Chipotle to Offer $15 Average Hourly Wage
Chipotle Mexican Grill, one of the nation’s largest casual food chains, announced it is increasing pay that will give workers a $15 average hourly wage by the end of June. … Read More
Elon Musk to Host SNL Tonight With Miley Cyrus
Tesla and SpaceX CEO Elon Musk will host NBC’s Saturday Night Live from New York City at 11:30 p.m. Eastern Time, 8:30 Pacific time. Musk is the wealthiest person to … Read More
Homes for Sale Getting Snapped Up
SANTA CLARA — The number of new home sellers surged in April compared to last year when most cities had shelter-in-place orders in effect. However, with the number of new … Read More
KFC to Hire 20,000 Employees Nationwide
Kentucky Fried Chicken, a division of Yum Brands, plans to hire 20,000 employees nationwide after announcing strong Q1 earnings results last week. As demand continues to grow, the fried chicken … Read More
Google to Become Official Sponsor of WNBA
The Women’s National Basketball Association (WNBA) announced that Google will become a WNBA Changemaker through a new multiyear partnership that will drive engagement during many key moments throughout the year. … Read More
McDonald’s to Sell BTS Meal Starting May 26
McDonald’s is teaming up with Korean super boy band BTS to sell a special meal in U.S. restaurants starting May 26 and in 50 countries worldwide over the next month. … Read More
Facebook Says Workplace Has 7 Million Subscribers
Facebook announced that its Workplace software for companies has 7 million paid subscribers, a 40% increase over the past year. Growth has been boosted by the pandemic which has more … Read More
NY Times Reports 7.8 Million Subscriptions
The New York Times Company reported a 6.6% increase in first-quarter revenues at $473 million with growth in digital subscriptions but a continued decline in print newspaper sales. Subscription revenues … Read More
Cellares Scores $82 Million Series B
SOUTH SAN FRANCISCO — Cellares Corporation, a life sciences technology company that automates cell therapy manufacturing, has secured $82 million in a Series B round, bringing total funding to date to $100 million. … Read More
Apple Awards $400 Million to II-VI Company
CUPERTINO — Apple has announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a publicly-traded manufacturer of optical technology based in Saxonburg, PA. The new award … Read More
Wilson Sonsini Law Firm Launches Digital Hub for Founders
PALO ALTO — The law firm Wilson Sonsini has launched a new digital hub for its Emerging Companies Practice, providing founders, entrepreneurs and venture capitalists unparalleled access to a wide … Read More
Caesar’s to Reopen Bacchanal Buffet in Las Vegas
LAS VEGAS — Caesar’s Palace, one of the most famous hotel casino resorts in Las Vegas, announced it will reopen its Bacchanal Buffet on Thursday, May 20 after being closed … Read More
Wendy’s to Sell Bourbon Bacon Cheeseburger
May is National Hamburger Month and Wendy’s — one of the nation’s largest fast food chains — is introducing Bourbon Bacon Cheeseburger to celebrate. The new burger is priced at … Read More
228 High Schools Had Players Drafted in NFL
With the 2021 NFL Draft now complete, the incoming class of drafted rookies will soon experience its first taste of NFL life. And while the drafted rookies enter the NFL … Read More
Amazon Web Services Powering Expansion of Disney+ Worldwide
Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com,, unveiled that The Walt Disney Company is leveraging AWS for the global rollout of Disney+, which has quickly become one of … Read More
Intel to Spend $3.5 Billion on New Mexico Operations
RIO RANCHO, NM — Intel Corporation says it will invest $3.5 billion to equip its New Mexico operations for the manufacturing of advanced semiconductor packaging technologies, including Foveros, Intel’s 3D … Read More
Trump Still Banned From Facebook
The Oversight Board of Facebook announced it has upheld Facebook’s decision on January 7, 2021, to restrict then-President Donald Trump’s access to posting content on his Facebook page and Instagram … Read More
Cologix Completes Buy of Silicon Valley Data Center
Cologix, a Denver-based privately-held data center company, has completed a deal to buy vXchnge’s 84,000 square foot data center and five-acre campus in Santa Clara, California. The facility, now renamed … Read More
Amazon Air Launches Regional Hub in San Bernardino
Amazon has so many packages to deliver it operates its own fleet of freight aircraft. Amazon Air is now expanding with the launch of a new regional air hub at … Read More
Mux Lands $105 Million Series D
SAN FRANCISCO — Mux, which operates a video platform for developers, has raised $105 million in a Series D funding led by Coatue, along with existing investors Accel, Andreessen Horowitz (a16z), … Read More
Step Steps It Up With $100 Million Series C
SAN FRANCISCO — Step, a banking service built for teens and families, has raised a $100 million Series C round of funding from major investment firms to celebrities. The round … Read More
Median California Home Price Hits Record High
Fierce competition drove California’s median home price to reach a new record high in March, while the state’s housing market continued its momentum with sales remaining solid heading into the … Read More
Disneyland Reopens After Year of Closure
ANAHEIM — Walt Disney’s original Disneyland Park reopened to the public, along with California Adventure Park, on Friday, April 30, 2021. Guests entered the theme parks filled with joy and … Read More
Vectra AI Scoops Up $130 Million
SAN JOSE — Vectra AI, a provider of online threat detection and response, announced a $130 million round of funding led by funds managed by Blackstone Growth. The investment will help fuel … Read More