Ozempic and Wegovy. The Vital...

May 272 min read

Online Home Goods Store Wayfair Opens Its First Physical Store

Wayfair, the online home goods company, has opened its first physical store near Chicago in the US. In an interview with CNBC, the CEO of...

May 161 min read

Amazon Unveils New Content For Prime - Including Tomb Raider Series

New York hosted Amazon Prime’s first ever Upfront event at which the streaming service unveiled what launches viewers can expect in the...

May 161 min read

Burberry Facing Year’s Worst Results

The British fashion house, Burberry, now under the watchful eye of designer Daniel Lee, has revealed its worst results of the fiscal year...

May 32 min read

Peloton CEO Steps Down Alongside Job Cut Announcement

The CEO of beleaguered fitness venture, Peloton, has announced he is stepping down. The news came alongside the announcement that the...

May 32 min read

TikTok Will Restore Millions of Songs After Universal Dispute Settled

A spate between two giants of the music world has finally been resolved. TikTok and Universal have come to an agreement after months of...

Apr 291 min read

Momofuku Owner Cools Down Over “Chili Crunch” Trademark

The celebrity chef, podcaster and author behind the Momofuku brand of restaurants has promised to stop enforcing a trademark for the term...

Apr 291 min read

US Watchdog Gets Shirty About Handbag Brand Takeover

The US Federal Trade Commission (FTC) has stepped in to block the takeover of the company that owns the fashion brand, Michael Kors....

Apr 222 min read

Unilever, One of The World’s Biggest Plastic Users, Scales Back Environmental Pledges

In a move that is drawing criticism, one of the world’s biggest users of plastic packaging is scaling back its social and environmental...

Apr 221 min read

British Shoe Legend Dr Martens Launches Lawsuit Against Temu

British bootmaker, Dr Martens, is launching a trademark lawsuit against Chinese marketplace, Temu. In a report in The Sunday Times, it...

Apr 151 min read

Disney Unveils New Film Slate as Well as Park Expansion Plan

Disney has revealed three of the films that fans can expect from the media giant in the coming few years. According to CNBC News, amongst...

Apr 151 min read

Founder of Starbucks Invests in Tony’s Chocolonely

Howard Schultz, former chief executive officer and founder of Starbucks has bought shares in Dutch ethical chocolate brand, Tony’s...

Apr 22 min read

Canadian Entrepreneur, Kevin O’Leary, Tells Press he Wants to Buy TikTok

Businessman, Kevin O’Leary, is putting together a bid to buy the Chinese-owned video sharing platform, TikTok. The entrepreneur is...

Apr 21 min read

McDonalds Takes The Doughnut With Krispy Kreme Deal For Whole of US

Baked goods behemoth, Krispy Kreme, will be doubling its distribution over the next two and a half years in order to make its goods...

Mar 251 min read

Reddit Makes Stock Market Debut & Sees Shares Surge

Social media website, Reddit, has made its debut on the New York Stock Exchange; and saw its share price boosted by 48% by the close of...

Mar 251 min read

Adidas is Replaced as German Football Team’s Sponsor After 77 Years

The German National Football Team has signed Nike as its new sponsor, parting ways with adidas after more than seventy years. The...

Feb 261 min read

Instagram Extends Marketplace Tool to Eight New Countries

Creators in Canada, Australia, New Zealand, the United Kingdom, Japan, India, and Brazil will now have access to Instagram’s marketplace...

Feb 261 min read

Nike Cuts Two Percent Of Workforce

In a dramatic cost cutting exercise to save $2 billion, Nike is to lay off an estimated 1600 people. According to Vogue Business, the...

Feb 161 min read

Sports Giant ESPN Is To Launch Its Own Streaming Service

ESPN is to launch its own flagship streaming service in the autumn next year. It will offer consumers all of the current programming but...

Feb 161 min read

Google Pledges 25 Million Euros To Boost Europe’s AI-savvy Workforce

Google has committed 25 million euros to help people living in Europe learn how to use AI. The money will be used, firstly, to provide...

Dec 6, 20233 min read

New ‘Off The Shelf’ App Platform Makes Digital Commerce Affordable For Wholesalers

Wholesalers can now offer their customers an ‘Amazon-style’ sales experience following the launch of a new affordable app-building service

Nov 8, 20234 min read

The 4 Scams Entrepreneurs Need to Know About - Exclusively In Brainz Magazine

It was late on a Friday afternoon when Jo Blood received an alert that a new advert had been approved for her Facebook business’ account....

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