Buzzfeed News Music: Business
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Wednesday, March 23, 2016

TGI Fridays Is Trying A New Restaurant Design To Bring In Younger Customers

TGI Fridays Is Trying A New Restaurant Design To Bring In Younger Customers
The new restaurant includes a weekend “Hangover Brunch” with buckets of bacon and chicken and waffles. TGI Fridays is now courting the children of its baby boomer patrons under a redesigned restaurant with a new name, Fridays. TGI Fridays The restaurant chain is testing out the new decor and menu to keep up with younger guests who have different tastes than...

Tuesday, March 22, 2016

Instacart Fires Its Delivery Drivers In Minneapolis

Instacart Fires Its Delivery Drivers In Minneapolis
Leo Chen / Via Flickr: hjc218 Instacart, the grocery delivery startup, has run into challenges in Minneapolis, one of its newer markets, and will dismiss its delivery drivers there, an email obtained by BuzzFeed News shows. The change, while relatively minor, shows how the four-year-old Instacart is continuing to evolve as it seeks to become profitable. While...

College Opens New Frontier In Education Outsourcing

College Opens New Frontier In Education Outsourcing
Afp / AFP / Getty Images A community college in Ohio has opened a new frontier in the outsourcing of public education to private companies, striking an unprecedented deal for its student marketing, recruitment, admissions, and retention efforts to be handled by Pearson, the world's largest education company. Pearson's deal with Cincinnati State Technical and...

Investors Dump Timeshare Companies After News Of Federal Inquiry

Investors Dump Timeshare Companies After News Of Federal Inquiry
David Manning / Reuters Investors are dumping stock in timeshare operators in the wake of news that federal regulators are taking a close look at the largest player in the industry. On Friday, BuzzFeed News reported that the Consumer Financial Protection Bureau is looking into the sales, marketing, and financing practices of Westgate Resorts, the country's...

Friday, March 18, 2016

This On-Demand Economy Startup Is Giving Workers Equity

This On-Demand Economy Startup Is Giving Workers Equity
Managed by Q Office management startup Managed by Q is giving all employees — cleaners, handymen, and field staff — the option to have an ownership stake in the company. Co-Founder and CEO Dan Teran announced the new stock option plan with U.S. Secretary of Labor Tom Perez at the company's headquarters on 6th Avenue in New York Friday. The Secretary praised...

Financial Regulators Are Looking Into America's Largest Timeshare Seller

Financial Regulators Are Looking Into America's Largest Timeshare Seller
billy kerr/flickr / Via flic.kr The federal government is looking into Westgate Resorts — the largest privately-held seller of timeshares in the United States. The Consumer Financial Protection Bureau demanded reams of information on Westgate's sales and marketing practices in October, documents posted online by the regulator show. BuzzFeed News is first to...

Thursday, March 17, 2016

Dropbox Shares Offered At 34% Discount In Secondary Market

Dropbox Shares Offered At 34% Discount In Secondary Market
Dropbox CEO and co-founder Drew Houston. Toshifumi Kitamura / AFP / Getty Images Dropbox, the cloud storage startup facing questions about its $10 billion valuation, is expected to authorize a sale of its common stock at a 34% discount to its most recent round of private funding, according to documents obtained by BuzzFeed News. The shares, to be sold by shareholders...

Wednesday, March 16, 2016

The McDonald’s Model Goes On Trial

The McDonald’s Model Goes On Trial
John Parra / Getty Images In courtroom 238 in New York’s Federal Plaza this week, McDonald's executives testified publicly for the first time about shop-floor and top-level operations of their global franchise operation. The legal case against the company, now being heard before the National Labor Relations Board, could up-end the existing fast food franchise...

Chipotle Gave Away More Than 3 Million Burritos To Prove They're Safe

Chipotle Gave Away More Than 3 Million Burritos To Prove They're Safe
Andrew Renneisen / Getty Images Chipotle handed out around 3.5 million free burritos to prove their food was safe amid health concerns and to make its restaurants less "eerie" to customers, the chain's executives said Wednesday. After outbreaks of norovirus, salmonella, and E.coli at Chipotle locations all around the country last year, sales tanked and the...

Monday, March 14, 2016

Kellogg Says There Is A Criminal Investigation Into Assembly Line Peeing Incident

Kellogg Says There Is A Criminal Investigation Into Assembly Line Peeing Incident
flic.kr / Via Roadsidepictures Cereal maker Kellogg said Monday that a criminal investigation has been launched into a video that appears to show a man urinating on a company assembly line. Kris Charles, a Kellog spokesperson, said in a statement that the video, which appeared on WorldStarUncut.com on Friday, was recorded at Memphis facility in 2014. The graphic...

