News — Business

A month’s worth of stricter restrictions on restaurants, gyms and other types of businesses because of the COVID-19 pandemic has taken a heavy toll on the Colorado economy as new unemployment filings continued to climb at an alarming rate last week. The Colorado Department of Labor of Employment reported Thursday that 52,386 people filed initial claims for unemployment during the week ending Dec. 19. That’s a 29.4% increase over the week ending Dec. 12. It’s the single worst week for new claims since April, and roughly a five-fold increase over weekly claims volume seen as recently as October. Of those...

By Dee-Ann Durbin | The Associated Press More than 50 Black former McDonald’s franchise owners are suing the burger chain, saying the company steered them to less-profitable restaurants and didn’t give them the same support and opportunities given white franchisees. The 52 plaintiffs, who owned around 200 U.S. stores before being forced to sell them over the last decade, are seeking compensation of $4 million to $5 million per store, according to the lawsuit. The suit was filed Tuesday in federal court in Chicago, where McDonald’s is based. According to the lawsuit, McDonald’s steered Black franchisees to stores in inner-city...

More than 50 Black former McDonald’s franchise owners are suing the burger chain, saying the company steered them to less-profitable restaurants and didn’t give them the same support and opportunities given white franchisees. The 52 plaintiffs, who owned around 200 U.S. stores before being forced to sell them over the last decade, are seeking compensation of $4 million to $5 million per store, according to the lawsuit. The suit was filed Tuesday in federal court in Chicago, where McDonald’s is based. According to the lawsuit, McDonald’s steered Black franchisees to stores in inner-city neighborhoods with lower sales volumes and higher...

Beyond the process of product development itself, the success of a product is often determined by how it is marketed towards its target audience. We have written extensively about the COVID-19 outbreak when there are several noticeable changes in user behaviour. In this situation, startups might find themselves scrambling to adjust their marketing strategy to changes in the market. In this second edition of our deep-dive series, e27 speaks to Tiger Wang, Head of Marketing at Shopee Singapore, to understand the best practices in building a marketing strategy as implemented in the company. He explains how Shopee is building its...

If you sit in a room full of people and ask them who hates their job, you’ll probably find a sea of hands raised. Because naturally, we hate going to work for someone else. It’s not on our terms and being told what to do when it doesn’t match your opinion is so hard to do. Yet the majority of people will stay in their careers because they find it easier to do so rather than making a big change in life. But if there’s one thing that we know appeals to so many people, it’s the chance to set...