A Forbes investigation into Papa John's pizza company unveils a toxic culture of sexual harassment, spying and confidential settlements, allegedly fostered by founder John Schattner and some high-level executives. Current and former employees detail Schattner's control over the company, including nondisparagement contracts and mandatory arbitration, frequent executive turnover and numerous occasions of sexist behavior.
Several Democrats in the US House are expected to present their own version of legislation to update the nation's higher-education law later this month after efforts to pass a Republican-backed measure stalled. Rep. Jared Polis, D-Colo., says the bill will focus on college access and workforce training.
Former US Commodity Futures and Trading Commission chairman Gary Gensler, now a Senior Lecturer at MIT Sloan School of Management, described the underlying cryptocurrency cash market as "a mess" during a US House Committee on Agriculture hearing, noting that Congress needs to establish who should regulate it. "The [Securities and Exchange Commission] has securities, the CFTC has derivatives, I think you want to debate what to do with the underlying market," he said.
Starbucks will open its first US "Signing Store" that will run using American Sign Language. The Washington, D.C., store will be located near Gallaudet University, a school designed for deaf and hard-of-hearing students, and will be staffed by a mix of hearing and deaf employees, all of whom are proficient in ASL.
Value-based care models could reduce health care costs, industry experts told a Senate Health, Education, Labor and Pensions Committee hearing. David Lansky of the Pacific Business Group on Health said value-based models have had positive results but employers are worried the industry has been slow to make the transition and, faced with mixed incentives, will stay with a traditional fee-for-service model.
Marketers' spend on Amazon's Sponsored Products ads increased 165% in the second quarter of this year, Merkle reports. And investment in the platform's Headline Search Ads spiked 162% year-on-year in the same quarter.
Gymboree's shift from head-to-toe matching outfits to separates that let kids express their own styles is getting mixed early reviews from parents. The retailer made the changes with feedback from focus groups of parents, many of whom grew up learning to create their own styles with pieces from retailers including Forever 21 and H&M, Gymboree Group CEO Daniel Griesemer said.
Samsung may release a smart speaker powered by Bixby in August, per a report in The Wall Street Journal. The device may be released Aug. 9 in conjunction with the Samsung Unpacked event.
Novartis officials say they are freezing any increases in drug prices this year, making the announcement a week after Pfizer agreed to freeze prices. Company officials said they will work with governments and stakeholders in developing and giving access to medications.
Rep. Mike Coffman, R-Colo., is vocalizing his support for a resolution under the Congressional Review Act that would undo the repeal of net neutrality regulations, becoming the first Republican to back the measure. Coffman says that while he would prefer a legislative solution, "the CRA is better than nothing."
The $8 billion renovation and expansion of LaGuardia Airport is progressing with an ultimate goal of curbing flight delays and connecting the airport to New York City's subway system. The main terminal, which will replace Terminal B by 2020, will add 1.3 million square feet and 35 gates.
Caesars Entertainment has committed to reduce carbon emissions by 95% of 2011 figures by 2050. Meanwhile, 60% of Caesars' suppliers will set science-based emissions reduction targets by 2023, according to the company.
Airbus has missed delivery deadlines, which has hurt its cash flow while upsetting relationships with customers. Meanwhile, supplier delays and increased demand are keeping Boeing on alert, though it says it will not miss deadlines.
A growing number of hotels and resorts are accommodating cancer patients with customized spa treatments and menus developed in concert with nonprofits, medical professionals and nutritionists. The nonprofit Wellness for Cancer has trained therapists at more than 200 properties in safe techniques for massages, facials and other services.
