For all the talk about stashing money there, there is not a lot of money in mattresses. Just ask Serta Simmons, which has filed for Chapter 11 bankruptcy, heralding an end of a hard period for the once-comfortable mattress sector….
French hospitality giant “Accor,” the largest hotel operator in Europe, has agreed to merge its boutique properties with a U.K. hotel operator called Ennismore. The deal will create the largest global operator of so-called “lifestyle hotels.” The Story Following the…
The Scoville scale is used to measure how “hot” a chili pepper or hot sauce truly is. While Cholula doesn’t quite reach ghost pepper status on the Scoville, the brand itself is on fire. Seasonings company McCormick announced Tuesday it…
If you are over the age of 19, there is a good chance you’ve never heard of Charli D’Amelio. Let us fill you in. A 16-year-old from the suburbs of Connecticut, D’Amelio just passed the 100 million follower threshold on…
Last week, General Motors announced it will launch a car insurance product. Hopefully the auto giant has insurance for this – the company announced yesterday it will recall seven million vehicles to replace faulty airbags. The Backstory Since 2013, over…
In 2020, movie theaters have suffered through 101 damnations. And it’s just getting worse. According to a report from Deadline, Disney is contemplating bypassing theaters for its upcoming films Cruella (starring Emma Stone), Pinocchio (starring Tom Hanks), and Peter Pan…
New York City isn’t known for its cocoa beans. But Pennsylvania-based Hershey has taken to New York’s futures market to procure its cocoa supplies after West African nations imposed stiff premiums on their beans. From West Africa To Wall St….
At the upcoming Super Bowl LV, greenbacks will no longer be an accepted method of payment. While reducing the spread of coronavirus is a plus – the real reason (as is usually the case with the NFL) is to maximize…
Here’s a name you probably haven’t heard in a while. A pair of serial entrepreneurs has acquired the intellectual property and ecommerce rights to RadioShack, the 99-year old electronics retailer. Internet Radio Founded in 1921, RadioShack was once a go-to-shop…
Flo and the gecko better keep an eye on market share. General Motors is launching a new car insurance product that will adjust rates based on a policyholder’s safe-driving habits (or lack thereof). Safety Saves GM’s insurance plans will be…
Apple agreed yesterday to reduce its App Store commission from 30% to 15% for businesses generating less than $1 million on its platform. Apple naysayers say it was a decidedly greedy move. App Store-y Apple’s 30% commission was first introduced…
