Sales of Sneakers on the Increase as High Heel Sales Plunge

Sales of Sneakers on the Increase as High Heel Sales Plunge

American fashion is now much more casual than just five years ago, and that includes footwear. The trend is especially apparent when it comes to sales of women’s sneakers, which have soared by over 37% across the U.S. since the start... 
Middle Class Growth in China Creates Craft Beer Surge

Middle Class Growth in China Creates Craft Beer Surge

Little General, Panda Beer, Mandarin Wheat and Flying Fist IPA are amongst the craft beer on tap being offered during a beer exhibition in Shanghai this week that has the goal of expanding the drinking palette of consumers in China... 
Top Lawyer at Novartis Leaves Over Payment to Trump Lawyer

Top Lawyer at Novartis Leaves Over Payment to Trump Lawyer

Swiss pharmaceutical behemoth Novartis announced that its top lawyer has left the company over the drug makers’ payments to Michael Cohen the personal lawyer of President Donald Trump. Group general counsel Felix Ehrat said in a... 
Data Breach Suffered by Chili’s Restaurants

Data Breach Suffered by Chili’s Restaurants

The Chili’s chain of restaurants suffered a data breach that might have exposed the information of its customer’s debit and credit cards. Brinker International, based in Dallas, Texas operates more than 1,600 Chili’s restaurants... 
Americans Taking More Vacation Time

Americans Taking More Vacation Time

As the amount of job openings approach record highs, the amount of time that Americans spend away from work is rising as well. Amongst full-time workers that are offered paid time off by employers, the amount of vacation being taken... 
Shares of Air France Plunge After Resignation of CEO

Shares of Air France Plunge After Resignation of CEO

Shares of Air France-KLM Group plummeted in Paris after CEO Jean-Marc Janaillac resigned last week which threw the biggest airline in Europe into disarray, as strikes continue and senior politicians warn that the survival of the company... 
Board at Flipkart Approves Deal of $15 Billion with Walmart

Board at Flipkart Approves Deal of $15 Billion with Walmart

The Flipkart Online Services board of directors has given its approval to a deal to sell 75% of the business to a group led by Walmart for $15 billion, said people close to the situation. This is a huge bet by the U.S. based retailer... 
XEROX CEO Steps Down as Deason and Icahn Win

XEROX CEO Steps Down as Deason and Icahn Win

The Xerox CEO is stepping down and the company’s plan of being taken over by Fujifilm is now in doubt. Late Tuesday, Xerox announced that it had come to an agreement on a deal with it activist investors Darwin Deason and Carl Icahn,... 
Outbreak of E. coli in Romaine Lettuce Worsens

Outbreak of E. coli in Romaine Lettuce Worsens

Officials from federal health agencies said on Friday that an E. coli outbreak linked to romaine lettuce widened and 98 people had become sickened by it. Over half of those that have fallen ill needed to be hospitalized due to this... 
Delta’s Treatment of Passenger with MS Being Scrutinized

Delta’s Treatment of Passenger with MS Being Scrutinized

Delta Air Lines is in the news again and it is not good. The U.S. based airline’s treatment of a passenger in a wheelchair has come under heavy scrutiny. Maria Saliagas, the passenger, has multiple sclerosis and was flying to Amsterdam... 
Hidden Camera Found in Restroom at Starbucks

Hidden Camera Found in Restroom at Starbucks

Police have started an investigation in Atlanta after a video camera was found last week inside a Starbucks restroom in a suburb of Georgia’s capital. A customer, who is 25, reportedly located the device early last week taped under... 
Philip Morris Suffers Worst Day in Ten Years

Philip Morris Suffers Worst Day in Ten Years

Philip Morris International stick plunged by 16% in the worst day the company has experienced since spinning off in 2008 from Altria. The share price drop came after PMI posted results for its latest quarter that were mixed and said... 
Starbucks Closing All Stores in U.S. for One Afternoon

Starbucks Closing All Stores in U.S. for One Afternoon

On May 29, Starbucks will close all of its stores in the U.S. and its corporate offices to give its employees anti-racial bias training. This comes after two black men were arrested a week ago while waiting at a Philadelphia Starbucks. The... 
Pub Chain Shutters Its Accounts on Social Media

Pub Chain Shutters Its Accounts on Social Media

JD Wetherspoon, a chain of pubs, has used its Twitter account to tell its more than 44,000 followers it has quite social media. The head office of the company and its 900 pubs will not use the micro-blogging site and will close their... 
Mylan Seeking Deal to Buy Consumer Products Unit at Merck

Mylan Seeking Deal to Buy Consumer Products Unit at Merck

Generic drugs maker Mylan is holding advanced negotiations with Merck to acquire the company’s consumer healthcare unit after other bidders did not meet the price expectations of the German company said people close to the situation. The...