Unilever acquires Tazo tea brand from Starbucks for $384 million

Along with releasing their always-anticipated annual holiday cup, Starbucks made another announcement this week as well. The coffee mega-giant is selling their Tazo tea brand to Unilever for $384 million as they say they will be focusing on Teavana as their sole tea brand. The sale includes all recipes, intellectual property and inventory. Tazo, founded […]
  • Kirsten Loose
  • November 4, 2017
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Longer commutes are making workers feel lonelier than ever

Commuting sucks and new research proves it. A study conducted by the University of the West of England, “Commuting and Wellbeing,” suggests that long commutes are having a negative impact on workers’ mental health and job satisfaction. The study, which was sponsored by the UK’s Economic and Social Research Council, was conducted between February 2016 […]
  • Kirsten Loose
  • November 2, 2017
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Bidding war for Amazon’s second headquarters is underway, here’s who’s on top

The bidding war for Amazon’s second headquarters began on Monday, and several cities have already submitted their proposals. New Jersey has submitted a bid for their city of Newark, offering up what could potentially be the greatest financial incentive for Amazon—$7 billion in tax breaks. Just last month, Amazon announced a competition to source a […]
  • Kirsten Loose
  • October 18, 2017
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Nike losing teens in footrace with Adidas, analysts say

The investment bank and asset management firm Piper Jaffray released the findings of their latest biannual “Taking Stock with Teens” Survey, MarketWatch reports, and apparently, Nike is losing touch with teenagers. Instead, the demographic seems to be spending more with Adidas and Amazon. Before you throw out your swoosh-covered sweats and socks, Nike (NKE) still […]
  • Kirsten Loose
  • October 12, 2017
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Google to counter Amazon’s Echo Show with smart screen device, sources say

Google is rumored to have a new smart device in the works, TechCrunch reports. The tabletop smart screen for the home will serve as the competitor for Amazon’s Echo Show, which has been on the market since June 2017. If true, such a device would keep Google in the smart home market race with Amazon […]
  • Kirsten Loose
  • September 30, 2017
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McDonald’s will serve antibiotic-free chicken worldwide

McDonald’s announced yesterday, Aug. 23, that it would begin the process of removing human antibiotics in their chickens worldwide starting in 2018. Currently, McDonald’s only sells antibiotic-free chicken in the America’s. The announcement will bring the fast-food giant into a global effort to “battle dangerous superbugs,” according to Reuters. The company’s target is antibiotics that […]
  • Kirsten Loose
  • August 24, 2017
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Uber settles with FTC, agrees to 20-years of audits

Uber capitulated to a settlement with the Federal Trade Commission (FTC) early this week, agreeing to submit to two decades worth of audits. The San Francisco-based company will need to implement a privacy program and submit to audits every 2 years for the next 20 years, reports ET Tech. The settlement follows an intense probe […]
  • Kirsten Loose
  • August 18, 2017
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Google to face lawsuit over gender pay gap

Google is once again making headlines this week due to a familiar issue in Silicon Valley—the gender pay gap. At least 70 current and former female employees are expected to file a class-action lawsuit against the tech giant with the help of a San Francisco employment law firm, Altshuler Berzon LLP. James Finberg, the civil […]
  • Kirsten Loose
  • August 16, 2017
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ASOS to build $40 million warehouse in Atlanta, GA

ASOS, a British online fashion and beauty store, released a statement announcing plans to build a new warehouse in the United States on Tuesday, August 8, Business Insider reports. The giant e-commerce fulfillment center will be located in Union City, near Atlanta, GA and will cost the company an initial investment of $40 million to […]
  • Kirsten Loose
  • August 10, 2017
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