The world’s biggest toy maker, Lego, has announced that it is scrapping its plans to use recycled plastics from water bottles in the manufacturing of the company’s iconic plastic bricks.

The most recent contract proposal by automaker Stellantis to the United Auto Workers union could lead to the closure of 18 U.S. facilities, but it could also bring new investments and repurpose an idled vehicle assembly plant in Illinois, sources familiar with the discussions told CNBC.

Qualcomm, the longtime semiconductor supplier for Apple, has extended its current contract to provide 5G modems for Apple's upcoming iPhones.

Amazon has announced that its online shopping platform has increased the threshold for free shipping from a minimum purchase of $25 to $35 for non-prime members.

Uber Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, according to people familiar with the matter, marking the most significant executive departure since the company went public in 2019.

With its initial release in 2021, TikTok Shop has grown significantly and may be the first legitimate contender to the global e-commerce giant Amazon.

A bipartisan group of U.S. lawmakers will urge the CEOs of Ford Motor and General Motors to shrink reliance on China auto parts, particularly electric vehicle batteries, sources told Reuters on Monday.

Netflix has finally begun to crack down on password sharing for the popular streaming service, and while this move has been extremely unpopular among its customers the increased regulations have proven to be quite fruitful for the company in its first couple of weeks.

Bud Light continues to be suffering a sustained decline in sales two months since the beer brand sparked backlash and calls for a boycott after sending a commemorative can to influencer Dylan Mulvaney.

Nordstrom is closing both of its stores in downtown San Francisco, citing the changing “dynamics” of the area that hasn’t recovered since the pandemic and has been in the spotlight for crime.

Despite recent signs that it was softening its stance on Microsoft’s proposed $68.7 billion acquisition of Activision Blizzard, the U.K.’s antitrust regulator, the Competition and Markets Authority (CMA), has announced that it has decided to formally block the deal.

Fox News took a hit as the popular host Tucker Carlson left the company abruptly.

Amazon delivery drivers at one of the company’s California facilities joined the International Brotherhood of Teamsters, the union said Monday, in a win for labor organizers that have long sought to gain a foothold at the e-retailer.

LVMH, the French parent company of Louis Vuitton and Dior, has become the first European company to reach a market value of $500 billion.

FedEx is ripping up founder Fred Smith’s well-worn playbook as it rethinks virtually the entire business. That could mean the end of FedEx drivers as we know them.

Samsung is one of the world’s largest producers of semiconductors and has largely little to no change to the company’s production output despite a continued slowing economy. That is no longer the case as the company has finally made the decision to reduce semiconductor production after losing billions.

BBC has announced staff must begin to delete TikTok from any corporate devices unless they are using the app for editorial or marketing purposes.

Following continued success throughout the United States Chick-fil-A has made the decision to invest $1 billion to bring their signature crispy chicken sandwich overseas and begin opening stores in both Europe and Asia.

The European Union’s plan to ban the sales of combustion engine vehicles by 2035 may be under attack from car manufacturers.

Stripe one of the world’s most valuable startups, the company told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax bill.

Bed Bath & Beyond is making a last-ditch effort to avoid bankruptcy by turning to the public markets for new cash.

Apple to post its first year-over-year revenue decline since 2019′s March quarter when it reports earnings on Thursday. There are a few contributing factors.

Ant Group, the Chinese tech company responsible for the development of the popular digital payment platform Alipay, announced on Saturday that the long-time head of the company Jack Ma will be ceding control of the company.

Last month Brookfield Brief reported that Apple is looking to move a significant portion of its manufacturing to India. Now, as of Friday, the company has listed numerous job openings pertaining to retail positions for the Company’s new flagship location within the country.

ExxonMobil and Chevron had a good year as the two U.S. oil and gas giants were able to gain a combined profit of nearly $100 billion in 2022.

Twitter is being sued for failing to pay $136,250 in rent for the company’s San Francisco office.

Growing tensions regarding tech between the United States and China have pushed Apple to make the decision to further diversify its production capabilities.

New Jersey Officials have announced that state officials have formally approved plans for Netflix to turn the former Fort Monmouth Army base into a state-of-the-art production facility.

Rivian has halted a deal to make electric vans with Mercedes-Benz in Europe as the start-up seeks to preserve cash reserves amid financial struggles by focusing on existing production in North America in deteriorating economic conditions.

PepsiCo may be slashing thousands of corporate jobs in North America. The layoffs will affect employees of its food and beverage businesses in Chicago; Plano, Texas, and Purchase, New York, the Journal reported, citing people familiar with the matter and a company memo. PepsiCo’s portfolio includes Gatorade drinks, Frito-Lay snacks, and Quaker Oats foods.

A college degree isn’t what it used to be as employers are rethinking necessary requirements for new hires in a time where the labor market is exceedingly tight.

