Business

Jul19, 2018

JetBlue Founder David Neeleman Starting a New Airline

The founder of JetBlue Airways, David Neeleman, bought 60 Airbus A2220-300 commercial jets and is starting a new airline. The 60 planes cost him $5.4 billion and Neeleman plans on launching the airline by 2021. Neeleman issued the following statement:…
Jul18, 2018

Adidas Vows To Only Use Recycled Plastics By 2024

Large companies are racing to become more sustainable and environmentally friendly. In the past, companies like Patagonia and REI have focused their marketing strategies on giving back to the earth. Now, non-outdoors sportswear companies are joining in on the breath…
Jul17, 2018

Pence Family’s Old Gas Chain Is Costing Tax-Payers Millions

Remnants of the collapse of Kiel Bros. Oil Co. in 2004 is costing tax-paying Americans. The father of the Vice President, Edward Pence, grew the gas station chain from a small-town vendor in Columbus, Indiana to an oil empire of…
Jul16, 2018

Pininfarina Designs $2 million EV Hypercar

Automobili Pininfarina, the car manufacturing company that produces Ferraris in Germany, announced that they will be building a $2 million electric hypercar. The blueprints of the new luxury vehicle present a thin, sleek, two-seater with a single beam of light…
Jul14, 2018

Kylie Jenner Listed on Forbes America’s Women Billionaires List

Forbes featured Kylie Jenner in America’s Women Billionaires in the August 31st, 2018 issue. Jenner, 20, is the youngest Kardashian-Jenner in the reality TV family and has created a cosmetic empire with her company Kylie Cosmetics. Forbes reported $630 million…
Jul13, 2018

Papa John Facing Backlash After Racism Comments

Founder and former CEO of Papa Johns Pizza, John Schnatter, resigned after news broke about him using the n-word in a conference call with a marketing agency. The purpose of the call was to participate in a training program regarding…
Jul12, 2018

Toyota Launched New Car-Sharing App In Hawaii

Toyota has developed and launched a new car-sharing service around Honolulu, Hawaii. The service allows islanders and tourists to access Toyota vehicles at car-sharing stations on the island of Oahu. The service is run through an app called “Hui Car…
Jul11, 2018

BMW Signs Contract With Chinese Battery Manufacturer

BMW announced that the all-electric iX3 SUV will be manufactured in China and exported to outside markets. The German automaker also confirmed a new battery contract for all of their new electric cars. The contract is bigger than this firm…
Jul10, 2018

Mining mogul sentenced to 30 years in prison

Batista booked Eike Batista, a Brazilian oil and mining mogul, was sentenced to 30 years in prison on Tuesday after paying over $16 million in bribes. Moreover, Federal Judge Marcelo Bretas found Batista guilty of bribing Rio de Janeiro governor…
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