Chinese regulator fines Luckin Coffee, affiliated groups $9M

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Chinese regulator fines Luckin Coffee, affiliated groups $9M

China’s market competition regulator on Tuesday announced a fine of 61 million yuan (U.S. $9 million) against Luckin Coffee and a group of affiliated firms in response to the coffee chain’s inflated-sales scandal. The fine, spread across 45 companies, …
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Intel hires new chief strategy officer, Saf Yeboah-Amankwah

Intel named a new chief strategy officer Tuesday, hiring McKinsey & Co. partner Saf Yeboah-Amankwah. Intel said Yeboah-Amankwah will run Intel’s global strategy office, which includes the company’s venture capital arm, Intel Capital. At McKinsey, he was …
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Egg Tray Market- Roadmap for Recovery from COVID-19 | High Demand For Eggs to boost the Market Growth …

LONDON–(BUSINESS WIRE)–Sep 25, 2020–. Technavio has been monitoring the egg tray market and it is poised to grow by USD 865.64 mn during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date …
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PPP Recipients Now Eligible for Indiana Small Business Restart Grants

More businesses can now qualify for COVID-19 relief through Indiana’s Small Business Restart Grant program. It’s being expanded to businesses that also got federal funding through the Paycheck Protection Program. Chris Johnston is the director of the …
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Oil prices down for the week on new coronavirus concerns

(Bloomberg) –Oil fell this week amid growing concerns that another wave of the coronavirus pandemic will spark tighter lockdown measures and further stifle crude demand. New York futures edged lower Friday and fell 2.1% on the week. The number of U.S. …
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