News

Dunkin’ Donuts is Downsizing Its Menu Offerings and Headcount

Dunkin' layoffs

Dunkin Brands Group Inc (NASDAQ:DNKN) is going through major changes in its business. The business will see a reduction of 6.6% of its global corporate workforce from its 1,200 employees within this division. Dunkin’ will lay off 40 of its white-collar employees at the corporate level. In addition, 40 unfilled vacant positions will be eliminated. (more…)

Education Inequality Impacts Racialized Minorities in the U.S., Report

Education inequality

Education inequality hurts low-income black and Latino students forced to learn in schools with crumbling walls, old textbooks, and unqualified teachers, a new report from the U.S. Commission on Civil Rights has found. The commission found that education inequality is primarily driven by the fact that schools are mostly funded by state and local tax (more…)

Serco, a Wentzville Obamacare Processing Center, Is Closing, Affecting 850

Serco Closing

Serco Inc. announced it is shuttering its processing facility in Wentzville, Missouri in June, a move that will affect 850 employees. Serco Inc., the Americas division of British-based Serco Group plc (LON:SRP), processes Affordable Care Act (Obamacare) applications at the facility in Wentzville. When the Wentzville Center opened in the summer of 2013, it hired (more…)

Penthouse Global Media Files for Bankruptcy for Third Time

Penthouse Global Media

The third time’s the charm. Penthouse Global Media, Inc. has filed for Chapter 11 bankruptcy protection for the third time. The company previously filed for restructuring in 2003 and 2013. The 2018 filing said little about the company’s debt, but listed estimated liabilities of between $10.0 million and $50.0 million. Interestingly, its two top creditors (more…)