The health and nutrition store GNC announced it would close 1,200 of its locations. This announcement comes after the company filed for Chapter 11 bankruptcy protection this Tuesday. GNC has also stated that it’s looking for a buyer. Nail in the Coffin
On Wednesday, John Elias, a senior official in the Justice Department's antitrust division, will testify to Congress. He will claim that Attorney General William Barr improperly targeted marijuana companies with antitrust investigations due to his personal dislike for the industry. Mr. Elias plans...
Ford Motor Company, the fifth-largest automaker in the world, is taking ownership of its carbon emissions. In the company’s just released Sustainability Report, Ford unveiled plans to become completely carbon-neutral within 30 years. Additionally, it hopes to power all its manufacturing plants with green energy in half...
Microsoft is shutting down its gaming streaming service Mixer. The tech giant had hoped Mixer could be a competitor to Amazon’s Twitch and Google’s YouTube, but the platform failed to gain the traction it needed. Failure to Launch Microsoft had...
Shopify, the Canadian e-commerce company, is moving to dethrone Amazon. This week, Walmart announced it will team up with Shopify to offer goods from Shopify’s one million business clients. This comes only a month after a deal was announced between the Ottawa-based platform and...
Amy Klobuchar, the Minnesota senator who ran a longer-than-expected campaign for her party’s presidential nomination, is withdrawing from the veepstakes. The Midwest Democrat famously exited the Democratic primary and endorsed Joe Biden the same day, helping him win a massive victory in Minnesota and clearing Biden’s path to the Democratic nomination.
Six executives of the online auctioning site eBay have been charged in connection to a vengeful campaign against two critics. They now stand accused of inflicting an “extensive and disturbing campaign of harassment” against the Massachusetts couple. The married victims are authors of an online newsletter that...
For the third time in just a few years, Ford is recalling around 2.5 million vehicles due to defects in both doors and brakes. Read on to see if this recall could affect you. Defective Door Latch 2.1 million vehicles...
Reebok is ending its partnership with fitness brand CrossFit, setting off a series of cancellations by partnering companies and athletes. The separation follows an insensitive tweet by CrossFit's founder Greg Glassman. After the Institute for Health Metric and Evaluation categorized racism as a public health issue, Glassman...
Clubhouse, a yet-unreleased voice chatting app, just secured a $12 million investment from California venture capitalist firm Andreessen Horowitz (AH). The deal comes after a competition among several top-tier Silicon Valley investors, who see the up-and-coming app as the Next Big Thing. Talk of...
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