DIRS.INFO The most relevant business & tech news

☆ Workers are historically stressed out and disengaged
▼ + stars: | 2023-06-13 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

A new Gallup poll released Tuesday revealed that workers around the world are historically stressed, disengaged with their work and increasingly fighting with their bosses. Gallup’s “State of the Global Workplace 2023” examined how “employees feel about their work and their lives, an important predictor of organizational resilience and performance.”Survey results revealed that 59% of workers are “quiet quitting,” i.e. are not engaged; and 18% are “loud quitting,” which is the act of being actively disengaged (but still employed). That’s 8% higher than last year, indicating that “deeply unhappy workers are able to leave bad workplaces” and find a career they like, according to the company. They understand what to do; they have what they need; and they have a supportive manager and a supportive team.

Persons: You’re, Gallup’s, ”, they’re, Gallup, “ Organizations: New, New York CNN, Gallup Locations: New York, Gallup’s “ State

☆ 7-Eleven is giving the Slurpee a makeover
▼ + stars: | 2023-06-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The Slurpee, an iconic 7-Eleven frozen drink, is getting a makeover. Currently, stores sell at least three flavors (Coca-Cola, cherry and blue raspberry) and 7-Eleven often changes up its limited-time offerings. In 1965, 7-Eleven licensed the machine and changed its name from ICEE to Slurpee, because it described the sound drinkers made while sipping it through the straw. In the 1970s, 7-Eleven sold special cups with sports stars, video games and singers and some people even saved them to collect all of the designs. Every year, 7-Eleven celebrates the frozen concoction on July 11 (you know, 7/11) and hands out free small Slurpees to customers.

Persons: didn’t, Omar Knedlik “, ICEE Organizations: New, New York CNN, National Association of Convenience Stores Locations: New York, Queen, ICEE

☆ Netflix password crackdown leads to an explosion in subscription sign-ups
▼ + stars: | 2023-06-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

The streaming service has seen a bigger jump in new subscriber sign-ups as a result of the crackdown than it did in the early days of the Covid pandemic. In the following days, Netflix has seen a more than 100% increase in sign-ups from the prior 60-day average. For years, Netflix turned a blind eye to password sharing because it was fueling growth. But the streamer suffered heavy subscriber losses last year, and said that password sharing hurt its revenues and therefore limited its ability to invest in new content. The company started to clamp down on password sharing in several countries earlier this year, including Canada, New Zealand, Portugal and Spain.

Persons: “ Organizations: New, New York CNN, Netflix Locations: New York, United States, Canada, New Zealand, Portugal, Spain

☆ Inter Miami ticket prices soar after Messi joins MLS team
▼ + stars: | 2023-06-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —“Messi mania” has reached the United States, if ticket prices are any indication. Ticket prices have soared nearly 1,000% for some games, with extraordinary prices rarely seen for MLS games, VividSeats told CNN. A fixture between Inter Miami and Los Angeles FC in the California city on September 3 rose 400%, with the average price increasing from $150 to $785. “We are pleased that Lionel Messi has stated that he intends to join Inter Miami and Major League Soccer this summer,” the league said. CNN has reached out to Major League Soccer, Inter Miami, Messi’s representative, Apple and David Beckham, who is part of Inter Miami’s ownership team, to confirm the financial details.

Persons: New York CNN — “ Messi, ”, Lionel Messi, he’s, VividSeats, Messi, Cruz Azul, hasn’t, “, ” It’s, Eddy, David Beckham, Germain Organizations: New, New York CNN, Major League Soccer, Inter Miami, MLS, CNN, Athletic, New York Red Bulls, Los Angeles FC, League, Apple, Apple TV’s, Inter, Paris Saint, Ligue, PSG Locations: New York, United States, Saudi Arabia, Barcelona, Mexican, California, Florida

