Domino’s European Business Loses Sales Posted June 22, 2019 US pizza chain Domino's announced that its Europe franchises had suffered weak sales. Sales of Domino’s Pizza Group plc, the restaurant’s European arm, struggl…
Facebook Expects a Multibillion-Dollar Penalty for Data Scandal Involvement Posted June 14, 2019 Facebook may have to pay billions of dollars for violating its agreement with the US Federal Trade Commission (FTC). The FTC is currently investigating a suspected data breach …
Walmart to Create Own Angus Beef Supply Chain Posted June 11, 2019 Retail giant Walmart has ventured into the meat industry in an effort to supply its grocery stores with quality Angus beef. Walmart has developed a supply chai…
Apple Settles Lawsuits with Telecommunications Equipment Company Posted June 1, 2019 Tech giant Apple and telecommunications equipment company Qualcomm have ended their long-running legal disputes. For years, Apple had purchased Qualcomm’s chips for the tech gi…
Low-Cost Fashion Chain Opens Its Biggest Store in England Posted May 27, 2019 Low-cost fashion retail chain Primark has opened its largest store in Birmingham, England, in April. The new store is housed in a five-story building and measu…
UK’s Coffee Industry Faces Barista Shortage Posted May 19, 2019 The United Kingdom’s coffee industry is facing a scarcity of baristas as it grows at a fast pace, according to a recent report. The report, published by market…
Airbnb Invests in Indian Hotel Startup Posted May 16, 2019 Home-sharing platform Airbnb has invested in OYO, one of India’s largest budget hotel chains. OYO, which means On Your Own, was established in 2013. It started as a booking pla…
Lyft Drivers Protest as Company Celebrates Major Achievement Posted May 12, 2019 Drivers of ride-hailing service Lyft staged a protest on the day the company went public. Last March, Lyft became the first ride-hailing compa…
The BBC and Discovery Channel Partner Up for New Platform and Shows Posted May 10, 2019 The BBC and Discovery Channel recently partnered up to stream shows in a new platform. Last March, Discovery Channel bought rights to broadcast the BBC’s conte…
Nike Faces Fine for Blocking Sales of Soccer Items in Other Countries Posted May 8, 2019 The European Commission (EC) has fined Nike for limiting the sale of licensed soccer merchandise across the European Economic Area (EEA). The commission required Nike to pay a …