Why Even Wealthy Black Students Have More Student Loan Debt

Why Even Wealthy Black Students Have More Student Loan Debt
Michaeljung / Getty Images For white students, family wealth acts as a shield from the burden of student loan debt, allowing them to start off their careers steps ahead of their peers. But the same isn't true for wealthy black students, according to a new study in the journal Race and Social Problems. In fact, it's at the top of the wealth spectrum that the...

These Companies Are Eliminating Their Gender Pay Gaps

These Companies Are Eliminating Their Gender Pay Gaps
SpaceX COO Gwynne Shotwell, the highest paid woman at the company. Michael Kovac / Getty Images Elon Musk, CEO of aerospace tech company SpaceX, committed last month to eliminate the gender pay gap at the company, which has 4,000 employees. "I was asked today if we'll audit pay," Musk said at an event about pay and gender co-hosted by enterprise software company...

Friday, March 11, 2016

Hot Pockets Wants To Be The Next Trendy Health Food

Hot Pockets Wants To Be The Next Trendy Health Food
Mike Mozart / Via Flickr: jeepersmedia Nestlé, the world's largest food and beverage company with $92 billion in global revenue in 2015, wants to reinforce its "passion for nutrition," CEO Paul Bulcke said in an interview with BuzzFeed News. Many of the brands owned by the 150-year-old Swiss food company clearly fit this mission: there's Gerber baby food, a...

Thursday, March 10, 2016

Foreign Tech And Engineering Students Can Now Stay In The U.S. Longer

Foreign Tech And Engineering Students Can Now Stay In The U.S. Longer
Frank Franklin Ii / AP Some foreign students will be allowed to work in the United States on their student visas for as long as three years after graduating thanks to a new federal rule, which will go into effect Friday. The rule, which only applies to students studying science, technology, engineering, and math (STEM), requires them to attend accredited universities...

Moms Are Turning To Crowdfunding To Help Pay For Maternity Leave

Moms Are Turning To Crowdfunding To Help Pay For Maternity Leave
David De Lossy / Getty Images In a sense, new parents Shawn and Laura Lechette got $1,500 for nothing. In another, it was just for asking. The couple — whose employers, like most, don't provide paid family leave — raised the sum from friends and family, who donated via GoFundMe, the country's largest crowdfunding site for personal expenses. Just 12% of Americans,...

Wednesday, March 9, 2016

Volkswagen America Chief Michael Horn Resigns

Volkswagen America Chief Michael Horn Resigns
Michael Horn David Mcnew / Getty Images The head of Volkswagen's U.S. business Michael Horn will leave the company "to pursue other opportunities," the company said today. The statement did not mention Volkswagen's emissions cheating scandal, but Horn is just the latest senior executive to leave in the wake of the discovery. The company's chief executive officer...

Square Is Growing Quickly, But Still Losing Money

Square Is Growing Quickly, But Still Losing Money
ray.k / Via flic.kr Tech mogul Jack Dorsey's other public company is having some trouble making money. After a rough few quarters at Twitter, Dorsey's Square, which processes payments for merchants and sells software to small- and medium-sized business, reported its earnings for the first time as a public company on Wednesday. Despite Square's quarterly loss,...

Thousands Of Independent Restaurants Are Closing As Chains Expand

Thousands Of Independent Restaurants Are Closing As Chains Expand
Jacob Ammentorp Lund / Getty Images Americans are increasingly choosing chain restaurants over their independent counterparts, despite all the hype over locally-cultivated foodie-ism, new research shows. Restaurant visits by consumers in the year ending December 2015 rose by 700 million compared to 2010, almost returning to pre-recession levels, research firm...

Tuesday, March 8, 2016

Chipotle Just Closed A Restaurant In Massachusetts Due To Norovirus Concerns

Chipotle Just Closed A Restaurant In Massachusetts Due To Norovirus Concerns
Eric / Via Flickr: sirira2000 A Chipotle restaurant in Massachusetts has voluntarily closed for a cleaning because of norovirus concerns after at least one employee contracted the virus, according to the local news station WHDH. "After learning that four of our employees were not feeling well, our restaurant in Billerica, Mass. was closed for a full sanitization,"...