Archive for the ‘Business’ Category

KC company offering “Keep Patrick Mahomes Safe” masks

Tuesday, June 30th, 2020

The whole point of wearing a mask during the COVID-19 pandemic is that you're not just protecting yourself, but all the people around you. And one Kansas City company is appealing to the civic duty of keeping the star quarterback well. Via Pete Grathoff of the Kansas City Star, a company there is selling masks [more]

Jeff Bezos says Amazon bought naming rights for ‘Climate Pledge Arena’ in Seattle

Thursday, June 25th, 2020

Climate Pledge Arena will be home to the NHL's expansion team in Seattle when it begins play in 2021.

Packers to hold virtual annual meeting of shareholders next month

Thursday, June 18th, 2020

The Packers announced Thursday they will hold the annual meeting of shareholders virtually on July 23 at 11 a.m. CT. The Packers Board of Directors approved the decision to hold the meeting virtually during its quarterly meeting Wednesday. “As there still is uncertainty with respect to being able to hold gatherings of more than 50 [more]

Redskins, other NFL teams observing Juneteenth as company holiday

Wednesday, June 17th, 2020

At least 20 NFL teams are giving employees a paid day off.

Packers will observe Juneteenth by closing facilities

Wednesday, June 17th, 2020

Another NFL team has announced its plans to close their offices in observance of Juneteenth on Friday. The Packers joined with more than 20 other clubs in announcing that they'll be closed for business on June 19. The NFL announced the same decision for their operations last week. "The Packers will be observing Juneteenth and [more]

Juneteenth Commemorates the End of US Slavery — These Companies Are Making It a Paid Holiday

Tuesday, June 16th, 2020

From Target to Nike.

Just Eat Takeaway to buy Grubhub for $7.3 billion to enter U.S.

Wednesday, June 10th, 2020

SAN FRANCISCO/NEW YORK/BRUSSELS – Europe’s Just Eat NV agreed to acquire U.S.-based Grubhub Inc. for $7.3 billion (¥781 billion) in a deal that creates one of the world’s largest meal-delivery companies as the coronavirus pandemic drives a surge in orders. Amsterdam-based Just Eat Takeaway said it will pay $75.15 per share for Grubhub in an all-stock deal.

Delivery wars: Just Eat Takeaway snatches Grubhub deal from Uber

Wednesday, June 10th, 2020

The retweet features an advert for Just Eat’s business in the UK with rapper Snoop Dogg dropping rhymes about getting tacos delivered to his château and a slice on the side of a hot tub. Months after winning the $8bn battle for London-based Just Eat against a unit of South Africa’s Naspers, the Dutch billionaire has sealed a $7.3bn deal for another tasty acquisition: Grubhub. Just Eat will merge with its US counterpart to create a world leader in online food delivery.

Tea brands voice support for Black Lives Matter, tell critics ‘don’t buy our tea’

Wednesday, June 10th, 2020

Now, this is some piping hot tea. Two of Britain’s biggest tea makers have denounced racism and declared their support for the Black Lives Matter movement following the death of George Floyd and speculation regarding the brands' respective stances on social media. Far-right video blogger Laura Towler caused a commotion over the weekend when she tweeted her approval that Yorkshire Tea had not voiced support for Black Lives Matter, the BBC reported.

The Cat And Mouse: Valuing Sports Franchises In The Time Of COVID-19

Friday, June 5th, 2020

While theme parks are getting ready to open - with limited attendance and social distancing - the impact on the Disney stock price and Enterprise Value was severe. At the height of the market in January, Disney had a share price of $150 and an enterprise value of $300 billion. With park shut downs and live sports cancelations hurting their flagship properties of ESPN and ABC, Disney’s stock fell by a third.