Berkshire Hathaway said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing, a rare significant foray into the technology sector by billionaire Warren Buffett's conglomerate.

Airbnb gave a disappointing outlook for bookings in the fourth quarter, suggesting that consumer preferences are shifting away from higher-cost rentals that thrived during the pandemic and back to urban and cross-border destinations. The shares fell more than 9% in extended trading.

Warner Brothers – Discovery expects to record pretax charges of up to $4.3 billion as part of ongoing restructuring efforts at the film and TV company.

Royal Philips has announced that the company will be cutting 4,000 jobs in an attempt to better manage supply chain shortages and handle the recent backlash from a recalled sleep apnea device.

Netflix has revealed its plans to offer a reduced-cost version of the popular streaming service at a time when consumers are more reluctant to spend money.

Despite just about every car maker everywhere turning their heads towards the development of electric vehicles, Ford Motor has recently stated that for the time being their well-known Mustang will stick with a traditional gas-powered motor.

Netflix has announced a new partnership with Ubisoft, a popular European gaming developer with several AAA video game franchises such as Assassin’s Creed, Far Cry, and numerous Tom Clancy games.

Starbucks is expected to unveil a reinvention plan Tuesday as the coffee giant grapples with changing consumer behavior, outdated store designs and a union push in the U.S.

Peloton said co-founder John Foley and other senior leaders are leaving the company in a management shake-up as the maker of connected exercise equipment races to turn itself around.

Juul Labs agreed to pay at least $438.5 million in a settlement with more than 30 states, the latest step by the beleaguered e-cigarette maker to resolve allegations that it marketed its products to underage users.

As previously reported by Brookfield Brief, the release of Apple’s App Tracking Transparency feature has caused the company to have to rethink its methods of raising money. As the feature can significantly increase user satisfaction by ensuring greater data privacy and transparency, the company has lost significant sums due to decreased ad revenue.

Ford confirmed Monday it is laying off roughly 3,000 white-collar and contract employees, marking the latest in its efforts to slash costs as it makes a longer-range transition to electric vehicles.

As the pandemic fizzles out many companies are looking to return their workforce to the office, however, several employees from Apple have become quite accustomed to the work-from-home environment and are now pushing back against demands to return.

Domino’s ambitious experiment to launch American pizza tastes in the ancestral home of pizza has come to a quiet, predictable end. Seven years after its debut in the country, the American pizza giant has formally shut its stores after it failed to win over locals who preferred homegrown options, according to a report by Milano Today. EPizza SpA, the franchise operator of the Domino's brand in Italy, filed for bankruptcy after it struggled to make enough sales during two years of pandemic restrictions, according to a document filed in a Milan court.

Target, like Walmart, has begun expanding its e-commerce services by establishing its first delivery hub in the company’s hometown of Minneapolis. The delivery hub will utilize employees’ personal vehicles to deliver packages to a consumer’s front door and is looking to quickly expand to other parts of the country such as Chicago and Denver.

New subscriptions to Hulu have outpaced those of Disney’s flagship streaming platform, Disney+, in 18 of the past 24 months, and total new subscriptions to Hulu have exceeded those to Disney+ in each of the last six quarters, according to data from subscriber-measurement firm Antenna.

New Zealand-based Vodafone is selling its mobile phone tower assets to InfraRed Capital Partners and Northleaf Capital Partners for $1.1 billion, in which both companies will have a 40% stake in the new business known as TowerCo.

Warehouse giant Prologis has agreed to buy its rival Duke Realty in an all-stock deal valued at $26 billion including debt

Airbnb is closing its domestic business in China, according to two sources familiar with the matter. The company is planning to tell employees in the country as early as Tuesday morning in Beijing

Adani Group has high hopes for India’s economy in the coming years and response has begun laying the groundwork for the largest infrastructure acquisition in the country’s history

McDonalds said it would quit Russia and sell its regional business there, ending more than three decades in the country over its invasion of Ukraine

Elon Musk’s acquisition of Twitter did not come without tradeoffs as the world’s richest man sold off $8.5 billion worth of Tesla stock to successfully fund his takeover of the social media company

Brussels regulators have charged Apple with breaking EU competition law by abusing its dominant position in mobile payments to limit rivals’ access to contactless technology

Activision Blizzard has seen a significant drop in sales for the first quarter of 2022 as demand for the popular video game franchise, Call of Duty, fell

Congress is discussing potentially reallocating unspent funds provided to small businesses throughout the pandemic and using that money to assist with federal pandemic health expenses such as vaccines and therapeutics

Volkswagen has always thrived in the global economy by manufacturing and selling its vehicles around the world, however, recent geopolitical conflicts and worldwide pandemics that have resulted in stalled supply chains and closed off markets have caused Volkswagen to rethink its strategy and move away from the global market

