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A clothing brand was fined $3.7 million for claiming its clothes stopped the spread of COVID-19 thanks to a special 'shield' spray

Lorna Jane is fined $3.7 million. Lorna Jane Brand Lorna Jane has to pay a $3.7 million fine for claiming its clothes stopped COVID-19 spreading. The brand was sued by an Australian consumer watchdog at the end of 2020. Its CEO accepted the court's ruling and said that it was misled by its supplier. See more stories on Insider's business page. Activewear brand Lorna Jane must pay a $3.7 million ($5 million Australian dollars) fine after it claimed its clothing could stop the sprea...
Tags: Science, News, Fitness, Australia, Trends, Bbc, Taiwan, Retail, Athleisure, Activewear, Lululemon, ACCC, Lorna Jane, Consumer Commission ACCC, USA China, Mary Hanbury


Electric car sales in the US will overtake those of combustion vehicles by 2036, according to an EY report

In 25 years, by 2045, sales of non-electric cars will barely account for 1% of the global market. Lucid Electric car slaes will equal those of combustion cars in the US in 2036, says a Bloomberg report. Millennials and government incentives will be key to the growth of non-polluting mobility. Germany is leading the way in Europe, having sold 398,000 electric cars in 2020. See more stories on Insider's business page. Of the 78 million vehicles sold worldwide in 2020, 3.2 million were el...
Tags: Transportation, Europe, UK, China, Germany, US, International, Trends, General Motors, Markets, Bloomberg, Economy, United States, Retail, Ey, Biden


McDonald's CEO says corporate staff will return to the office 3 days a week. 'We ultimately are an in-person business.'

McDonald's CEO Chris Kempczinski. AP Photo/Richard Drew McDonald's says its corporate workers should return to the office three days a week. "We ultimately are an in-person business," CEO Chris Kempczinski told Bloomberg. Google and Apple are also asking employees to return to their offices. See more stories on Insider's business page. McDonald's CEO said he expects corporate workers to return to the office three days a week.In an interview with Bloomberg TV, Chris Kempczi...
Tags: Apple, Google, News, US, Employment, Trends, Strategy, Bloomberg, Fast Food, Retail, Mcdonald's, Working, Working Conditions, McDonald, Bloomberg Google, Kempczinski


Home Depot plans to foil shoplifters with power tools that won't work if they're stolen

Home Depot is working on making power tools an unattractive target for shoplifters. Justin Sullivan/Getty Images To combat thieves, Home Depot is introducing power tools that won't work if stolen. Home Depot executive Scott Glenn spoke to Insider about the company's efforts to stymie shoplifters. He said the goal is to stop thieves without looking like an "armed encampment." See more stories on Insider's business page. Home Depot has a clear message for professional shoplifters...
Tags: Home Depot, Ebay, US, Trends, Retail, Shoplifting, Glenn, Justin Sullivan Getty, Scott Glenn, Aine Cain, Organized Retail Crime, BI Select, Scott Glenn Home Depot, Loss Prevention Media


Chipotle warns it could raise prices even further to stave off labor issues and supply chain struggles

Chipotle's average meal went up by 30 to 40 cents. Joe Raedle/Getty Image Chipotle could raise menu prices again, it said Tuesday. It already raised its prices by 4% in June. Rising labor and supply chain costs are putting pressure on retailers and manufacturers. See more stories on Insider's business page. Chipotle isn't ruling out another price hike this year. In a call with investors Tuesday, the burrito chain's executives said it may still raise prices to offset ongoing...
Tags: News, Restaurants, US, Trends, Fast Food, Retail, Wages, Chipotle, Burrito, Hartung, Brian Niccol, Fast Casual, John Hartung, Labor Shortage, Mary Hanbury, Joe Raedle Getty Image Chipotle


An NYC restaurant is serving $200 fries blanched in Dom Perignon and sprinkled with 23 carat gold dust.

Serendipity3 holds the Guinness World Record for the most expensive French fries Serendipity3 NYC restaurant Serendipity3 broke the Guinness World Record for the most expensive French fries. The luxury fries are cost $200 and packed with over-the-top ingredients. You have to request an order 48 hours in advance, plus there's already a waitlist. See more stories on Insider's business page. A New York City restaurant earned a Guinness World Record for the most expensive French fry...
Tags: NYC, Life, New York City, Trends, Luxury, Retail, Guinness World Records, Jersey, Nyc Restaurants, Dom Perignon, French Fries, Volterra, Calderone, Aleeya Mayo, Business Visual Features, J LeBlanc


Jeff Bezos thanked Amazon workers for paying for his space flight. For some, the feeling isn't mutual.

