A significant Massachusetts-based hashish corporate introduced plans Tuesday to procure a couple of Chicago pot stores. Ascend Wellness and Health, which lately operates a cultivation heart in Barry and two downstate dispensaries, agreed to procure MOCA Modern Cannabis’ flagship location in Logan Square and a newly opened retailer in River North. The deal will have to first be authorized by means of the Illinois Department of Financial and Professional Regulation, which oversees dispensaries. “We are pleased to enter the third largest city in the United States through our pending purchase of Modern Cannabis. MOCA has been a leading player in the Chicago market, and we are excited to pair it with our Illinois Supply & Provisions dispensaries, which include
Tag: company
Forever 21 chapter: Company plans to file, report says
Another girls’s clothes retailer chain is reportedly near submitting for chapter safety. Teen retailer Forever 21 Inc. is getting ready for a possible submitting as its turnaround choices fade, Bloomberg reported Wednesday, citing individuals with data of the plans. According to Bloomberg, Forever 21 employed a workforce of advisers to assist restructure its debt and has been in talks for added financing, however negotiations with potential lenders have stalled, Forever 21 didn't instantly reply to USA TODAY’s request for remark. Filing for Chapter 11 chapter safety usually entails some retailer closures as retailers look to interrupt leases on money-losing shops and slash loans. The aim is usually to create a reorganized, often-smaller firm that may get
Ford Aggressively Pursuing Change To Become ‘Most Trusted Mobility Company’
Ford’s new CEO has his eye on the prize. Jim Hackett was brought in to replace Mark Fields as CEO in March, and since then, he has been exploring ways that Ford can improve its business operations. On Tuesday, Hackett gave a presentation to investors, outlining how the “Blue Oval” will cut costs and position itself such that it can become “the world’s most trusted mobility company,” according to a press release. “When you’re a long-lived company that has had success over multiple decades the decision to change is not easy — culturally or operationally,” Hackett said in a statement. “Ultimately, though, we must accept the virtues ... NESN.com
Tesla’s Worker Injury Rate Drastically Higher Than Industry Average In 2015
Share this: Automotive and technology enthusiasts likely would jump at the chance to work for a company as progressive as Tesla. That jump, though, could end in a painful fall. The injury rate for Tesla workers at the company’s manufacturing plant in 2015 was 31 percent higher than the industry average, according to a report published Wednesday by Worksafe, a California-based organization that strives to eliminate hazards in the workplace. Moreover, the rate of serious injuries — those resulting in days off from work or restricted duty — was nearly double the industry average in 2015. Overall, the report says Tesla saw 8.8 injuries per 100 workers in 2015, with the industry average being 6.7. For serious injuries, Tesla’s rate was 7.9, compared to 3.9
Jim Hackett Replaces Mark Fields As Ford CEO Amid Management Overhaul
Share this: Ford started its week off with sweeping changes. The American automaker announced Monday that Mark Fields is resigning as CEO, ending a 28-year tenure with the company, according to a press release. He will be succeeded by former Steelcase CEO Jim Hackett. Fields reportedly stepped down amid pressure from investors, though company chairman Bill Ford praised the now former executive for helping Ford survive the recession. “Mark Fields has been an outstanding leader and deserves a lot of credit for all he has accomplished in his many roles around the globe at Ford,” Bill Ford said in a statement. “His strong leadership was critical to our North American restructuring, our turnaround at the end of the last decade, and our record profits in
Riding With Lyft Now Can Earn You Free Miles With Delta Airlines
Share this: Free airline miles are a precious resource, something people go to great lengths to accumulate. Now, though, you can earn miles on your way to work, class, or even the airport. That’s because lyft, the United States’ second most popular ride-hailing service, is allowing users to earn miles with Delta Airlines on every ride they take, the company announced Wednesday. All users have to do is link their accounts to Delta’s SkyMiles program, and they’ll earn a mile for every dollar they spend on Lyft. There’s even an added bonus for rides to and from airports, as riders can earn three miles per dollar. Lyft has been quite active lately, as the company announced a self-driving vehicle partnership with Alphabet-owned Waymo on Monday. Thumbnail photo
New Lawsuit Alleges Bose Headphones Spy On Listeners Via Connect App
Share this: Bose makes some of the best audio equipment around. However, the company might be using some of its technology to break the law. In a lawsuit filed Tuesday in federal court in Chicago, Kyle Zak alleges Bose spies on its wireless headphone customers by using an app that tracks the various types of audio entertainment they listen to, according to Reuters. Furthermore, Zak claims the Framingham, Mass., company violates privacy rights by selling users’ information without permission. “People should be uncomfortable with it,” Christopher Dore, Zak’s lawer, said in an interview, via Reuters “People put headphones on their head because they think it’s private, but they can be giving out information they don’t want to share.” Zak reportedly is seeking millions of dollars of damages