☆ Ship collision caused by a watch officer on his phone
▼ + stars: | 2023-06-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —A distracted ship operator was texting on his phone instead of doing his lookout duty when two large ships collided off the coast of Louisiana last July, a federal agency investigation has found. The Bunun Queen (left) and the Thunder (right) shown before the casualty. From National Transportation Safety Board/Wisdom Marine International/Jackson OffshoreThe probable cause of the accident was the result of the Thunder watch officer’s distraction due to cell phone use, the NTSB report concluded. “Using cell phones and other personal electronic devices has been demonstrated to be visually, manually, and cognitively distracted,” the NTSB report said. “Nonoperational use of cell phones and other wireless electronic devices by on-duty crewmembers in safety-critical positions has been a factor in accidents in all transportation modes.”

Persons: New York CNN —, cognitively Organizations: New, New York CNN, National Transportation Safety, Transportation Safety, Jackson, Thunder, NTSB Locations: New York, Louisiana

☆ Taco Bell's iconic Crunchwrap menu item is going vegan
▼ + stars: | 2023-06-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ Fox Corp. board under investigation by Oregon’s attorney general for violating its fiduciary duties
▼ + stars: | 2023-06-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

☆ San Francisco Hilton investor will stop making loan payments
▼ + stars: | 2023-06-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Downtown San Francisco has been dealt another blow after an investor in one of its largest hotels said it would stop paying its loans. An investor presentation from Park reveals that San Francisco accounted for 16% of its business in 2019, then fell to just 3% over the past 12 months following the pandemic. The San Francisco Hotel Council told CNN affiliate KGO-TV that it’s “not uncommon for hotel ownership to change” and it expects the hotel will find new owners. Property crimes in San Francisco have garnered national attention because of several attention-grabbing videos of thieves in action. Meanwhile, violent crime statistics in San Francisco have remained relatively steady in recent years.

Persons: Thomas Baltimore , Jr, ”, It’s, Nordstrom Organizations: New, New York CNN, Downtown, Park, Resorts, Hilton San Francisco, Square, Marriott, Hyatt, San Francisco, San Francisco Hotel Council, CNN, KGO, San Francisco Police Department Locations: New York, Downtown San Francisco, Francisco, San Francisco

☆ Bud Light sales keep slipping. But it remains America’s top-selling beer
▼ + stars: | 2023-06-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

For the past several weeks, Bud Light sales declines have hovered around 25% weekly because of customer revolt following an Instagram partnership with transgender influencer Dylan Mulvaney. In response, Anheuser-Busch (BUD) said it was bolstering marketing on Bud Light and would offer rebates to customers. Bud Light has made up 35.1% of domestic beer sales this year (through May 27), according to NIQ. The biggest beneficiaries of Bud Light’s slipping sales continue to be MolsonCoors’ Miller Light and Coors Light, with sales up a whopping 26% and 23% respectively, according to NIQ. Sales of its Modelo Especial and its recently launched low-carb beer Modelo Oro are strong with sales up 9.5% and its share of the total beer category surpassing Bud Light last week, Williams said.

Persons: New York CNN —, Bud Light, Bump Williams, Bud, influencer Dylan Mulvaney, BUD, Williams, Bud Light’s, NIQ, ’ Miller Organizations: New, New York CNN, Memorial, Bud Light, Anheuser, Busch, CNN, Coors, Beer Business, Modelo, Constellation Brands, Modelo Especial, Cinco de Mayo Locations: New York, America, United States, Beer, Oro, Cinco

☆ Spotify cuts 200 jobs within its podcasting unit
▼ + stars: | 2023-06-05 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

House Republicans wanted to add work requirements for some American adults receiving Medicaid, but the debt ceiling bill doesn't include them. Currently: There is no federal work requirement. Former President Donald Trump's administration granted waivers to several states to impose such a mandate on certain enrollees. Unchanged: There is no federal work requirement. But states would have picked up the full tab for about 900,000 of them, leaving around 600,000 uninsured.