Blue Origin's New Shepard crew (L-R) Oliver Daemen, Mark Bezos, Jeff Bezos, and Wally Funk held a press conference after their suborbital flight into space on July 20, 2021. Joe Raedle/Getty Images Jeff Bezos thanked Amazon's workers and customers for paying for his Blue Origin space flight. But some Amazon workers said they want better pay and working conditions, not a thank you. "He should just go to Jupiter and live his best life there," one worker told Insider. See more storie...
Tags: Amazon, Transportation, Space, News, Massachusetts, Trends, Indiana, Retail, Jeff Bezos, Jupiter, Staten Island, Blue Origin, Working Conditions, Bezos, Sen Elizabeth Warren, Amazon and Blue Origin


How influencers use affiliate marketing programs to make money and how much they earn

Tori Dunlap is a personal finance influencer Tori Dunlap/Her First $100K Influencers frequently share links to their Instagram Stories or below their YouTube videos. Those links are often affiliate links that let creators earn a commission on sales. We spoke with creators about how much money they earn using affiliate marketing. See more stories on Insider's business page. Those "swipe-ups" on Instagram Stories or the links below a YouTube video aren't just for the convenience of...
Tags: Amazon, Media, Instagram, Youtube, Advertising, Trends, Retail, Influencers, Instagram Money, Tech Insider, Instagram Stories, Tiktok, Charli Prangley, Sydney Bradley, Tori Dunlap, YouTube money


Jeff Bezos thanks Amazon employees and customers for paying for his jaunt to space: 'You guys paid for all of this'

Amazon cofounder Jeff Bezos, next to a rocket created by his space company Blue Origin. Blue Origin Billionaire Amazon cofounder Jeff Bezos thanked Amazon's customers for funding his space trip. "I want to thank every Amazon employee and every Amazon customer, because you guys paid for all of this," Bezos said. Critics have said that, rather than flying to space, Bezos should invest his billions on Earth. Visit the Business section of Insider for more stories. After a brief trip to spa...
Tags: Amazon, Science, Trends, Earth, Cnn, Virgin Galactic, Billionaires, Retail, Richard Branson, Space Flight, Jeff Bezos, Branson, Blue Origin, Mark, Bezos, New Shepard


Taco Bell warns it is running out of several key ingredients due to supply-chain snags, as customers report shortages of chicken, beef, taco shells, and hot sauce

Mary Meisenzahl/Insider Taco Bell is warning customers on its website that some of its menu items may not be available. The chain said it is facing shortages due to transportation delays. Customers have reported shortages of meat, taco shells, sauce packets, sour cream, and soda. See more stories on Insider's business page. Taco Bell's menu is dwindling as supply chain shortages continue to wreak havoc on the restaurant industry.The fast-food chain is warning customers that it is ...
Tags: News, Restaurants, Trends, Customers, Fast Food, Reddit, Retail, Starbucks, Chipotle, Taco Bell, Food Shortages, Food Shortage, Red Robin, Food Prices, Taco Bell Many, Grace Kay


Some companies are using prison labor amid claims of a worker shortage. Critics argue they should just raise wages instead.

Employees at Televerde, which provides job training for incarcerated women, take a break. Companies have turned to prison labor to plug a worker shortage. Televerde Companies are using prison labor to plug worker shortages, The Guardian reported. Critics say this exploits prisoners and is a workaround for companies to avoid raising wages. People in prison work release programs are usually paid less and given no benefits or paid time off. See more stories on Insider's business page. Som...
Tags: News, Prison, US, Trends, Retail, Guardian, Kansas, Ohio, Parks, Teamsters, Stiles, Russell Stover, Labor Shortage, Televerde, COVID, Heather Schlitz


A Maine restaurant is cutting opening hours because it can't get enough ingredients to serve diners. It says it's ordering 8-ounce burgers and receiving 2-ounce patties.

