Panera

Panera Bread Has Hired A Former Theranos Crisis Communications Specialist As It Faces Ongoing Litigation Over Its Charged Lemonade Drinks, And Aims To List On The Stock Market.

Brooke Buchanan has joined Panera as the chief corporate affairs officer one month after the chain agreed to the first of four lawsuits linked to its highly caffeinated lemonade. Panera Bread has retained a top-flight crisis manager as the bakery-café chain continues to face litigation over its hyper-caffeinated Charged Lemonade and prepares for a much-delayed…

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China

China’s Richest Man Blasts Tech Giants And Government Inaction In Rare Rebuke

China’s richest man slammed online shopping platforms, calling them price warring starters that damaged a wide range of companies and industries as the country tries to quell an economic slump. And in remarkably rare comments that have been largely blacked out of state media, Zhong Shanshan, who heads drinks company Nongfu Springs, also targeted the Chinese government, which he said “laid down the ball” and showed “negligence” in failing to stop the cutthroat pricing trend. It’s extremely unusual for Chinese businesspeople to publicly criticize the government, and those who have done so have often suffered accordingly. Speaking on Tuesday…

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Trump Picks Financier Howard Lutnick As Commerce Secretary

Donald Trump has tapped investor Howard Lutnick, the co-chair of his transition team, to head the US commerce department. In his announcement, Trump said Lutnick, the chief executive of financial firm Cantor Fitzgerald, would lead the administration’s “tariff and trade agenda”. Lutnick was also considered for treasury secretary, a more prominent position. Mr. Trump has yet to decide on that closely watched post, which carries sweeping authority over areas such as the economy and tax policy. The battle for who to choose spilled into…

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Netflix

Netflix Streaming Issues During Tyson-Paul Event Spark Frustration and Humor

Friday night’s highly anticipated Mike Tyson vs. Jake Paul boxing event on Netflix generated widespread criticism—not for the action in the ring, but for technical issues that left viewers frustrated. Social media buzzed with complaints about streaming problems, including pixelation, stuttering, and even outright crashes. The issues began well before the main event at AT&T…

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S&P

S&P 500, Nasdaq End At Records And Advance Further After US Election As Fed Slashes Rates

Volatility was the setting for the Federal Reserve’s interest rate announcement and Chair Jerome Powell’s press conference Thursday afternoon. The S&P 500 and Nasdaq advanced Thursday, continuing a stock market rebound since Donald Trump’s win, as the Federal Reserve lowered rates again. The S&P 500 advanced 0.74% to end at a record of 5,973.10. The…

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