Persons: Donald Trump's, Joe Biden's Organizations: Republicans, Congressional Locations: Georgia

☆ How Chick-fil-A became a target for going ‘woke’
▼ + stars: | 2023-06-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

It joins a growing list of companies that right-wing media and conservatives on social platforms have chastised for so-called “woke” marketing. But Chick-fil-A is an unusual target for the right wing because of the company’s conservative bona fides. The fact that Chick-fil-A has been trending online and the subject of conservative media news segments shows the power that a few people with large social media followings can have. Chick-fil-A says it is “committed to being better at together.”“Our founder, Truett Cathy, believed that ‘a great company is a caring company,’” Chick-fil-A notes on its DEI web page. In 2012, former Chick-fil-A President Dan Cathy spoke out against America’s legalization of same-sex marriage, which sparked boycotts from the left.

Persons: New York CNN —, Joey Mannarino, Charlie Kirk, Ian Miles Cheong, What’s, Erick McReynolds, Chick, who’s, “, ” “, Truett Cathy, ’ ”, McReynolds, Dan Cathy, It’s, Bud Light, Dylan Mulvaney, Bud Light’s, ”, Matt Walsh Organizations: New, New York CNN, DEI, Inc, Target, Anheuser, Beer Business, Twitter Locations: New York, statehouses

☆ Diddy is suing the co-owner of his tequila for racial discrimination
▼ + stars: | 2023-06-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Sean “Diddy” Combs is suing Diageo for racial discrimination, claiming that the spirits company that produces DeLeón — the tequila he co-owns with the company — failed to market DeLeón on par with its other brands, including Don Julio and George Clooney’s Casamigos brands. Tequila sales have grown in the United States in recent years, according to data from Distilled Spirits Council of the United States. However, Combs said that his tequila brand hasn’t benefited from the same growth as Casamigos or other tequilas. “While Diageo invested in and expanded its other brands — many of which were acquired after Ciroc and DeLeon — Mr. Combs’ brands were allowed to wither,” it said. In 2013, Combs bought DeLeón and formed a joint venture with Diageo for the high-end tequila.

Persons: Sean “ Diddy ” Combs, Don Julio, George Clooney’s, Combs, Ciroc, DeLeon, DeLeon — Mr, Martha Stewart, DEO, “, we’ve, Diddy, ” Organizations: New, New York CNN, Diageo, Diageo “ kneecapped, Ciroc, Tequila, Casamigos, “, CNN, ” Locations: New York, United States

☆ Anheuser-Busch loses top LGBTQ+ rating over its Bud Light response
▼ + stars: | 2023-05-19 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

New York CNN —Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. Bud Light sales dropped in the ensuing weeks. Bud Light has been embroiled in controversy since April. But Bud Light hasn’t gotten the benefit of support for its initial deal with Mulvaney because of its subsequent reaction. During the discussion, he mentioned that Bud Light is just one brand within the company’s broad portfolio, which has not changed its full-year outlook.

☆ Starbucks is changing its ice cubes
▼ + stars: | 2023-05-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Starbucks is changing its ice cubes. Customers who order cold beverages will now sip on “nugget ice” in their drinks, ice pieces which are smaller than the chain’s current cubes. The nuggets don’t melt any faster, the company said, and the switch to nuggets doesn’t mean customers will get any less ice since baristas are using the same ice scoop. New Starbucks CEO Laxman Narasimhan sees room for improvement in the business, which includes installing new equipment. Starbucks said in a statement that the new ice machines use less water and will be rolling out to all its stores over the next several years.

☆ Chick-fil-A’s first-ever restaurant is closing
▼ + stars: | 2023-05-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Chick-fil-A’s first-ever restaurant is closing after more than a half-century in business. Opened in 1967, the Greenbriar Mall food court location in Atlanta is set to close on Saturday, according to local reports. It’s unclear why the restaurant is closing and Chick-fil-A didn’t immediately return CNN’s request for comment. In 1997, a plaque was installed at the mall restaurant to celebrate its 40th anniversary and celebrate how the company pioneered in-mall dining. Its success led him to evolve the restaurant into the Chick-fil-A chain, and some consider that to be the first Chick-fil-A location.

