Business Timeline

Store Shelf Surveillance Cameras May Be Coming To A Supermarket Near You

retail surveillance cameras

Surveillance cameras on store shelves may sound like something out of 1984, but they could soon be coming to a store near you. Retailers are considering installing store shelf cameras in order to garner yet more personal purchasing information. The cameras will allegedly only be used to tract demographics associated with buying habits. Every time… Read more »

JC Penney Store Closings: Company To Shutter 33 Locations In The US

JC Penney Closings

JC Penney recently announced 33 store closings across the US. As a result, approximately 2,000 people will find themselves on the unemployment line. The decision to shutter the locations is part of the company’s plan to turn things around after several long months of sagging sales and revenue. According to JC Penney, the store closings… Read more »

Monster Energy Drinks Acquired By Coca Cola Soon? [Rumor]

Monster Energy Drinks Acquired By Coca Cola Soon? [Rumor]

Will Monster drinks soon be an energy drink brand owned by Coca Cola? As previously reported by The Inquisitr, a Monster drinks lawsuit claims the energy drinks are illegally marketed to children. This isn’t the first time there’s been rumors about Monster Beverage Corporation being a target for Coca Cola acquisitions. Back in 2011, the… Read more »

Japanese Jim Beam Gets In The Spirit With Justin Timberlake Tequila

Jim Beam, acquired by a Japanese based company on Monday, will add Justin Timberlake to their brand.

Jim Beam being newly acquired by Japanese company Suntory had everyone lamenting the death of good ole fashioned American liquor. But have no fear, Justin Timberlake is here. As previously reported on The Inquisitr, Suntory’s acquisition of Jim Beam is worth $13.62 billion and helped see the companies shares soar through the roof. But Jim… Read more »

Macy’s Job Cuts: 2,500 Positions Eliminated, Five Stores To Close

Macy's Job Cuts: 2,500 Positions Eliminated, Five Stores To Close

Macy’s job cuts are on the way, with 2,500 positions set to be eliminated as part of the company’s reorganization efforts. The department store chain was just coming off of a strong holiday season when it announced the job cuts. The Macy’s job cuts may not necessarily mean that 2,500 people will be out of… Read more »

Bill Gates Richest Person In The World Once Again

Bill Gates richest person in the world

Bill Gates is once again the richest person in the world. According to the Bloomberg billionaires index, the 58-year-old founder and chairman of Microsoft Corp. added $15.8 billion to his fortune, which is now worth $78.5 billion, as shares of the world’s largest software maker rose 40 percent. Gates reclaimed the title from Mexican investor… Read more »

Pizza Hut Celebrates 20 Years Of Digital Ordering With Deep Discounts

Pizza Hut Online Ordering

Pizza Hut is currently celebrating 20 years of digital ordering by offering its loyal customers some extremely deep discounts on select pizzas. Believe it or not, the company was the first to sell physical goods online. Pizza Hut reportedly launched PizzaNet back in 1994, years before other companies decided to peddle their respective wares through… Read more »

Minnesota Town Bans Homeowners From Renting Their Homes

winona, minnesota rental properties

Minnesota residents are challenging a new ordinance which prohibits homeowners from renting their own homes. The first-of-its-kind law was enacted in the city of Winona to reportedly thwart “anti-social behavior,” crumbling housing conditions, and curb excessive parking, according to a report by Watchdog Minnesota. Some residents in the Winona State University town believe the rental… Read more »

Burger King Revamps Dollar Menu, Unveils King Deals

Burger King King Deals

Burger King is the latest company to give their dollar menu a major overhaul. The fast food joint isn’t ditching their dollar menu altogether, but it’s definitely getting a makeover. In addition to offering menu items for a buck, the company is giving customers a few selections priced slightly higher than others. Goodbye dollar menu,… Read more »

McDonald’s ‘Don’t Eat Fast Food’ Website Shut Down

McDonald's shuts down employee website

The McDonald’s employee website that recommended workers avoid eating fast food has been taken down after it generated negative and embarrassing publicity for the hamburger chain. The website in question, McResource Line, suggested that a fast-food diet could contribute to obesity. In fact, it labeled an image of a burger, fries, and a soda —… Read more »

US Unemployment Rate Hits Five-Year Low

US Unemployment Dips To Seven Percent

The US unemployment rate has dipped to its lowest point in five years. Employers in the US hired more people in November than anticipated. This brought the number of out of work job seekers down to seven percent from 7.3 percent in October. The US Labor Department reports that 203,000 jobs were added last month…. Read more »

Taco Bell Wants To Conquer Breakfast, Plans New Mobile Ordering Platform

Taco Bell Breakfast

Taco Bell really wants to conquer the breakfast market over the course of 2014. The company is also plotting to unveil a brand new mobile ordering platform that could theoretically revolutionize the fast food experience. Yum! Brands held its annual Analyst Day on Wednesday (December 4), an event that found the company discussing a number… Read more »

Bitcoin Mining: Scams, Value Bubbles, And $7.5 Million Lost In A Landfill

Bitcoin Mining: Scams, Market Bubbles, And $7.5 Million Lost In A Landfill

Bitcoin mining just became physical when English man James Howells decided to go “mining” for his lost hard drive worth $7.5 million in Bitcoins. But as the Bitcoin gold rush begins some people are raising warning signs. As previously reported by The Inquisitr, the US Senate recently held a hearing on whether the virtual Bitcoin… Read more »

Obama Stuns Bookstore Shoppers With Visit On Small Business Saturday

Obama Stuns Bookstore Shoppers

As President Obama stuns bookstore shoppers, and most likely the business owners on “Small Business Saturday,” you have to wonder what he was doing there. As previously reported by The Inquisitr, maybe the move was made in the hopes of offsetting the decision not to open the Obamacare small business portal until 2014. Obama got… Read more »

Condé Nast Shuts Down Internship Program After Lawsuit and Media Outrage

Conde Nast

If you’re a huge entertainment conglomerate, how do you respond to allegations that your internship program is illegal and unfair? By shutting it down permanently, of course. That’s what publishing giant Condé Nast did, following significant media backlash after two interns filed a lawsuit this summer claiming that they were owed minimum wage for the… Read more »

F-35 Cost Reductions May Save US Department of Defense $2 Billion

F-35 Costs Drop

F-35 costs are likely to go down and save the US Department of Defense nearly $2 billion. A new order for 40 fighter jets placed by South Korea will lower the individual costs for F-35 aircraft. US manufacturer Lockheed Martin will be tasked with filling Seoul’s order. According to Reuters, insiders believe that not only… Read more »

Peak Oil Hasn’t Been Averted, World Economy Still At Risk [Study]

Peak Oil Still On The Way, Shale Gas Not A Solution

Peak oil is still on the way and it’s not going to be pretty. At least, this is what a recent study examining oil production across the globe has found. The report comes from a multi-disciplinary, peer-reviewed study which seems to shoot down recent claims made by oil industry insiders and other sources. In fact,… Read more »