Cracker Barrel terminates its collaboration with consulting firm Prophet following strong criticism over logo change.
Cracker Barrel Ends Partnership with Prophet After Backlash Cracker Barrel has decided to sever ties with the consulting firm Prophet, which was behind its controversial rebranding efforts. The restaurant chain faced significant backlash when loyal customers felt that their favorite aspects of the brand were compromised following the release of a new logo and updated […]
Bilt’s rewards program will relocate its headquarters to the Meatpacking District in NYC.
Bilt, a loyalty program centered around rent payments and upcoming mortgage benefits, is relocating to a new space of nearly 60,000 square feet in Manhattan’s Meatpacking District. This New York-based startup, which operates as a payment processor, has finalized a 15-year lease for the Samsung building at 837 Washington Street, which is currently undergoing significant […]
Treasury Secretary Bessent expresses disappointment over the shutdown, claiming Democrats are negotiating like ‘terrorists’
Treasury Secretary Scott Bescent expressed concerns on Thursday about the potential negative impact of government shutdowns on economic growth, attributing the blame to Democrats for the ongoing dispute. During an appearance on CNBC’s “Scoobox,” he noted, “This isn’t an effective way to engage in debate; it could lead to a government shutdown and a drop […]
Paramount Skydance is set to appoint Bari Weiss as the editor in chief of CBS News, according to sources.
Bari Weiss Expected to Lead CBS News Amid Major Changes Paramount Skydance is gearing up to appoint Bari Weiss as the editor of CBS News in the coming days. This move comes as part of an initiative to revitalize a network that’s been facing challenges, especially in acquiring her controversial news outlet, The Free Press. […]
Trump chooses Citi to handle his finances after years of banking issues, according to a report
Trump Trust Set Up with Citigroup President Trump has been critical of Citigroup in the past, especially regarding its involvement in managing his finances. However, recent reports indicate that his son, Eric Trump, has established a trust with the bank, now the third-largest lender in the U.S., to manage a portion of Trump’s wealth, as […]
FICO stock rises on proposal that may exclude Experian and Equifax from mortgage credit reporting
Shares of Fair Isaac Corp. jumped in morning trading on Thursday after a US data analytics firm announced it would directly license credit scores to mortgage resellers. This development has sparked worries about potential margin pressures for major credit bureaus. The stocks of Experian, Equifax, and Transunion took a hit, as the move raised fears […]
London bureau staff to be laid off as separation from MSNBC and CNBC approaches
NBC News is starting to lay off staff from its London Bureau, a move that’s seen as part of a restructuring process ahead of the split between its sister channels, MSNBC and CNBC. They’ve entered what’s called the “consultation phase,” which is a legally required step in the UK before making cuts. This information comes […]
Numerous US executives hit by ransomware in significant attack, Google alerts
Massive Ransomware Campaign Targets US Business Executives Hackers associated with well-known ransomware groups have launched a significant campaign against US business executives, as reported by Google on Thursday. This operation has been underway since last month, impacting numerous organizations. According to Google researchers, these attackers are linked to the notorious “Clop” ransomware gang. They have […]
Berkshire Hathaway is purchasing OxyChem for $9.7 billion, which might be Warren Buffett’s final major transaction.
Berkshire Hathaway’s Major Acquisition Berkshire Hathaway is set to acquire Occidental’s petrochemicals division for $9.7 billion, potentially marking one of Warren Buffett’s last significant deals in his storied career as a dealmaker. Interestingly, Buffett’s name didn’t appear in the release from Berkshire. Maybe they’ll bring him up in their upcoming discussions on Thursday, perhaps as […]
Film company of Justin Baldoni faces lawsuit from NY Times for legal expenses in $400 million defamation case
New York Times Sues Justin Bardoni’s Production Company The New York Times has initiated legal action against actor Justin Bardoni’s production company, Wayfarer Studios, seeking to recover legal costs from a $400 million defamation lawsuit. In their complaint, the Times is looking for unspecified damages to offset expenses related to the lawsuit filed by Ryan […]