Crocs to Outsource Manufacturing of Clogs, Other Footwear
13 August 2018 Crocs is also closing less productive retail stores as leases expire and focusing more on online sales.
Business
Jury Awards $289 Million to Man Who Claims Roundup Weed Killer Caused Terminal Cancer
10 August 2018 A San Francisco jury has ordered agribusiness giant Monsanto to pay $289 million to a former school groundskeeper dying of cancer, saying the company's popular Roundup weed killer contributed to his disease.
Chicago Chain Faces Backlash Over ‘Aloha Poke’ Trademark
10 August 2018 A Chicago-based chain that trademarked “Aloha Poke” has faced backlash with calls for boycott after sending cease-and-desist letters to businesses with similar names.
Musk Tweets He May Take Tesla Private and Shares Soar
7 August 2018 Tesla CEO Elon Musk announced that he is considering taking the electric car maker private, causing the company's stock to spike.
Papa John’s Founder: I Should Be Back as Chain’s Public Face
2 August 2018 The founder of Papa John's says the pizza chain does well with him as its public face, and that it was a mistake for the company to scrub him from its marketing materials after he acknowledged using a racial slur last month.
Faced With Losses, MoviePass Discount Tix Service Hikes Fee
1 August 2018 The new $15-a-month rate for up to one movie each day still won't make MoviePass profitable.
Miss You: Necco/Sweethearts Company Plant Abruptly Closes
26 July 2018 The owner of the company behind chalky, colorful confections such as Necco Wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant and hasn't said if candy production will resume.
Facebook Heading for Its Worst Trading Day Ever
26 July 2018 Facebook's user base and revenue grew more slowly than expected in the second quarter of 2018 as the company grappled with privacy issues, sending its stock tumbling after hours.
No Break For KitKat in Europe as Trademark Request Rejected
25 July 2018 The court instead sided with the makers of Kvikk Lunsj, a Norwegian snack that is a long-time favorite of hikers and skiers — and is shaped almost exactly like a KitKat.
Ivanka Trump to Shutter Fashion Brand, According to Media Reports
24 July 2018 The New York Post reported that staff have been informed that they’re being laid off.” The Wall Street Journal is also reporting the closure.
Netflix to Open in Spain Its First European Production Hub
24 July 2018 Netflix says it's establishing in Spain its first content production hub on European soil as the online video entertainment platform tries to expand in different languages.
Hersheypark Reopens After Flooding Causes 1-Day Shutdown
24 July 2018 Three days of rain in the central and eastern part of the state caused Spring Creek, which runs through the park, to flood, and nearby Swatara Creek to approach moderate flood stage.
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