The Kellington Times
Tootsie Roll’s Sweet 83-Year-Old CEO Made Over $2 Billion In The Wild Reddit Vs. Hedge Fund Trading Saga
During the frenzied trading activities, Tootsie Roll’s stock price skyrocketed. Can you guess who made a fortune on this? If you thought it was a Gen-Z trader or big-shot hedge fund honcho, you’d be wrong. Ellen Gordon, the 83-year-old CEO of the candy company saw her holdings in the company jump to a value of over $2 billion!
In the face of intensive public, political and regulatory pressure concerning its business practices, Facebook has hired its first chief compliance officer, Henry Moniz.
The airline industry has been one of the hardest-hit sectors of the economy. The pandemic nearly grounded the industry to a complete halt. According to Bloomberg, “About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to [Covid-19].” United Airlines, once again, announced that there may be large layoffs looming. According to CNBC reporting, the company said “roughly 14,000 employees are at risk.”
Millions of Americans have lost their jobs. They’ve watched helplessly as their meager savings dwindled away, as they were confined to their homes—prohibited from interacting with friends, attending church, temple or music and sporting events due to restrictions enacted in response to the Covid-19 pandemic. This resulted in a profound impact on the mental health and emotional well-being of people—leading to a significant increase in cases of anxiety, depression and deaths by suicide.
We tend to think of the future in terms of seismic shifts. The ‘60s Jetsons cartoon portrayed the future as flying cars, robot maids and a workweek consisting of an hour a day, two days a week. The more reasonable reality for the future of work is there will be incremental changes that will blossom into full-blown established trends.