Restaurants across the US have been raising their menu prices because of supply chain issues. Shutterstock Brady's Restaurant in Boothbay Harbor, Maine, cut opening hours because it can't get enough food. Its owner said that suppliers are hiking prices and substituting some orders. "You order an 8-ounce patty, they'll send you a 2," she said. See more stories on Insider's business page. The owner of Brady's Restaurant in Boothbay Harbor, Maine, says supply shortages hav...
Tags: Food, News, US, Trends, Economy, Maine, Retail, Mitchell, Brady, BLS, Bureau of Labor Statistics BLS, Boothbay Harbor, Food Prices, Boothbay Harbor Maine, Labor Shortage, Grace Dean


How much money influencers make using affiliate marketing programs

Tori Dunlap is a personal finance influencer Tori Dunlap/Her First $100K Influencers frequently share links to their Instagram Stories or below their YouTube videos. Those links are often affiliate links that let creators earn a commission on sales. We spoke with creators about how much money they earn using affiliate marketing. See more stories on Insider's business page. Those "swipe-ups" on Instagram Stories or the links below a YouTube video aren't just for the convenience of...
Tags: Amazon, Media, Instagram, Youtube, Advertising, Trends, Retail, Influencers, Instagram Money, Tech Insider, Instagram Stories, Tiktok, Charli Prangley, Sydney Bradley, Tori Dunlap, YouTube money


Food prices could spike by 14% before October, a supermarket chain owner says. It's already forcing restaurants to push up their prices.

As well as grocery stores, some restaurants are hiking up their prices, too. Sellwell/Getty Images Food prices will climb even further, the owner of supermarket chain Gristedes told Fox Business. John Catsimatidis predicted prices would climb by between 10% and 14% by October 1. Grocery stores are raising their prices in response - and so are some restaurants, too. See more stories on Insider's business page. Food prices could rocket a further 14% by October, John Catsimatidis, the own...
Tags: News, New York City, Trends, Economy, Supermarket, Retail, Fox Business, Citizens Bank, BLS, Bureau of Labor Statistics BLS, Florida Atlantic University, Kevin Burke, John Catsimatidis, Supply Shortage, Citizens Capital Markets, Catsimatidis


Victoria's Secret will relaunch its annual fashion show - without its Angels

Victoria's Secret 2018 show. Dimitrios Kambouris/Getty Images Victoria's Secret says it will bring back its annual runway show, but hasn't set a date. The brand canceled its runway show in 2019, promising to rethink the business. Victoria's Secret ditched its Angels in June, saying the concept was not "culturally relevant." See more stories on Insider's business page. Victoria's Secret plans to revive its annual runway show in the future - only without its Angels th...
Tags: News, Angels, Trends, CMO, Retail, Victoria, Victoria s Secret, Victoria's Secret Fashion Show, Lingerie, Cnbc, New York Times Read, L Brands, Ed Razek, Les Wexner, Wexner, Mary Hanbury


Starbucks is serving a luxury $42 afternoon tea at its massive 4-story roastery in Tokyo. Here's what you get.

Starbucks' package includes eight types of pasticcini and three small savory dishes such as savory scones. Starbucks Starbucks is serving a $42 afternoon tea to celebrate 25 years in Japan. The luxury afternoon tea comes with eight small sweet cakes and three savory items. It's so popular that Starbucks says it may have to hold a lottery to allocate spots. See more stories on Insider's business page. Starbucks is serving a limited-edition luxury afternoon tea in Tokyo, Japan - ...
Tags: Food, Japan, Milan, US, Trends, Fast Food, Retail, Tokyo, Starbucks, Afternoon Tea, Tokyo Japan, Teavana, Princi, Starbucks Starbucks, Starbucks Roastery, Starbucks Reserve


Amazon to stop testing warehouse workers for COVID-19 amid rising case rates and low vaccination rates in some states

Nicolò Campo/LightRocket via Getty Images Amazon plans to stop onsite COVID-19 tests for its warehouse workers, The Information reported. The change comes despite rising case rates and low vaccine rates in many states. Amazon declined to share details about positive cases or vaccination rates among its workforce. See more stories on Insider's business page. Amazon told employees it plans to stop offering onsite COVID-19 tests for its warehouse workers on July 30, The Information repor...
Tags: Amazon, Transportation, News, Minnesota, US, Trends, Information, Bloomberg, Healthcare, Retail, Working Conditions, Pandemic, Tech Insider, Information Amazon, GETTY IMAGES Amazon, Warehouse Workers


Cuban link chains are a symbol of luxury and wealth. Here's why they're so expensive.

