Business Related

Business News – 08-09-2021

Norwegian Cruise Line ruling allowing “vaccine passports” is appealed by Florida

  • On August 9, Florida Governor Ron DeSantis has said that the state will appeal a ruling from a federal judge allowing Norwegian Cruise Line Holdings to require Miami passengers to show proof of vaccination
  • Norwegian has said Florida’s law would prevent the company from ensuring at least 95% of passengers were vaccinated so it could comply with health regulations

McDonald’s franchise terms to be investigated by Italian antitrust agency

  • AGCM, Italy’s antitrust authority will soon investigate McDonald’s terms and conditions in their agreements with franchise operators following many complaints
  • If the results of the investigation find the company guilty of breaching Italian antitrust rules, the chain could risk as much as 10% of global turnover

Golden Nugget Online to be purchased by DraftKings for $1.56 billion

  • Draftkings has come to an agreement with Golden Nugget Online Gaming for $1.56 billion in stock
  • Shareholders of Golden Nugget Online’s stock will receive 0.356 of DraftKings shares and this deal will bring 5 million customers into DraftKing’s ecosystem which has fallen behind in the iGaming sector

Many US corporations introduce vaccine mandates as delta variant cases increase

  • US Corporations such as Google, Walmart, Tyson Foos, and United Airlines have announced that they will mandate the Covid vaccine for some or all of their employees
  • As of August 8, the US has reported a seven day average of more than 108,600 new Covid cases a day which is a 36% increase from a week prior

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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