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Economics

Business
Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…

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by Joe Lombardi
Obituaries
Young New Canaan HS Grad Remembered As Talented Musician After Untimely Death Young New Canaan HS Grad Remembered As Talented Musician After Untimely Death
Young New Canaan HS Grad Remembered As Talented Musician After Untimely Death A freshman at a prestigious Massachusetts college who graduated from a Connecticut high school in 2023 is being remembered as a brilliant musician who always followed his curiosity into success.  The death of Fairfield County resident Toby Woods, a 2023 graduate of New Canaan High School who was a freshman at Williams College in the Berkshire County town of Williamstown, was announced by officials at both schools on Friday, Feb. 23.  Earlier Report - Young New Canaan HS Grad Dies: 'He Will Be Sorely Missed,' Superintendent Says In a letter to students, faculty, and staff, Wi…

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by Ben Crnic
News
Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase
Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase The “cocoa cartel” may be coming to cause the cost of chocolate to spike nationwide, according to reports. A new report from the Wall Street Journal found that two countries that control 60 percent of the worldwide cocoa supply - dubbed the “cocoa cartel” - may soon drive up the cost of chocolate products around the globe. The report states that the Ivory Coast and Ghana are teaming to charge hundreds of dollars more per metric ton of cocoa, which will be put in place later this year. The “cocoa cartel” is expected to charge approximately $400 extra per metric ton, a 16 percent increase. I…

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by Zak Failla
Lifestyle
Here's Where US Ranks Among World's Happiest Countries Here's Where US Ranks Among World's Happiest Countries
Here's Where US Ranks Among World's Happiest Countries A new list of the world’s happiest countries has yielded some surprising results. The United Nations Sustainable Development Solutions Network's 2019 World Happiness Report ranks each country using six different variables: income, freedom, trust, healthy life expectancy, social support and generosity. The top five happiest countries, according to the report, are Finland (No. 1), Denmark (No. 2), Norway (No. 3), Iceland (No. 4) and the Netherlands (No. 5). So, where does the United States fall on the list? At No. 19 — down one spot since last year and five spots since 2017. According…

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by Valerie Musson