Franchise News
Nike Welcomes Back Elliott Hill as CEO as John Donahoe Retires Amid Company Restructuring
Instagram Rolls Out New Privacy Settings With Default Private Accounts for Teens to Enhance Child Safety
Macy's Reduces Holiday Hiring to 31,500 Amid Weaker Consumer Spending Forecasts
Macy's plans to hire 31,500 workers for the upcoming holiday season, fewer than last year, as the company prepares for slower sales growth.
Latest News
Sam's Club Employees to See Pay Hikes of Up to 6% as Walmart Expands Worker Benefits
Walmart announced pay raises of 3% to 6% for Sam's Club employees, increasing the starting wage to $16.
Novo Nordisk Predicts Ozempic's Inclusion in Medicare Drug Price Talks by 2027
Novo Nordisk expects its diabetes drug Ozempic to be included in U.S. Medicare's price negotiations by 2027, as allowed by the Inflation Reduction Act.
Elon Musk's Neuralink Receives FDA 'Breakthrough Device' Designation for Vision-Restoring Implant
Elon Musk's Neuralink has been granted the FDA's "breakthrough device" designation for its experimental vision-restoring implant, which aims to expedite its development and review process.
AT&T Agrees to Pay $13 Million to Settle FCC Investigation After Massive Data Breach
AT&T has agreed to pay $13 million and improve its data security practices following an FCC investigation into a 2023 data breach that exposed sensitive information of nearly 9 million wireless customers.
GameStop Struggles with Declining Sales, Announces Additional Store Closures
GameStop is closing more stores this year due to declining sales of hardware and games, as reflected in its disappointing second-quarter earnings report.
Elon Musk on Track to Become First Trillionaire—But He Faces Competition
Elon Musk is projected to become the world's first trillionaire by 2027, driven by his diverse ventures in electric vehicles, space exploration, and brain implants.
Sam Altman Excluded from Key Role in OpenAI's New Independent Oversight Committee
OpenAI has formed an independent Safety and Security Oversight Committee, excluding Sam Altman, to oversee the company’s safety processes and guide the development and deployment of its AI models.
Chipotle Tests Robots to Speed Up Guacamole and Burrito Bowl Prep in California
Chipotle is testing robots in two California locations to speed up avocado prep for guacamole and automate burrito bowl assembly.
Target Plans to Hire 100,000 Seasonal Workers Despite Slow Holiday Sales Growth
Target announced it will hire around 100,000 seasonal workers for the holiday season, maintaining its hiring levels from the past three years despite a forecasted slowdown in retail sales growth.
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