
Apple inks first Major League Baseball rights deal
Mar 09, 2022 22:37 pm UTC| Sports Economy Business
Apple has acquired Major League Baseball (MLB) rights in nine territories, including the US and Canada, in its first major move into live sports broadcasting. No financial details of the deal were reported. The...

Adidas replaces China unit’s CEO to revive sales
Mar 09, 2022 10:13 am UTC| Business Economy
Adidas announced this week it has appointed a new chief executive for its business unit in China. It was reported that the change has been decided in an effort to bring back sales that it has lost recently in the Chinese...

Google unveils plans to acquire Mandiant cybersecurity firm for $5.4 billion
Mar 09, 2022 09:34 am UTC| Business Economy
Google revealed on Tuesday, March 8, that it is planning to acquire Mandiant, the publicly traded American cybersecurity company. The tech firm is investing about $5.4 billion for the purchase deal in its effort to provide...

Lululemon debuts footwear brand to rival Nike, Adidas
Mar 09, 2022 08:58 am UTC| Business Economy
Lululemon has jumped into the footwear business and effectively added a new category under its product list. With this new venture, its rivalry with Adidas and Nike is certainly going deeper. Lululemon is already...

McDonald’s finally shuts down 850 stores in Russia
Mar 09, 2022 07:25 am UTC| Business Economy
McDonalds announced on Tuesday, March 8, that it will be closing down its stores in Russia. The burger joint said that all of its 850 locations in the country would temporarily cease operations, and the decision comes...

Chick-fil-A opens first franchise restaurant in Puerto Rico
Mar 09, 2022 06:56 am UTC| Business Economy
Chick-fil-A just expanded its reach by opening its first franchise-owned store in Puerto Rico. It was reported that the branch was officially launched last week and is located at 250 Calle A Minillas Industrial Park in...

Burger King launches new Whopper Melts nationwide
Mar 09, 2022 06:33 am UTC| Business Economy
Burger King is debuting three new burgers this week following a successful trial in Toledo, Ohio, earlier this year. The fast-food brand is finally announcing the nationwide release of its Whopper Melts, which has received...