Big changes are happening at the Louisville-based Brown-Forman Corporation, one of the largest spirits and wine companies in the U. S. They're closing their barrel-making cooperage, which currently employs around 210 people, by April 25. This is part of a bigger plan to cut jobs globally and restruc
Eli Lilly, a company based in Indianapolis, recently faced a blow when its stock prices dipped. The reason? Their weight-loss drugs, Zepbound and Mounjaro, didn't sell as well as expected. The company predicted they'd make about $13. 5 billion in the December quarter, which is less than what experts
Starbucks has decided to end its open door policy. This means that customers will now need to buy something to use the bathroom or hang out in the cafes. The company is hoping this will improve the experience for paying customers and employees. This change comes after years of allowing everyone to u
Mark Zuckerberg, the head of Meta, has announced that the company will be laying off more employees who aren’t performing well. This move comes as Meta focuses on developing cutting-edge technologies such as AI, augmented reality glasses, and the next generation of social media platforms. Zuckerberg
Jennifer Rubin, a well-known columnist at The Washington Post, has decided to leave the newspaper. She's joining a new startup, but not without some harsh words for the paper's owner, Jeff Bezos. Rubin feels that big media owners like Bezos have let down their readers by trying to play nice with pol
In Philadelphia, Whole Foods employees are gearing up for a union vote. They've been offered free snacks by management, but some workers say Amazon, the company that owns Whole Foods, is using other methods to discourage unionization. These methods include posting anti-union messages, replacing stor
Tech giant Apple is asking its investors to keep the company's diversity, equity, and inclusion (DEI) policies intact. This comes as other businesses and organizations face pressure to roll back similar initiatives following the 2023 U. S. Supreme Court ruling on affirmative action. A conservative t
Imagine a scenario where volunteers armed with tech know-how offer to lend a hand to the government. This isn't just a cool idea; it's a real plan proposed by Elon Musk. But can it really make a dent in saving tax dollars? That's the big question hovering over this intriguing proposition. First, le
Treasury Secretary Janet Yellen recently shared her views on the ongoing inflation issue, suggesting that the stimulus packages implemented during the COVID-19 pandemic might have played a small role. However, she emphasized that the primary cause of rising prices was the pandemic itself, which led
As the sun begins to rise at the J. P. Morgan Healthcare Conference, there's a big announcement from GSK plc. They're swooping in to acquire IDRx, a small biotech company based in Plymouth, Massachusetts. IDRx is known for their work on personalized treatments for a rare cancer called gastrointestin