Read the original article on Business Insider [Author: [email protected] (Taryn Varricchio)]
Tags: Jewelry, Video, Trends, Gold, Hip-hop, Luxury, Rappers, Retail, Link, Handmade, Necklace, Chain, Cuban, Video Format So Expensive, Taryn Varricchio


These are the fast-food chains where you can find fake meat on the menu

Dozens of chains have debuted meatless alternatives to classic menu items. Tribune News Service The fake meat craze has snowballed, and dozens of fast-food chains have unveiled meatless items. Consumer demand for plant-based proteins has skyrocketed. Panda Express is the latest chain to jump on the trend, with Beyond Meat Orange Chicken. See more stories on Insider's business page. Companies are riding a wave of enthusiasm for plant-based alternatives to meat and are rolling out new m...
Tags: News, New York City, Trends, Restaurant, Fast Food, Retail, Starbucks, Impossible Foods, Beyond Meat, Southern California, Wendy, McDonald, Plant-based, Panda Express, Tribune News Service, Restaurant Chains


Apple accepted Amazon's request to boot an app that spots fake reviews from the App Store. Its owner has accused Amazon of bullying.

Apple CEO Tim Cook and Amazon chair Jeff Bezos. Getty Apple on Friday removed the app Fakespot from its App Store at Amazon's request. Amazon complained Fakespot misled customers, broke App Store rules, and posed a security risk. Fakespot's CEO said he was shocked by the turn of events. See more stories on Insider's business page. Amazon got Apple to remove an app called Fakespot from the App Store on Friday, as reported by the Verge and CNBC.Fakespot is an app that flags when ...
Tags: Apple, Google, Amazon, UK, News, Trends, Tech, Tim Cook, Retail, App Store, Cnbc, Shopify, Fake Reviews, Tech Insider, Fakespot, Verge Amazon


Behind Black Rifle coffee, the 'anti-hipster' answer to Starbucks' 'latte liberals' says sales are surging

"How do you build a cool, kind of irreverent, pro-Second Amendment, pro-America brand in the MAGA era without doubling down on the MAGA movement and also not being called a [expletive] RINO by the MAGA guys?" Black Rifle Coffee Company CEO Evan Hafer told The New York Times. Quinton D. Hapke Photography via Black Rifle Coffee Company Veteran Evan Hafer founded Black Rifle Coffee Company Salt Lake City, Utah in 2014. Hafer said he wants to provide coffee to veterans and what he calls the "p...
Tags: Coffee, Utah, News, White House, America, Trends, The Times, Marine Corps, Retail, Starbucks, The New York Times, Cia, Donald Trump, US Army, Trump, Kenosha


Fast-food chains like Five Guys and Wendy's break down the top 6 reasons why they opened ghost kitchens during the pandemic

Ghost kitchens cook food for delivery, and sometimes collection, too. Jeff Schear/Getty Images for Wendy's Ghost kitchens have sprung up everywhere during the pandemic. They allow chains to build delivery capacity or explore a new area without opening a restaurant. Execs from chains like Wendy's, Noodles, and Dickey's told Insider why they set up ghost kitchens. See more stories on Insider's business page. Ghost kitchens are one of the biggest restaurant trends to emerge fr...
Tags: Food, London, Restaurants, Trends, Fast Food, Shanghai, Retail, Applebees, Wendy's, Wendy, Applebee, Nathan, Five Guys, Dickey, James Walker, Panera Bread


Walmart fired an employee with Down Syndrome who worked there for 16 years. A jury said it should pay her $125 million.

AP Photo/Julio Cortez Walmart was hit with a $125 million verdict on Friday in a disability discrimination case. The company fired Marlo Spaeth, an employee with Down Syndrome, who worked at Walmart for 16 years. Walmart expects the verdict to be reduced to $300,000 due to a federal law. See more stories on Insider's business page. A federal jury determined on Friday that Walmart violated the Americans with Disabilities Act after firing an employee with Down Syndrome following issue...
Tags: Legal, News, Law, Trends, Walmart, Bloomberg, Disability, Employees, Retail, Lawsuits, Ada, EEOC, Randy Hargrove, Green Bay Wisconsin, US Equal Employment Opportunity Commission, Spaeth


Walmart workers reveal the most shocking part of their jobs, from customers snacking in the store to people trying to return boxes filled with bricks or well-worn underwear

Jeff Greenberg/Universal Images Group via Getty Images Walmart is the biggest retailer in the world, and its millions of employees must deal with the public every day. We asked six Walmart workers about their shocking experiences on the job. They spoke about stress, teamwork, and shoppers "grazing" in the produce section. See more stories on Insider's business page. Anyone working a public-facing job might expect to encounter some shocking moments, especially in the retail industry. T...
Tags: Florida, News, Virginia, US, Trends, Walmart, Indiana, Retail, Wisconsin, Noonan, Sam Walton, Jeff Greenberg Universal Images Group, BI Select, Getty Images Walmart, Walmart employees, Gypsy Noonan


