• An at-home fitness start-up that produces a $2,295 machine named Hydrow has said that they have secured almost $200 million in funding 
• Justin Timberlake and Lizzo are just 2 of many investors in Hydrow 

Happy meal toys to be more sustainable by end of 2025 according to McDonald’s

• According to a pledge from McDonald’s they will offer sustainable Happy Meal Toys that are made with much less plastic by the end of 2025
• The company’s goal is to cut the amount of virgin fossil fuel-based plastic is used in toys in 2018 by 90%

Ford Expedition Timberline unveiled with off-road capability and hands-free highway driving

• On September 21, Ford unveiled their new off-road Timberline model of the Expedition SUV for 2022 and they have added a set of new features
• This new model includes a new exterior, more ground clearance, off road-features, a heavy-duty skid plate, and hand-free highway driving 

August sales at Subway were strongest in 8 years according to company 

• On September 21, Subway announced that their August sales for their US restaurants have been the strongest since 201, and the company predicts to beat its sales turrets for 2021 by $1 billion
• This increase in sales is believed to be fueled by Subway’s menu overhaul as they now offer more new and improved ingredients

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• 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

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• Currently, the Dallas Cowboys are the latest NFL team to add new antennas to their stadium to boost cellular connectivity and speeds
• The team has agreed to have 20 MatSing’s antennas installed before the team’s opening on September 27 with costs of up to $250,000

Kohl’s, McDonald’s, and Target to require masks for all store workers 

• Kohl’s, McDonald’s, and Target will begin rolling out their mask mandates for store employees in counties considered at high risk in the United States based on the CDC’s rankings
• On August 3, these mandates will be in effect

Atmos and WSS to be bought by Foot Locker for $1 billion

• To extend its reach in Asia, Foot Locker will soon buy two smaller shoe store chains “WSS” and “Atmos” for $1.1 billion
• The Japanese streetwear retailer “Atmos” will be bought for $360 million and a California-based company “WSS will be bought for $750 million

Domestic debut of Disney’s “Jungle Cruise” receives $34.2 million and $30 million from Disney+

• From the Box Office, Disney’s Jungle Cruise has garnered $34.2 million and $30 million from their digital sales of the film on Disney+
• Disney has decided to release their new film on both Disney+ and in theaters to allow audiences to have the choice of watching from home or going to see it in person

Spirit Airlines and American Airlines have passenger flights canceled after storms

• On August 1, Summer storms have disrupted operations at the DFW airport, the United States’ busiest hub
• Passengers complained about social media about long hold times and lengthy waits before plane departures at customer service
• According to FlightAware.com, the site says that about 14 percent of American’s mainline schedule was canceled, and about 35 percent of Spirit’s

The post Business News – 08-02-2021 appeared first on Easy Ad - Local Small Business Resources.

• By 2024, McDonalds have plans to reach an average of $15 an hour by 2024 at all of their company owned restaurant 
• Currently, there is a high competition amongst fast food chains and large retailers for workers and McDonald’s is trying to give potential workers a higher appeal to work for them
• Those 95% of restaurants that aren’t owned by the company will have pressure for McDonald’s franchise to raise wages 

Dr. Ashish Jha thinks Covid booster isn’t necessary

• Just recently Dr. Ashish Jha has said that the has not seen any evidence for people to take the Covid booster which would be a third shot for those already vaccinated
• Two days ago (Thursday) BioNTech and Pfizer has reported that they are developing a Covid-19 booster shot to target the delta variant 

Covid Delta variant spreads through Mississippi and health officials urge elderly to avoid indoor gatherings

• Health officials in Mississippi have recently issued new guidance for the elderly in the state and residents with compromised immune systems whether vaccinated or vaccinated to avoid indoor gathering
• Out of all the states in the country, Mississippi has ranked last in the country for vaccinated residents 

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