Sunday, June 13, 2021
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Hostess snacks are back

• LivingSocial, a website that provides daily coupons and deals to members, was the victim of a computer hacker. Data from potentially 50 million users was compromised, according to the Wall Street Journal.

• The New York Times Company reported a decline in income for the first quarter of this year. The company is struggling while it tries to balance advertising in both print and digital news, according to the New York Times.

David’s Bridal created a program called “My Event.” The app will work with Facebook, Twitter and Pinterest to let brides create a mood board of all of the things they are looking for in their wedding, according to CNBC.

• Boeing’s 787 Dreamliner returned to service for the first time since its grounding three months ago. Ethiopian Airlines was the first company to fly the plane again, according to the Wall Street Journal.

• Twinkies will return to the shelves in mid-July after Hostess almost completely wound down operations and sold off most of its assets. The new company, Hostess Brands LLC, looks to bring back most of its iconic snacks, according to CNBC.

• Altria Group Inc., the maker of Marlboro, announced on Thursday, April 25 that it will begin production of electronic cigarettes. Sales of e-cigarettes totaled more than $500 million last year, according to the Wall Street Journal.

• Due to a loophole in recent environmental regulations set by the Chinese government, emissions limits correlate to the weight of the vehicle. This led to a dramatic increase in the sales of SUVs, according to the Wall Street Journal.


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