• As Hostess Brands moved forward with bankruptcy plans, some of their most famous snacks will live on. Twinkies as well as other famous brands, including Ho Hos, Sno Balls, Ring Dings and Wonder Bread will be auctioned off to other companies so they can continue to be produced, according to the New York Times.
• Black Friday sales were lower than expected because many stores chose to open on Thanksgiving Day rather than waiting until the following day. Sales on Thanksgiving rose 21 percent, according to the New York Times.
• Online sales on Black Friday topped $1 billion for the first time in history according to CNBC News.
• Zipcar’s stock soared after analysts from Goldman Sachs upgraded the company to a “buy” because of little alternatives for short-term car rentals and the broadening of the company’s geographic reach, according to Barron’s Magazine.
• Oprah Winfrey’s products, especially her magazine, have seen trouble since her daily talk show ended 18 months ago. Winfrey doesn’t have the ability to steer consumers with her show as she had in the past, according to the New York Times.
• Krispy Kreme Doughnuts reported increased profits this past quarter. The increase is due to larger amounts of traffic in shops without any price changes, according to Barron’s Magazine.
• Last week the Christie administration concluded the odd-even rationing of gasoline. The end serves as another step in the state’s return to normalcy, according to the Office of the Governor.
• The College’s School of Business will host “Dining Out In Professional Style” on Wednesday, Nov. 28 from 12-3 p.m. The event is an opportunity for students to practice eating out in a business setting and learn tips on how to impress employers or coworkers during a meal.
