Monthly Archives: September 2022

Government and nonprofit workers with student debt have 2 more months to use a waiver that will bring them closer to loan forgiveness

Getty Images Public servants have two months left to make use of the temporary PSLF waiver. The waiver allows any past payments, even those deemed ineligible, to qualify for the program. But it’s expiring on October 31 amid a push from advocates to extend the deadline further. If you’re a student-loan borrower working in public…

A quarter of Starbucks baristas quit their job within 3 months — and complicated iced coffee drinks might be to blame

A Starbucks barista prepares a drink at a Starbucks coffee shop in New York. Ramin Talaie/Corbis via Getty Images A quarter of baristas quit in the first three months on the job, up from 10% before the pandemic, the Wall Street Journal reported.  CEO Howard Schultz said the complexity of making iced beverages may be…

A lakeside restaurant in the San Francisco Bay Area is losing customers because of the smell of dead fish being killed by a huge bloom of algae

This is not Lake Merritt. VisionsbyAtlee/Getty Images A restaurant in Oakland, California is losing business because of the stench of dead fish caused by a huge algae bloom. The restaurant’s staff recently scooped out 150 pounds of dead fish. Business is down 60%, according to the restaurant’s operations manager. One hundred and fifty pounds of…

Nicole Kidman’s viral AMC Theatres ad, which turned into an internet punchline, is getting a sequel that will be ‘very different’ and ‘wink’ at the original

Kidman. AMC Theatres. A follow-up to Nicole Kidman’s AMC Theatres ad has already been written, its writer told Vanity Fair. The original ad, which debuted last year, became a viral meme with a cult following. The news comes as theaters enter a slow period after a promising summer. A follow-up to actress Nicole Kidman’s AMC…

Ginni Thomas pressured Wisconsin lawmakers to ‘take action’ to overturn Biden’s 2020 election win, emails reportedly show

Ginni Thomas. Chip Somodevilla/Getty Images Ginni Thomas, the wife of Supreme Court Justice Clarence Thomas, reportedly urged lawmakers to help overturn Biden’s 2020 election win.  The Washington Post obtained emails that reportedly show Thomas emailing Wisconsin lawmakers. The Post previously reported that Thomas had sent similar emails to 29 Arizona GOP lawmakers.  Ginni Thomas, the…

California lawmakers just passed a bill that could force Tesla to stop calling its beta software ‘Full Self Driving’ in the state — now, it’s up to Gov. Newsom to sign it into law

Governor Gavin Newsom and Elon Musk Associated Press Lawmakers passed a bill that could force Tesla to stop using the term “Full Self-Driving” in California. The bill requires a signature from the governor and targets marketing around driver assist programs. California DMV has accused Tesla of using misleading marketing practices in advertising FSD. Tesla could…

Social Commerce 2021: Social media and ecommerce convergence trends brings growth opportunity for brands

Brands are leveraging social media checkout and shopping integrations as tech-savvy consumers engage with social commerce more often. Insider Intelligence’s Social Commerce 2021 report dives into top social commerce trends and strategies. You can purchase this report here. Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech…

Cathie Wood’s flagship ARK fund suffers biggest monthly outflow in nearly a year as performance continues to suffer

Ark Invest CEO Cathie Wood. Marco Bello/Getty; Savanna Durr/Insider Cracks are starting to form in the resiliency of Ark Invest’s retail-driven shareholder base.Cathie Wood’s flagship fund has suffered its largest monthly withdrawal in nearly a year at $820 million.Ark Invest’s main ETF has seen lackluster performance since its February 2021 peak, falling 75%. Cracks are…

Europe needs to cap natural gas prices as industries can’t handle the jump in electricity costs to 1,000 euros, says BofA’s head of commodities

Russian Prime Minister Vladimir Putin and Gazprom CEO Alexei Miller attend a ceremony in September 2011. Sasha Mordovets/Getty Images European leaders should put a cap on soaring gas prices, Bank of America’s head of commodities research said Thursday on Bloomberg.  Francisco Blanch said European industrial firms are can’t operate effectively with gas-linked electricity costing 1,000…