Hometown Deli, Paulsboro, N.J.Mike Calia | CNBCThe investment funds of two U.S. universities, Duke and Vanderbilt, own significant chunks of stock in the mysterious company valued at $100 million by the stock market despite owning only a tiny New Jersey deli.Duke and Vanderbilt's shares in Hometown International were acquired by their Hong Kong-based arms under the direction of … [Read more...] about Rutgers, Duke and Vanderbilt all have ties to the $100 million NJ deli company
BUSINESS
Europe’s economy is expected to shrink while the U.S.’s grows.
European authorities will release data on Friday that is widely expected to show another economic downturn over the first three months of the year as the still-raging pandemic has prompted governments to extend lockdowns. Coming a day after the United States disclosed that its economy expanded 1.6 percent over the same period — a robust 6.4 percent annualized rate — the … [Read more...] about Europe’s economy is expected to shrink while the U.S.’s grows.
Shake-Up at Covid Vaccine Manufacturer That Tossed Millions of Doses
The Baltimore plant is one of two federally designated sites that were supposed to be ready to manufacture vaccines or therapeutics in a public health emergency. In June 2020, the Trump administration awarded Emergent a $628 million contract, mostly to reserve space in Baltimore to produce coronavirus vaccines.In Washington, Emergent is known for its aggressive lobbying and … [Read more...] about Shake-Up at Covid Vaccine Manufacturer That Tossed Millions of Doses
President Biden’s first formal address drew nearly 27 million viewers.
Nearly 27 million people watched President Biden’s first formal address to a joint session of Congress on Wednesday night, a large audience for television these days but a much smaller audience than similar speeches by other presidents, according to data from Nielsen.Shown on all major networks and cable news channels starting at 9 p.m. Eastern time, the speech attracted a much … [Read more...] about President Biden’s first formal address drew nearly 27 million viewers.
Why You Shouldn’t Engage with Customer Complaints on Twitter
What do you do when a customer tweets something negative about your company? Many businesses have pursued a strategy of proactive, public engagement — and this certainly seems like a good idea. But despite the advantages of demonstrating that your brand cares about its customers, new research suggests that publicly responding to customer complaints can actually have a … [Read more...] about Why You Shouldn’t Engage with Customer Complaints on Twitter