Business

Next Gen Summit hosts annual entrepreneurial conference
Business

Next Gen Summit hosts annual entrepreneurial conference

Next Gen Summit kicked off the summer with a series of entrepreneurial panels in Hotel Pennsylvania of New York City. The three-day conference, founded by and designed for young entrepreneurs, featured speakers from a variety of sectors in business, public relations and politics who have found success in their own start-ups and individual ventures on…

Starbucks partners with Anheuser to increase tea production
Business

Starbucks partners with Anheuser to increase tea production

After months of discussion with well-known beer manufacturing company Anheuser-Busch, Starbucks informed in a press release that the two major beverage corporations would form a partnership in order to make ready-to-drink tea easily accessible to consumers. In 2012, Starbucks completed its biggest transaction to date after purchasing Teavana Holdings Inc. for roughly $620 million. The…

Concerns increase over eurozone growth, Greece and Brexit
Business

Concerns increase over eurozone growth, Greece and Brexit

Members of the eurozone are facing an economic crisis that may put the currency’s future, along with the future of the European Union as a whole, in question. From admitting over a million refugees and paying out a third Greek bailout to having to deal with a possible Brexit, the public is beginning to worry…

Business

Food contamination continues to plague popular US food chains

This year alone, food contamination has plagued several popular food chains, creating a large challenge for both consumers to monitor what they ingest and for companies to regulate what they sell. CRF Frozen Foods announced a large recall on its frozen food after the Food and Drug Administration and Center for Disease Control and Prevention…

Woman sues Johnson & Johnson over talc-based powder products
Business

Woman sues Johnson & Johnson over talc-based powder products

The Johnson & Johnson Company has been ordered by a U.S. jury to pay $55 million to a woman who alleged that after using the company’s talc powder products for feminine hygiene, she developed ovarian cancer. The verdict comes as a second loss for the New Jersey-based three-sector healthcare company, which is facing about 1,200…

Thousands of Verizon workers lead one of the largest strikes in years
Business

Thousands of Verizon workers lead one of the largest strikes in years

After failing to reach a new labor agreement, 36,000 Verizon workers left their positions and joined a national strike against the telecommunications provider. According to the United States Bureau of Labor Statistics, this is the largest strike in the United States since 2011, when 45,000 of Verizon’s workers united against the company for its “exploitative”…

Business

Goldman Sachs settles debt obligation from 2008 recession

State and federal officials have announced that Goldman Sachs will pay $5.1 billion to settle accusations of “wrongdoings” in handling residential mortgage-backed securities before the financial crisis of 2008. The multinational investment banking firm struck the deal to settle “actual and potential” civil claims over Goldman’s mortgage securitization activities from 2005 to 2007 with the…

Investment Management Group invests for Baruch College fund
Business

Investment Management Group invests for Baruch College fund

It is no secret that Baruch College is full of professional business clubs; over 80 percent of Baruch’s undergraduates are enrolled in the Zicklin School of Business. Surprisingly, few students know that Baruch a finance club invests actual money from the Baruch College Fund. The Investment Management Group does just that. The Investment Management Group…

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