ICYMI: 03.14.23
GIRL SCOUT COOKIE SHORTAGE OPENS BLACK MARKET
A shortage of Girl Scout cookies has led to a black market on eBay. Raspberry Rallies, a limited edition cookie that typically sells for $4-$7, is listed on the e-commerce sight for as high as $499. Little Brownie Bakers, one of two bakeries that produce cookies for Girl Scouts of America, faced supply chain shortages, and some troops are cutting their cookie sale season short.
Funko Pop Dumps $30M of Bobbleheads
Funko Pop is sending thousands of collectible bobblehead merchandise to the dump. The maker of collectible figures, which resemble characters and people from pop culture, is shedding $30 million in excess inventory.
FTC Investigating Twitter Over Privacy, Security Concerns
The Federal Trade Commission has demanded that Twitter turn over internal communications over concerns that layoffs could compromise the company’s ability to protect users’ privacy and security.
Payrolls rose 311,000 in February
Nonfarm payrolls rose by 311,000 in February, and the unemployment rate rose to 3.6%. Here are the numbers:
Leisure and hospitality: 105,000
Retail: 50,000
Government: 46,000
Professional and business services: 45,000
More Companies Are Offering Daycare at Work
Employers are offering child care as an incentive to attract and retain talent in an effort to address the shortage of daycare workers that is keeping people from the workforce.
Starbucks’ CEO to Testify Before Senate Committee
Starbucks’ CEO Howard Schultz has agreed to testify before a Senate committee to address questions about baristas seeking to unionize.
Silvergate Capital Shutters Operations, Liquidating Bank
Silvergate Capital, a leading lender in the crypto industry, said on Wednesday that it is shutting down operations and liquidating $11 billion in assets.
Amazon NFT Marketplace To Reportedly Launch in April
Amazon is reportedly launching a digital marketplace for selling nonfungible tokens (NFTs) for people who do not have access to crypto wallets. The marketplace is expected to launch in April with 15 initial collections.
Best Buy Strikes Deal with Atrium Health for In-Home Hospital Care
Best Buy has made a three-year deal with Atrium Health to set up virtual hospital rooms. The consumer electronics retailer will deploy its Geek Squad, known for installing and troubleshooting home electronics, to install the technology in patients’ homes.
