Business Related

Business News – 06-08-2021

Chipotle has now raised prices to compensate for raised wages

  • Fast casual restaurant Chipotle Mexican Grill has now raised prices by about 4% in order to compensate for the cost of raising their worker’s wages
  • This may, Chipotle has reported that they would raise hourly wages for their restaurant workers into reach their average of $15 an hour towards the end of June

Starbucks now allows use of reusable cups after pandemic pause

  • Customers of Starbucks are now allowed to use their own personal reusable cups again at all Starbucks location in the US starting June 22
  • Other restaurants including Starbucks are now making efforts to returning their businesses back to normal after changing many policies due to COVID-19
  • Back in March of 2020, Starbucks had paused their reusable cup program

Aerospace company Boeing shows orders continue to overcome cancellations

  • Boeing has logged 20 net orders for a new aircraft in may
  • This was the company’s 4rth consecutive month to have positive orders
  • The deliveries for the Boeing Dreamliner still remain suspended

The all New Ford Maverick hybrid pickup starts at $19,995 and get 40 mpg

  • Ford has recently unveiled their all new compact pickup today (Tuesday) which is their smallest vehicle in their pickup truck lineup
  • This truck marks the first time a truck in America with a standard gas-electric hybrid engine ever to go on sale and wills start at $19,995

Fidelity and other companies help Relativity Space raise $650 million to build SpaceX competitor

  • Relativity Space has raised $650 million from contributors known as Fidelity and other investors such as Blackrock and Tiger Global
  • The company plans to work on a fully reusable rocket that will attempt to go against SpaceX’s rocket of similar goal in less than 3 years

K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.

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