Pending court approval, Chipotle has agreed to pay $8 million to settle a 2012 lawsuit alleging it misclassified management trainees as exempt from overtime. The agreement will resolve claims that the apprentices should have been paid time-and-a-half for hours worked beyond 40 in a workweek. “This marks the latest in a string of labor-related settlements for the Mexican chain,” including one regarding sexual harassment and retaliation, per Restaurant Dive.
Mark Fields, former president and CEO of Ford Motor Co., has been named interim CEO of car rental giant Hertz. Fields, who joined Hertz's board in June, takes over the top post at Hertz from Paul Stone, who will now serve as the company's president and chief operations officer. Hertz Global Holdings Inc., which filed for bankruptcy protection in May 2020, was one of the first major companies to be affected by the pandemic and its subsequent travel shutdowns. The company completed its restructuring process and emerged from bankruptcy protection in June.
The NBA is launching a short film celebrating the league’s 75-year history. The 3-minute long “NBA Lane: Hey, Neighbor
” stars more than 30 NBA players and legends “coming together to tell the story of the past 75 years through a comedic and fun lens,” per the NBA. It will stream across all NBA media partners, social platforms and on NBA.com/75 beginning Oct. 7 as part of the “NBA 75” flagship campaign. The production also includes NBA mascots and the legendary Penny Hardaway puppet, Lil Penny, which starred in a series of Nike commercials.
“Star Trek” actor William Shatner is actually going to space courtesy of Jeff Bezos’ space travel company, Blue Origin. Bezos, the founder of Amazon, is a huge fan of the sci-fi series and invited Shatner to fly as its guest. Space travel has become all the rage, with Virgin Galactic carrying founder Richard Branson to the edge of space with five others in July. Elon Musk’s SpaceX, meanwhile, launched its first private crew last month.
Apple is marking the 10th anniversary of co-founder and former CEO Steve Jobs’ death with a short film and personal statement from the visionary’s family. “The short film — which has currently taken over Apple’s landing page — commemorates Jobs’ life in photos, videos, and some of his most iconic quotes, from ‘the computer is a bicycle for the mind’ to the introductions of the iMac, the iPod, and the iPhone,” per The Verge.
Social media can make or break a brand, as members of the Kardashian and Jenner empire are well aware. Or in this case, it can drown a brand. Kylie Swim, Kylie Jenner’s latest business venture, is receiving a slew of bad reviews."Every Kylie Swim review i’ve seen is bad.. so glad i didn't buy a set," @leaahrenae tweeted. "I would show you these on but I literally can't because they are just not it," TikTok user @kindredl said in her review. "I wasn't expecting the material to be so thin that it just shows everything."
Putting on shoes can be a difficult task for people with disabilities that range from arthritis to partial paralysis. Enter Nike, which has created the Go FlyEase, the first sneaker you can slip on without bending over or using your hands at all. “The Go FlyEase is proof that universal design (design built to accommodate disabilities) can actually lead to a product that’s better for everyone,” per Fast Company. “Nike quickly sold out of the Go at launch in February 2021 and faced some criticism from the disabled community as shoe collectors snatched it up, listing it on resale …
Macy’s has filed an injunction
to keep Amazon’s logo off the sign next to its Herald Square flagship in New York. Since the early 1960s, Macy's has placed a billboard sign on the building adjacent to the store. "Macy's continues to have rights relating to advertisements at that location,” per a spokesperson. “We expect to realize the benefits of these rights and have asked the court to protect them.”
John Mackey, CEO of Whole Foods Market, which he co-founded in 1980, will retire Sept. 1, 2022. He will be replaced by current chief operating officer, Jason Buechel. “Mackey, who turned 68 this year, handpicked Buechel as his successor,” per Supermarket News. Buechel joined Whole Foods in 2013 as global vice president and chief information officer and was promoted in 2015 to executive vice president before being named chief operating officer in 2019.
Tom Brady is launching a clothing line, called simply “Brady,” that will be available at Nordstrom starting in December. It will include men’s training and activewear. The football legend partnered on the clothing line with co-founder and CEO Jens Grede, who works with Kim Kardashian on her Skims brand, and designer Dao-Yi Chow, Public School New York co-founder. Brady has worked with apparel through endorsements in the past including brands like Ugg, Foot Locker and Under Armour.