☆ Dr Pepper Float ice cream now exists
▼ + stars: | 2023-05-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

New York CNN —CNN’s Kaitlan Collins will anchor a new show at 9 pm starting in June, CNN CEO Chris Licht announced Wednesday. Since then, the 9 pm slot was hosted by a cast of CNN anchors, special interviews and town halls. Licht said Collins will leave the CNN This Morning show, which will be led by Poppy Harlow “alongside a rotation of CNN guest anchors.” Collins’ departure from the morning show is the second in a month after Don Lemon parted ways with CNN in April. CNN's Kaitlan Collins Jeremy Freeman/CNNCollins last week interviewed former President Donald Trump during CNN’s contentious and controversial town hall event. “I’m so thankful for my friend and co-anchor Poppy and will be cheering on the CNN This Morning team every day.”Collins, 31, joined CNN in 2017 as White House reporter.

☆ Perdue made its own beer for ‘beer can chicken’
▼ + stars: | 2023-05-17 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

☆ Oscar Mayer’s Wienermobile is getting a new name
▼ + stars: | 2023-05-17 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Oscar Mayer’s Wienermobile is driving off into the sunset. Oscar Mayer says the new Frankmobile name “pays homage” to the new recipe for its hot dogs rolling out this summer. The brand’s new recipe for hot dogs represents the first change to Oscar Mayer’s franks in six years. Oscar Mayer, owned by Kraft Heinz (KHC), has often used cheeky marketing tactics to attract attention to its packaged products. Kraft wrote down the value of its Kraft and Oscar Mayer brands in 2019 by $15 billion because consumers have shifted their preferences away from processed foods.

☆ Comcast CEO says company will ‘more likely than not’ sell Hulu stake
▼ + stars: | 2023-05-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

☆ Taco Bell is fighting to cancel the ‘Taco Tuesday’ trademark
▼ + stars: | 2023-05-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Taco Bell wants to liberate the “Taco Tuesday” trademark from a smaller, rival chain. The taco chain filed a petition Tuesday (naturally) with the US Patent and Trademark office to cancel the trademark, owned by rival Taco John’s for 34 years, because Taco Bell claims the commonly used phrase “should be freely available to all who make, sell, eat and celebrate tacos.”Since Taco John’s owns the trademark, other restaurants and companies must seek permission to use “Taco Tuesday” in branding and advertising. Taco Bell added that “nobody should have exclusive rights in a common phrase.”Maggie Mettler, director of legal for Taco Bell’s parent company, Yum! And it may have a strong case, because “Taco Tuesday” has become a commonly used phrase, according to trademark attorney Josh Gerben. “Taco John’s would like to thank our worthy competitors at Taco Bell for reminding everyone that ‘Taco Tuesday’ is best celebrated at Taco John’s – the trademark owner of Taco Tuesday.”In response, Taco John’s is selling a “Taco Tuesday” deal of 2 tacos for $2 everyday until May 31.

☆ Adidas will sell Yeezy shoes after all
▼ + stars: | 2023-05-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Adidas has decided what it’s going to do with its unsold Yeezy merchandise. It had been under pressure from investors to determine what to do with merchandise after Adidas terminated its partnership with Ye, formerly known as Kanye West. Adidas (ADDDF) ended its almost decade-long partnership in October 2022 after Ye wore a “White Lives Matter” T-shirt in public. Losing the highly profitable Yeezy line hit sales in the quarter by around 400 million euros ($441 million), Adidas said during its earnings last week. Adidas said it “rejects these unfounded claims and will take all necessary measures to vigorously defend ourselves against them.”

☆ Starbucks adds $1 surcharge for some Refreshers orders
▼ + stars: | 2023-05-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

☆ Tempur Sealy to buy Mattress Firm for $4 billion
▼ + stars: | 2023-05-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

Search resuls for: "Jordan Valinsky"

25 mentions found