America’s CEOs couldn’t say it any louder: We’re about to charge you more

Creative Touch Imaging Ltd./NurPhoto via Getty Images Inflation surged 0.9% from May to June, sparking concerns for CEOs of major companies. Biden has said elevated inflation is only temporary, but some CEOs think it could persist. To offset inflation, some of those execs said they'll be increasing prices on daily consumer goods. See more stories on Insider's business page. While the economy is showing promising signs of recovery, adding 850,000 payrolls in June, inflation is als...
Tags: Politics, America, Trends, Markets, Joe Biden, Economy, Bureau of Labor Statistics, Retail, Inflation, Biden, Pepsico, Jamie Dimon, Fed, Helen, Lewis, Pepsi


Destruction hits business confidence

An already low sentiment will be set back by the Covid-19 pandemic, thin reforms and this week’s violence The post Destruction hits business confidence appeared first on The Mail & Guardian.
Tags: Transportation, Business, Investment, South Africa, Jacob Zuma, Retail, South African Airways, Gauteng, Vandalism, Credit Rating, Cyril Ramaphosa, Nedbank, South African National Defence Force, Ravi Bhatia, Top Six, Rand Merchant Bank


Tattoo and piercing shops are so overwhelmed with business that some are turning patrons away. Artists and owners say it's a sign that people are seeking out 'a moment of being raw' after a year of isolation.

Owner and artist Brody Longo tattoos a customer during the reopening of Slingin' Ink Tattoo Parlor on June 22, 2020 in Point Pleasant, New Jersey. Michael Loccisano/Getty Images Tattoo and piercing studios are seeing a swell of customers as the pandemic subsides. Shop owners told Insider they're seeing lines out the door and they've had to turn customers away. They attribute the surge to clients wanting to memorialize lost loved ones or to feel alive again. See more stories on ...
Tags: San Francisco, Trends, Chicago, Retail, Tattoos, Piercings, Santa Barbara, Uptown, Dogpatch, Stoll, Kuo, Matsui, COVID, COVID-19 pandemic, Tattoo Parlors, Avery Hartmans Allana Akhtar


The Senate unanimously passed a bill banning all products from Xinjiang, where Uyghurs are detained, surveilled, and forced into manual labor

A perimeter fence around a detention camp in the Dabancheng district of, Xinjiang, China. Reuters The Senate unanimously voted on Wednesday to ban imports of products from Xinjiang, China. They cited China's abuse of the Uyghurs, many of whom are kept in camps or forced to work. Marcio Rubio called it a message to China and "any international company that profits from forced labor." See more stories on Insider's business page. The Senate unanimously passed a bill on Wednesday that ...
Tags: Florida, Politics, Senate, China, US, Trends, Beijing, United States, House, News UK, Retail, Chinese communist party, Xinjiang, Uighur, Rubio, Ccp


The average CEO made nearly 300 times the median employee pay last year, and that gap is only growing, a new AFL-CIO analysis finds

Alistair Berg/Getty Images The average CEO-to-worker pay ratio at S&P 500 companies was 299-to-1 in 2020, the AFL-CIO says. Its report says S&P 500 CEOs saw their pay increase by $712,720 on average over the year prior. The findings come as many companies scramble to find workers to fill jobs at existing wages. See more stories on Insider's business page. The gap between the salaries of CEOs and their workers grew wider in 2020, according to a new analysis from the AFL-CIO. The averag...
Tags: Amazon, News, Finance, US, Trends, Workers, Retail, Pay Gap, AFL, Reuters, AFL CIO, Starbucks McDonald, CEO pay, Sarah Jackson, Alistair Berg Getty


A controversial handgun that is covered in LEGOs and looks like a toy is no longer available for sale after LEGO sent its maker a cease-and-desist letter

This is the innovative way your kids could be learning math from their teachers with Legos. INSIDER A Utah gun-modification company drew criticism for selling a handgun covered in LEGOs, making it look like a toy. Culper Precision said it would no longer sell the Block19 after LEGO hit the company with a cease-and-desist letter. The company said it added LEGOs to the handgun in hopes of "making the 2nd amendment too painful to tread on." See more stories on Insider's business page. A c...
Tags: Utah, Politics, News, Instagram, US, Trends, Lego, Retail, Gun Control, Gun, Pew Research Center, Provo, Moms Demand Action, Shannon Watts, Sarah Jackson, Gun Policy