Business

NYSE Names First-Ever Female President

STACEY CUNNINGHAM HAS BEEN NAMED THE FIRST FEMALE NYSE PRESIDENT IN ITS 226-YEAR HISTORY

1/1Stacey Cunningham has been named the first female NYSE president in its 226-year history. Show Caption Hide Caption (CNN) – Stacey Cunningham has been named the first female president of the New York Stock Exchange. Cunningham started as a floor clerk over 20 years ago. Most recently she’s been serving as the chief operating officer. Of the 21 executives of…

Billionaire Gives Up Toys R Us Bid

$675 MILLION DOLLAR BID FOR TOYS "R" US FALLS THROUGH IN EFFORT TO SAVE THE BANKRUPT TOY CHAIN

1/1$675 million dollar bid for Toys “R” Us falls through in effort to save the bankrupt toy chain. Show Caption Hide Caption (CNN) – The billionaire hoping to save Toys-R-Us is giving up on reaching a deal. Isaac Larian offered $675 million in April for 200 of the toy chain’s remaining stores in the U.S. and more than 80 locations…

Starbucks Opening Its Bathrooms To All

STARBUCKS UPDATES BATHROOM POLICY FOLLOWING CONTROVERSIAL INCIDENT LAST MONTH

1/1Starbucks updates bathroom policy following controversial incident last month Show Caption Hide Caption (CNN) – Starbucks now says its bathrooms are available for everyone to use; even if they haven’t made a purchase. The company is changing its bathroom policy after an incident last month sparked protests over racial bias. Two black men asked to use the bathroom at a…

Campbell Soup CEO Abruptly Steps Down

DENISE MORRISON HAS RESIGNED AS CEO OF CAMPBELL SOUP, EFFECTIVE IMMEDIATELY

1/1Denise Morrison has resigned as CEO of Campbell Soup, effective immediately. Show Caption Hide Caption (CNN) – The CEO of Campbell Soup abruptly announced her retirement Friday, effective immediately. Denise Morrison has run the company since 2011. Neither she nor Campbell soup offered a reason for the sudden departure. Stock values for the company dropped more than 10% in early…

Amazon Prime Members Get Extra Whole Foods Discount

IF YOU ARE AN AMAZON PRIME MEMBER, YOU CAN SAVE MONEY AT WHOLE FOODS.

1/1If you are an Amazon Prime member, you can save money at Whole Foods. Show Caption Hide Caption (CNN) – Amazon Prime members can now save money at Whole Foods. Amazon is offering Prime members an additional 10% discount on sale items at “Whole Foods” stores. To get the discount, members have to sign into the Whole Foods app using…

Ikea Launches New Credit Card

IKEA NOW OFFERING NEW CREDIT CARD

1/1Ikea now offering new credit card. Show Caption Hide Caption (CNN) – Attention Ikea shoppers. The furniture and homegoods store is rolling out a new credit card. The Ikea-Visa card includes rewards and perks including: no fees or deferred interest, free standard shipping and delivery for in-store purchases. The Swedish-based mega-chain is also offering 5% back on items you buy…

Wells Fargo Owes $97 Million to California Workers

WELLS FARGO ORDERED TO PAY $97 MILLION TO WORKERS FOR VIOLATING STATE LABOR LAWS

1/1Wells Fargo ordered to pay $97 mil. to workers for violating state labor laws Show Caption Hide Caption (CNN) – A federal judge in California gave another black eye to Wells Fargo. She ordered the embattled bank on Thursday to pay more than $97-million in damages to its mortgage employees. They brought a class action lawsuit, claiming the bank did…

Chili’s Reveals Possible Data Breach

CHILI'S CHAIN: SOME PAYMENT INFORMATION COMPROMISED AT "CERTAIN LOCATIONS."

1/1Chili’s chain: Some payment information compromised at “certain locations.” Show Caption Hide Caption (CNN) – Chili’s restaurant chain is the latest company to suffer a data breach The bar and grill released a statement on Saturday informing customers of a “data incident.” The company believes it is limited to between March and April 2018 and only for in-restaurant purchases. Chili’s…

Ford Could Resume F-150 Production

FORD ANNOUNCED FRIDAY WHEN PLANTS THAT MAKE THE F-150 WILL REOPEN

1/1Ford announced Friday when plants that make the F-150 will reopen Show Caption Hide Caption (CNN) – Two days after announcing the temporary closure of another factory, Ford is ready to get the assembly lines running again. The company says employees at its Dearborn, Michigan and Kansas City, Missouri locations should return to work May 18th. Those plants manufacture the…

Plant Fire Could Lead to Ford F-150 Shortage

F-150S COULD BE IN SHORT SUPPLY AFTER PLANT FIRE

1/1F-150s could be in short supply after plant fire Show Caption Hide Caption (CNN) – Ford’s F-150 is the automaker’s best-selling and most profitable vehicle. But the company may have to temporarily shut down production of the truck after a fire at a supplier’s plant in Michigan last week. Ford only has two plants that build the F-150. It already…