Amazon successfully won the dismissal on Friday of an antitrust lawsuit brought upon the company by the District of Columbia stating that the company was negatively impacting consumers by preventing sellers on its platform from offering better prices for their products on other platforms

Despite Covid-19 cases dropping around the world since the end of January, unfortunately, some parts of the world are still struggling with rising numbers and extending lockdowns

Rio Tinto has offered to buy out minority shareholders including Turquoise Hill for their giant copper mining operation within Mongolia

The Colgate CEO stated last week at an industry conference that the household goods maker sees its new Optic White Pro Series toothpaste as the type of premium product “vital” to its ability to raise prices, which will help drive profit growth this year. His remarks come when many consumer products companies are hiking prices as much as they can to offset their own rising costs

Toyota, the world's largest carmaker, shut down all its factories within Japan today in response to a recent cyber-attack on one of the company’s biggest suppliers for the region

Activist investorCarl Icahn has launched a highly unusual board fight at McDonald’s to demand changes to the way its suppliers treat pigs. In a statement on Sunday, McDonald’s said Icahn had nominated two board directors as part of a campaign related to “a narrow issue regarding the company’s pork” processing. Icahn has asked McDonald’s to require that all its US pork suppliers end the practice of keeping pregnant pigs confined in small crates

Lockheed Martin has dropped its $4.4bn bid to buy the rocket engine maker Aerojet Rocketdyne after the US Federal Trade Commission sued to block the deal, claiming it would reduce competition and raise prices in the defense sector

Car manufacturers continue to struggle to meet demand as Ford Motors has halted customer orders for the Maverick that rolled out last year as the company is unable to meet the vehicles' current demand

Lamborghini has announced it is set to fully electrify its range, first with an all-plug-in-hybrid lineup, and then with the planned launch of a fourth model that will be a pure EV and that all fully gasoline-powered models will be phased out by 2025

The video game giant Activision Blizzard Inc. has fired more than 37 employees as well as issued discipline on 44 more employees over allegations of sexual harassment since July of 2021

Shelves in stores across the country are increasingly becoming noticeably empty, and many stores have been struggling to restock vital household and kitchen necessities like milk, bread, meat, and cleaning products quick enough to keep up with demand

The boss of luxury carmaker Rolls-Royce said Covid-19 deaths helped the brand sell a record number of vehicles last year as wealthy motorists splashed out after realizing “life can be short”

On Sunday AT&T and Verizon were asked by U.S. regulators to postpone the distribution of some of their 5G services out of fear that the technology may impact aviation travel. The U.S. telecoms’ chief executives John Stankey Hans Vestberg have spoken out against 5G stating that it may cause significant interference with aircraft technology that is critical for taking off and landing flights

Equities weren’t the only thing Americans were making irrational wild bets on. Online sports gambling saw record betting volume at an over 20-fold increase of 2,158% up from a monthly volume of $310 million in June 2018 to a monthly volume of $7 billion in October of this year with 84% of the volume happening on mobile devices

In June 2018, sports gamblers wagered $310 million for the month. In October 2021, they wagered $7 billion for the month — a more than 20-fold increase with 84% bet volume happening on mobile devices across platforms like Draft Kings, Barstool Sports Book, and FanDuel

In the great opera that are often financial crisis’s, the fuse and timer may take some time to burn out but as soon as the ignition point is hit the chain reaction happens quickly — inevitably resulting in explosion, it then becomes a matter of blast containment. "According to Evergrande’s 2014 earnings report, debt to equity ratio was 85.9% if perpetuals were classified as debt that debt to equity ratio becomes 292%."

After Hertz Global recovered from its bankruptcy filing last year, the company has stated it intends to buy back up to $2 billion of its stock

The street fashion world suffered a major blow after the news of Virgil Abloh's passing broke early on Sunday. He lost a private battle with an aggressive form of cardiac cancer at age 41. Known as the founder of the rising Off-White brand worth near $750 million on time of Abloh’s passing, Abloh had been leading the street fashion design world for the last decade

Nissan Motors is stepping up its game within the electric vehicle industry by investing $17.6 billion over the next five years in an attempt to add 20 new battery-powered vehicles to its fleet

Alternatives to Covid-19 vaccinations continue to gain traction as Regeneron Pharmaceuticals Inc. stated that its new monoclonal antibody drug can give significant protection for those who have not been vaccinated

Drugmaker Pfizer has been employing “high-level bullying” against at least two Latin American countries during negotiations to acquire vaccines according to a recent investigation, including requesting the nations put sovereign assets as collateral for payments and demanding that the company be protected from any lawsuits pertaining to negligence and demanding that countries put up sovereign assets as collateral

Hertz, the rental car company fresh out of Chapter 11 and under new management is charging ahead into the future. The company has announced that it will order 100,000 electric vehicles from Tesla by the end of 2022, a move aimed at transitioning more electric vehicles in its car-rental fleet

