Business Insights

McDonald’s latest ad campaign doesn’t show anyone actually eating McDonald’s food. Yes, you heard that right. Advertising bigwig Leo Burnett has opted to feature its Golden Arches instead and an eyebrow arch to indicate its time to eat McDonald’s. The ad which is titled “Raise your Arches” has a group of office workers rushing to […]

Goldman Sachs began a round of layoffs on January 11 as the company started a cost-cutting initiative with a third of those investments coming from the banking and global markets division. The biggest retrenchment will be from the investment banking arm with more than 3,000 employees laid off. “We know this is a difficult time […]

Ivanka Trump and Jared Kushner are the stuff of fairy tales for many and in this article, we bring you a timeline of the Ivanka Trump Jared Kushner Toxic relationship and how we believe it became this way. This is the quintessential power couple combining wealth, politics and good looks to boot. Trump and Kushner […]

Billionaire Bernard Arnault who is the CEO of LVMH the world’s largest luxury group recently appointed his 47-year-old daughter as CEO of Christian Dior. Delphine Arnault will head up that division replacing Piero Beccari who has been in charge of Dior since 2018. Beccari will replace Louis Vuitton CEO Michael Burke. Bernard recently overtook Elon […]

Microsoft King Bill Gates is one of the biggest private landowners in the United States. Gates owns 275,000 acres of farmland according to a 2022 Land Report. In a yearly Reddit Ask Me Anything session on Jan 11, Gates was asked why he made all these purchases. “Why are you buying up so much farmland, […]

Trump Organisation’s former chief financial officer Allen Weisselberg has been sentenced to five months jail for tax fraud. Weisselberg, 75, will serve his sentence at the infamous Riker Island jail. He pleaded guilty to tax fraud in August stating that between 2005 and 2017 he and other executives received bonuses and perks that saved the […]

There are now eight billion humans on the planet according to a UN report. People are living longer as there is better access to health care, food, clean water and sanitation. The milestone of eight billion was announced in November 2022 and is described by UN Population Fund executive director Natalia Kanem as a “momentous […]

The dream of working from anywhere is fast becoming a fantasy for many as remote work jobs are dwindling. According to a new LinkedIn analysis more than 60 million job listing over the last two years have found that remote jobs were at its peak in March 2022 which accounted for more than 20% of […]

Twitter let go of a sizeable number of contract workers over the weekend (Jan 6/7) with some 4,400 of its 5,500 contract workers finding out they were retrenched when they lost access to Slack and other internal employee systems. According to a CNBC report full time employees and internal teams had no idea that contract […]

Sony and Honda unveiled their joint venture last year to develop and build electric cars and their new car is called Afeela. At a presentation during the Consumer Electronics Show, Sony Honda Mobility Chief Executive Yasuhide Mizuno revealed a prototype of the car. According to a CNN report the car is a mid-sized sedan, and […]

Billionaire Elon Musk is making history by becoming the first person to lose $200 billion in his personal fortune. The Tesla originator and Twitter proprietor have a net worth of $340 billion as of Nov. 2021, but his wealth nosedived to $137 million according to the Bloomberg Billionaire’s Index. $200 billion too much Musk was […]

According to a report on Insider, 10 of the of the world’s tech billionaires lost a combined amount of $575 billion in 2022 as tech stocks plummeted. A list of tech billionaires who lost money Steve Balmer, the former CEO Microsoft saw a loss of $19.4 billion and is currently worth $86.2 billion. The reason […]