Paula Deen has found the recipe for comeback success. She is reportedly going to be the recipient of a $75 million dollar cash infusion from a private equity firm out of Phoenix, Najafi Companies, which is led by Jahm Najafi.…
Paula Deen Is Back In Business With New Partner
Paula Deen is getting back in business, ya’ll. It has been less than a year since Deen admitted on the stand she used a racial slur toward an employee. Since then Deen lost her TV deal with the Food Network,…
Janet Yellen to Make First Speech as New Fed Chair
Janet Yellen, as the newly appointed Fed chair and first woman to ever hold the post, will make her first comments today before the House Financial Services Committee and then Thursday before the Senate Banking Committee. She has addressed these…
Meat Recall Amounts To a Year’s Worth of Product
Northern California meat producer, Rancho Feeding Corp., is recalling 8.7 million pounds, or what amounts to about a year’s worth, of meat. The affected meat was processed from Jan. 1, 2013, through Jan. 7, 2014, according to the AP. Rancho…
Hot Coffee Once Again Lands McDonald’s in Hot Water
Nearly 20 years after Stella Liebeck won compensatory and punitive damages from McDonald’s after spilling hot coffee in her lap and sustaining serious injury, another woman is suing the fast food giant over a similar injury. Los Angeles resident Paulette…
Macy’s Job Cuts: Chain Aims To Save $100 Million
Despite its financial success over the holiday, Macy’s has announced plans for closings and layoffs for 2014. By early spring, the company will be closing five stores in Arizona, Kansas, Missouri, New York, and Utah – opening eight new ones…
Macy’s Cuts Jobs And Plans To Close Five Stores
Macy’s has created a reorganization plan and it includes closing five stores and cutting 2,500 jobs. Currently Macy’s has 840 stores in 45 states either under the Macy’s name or Bloomingdale’s name with approximately 175,000 employees. Soon they will close…
CheeriosTo Become GMO-Free, A Big Business Decision For General Mills
With all of the controversy surrounding GMOs and the way they are used in food, some companies are starting to take notice, and are altering their products as a result, which should be able to help their business. People all…
Unemployment: A Long Term Problem; No End in Sight
CNN Money reported recently about one woman’s struggle to find a job. Lena Rouse was an IT analyst at a regional bank and was laid off from her job. She has 2 Master’s degrees – one in business and one…
Dan Aykroyd Talks Business and We Talk About Him
It’s the 30th anniversary of one of America’s favorite Christmas movies, Trading Places. Entrepreneurs are eating up Dan Aykroyd’s assertion in a Bloomberg interview that if Trading Places isn’t the Best Movie of All Time, it is at least the…