Anna Gronewold

Brands Brief: Whole Foods Market to Trim Staff in Wake of Amazon Acquisition

By Anna Gronewold Top Stories Grocer Whole Foods Market Inc. is cutting positions in its marketing and graphic design departments in the wake of its Inc. acquisition. The companywide cuts are a result of Whole Foods’ efforts to centralize “the creation and production of signage and decisions around signage needs,” according to a recording of […]

Finance Brief: Week in Review & What’s Ahead

By Anna Gronewold Week in Review Executive branch The Securities and Exchange Commission issued its largest-ever whistleblower awards, totaling $83 million, to three unnamed Merrill Lynch insiders who came to the SEC with information that led to a 2016 enforcement action against Bank of America Corp., according to the attorney for the whistleblowers. One of […]

Brands Brief: Film Studio Weinstein Co. Files for Bankruptcy

By Anna Gronewold Top Stories Film studio Weinstein Co. filed for bankruptcy and will sell itself to an affiliate of Dallas-based Lantern Capital Partners. The movie company, struggling against claims of sexual harassment against co-founder Harvey Weinstein, listed as much as $1 billion in debt and $1 billion in assets in a Wilmington, Del., filing. (Bloomberg) […]

Brands Brief: Meredith Corp. Might Lay Off 200 to 300 Staffers

By Anna Gronewold Top Stories Meredith Corp. is expected to lay off 200 to 300 staffers as soon as this week, primarily among Time Inc.’s corporate employees in New York, as part of its plan to cut up to $500 million in costs over the next two years, according to people familiar with the matter. The […]

Brands Brief: Week in Review & What’s Ahead

By Anna Gronewold Week in Review Tech companies  Facebook Inc. will have exclusive rights to stream 25 Major League Baseball games during the 2018 season. When asked which geographic center holds the most power and influence in America, respondents in a recent Morning Consult survey ranked the tech industry in Silicon Valley far behind politics and […]