Business

Blackstone is buying Jersey Mike’s; it also has a stake in these big brands

Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition that the investment firm announced on Tuesday. The investment firm, run by CEO Stephen Schwarzman, will hold a majority ownership stake in Jersey Mike’s through its “most recent flagship private equity vehicle and other funds it…

Boeing to lay off 2,200 Washington workers in coming months

Boeing is set to lay off 2,199 workers in the state of Washington in the coming months, with some losing their jobs just days before Christmas. The aviation company notified the state of Washington of the cuts, according to FOX 13 Seattle. Another 220 people will lose their jobs in…

Tom’s of Maine toothpaste made with bacteria-contaminated water, FDA says

Federal officials discovered “significant violations” at Tom’s of Maine’s manufacturing facility, including using water contaminated with bacteria to produce some of its toothpaste.  The Food and Drug Administration (FDA) outlined such violations in a letter sent to Tom’s of Maine’s parent company, Colgate-Palmolive, earlier this month. The letter was made…

Lauren Sanchez is tight-lipped about wedding plans with Jeff Bezos

Lauren Sanchez kept it brief when responding to questions about her wedding planning with Amazon founder Jeff Bezos during an interview on the “Today” show. Sanchez, an Emmy-winning journalist and vice chair of the Bezos Earth Fund, appeared on the program to promote the recent $110 million donation she and…

Trump eyes official crypto lead or czar

In what would be the first role of its kind, President-elect Trump is mulling a position dedicated solely to cryptocurrency policy, FOX Business has learned.  It’s unclear if the role would be a czar type or a White House staff role, but the individual would have the president’s ear, according…

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