Business Timeline

Macy’s Is Hiring 86,000 Seasonal Workers

Seasonal Workers

Macy’s is hiring 86,000 seasonal workers throughout the United States. The temporary employees will work at call centers, distribution hubs and existing stores during the holiday season. The number of seasonal workers has increased more than 3 percent — due to an expected increase in online sales. A large portion of the workers will staff… Read more »

DreamWorks Animation In Process Of Being Sold To Japan’s SoftBank

DreamWorks

Yesterday evening, The Hollywood Reporter broke the story that Softbank, a Japanese conglomerate, was in talks to buy the animation leg of DreamWorks pictures. The estimated value of DreamWorks Animation as a result of the deal would be $3.4 billion, according to a source with knowledge of the deal in progress. DreamWorks founder and CEO… Read more »

It Ain’t Miller Time: Heineken Rejects Takeover Bid

Heineken_bottle

If you’re a purist when it comes to a certain Dutch beer, you can breathe a sigh of relief today. That’s because Heineken rejected a bid by close rival SABMiller to take over the Netherlands-based brewer. As reported by CBS News, on Sunday Heineken released a statement claiming the family-owned beer company turned down the… Read more »

Oklahoma Indian Tribes Raise Minimum Wage

Oklahoma-Indian-Tribes-Raise-Minimum-Wage

Oklahoma Indian Tribes are the latest group to involve themselves in the national debate over raising the minimum wage. According to non-profit news organization Oklahoma Watch, many of the state’s tribes have taken it upon themselves to raise minimum wages at businesses owned or operated by the tribes. Oklahoma Watch reports that many of the… Read more »

Zombie Homes: New York State Fights Back

Foreclosure

Zombie Homes. They’re what homes are called when the owner can’t make the mortgage payment anymore, but the bank hasn’t yet taken ownership. They’re not really living — as in no one really owns them or is paying to own them, and they’re not really dead, or permanently abandoned. New York Attorney Eric Schneiderman has… Read more »

Alibaba IPO To Be Biggest In History, But Where Do They Go From Here?

Alibaba-IPO-To-Be-Biggest-In-History,-But-Where-Do-They-Go-From-Here-

Chinese eCommerce behemoth Alibaba’s IPO in coming weeks is expected to be among the largest in world history when the stock goes live in New York. Forbes reported that the Alibaba IPO is expected to be as high as $20 billion, according to reports. Already investors are wondering where the ceiling is for Alibaba’s IPO,… Read more »

Laptop Ban Issued By Bakery, Should More Restaurants Follow Suit?

Laptop Ban Now In Effect At Bakery

A laptop ban issued by a bakery has resulted in a sales increase, the owners claim. August First, a cafe in Vermont operated by Jodi Whalen and Phil Merrick, decided that it didn’t want to be “one of those places” with the same few clients who camped out all day behind a laptop computer. Finding… Read more »

Is This Alabama Abortion Clinic Targeting Middle Schoolers?

abortion

Over the last two weeks, the war between pro-life and pro-choice suddenly sparked in aggressiveness when The Inquisistr reported on how the socially-viral ALS ice bucket challenge. Why? In our article, we reported how the funds for the challenge would go to fund ALS research, which may use embryonic stem cells that are primarily harvested… Read more »