Finance
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Some numbers are coming in from over the Thanksgiving holiday shopping weekend. According to MasterCard, online sales from Black Friday were up 10% this year. And now that many stores have reopened, in-store sales took a huge jump as well. MasterCard says in-store sales went up by 43%. Analysts for the company say the increase […]
One store that will not be open on Thanksgiving this year is Target. The company said it will close all of its stores for Thanksgiving 2021 and each year thereafter. Last year Target closed on Thanksgiving due to the pandemic and said it would close all of its stores this year also. Target’s CEO Brian […]
Looking for a Job? RIT’s Division of Finance and Administration is sponsoring an in-person staff hiring event hosted at the Center for Urban Entrepreneurship near the Liberty Pole at 40 Franklin Street from 11 a.m.-3 p.m. on Saturday, Nov. 20th. If you are looking to explore career opportunities at RIT. You can connect with hiring managers […]
The home for the NBA’s Los Angeles Lakers and Los Angeles Clippers, the NHL’s Los Angeles Kings, and the WNBA’s Los Angeles Sparks is getting a new name. The landmark Staples Center to be renamed the Crypto.com Arena, sources told Front Office Sports. The Singapore-based cryptocurrency investment platform will pay more than $700 million to the […]
Travis Scott’s x Air Max 1 collaboration with Nike has been delayed. “Out of respect for everyone impacted by the tragic events at the Astroworld Festival, we are postponing the launch of the Air Max 1 x Cactus Jack,” Nike shared via the SNKRS app yesterday. Nike was set to release two Cactus Jack x […]
Scamming Season Is All Year Around! A 82-year-old Florida woman who apparently fell for a scam, that could cost more than $700,000. Over the summer, the scammers convinced the woman that her granddaughter was in legal trouble and needed her help. They told her to make withdrawals from her bank and hand the money over […]
Sony has reportedly cut production plans for the PlayStation 5 due to component shortages and logistic constraints. Bloomberg cites sources familiar with Sony’s operations that say Sony was originally targeting more than 16 million PS5s. But, that figure has been cut down to about 15 million. The ongoing global chip shortage is one of the reasons for […]
NBA Hall of Famer Earvin “Magic” Johnson is getting a four-part docuseries on Apple TV+. Magic said on Instagram, “I’m so excited to announce that my upcoming docuseries will be released globally on Apple TV+!” According to The Los Angeles Times, the series chronicles Magic’s life from his humble upbringing in Lansing, Michigan to the pinnacle […]
The Federal Trade Commission said 140,000 Amazon drivers are being repaid nearly $60 million in tips that the company allegedly withheld. The FTC is sending out 139,507 checks and 1,621 PayPal payments to drivers. The average check for Amazon Flex drivers included in the settlement will be $422. 19,980 drivers will receive checks for more […]
Stacey Abrams and the Fair Fight Action organization donated $1.34 million from its political action committee to the nonprofit organization RIP Medical Debt. The goal is to eliminate $212 million in face value debt owed by 108,000 people in Georgia, Arizona, Louisiana, Mississippi and Alabama, The Associated Press reported. An estimated 25 million American households have […]