Business Insights

Global fast-food chain McDonald’s Corp is momentarily shutting its U.S. offices this week and preparing to inform workers about the coming layoffs as part of a comprehensive business restructuring. In an emailed memo to its U.S. employees and some international staff, McDonald’s asked them to work from home from Monday through Wednesday so it can deliver […]

French Prime Minister Elisabeth Borne has been criticizing government minister Marlene Schiappa for appearing on the cover of Playboy magazine. Schiappa was on the cover of France’s April issue where she was interviewed for an article discussing women’s rights. Schiappa did not appear nude but her interview was featured on 12 pages and Borne said […]

With OPEC producers talking about production on the way, rising oil prices follow and inflation grows stronger. Either which way consumers go, they’ll bear the brunt of it all. Brent crude, the global benchmark, jumped 4.8% to $83.73 a barrel, while WTI, the US benchmark, rose 4.9% to $79.36. On Sunday, Saudi Arabia announced that […]

Escalating burnout rates, continuing childcare predicament, and the haunting impacts of the pandemic have compelled thousands of women to re-examine their professional life and how they personally relate to their jobs. According to a survey involving 800 executive women, there’s a massive disengagement between what business owners think women need and what they really want. Most women in the labor […]

Rapper and influencer Lil Tay silenced a storm of speculation surrounding her alleged demise as she took to her verified Instagram account on Thursday to quell the unsettling rumors that had circulated about her supposed passing. As the online frenzy reached a fever pitch, a statement attributed to Lil Tay emerged, asserting that her Instagram […]

The prospect of Tik Tok getting banned is very real and its future hangs in the air. For advertisers the switch could likely be made to Instagram Reels, Snapchat Spotlights Ads, YouTube Shorts Ads and Facebook Stories. According to The Drum You Tube shorts hit 50 billion daily views earlier this year, it was at […]

The state of Arkansas filed two lawsuits against TikTok and its Chinese parent company ByteDance and a third lawsuit against Meta, on the companies’ alleged violation of the state’s deceptive trade practices act. It further claimed that the social media companies were misleading consumers about the safety of children on their platforms and the protection […]

Rishi Sunak has said that he will do everything he can to stop Scotland’s new First Minister Humza Yousaf from breaking up the UK. The Prime Minister said he will block Yousaf’s bid for a re-run independence referendum. “I am very clear that I passionately believe in our union… I care about our union, I […]

Legislators and policymakers have indicated that they’re moving forward with the plan to ban TikTok on a nationwide level. The growing effort to bar TikTok comes after its chief Shou Zi Chew appeared before a US House committee on Thursday, where lawmakers from both parties fenced him about national security and other concerns involving the app and […]

In a whirlwind three weeks, the billion-dollar Barbie movie, has taken the global box office by storm. Crossing the remarkable $1 billion milestone it may just come out as the biggest film of the year. All because of its masterful marketing blitzkrieg. Starring Australia’s own Margot Robbie, the movie’s groundbreaking achievement is attributed to its […]

The sharp devaluation of Twitter is now the new headache of controversial billionaire Elon Musk as the social media company is now worth less than half of what he paid for it six months ago. Twitter’s CEO Musk inferred to staff that the company is now valued at less than $20bn, compared with the $44bn […]

Consulting firm Accenture PLC will cut 19,000 jobs which is approximately 2.5% of its workforce. The company said it expects to insure $1.2 billion in employee severance and personnel costs. According to a report in Fortune magazine, this is the latest sign of economic uncertainty that has affected not just consultancies but also the tech […]

Thirty-five years in prison is what awaits former Florida State Representative Joseph Harding as he pleaded guilty to scam, money laundering, and making false statements for COVID-19 relief money, the Department of Justice (DOJ) affirmed. Harding was accused of seeking COVID relief loans from the Small Business Administration (SBA) in 2020, when he was still a Republican member of […]

Lack of anything to eat and food insecurity are issues expected to escalate in 2023 due to the effect of cuts to the food stamps program, high inflation, and the end of pandemic benefits. Food insecurity indicates that someone isn’t able to secure enough food for a nutritious diet, which can lead to skipping meals or cutting […]

Jeff Bezos’ ex-wife MacKenzie Scott is giving away $250 million in an open call to community focused non profit organisations. According to Fortune magazine, Scott will make the $1 million donations to 250 selected NGO’s through her organization Yield Giving. She said it will be a “new pathway to support for organizations making positive change […]