business

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Snap's Futuristic Sunglasses Apparently a Massive Fail

Hundreds of thousands of camera-fitted Spectacles said to be gathering dust in warehouses

(Newser) - A misstep for Snap? Citing "two people close to the company," the Information reports hundreds of thousands of its camera-equipped Spectacles released last fall are sitting unused in warehouses because of low demand, despite CEO Evan Spiegel's recent claim that some 150,000 sales had surpassed company... More »

Trump Loses 2 WH Business Councils Amid Criticism

He disbanded them, though one may have beaten him to the punch

(Newser) - President Trump tweeted Wednesday that he's shutting down both his Manufacturing Council and Strategic and Policy Forum "rather than putting pressure on the businesspeople" involved. However, Bloomberg reports the Strategic and Policy Forum had already decided to disband Wednesday in the wake of Trump's comments on neo-Nazis,... More »

5 Best, Worst States to Launch a Business

North Dakota is tops; New Jersey ranks lowest

(Newser) - "Location, location, location" has become a mantra in real estate, but it's also applicable if you're thinking of starting up your own business. WalletHub takes a close look at the business environment, business costs, and access to resources in all 50 states, diving deep into 20 various... More »

Most-Loved CEOs Aren't Who You Think

Elon Musk comes in at No. 8

(Newser) - It's not much of a surprise that Travis Kalanick was left off Glassdoor 's list of the top 100 CEOs, based on opinions from the employees they manage. But what may come as a surprise are those on the top of the list, who inched past Mark Zuckerberg... More »

Ivanka's Advice for Stressed Women: Try Calligraphy

'Don't gossip' among business tips in new book

(Newser) - Ivanka Trump says her new book , with tips on how to be a successful working woman, is a "manual for architecting the life you want to live." Reviewers say Women Who Work: Rewriting the Rules for Success is a nauseating read with no more helpful advice than "... More »

Inside a Former Chocolate Factory: a 'Unicorn' and a Whole Lot of Pot

Canopy Growth dominates Canada's medical marijuana market

(Newser) - The 472,000-square-foot factory in a small town in Ontario once spewed out Hershey's chocolate. Now it's home to the world's largest legal marijuana producer, which supplies pot to 40,000 users across Canada and exports to Germany and Brazil. Canopy Growth—found under the ticker "... More »

What Happened When Walmart Raised Wages

Retailer bets big on the concept of 'efficiency wages'

(Newser) - The New York Times has a deep dive on how Walmart bet big on its business by investing in its employees. In 2015 the retailer quietly implemented a new focus on employee welfare, increasing pay across the board and developing programs to make the management track more accessible to employees.... More »

How Patagonia Gets 100% of Its Moms to Return to Work

National average is 79%

(Newser) - Patagonia has accomplished an amazing feat: Over the past five years, every single woman who has gotten pregnant while working for the high-end outdoor clothing brand has returned to her job. The national average is 79%. If the former stat sounds too good to be true, Patagonia's HR head... More »

Bad Reviews Compel Dentist to Sue 5 Patients in 4 Years

Yelp now adds warnings to pages of businesses that retaliate

(Newser) - Yelp has just issued its third ever consumer alert, this one about a dentist in Manhattan who has sued five patients since 2012 for posting negative reviews, reports BuzFeed . Nima Dayani has asked for anywhere between $50,000 and $100,000 in damages, so Yelp is warning consumers that Dayani'... More »

The 10 CEOs Most-Loved by Their Employees

Mark Zuckerberg, Tim Cook make the list

(Newser) - It's no easy task to get 99% of employees to like you, but that's exactly what three CEOs have done, according to a Glassdoor survey. The recruiting firm ranked the highest-rated CEOs of major firms based on more than 2 million employee reviews, reports the Wall Street Journal... More »

How Drybar Is Remaking the Beauty Salon

Drybar expects $100M in sales this year

(Newser) - As a kid, Alli Webb had no idea what she wanted to do. After high school, she worked as a hairstylist before becoming a stay-at-home mom. Then in 2008, she started giving women blowouts in their own homes. Eight years later, her 61 Drybar salons are expected to pull in... More »

The 10 Richest Self-Made Women in America

The top spot goes to ... a roofer

(Newser) - As USA Today puts it, "the richest self-made woman in America is a roofer." Diane Hendricks, who owns America's largest wholesale roofing and siding distributor, tops Forbes ' second annual list of the country's richest self-made women—meaning they earned rather than inherited their cash. The... More »

10 Companies With the Best Reputations

Rolex, Disney, Google top the list

(Newser) - The Reputation Institute is out with its annual list of the world's most reputable companies, based on a poll of 240,000 people from 15 countries. Volkswagen took a major hit, falling from the 14th spot to 123rd in 2016, per Forbes . The top 10: More »

What the Lava Lamp Company Makes Now

Newly-named Lifespan Brands does party supplies, bathroom scales

(Newser) - The company that brought you the world famous Lava Lamp is changing its name: To better reflect its products, which now include a mix of party supplies and bathroom scales, Illiniois-based Lava Lite has rebranded itself Lifespan Brands. "We've grown the Lava Lite business, and buyers at stores... More »

How Good Looks Hurt Guys' Careers

Male colleagues view handsome men as rivals: study

(Newser) - Beauty comes with plenty of perks—but it could actually hinder a man’s career. A new study out of the University College London finds good looks can keep a male from climbing the career ladder because male colleagues are less likely to promote rivals they consider more handsome than... More »

Lowe's Managers Agree to 'No Black Drivers,' Lose Jobs

Customer didn't want black delivery drivers to come to her home

(Newser) - Three managers at a Lowe's store in Virginia have lost their jobs after going along with a customer's request that no black drivers make deliveries to her home, a company spokesperson said today. Driver Marcus Bradley told WSET-TV he was called off an Aug. 3 delivery by a... More »

5 Musicians Who Are Surprisingly Good at Business

From Jessica Simpson to Gene Simmons

(Newser) - Being rich doesn't always accompany being famous , especially when living a rock star lifestyle, but a handful of A-list musicians have managed to turn their celebrity into successful business ventures:
  • Jessica Simpson: You wouldn't expect a pop singer/reality star who didn't know the difference between chicken and
... More »

Ugly Christmas Sweaters Are Making People Rich

Demand for festive garb shows no sign of slowing

(Newser) - It's time to raid your grandma's closet for all those bauble-covered holiday jumpers, because ugly Christmas sweaters are the coolest thing in festive fashion—and a booming business. Not only do many retailers carry the hideous getups—sometimes with a hefty price tag—the sweaters have their own... More »

Electrolux to Buy GE Appliance Business in $3.3B Deal

Purchase should be approved by 2015

(Newser) - Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies announced today. The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world's second-biggest home appliance-maker after US rival Whirlpool. GE confirmed... More »

Twitter Gets a 'Buy' Button

Test of online shopping icon appearing on some feeds

(Newser) - You may see something odd on Twitter today—a "Buy" button on tweets from Home Depot and Brad Paisley, the Wall Street Journal reports. "This is an early step ... to make shopping from mobile devices convenient and easy, hopefully even fun," the company announced today . Exclusive offers... More »

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