MLB is supporting Majory Stoneman Douglas High School in the aftermath of the shooting at the school. Players, coaches, managers and umps wore commemorative SD caps (from New Era), “MSD Strong” T-shirts. Some players autographed the hats to be put up for auction to benefit the school. Topps produced a limited-time NOW card showing players wearing the SD hats and T-shirts, with proceeds benefitting the high school.
The News Wheel
Jeep’s history of innovation and distinctive style has earned it legions of loyal car buyers throughout its existence. Now, the beloved brand has garnered official status with a “2018 Cult Brand” notice from The Gathering (Society of Cult Brands). Eight brands were singled out by The Gathering including Gatorade, Vans, the charitable organization: water, PlayStation, Snickers, Beats by Dr. Dre and Jack Daniel’s Tennessee Whiskey.
United Parcel Delivery is suing the European Union for 1.7 billion euros ($2.1 billion) in compensation for the damage it says it suffered when regulators wrongly vetoed its attempted takeover of parcel delivery rival TNT Express NV. UPS is asking the EU’s General Court to award it compensation plus interest and taxes it would pay on any windfall payment.
Starting today, you can add Thin Mints, Coconut Caramel, and Peanut Butter Cookie to any hot, iced, or frozen coffees, lattes, macchiatos, and frozen chocolate drinks at Dunkin‘ Donuts. Girl Scouts will be setting up shop in select Dunkin' locations, so consumers will have the chance to purchase cookies directly from them as part of this partnership.
Wall Street Journal
General Electric’s precipitous fall, following years of treading water while the overall economy grew, was exacerbated, some insiders say, by what they call “success theater.” Top executives projected an optimism about GE’s business and its future that didn’t always match the reality of its operations or its markets, according to more than a dozen current and former executives, investors and people close to the company.
Honolulu Star Advertiser
The Hawaii Tourism Authority suffers from “lax oversight (and) deficient internal controls,” according to a state audit, noting that the agency isn’t ensuring that taxpayer funds are spent effectively. The publicly funded state agency, operating since 1999, is responsible for creating a long-range strategic plan for tourism. Because visitors are so critical to the state’s economy, lawmakers have given HTA “great freedom in how it operates.”
General Mills is buying Blue Buffalo Pet Products for $8 billion. The brand makes natural food for dogs and cats. General Mills hasn't sold pet food for about 50 years. Chief Executive Officer Jeff Harmening referred to the purchase as a "portfolio reshaping strategy" in the analyst call. "Reshaping our portfolio is something we intend to continue to do and we'll probably accelerate," he said.
Airbnb is launching “Roadmap to Bring Magical Travel to Everyone,” a four-pronged plan that includes new property types, new tiers, Airbnb Collections and new community recognition. The key elements of the product and innovation plan are designed “to bring the benefits of local and authentic travel to everyone.” Airbnb co-founder and CEO Brian Chesky unveiled the roadmap in a presentation last week in San Francisco.
The odds that Toys R Us will be able to emerge from bankruptcy are growing slimmer, according to experts. The company is planning to close 200 more stores and make staff cuts at its corporate headquarters in Wayne, N.J. Last week the retailer faced a new round of social media posts lamenting its death, a blow for the company which has been struggling to convince consumers and vendors that it has a future.
Detroit Free Press
McDonald's is bringing back its famously discontinued Szechuan sauce...again. The fast-food giant has been teasing on Twitter about the return of the sauce. According to a company spokesman, the sauce will be available at select locations starting at lunchtime Monday. Nationwide, 20 million packets will be available — hundreds of packets at each store. Customers must make a qualifying purchase to obtain a packet.