Lyft Drivers set to receive IPO shares
As Lyft puts on its pink suit and gears up for its IPO debut, its got big plans to give “drivers who have logged at least 10,000 rides on the platform $1,000 that can be kept or used to buy the company’s IPO shares.” Also, any Lyft driver who has logged 20,000 rides would be eligible for $10,000 in cash or that equivalent amount of stock. The plan is designed to recognize the most significant drivers who have helped build the platform. Meanwhile, Uber and Lyft drivers in California “logged off the apps for 25 hours on March 25 to protest low pay
and a lack of transparency around how pay decisions are made.”
Shaq becomes the new face of Papa John’s Pizza
, in exchange for a board director seat and a three-year endorsement deal worth $8.25 million, paid half in cash and half in Papa John’s stock. Shaq will also invest in nine Papa John’s restaurants in Atlanta, at a 30/70 percentage split between Shaquille O'Neal and Papa John’s. The pizza company is working to fix both its image and its declining sales after its founder and CEO was kicked out of the company in 2018 after caught using a racial slur on a conference call.
California-grown avocados get recalled for Listeria
Avocado producer, Henry Avocados, are recalling its avocados after being discovered to contain listeria, an organism that can cause serious infections. If you’re at the store, you can identify the recalled products from the “Bravocado” sticker on the avocado, while its organic ones have “organic” and “California” stickers rather than Bravocado.
Tyson Foods is recalls Chicken Strips
about 69,000 pounds of its ready-to-eat chicken strips after two consumers complained of finding metal in their meals. The frozen strips being recalled were produced Nov. 30, 2018, and have “best buy” dates of Nov. 30, 2019, which includes frozen buffalo-style chicken strips and crispy chicken strips. This is the second major recall for Tyson this year. In January, the company recalled more than 36,000 pounds of chicken nuggets after consumers complained of the product containing rubber.