DoorDash is starting a dedicated alcohol delivery service, pushing full speed into into non-food categories as the battle for on-demand delivery heats up with Uber and Instacart

Toyota Motors has received some recent criticisms for being reluctant to release a plan for the upcoming electric vehicle shift in order to meet carbon emission requirements. The company responded by announcing it will be investing $13.6 billion into battery development and manufacturing over the course of the next decade

Hyundai Motor Group is calling hydrogen as a top energy solution for sustainability. With the launch of its new fuel cell system that it plans to launch within the next few years, the car manufacturer said it will provide hydrogen fuel cell varients for all its commercial vehicles by 2028

The Securities and Exchange Commission has opened an investigation into electric delivery-truck maker Ohio-based Workhorse Group, a company that was an early investor in plagued EV startup Lordstown Motors

Foot Locker has decided to expand after the COVID-19 pandemic brought shoppers out of stores and moved online. The company, which previously consisted of stores located in shopping malls, will be purchasing California-based WSS for $750 million and the Japanese company Atmos for $360 million in hopes to expand the company’s customer base as well as shopping mediums

OPEC abandoned its meeting without a deal, tipping the cartel into crisis and leaving the oil market facing tight supplies and rising prices. Brent crude jumped 1.3% to $77.12 a barrel as of 5:42 p.m. in London, the highest since 2018

The chip shortage strikes again as Ford Motors faced a significant drop in sales for June due to limited stock

Juul Labs has agreed to pay $40 million to the state of North Carolina to resolve a lawsuit alleging that the vaping startup targeted underage users. The lawsuit by the North Carolina attorney general was slated to go to trial this July, one of hundreds of similar cases brought against the e-cigarette company by state officials, school districts and young people. Those cases are still pending

Car manufacturer Porsche is going into the battery business. The company says it plans to open a new factory that will produce high-performance cells through a joint venture with lithium-ion battery developer Customcells

Ulrich Kranz has joined Apple, a former senior executive at BMW’s electric car division, to help lead its own vehicle efforts.The technology giant hired Kranz in recent weeks, about a month after he stepped down as chief executive officer of Canoo, a developer of self-driving electric vehicles. Before co-founding Canoo, Kranz was senior vice president of the group that developed the i3 and i8 cars at BMW, where he worked for 30 years

The job market throughout the United States is on fire, soaring to nearly a million job openings in April, which set a record for the highest overall number recorded in a single month since the Bureau of Labor Statistics started tracking this data in 2000 at 9.3 million new positions

The global chip shortage continues to hinder car manufacturers who are now being forced to shut down assembly lines as they do not have the chips required to continue production

As the COVID-19 pandemic comes to an end, consumers are already spending more in restaurants, hotels, and solons. As more consumers get vaccinated and businesses begin to reopen to full capacity economists are expecting a large surge in economic growth

The vote to determine whether Amazon workers in Birmingham, Alabama will form the first union at Amazon is set to begin, which is estimated to affect over 6,000 Amazon employees at the Bessemer warehouse and have broader implications nationwide. The results, however, might be delayed due to potential and likely legal challenges from whoever ends up losing the vote

Orders for U.S. goods recently fell in February, with many speculations that the decrease could be caused by colder weather in months for many regions of the United States. Nevertheless, manufacturing in the country remains strong as the economic recovery gains steam amid an improving public health situation and massive fiscal stimulus, with the AP reporting that U.S. manufacturing activity has reached its fastest pace since 1983

The equipment many farmers are now using is a lot different from the tractors we had once become accustomed to. Today’s modern tractors are fully equipped with software and technology that is designed to improve efficiency and increase yields. In order to repair these features, however, it requires digital tools—tools that your average farmer cannot buy and cost a fortune.

BMW Group and California utility Pacific Gas & Electric are rolling out a pilot program that aims to test and understand how EVs could support the integration of green energy on the power grid

03.15.21 - Toys R Us is under new management with a new owner. WHP Global announced recently that the firm has acquired a controlling interest in Toys R Us parent company, Tru Kids. The company also owns Babies R Us and Geoffrey the Giraffe brands

03.01.21 - Fiat Chrysler has pleaded guilty to charges that it conspired with company executives to make illegal, extravagant gifts to United Auto Workers Union leaders and undermined workers’ confidence in collective bargaining

02.22.21 - The New York Attorney General has filed a lawsuit against Amazon that claims that the online retailer has not done enough to adequately protect its workers from COVID-19. Amazon has returned fire to the NY AG claiming the state’s case doesn’t present an accurate picture of its pandemic response

02.22.21 - There has been a growing list of US grocery store chains and retailers offering incentives to employees who get the Covid-19 vaccine. Publix, the popular Southern supermarket chain, became the most recent store to do so, stating that it is offering its employees $125 gift cards when they sign up and show proof of their vaccination