Business

Delete salon helps those wanting to erase their ink

Delete salon helps those wanting to erase their ink

Georgann Yara Special for The Republic Troy Warren for CNT   She was born in Chicago and intended to focus on the game. But when Marci White took her staff to a Chicago Cubs spring training game, she couldn’t ignore a huge distraction. It started when attendees, mostly from the Windy City, took off their shirts to soak up the Arizona sun. “There was a sea of not-artistic tattoos,” said White, who pondered whether the ink was still loved by its bearers. “I saw pretty awful tattoos and wondered, ‘What do you do if you don’t want these tattoos anymore?’” White, a veteran of the hospitality…
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Carnival loses $2.1 billion waiting for cruising to resume

Carnival loses $2.1 billion waiting for cruising to resume

By The Associated Press Troy Warren for CNT MIAMI — Carnival Corp. said it lost more than $2 billion in its latest quarter as the company’s cruise lines remained mostly shut down by the pandemic, but it said bookings for next year are running ahead of 2019′s pace. Shares of the Miami-headquartered company fell 2.5% on Thursday. The cruise industry was a visible early victim in the pandemic, as passengers and crew members tested positive for COVID-19 and some ships were turned away from ports. The industry has battled the U.S. Centers for Disease Control and Prevention over health requirements for…
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BuzzFeed Going Public, Valued At $1.5B In SPAC Merger

BuzzFeed Going Public, Valued At $1.5B In SPAC Merger

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT The digital media company, merging with a blank check firm named after the headquarters of Marvel's Avengers, plans to use the fresh cash to acquire Complex Networks. Digital media giant BuzzFeed is merging with a special purpose acquisition company (SPAC) and going public in a bid to roll up and consolidate some of the digital media industry. The deal will value the company at $1.5 billion. The company says that it has agreed to merge with 890 5th Avenue Partners, a SPAC which raised $250 million in an IPO earlier this year. 890 5th…
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UPS zeroes in on most profitable packages to deliver

UPS zeroes in on most profitable packages to deliver

By Kelly Yamanouchi, The Atlanta Journal-Constitution Troy Warren for CNT With more goods being delivered to doorsteps by an increasing number of companies, shipping giant UPS is zeroing in on the most profitable types of deliveries and customers. “UPS operates in a large and growing marketplace,” said CEO Carol Tomé said during an investor presentation Tuesday The company aims to bring in $98 billion to $102 billion in revenue in 2023, up from $84.6 billion last year. Meanwhile, the small package delivery industry worldwide is expected to bring in $600 billion a year by 2023, up from $452 billion in 2020. “Our focus is…
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U.S. jobless claims tick down to 411,000 as economy heals

U.S. jobless claims tick down to 411,000 as economy heals

By CHRISTOPHER RUGABER, Associated Press Troy Warren for CNT WASHINGTON — The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving. The Labor Department said Thursday that jobless claims declined just 7,000 from the previous week to 411,000. The number of weekly applications for unemployment aid has fallen steadily this year from about 900,000 in January. The level of unemployment claims generally reflects the pace of layoffs. As the pandemic fades, states and cities are lifting more business restrictions — California just fully reopened June 15 — and the economy is…
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Ryan Reynolds’ Maximum Effort Marketing Acquired by MNTN

Ryan Reynolds’ Maximum Effort Marketing Acquired by MNTN

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT Maximum Effort Productions is not part of the deal and will continue to operate as a standalone company. Ryan Reynolds’ Maximum Effort Marketing, the agency behind viral ads for Match and Mint Mobile, has been acquired by the advertising software company MNTN. As part of the deal, Maximum Effort Marketing will retain its identity and exist as an agency within MNTN (“mountain”). Reynolds will serve as MNTN’s chief creative officer while George Dewey will become the company’s chief brand officer, while also retaining his position as president of Maximum Effort. Reynolds’ Maximum Effort Productions, which signed…
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Ryan Reynolds’ Maximum Effort Marketing Acquired by MNTN (Exclusive)

Ryan Reynolds’ Maximum Effort Marketing Acquired by MNTN (Exclusive)

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT Maximum Effort Productions is not part of the deal and will continue to operate as a standalone company. Ryan Reynolds’ Maximum Effort Marketing, the agency behind viral ads for Match and Mint Mobile, has been acquired by the advertising software company MNTN. As part of the deal, Maximum Effort Marketing will retain its identity and exist as an agency within MNTN (“mountain”). Reynolds will serve as MNTN’s chief creative officer while George Dewey will become the company’s chief brand officer, while also retaining his position as president of Maximum Effort. Reynolds’ Maximum Effort Productions, which signed…
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Business travel faces long road to recovery from pandemic

Business travel faces long road to recovery from pandemic

By Kelly Yamanouchi, The Atlanta Journal-Constitution Troy Warren for CNT Atlanta’s economic fortunes linked to corporate trips, conventions American leisure air travel is bouncing back quickly after plunging last year. But it could take months or years for business travel to return to normal — if ever — even as more companies prepare to bring workers back to offices. That spells uncertainty for metro Atlanta’s economy, which hosted hundreds of trade shows and conventions before the pandemic. Eighteen Fortune 500 companies have their headquarters in Georgia, also drawing a steady stream of visitors with expense accounts through Hartsfield-Jackson International Airport until last year.…
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NBC Approaches “Moral Hazard” Amid Tokyo Olympics Push During Pandemic

NBC Approaches “Moral Hazard” Amid Tokyo Olympics Push During Pandemic

BY PATRICK BRZESKI | HollywoodReporter.Com Troy Warren for CNT As health experts question the wisdom of proceeding with the games in Japan — where just 6 percent of the population is fully vaccinated — the broadcaster, with billions at stake, is taking a big risk. During the TV industry’s upfronts in May, Disney enlisted Jimmy Kimmel to liven up the proceedings with a stand-up routine. The ABC late-night star roasted the broadcast community but reserved his arguably sharpest words for NBCUniversal, saying, “NBC is planning to move forward with the Olympics this summer, even if they have to kill every last person in Japan to…
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Delta to hire 1,000 pilots as pandemic recovery continues

Delta to hire 1,000 pilots as pandemic recovery continues

By Kelly Yamanouchi, The Atlanta Journal-Constitution Troy Warren for CNT Delta Air Lines plans to hire 1,000 pilots by next summer as it continues to recover from the effects of the COVID-19 pandemic. Last year, Atlanta-based Delta cut more than 1,800 pilots from its payroll through early retirement packages and put about 1,700 junior pilots on inactive status. The cutbacks contributed to staffing issues that led Delta to cancel hundreds of flights around Thanksgiving and Christmas last year. The airline had more staffing challenges over Easter this year. Delta now has about 12,000 pilots. Operations chief John Laughter told pilots in a memo that the plan for hiring is a “positive…
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