UPS Refocuses For 2026
UPS is planning a major shift in 2026, reducing up to 30,000 operational jobs, which translates to about 6% of its global workforce. Most of the change is expected to…
Volkswagen’s U.S. Gamble Faces Policy Headwinds
Volkswagen is facing one of its toughest periods in the U.S. market, as trade policy and shifting technology trends collide with its long-term strategy. Recent data show its American sales…
Kraft Heinz Moves Toward Cleaner Labels and Healthier Ingredients
Kraft Heinz has pledged to eliminate all artificial FD&C food dyes from its U.S. products by the end of 2027. This change will affect roughly 10% of the company’s portfolio,…
Capital One-Discover Merger Receives Regulatory Approval
In the biggest bank merger since the 2008 financial crisis, the Federal Reserve Board and Office of the Comptroller of the Currency have approved Capital One’s acquisition of Discover Financial…
Post-Pandemic Peloton; Plans for Restructure
Peloton, the once-celebrated fitness company, recently announced that it is laying off about 15% of its employees – about 400 people. The company is also looking for a new CEO…
New Airbnb Policy Bans Indoor Security Cameras
In a significant move to protect their guests’ privacy, Airbnb announced a global ban on indoor security cameras. This policy shift, effective April 30, comes as a response to numerous…
Uber Reports Increase in Revenue at the end of 2022
While Uber reported a downturn in revenue during the pandemic, chief executive, Dara Khosrowshahi said that the last 3 months of 2022 was the company’s “strongest quarter ever.” Khosrowshahi added…
Uber and Flywheel Riding Toward a New Partnership
Flywheel Technologies and Uber are putting the final touches on a partnership agreement to fully transform transportation in San Francisco. While the cooperation is similar to an agreement Uber penned…
Google Buys Mandiant
Global tech giant Google has announced its acquisition of Mandiant, the cybersecurity company. In a $5.4 billion deal, Google will expand its services to provide businesses with strategic planning assistance…
Something’s Brewing at Starbucks
Employees at four Starbucks stores in New York City have petitioned to unionize through the National Labor Relations Board. This development follows months of efforts to unionize at three Buffalo…