After nearly 30 years of selling goods on networks like QVC and HSN, inventor Joy Mangano is launching CleanBoss, a line of hand sanitizing products.
The launch comes as more U.S. cities implement COVID-19 guidelines with cases spiking nationwide. Mangano said the product has been in development for at least five years, but because of the pandemic, she reprioritized the CleanBoss line to get it to market.
This launch, unlike others, was done without a home-shopping platform - a process Mangano describes as “different and not different." She split from HSN in 2018.
While she doesn’t spend hundreds of hours a year selling goods on television anymore, Mangano is embracing social media and the leverage it provides to remain competitive.
“I reinvented myself after standing in front of America in one way for 30 years,” she said.
Despite a difficult time for the economy, Mangano said entrepreneurs can still find success by looking at long-term opportunities.
She also said the social media outlets available today offer "a very big value" for businesses.
“There are so many different ways and different platforms today for people, not just big business out there. The entrepreneur has more paths today than they’ve ever had historically in business and I think that that's a really good thing.”
Mangano’s remarkable life story became common knowledge when it got the big-screen treatment with the 2015 release of Joy, starring Jennifer Lawrence. Now the entrepreneur's story is set to be told on Broadway - once theaters are allowed to reopen.
“I'm very, very excited because it’s going to be such a wonderful story of inspiration and entertaining. The music’s phenomenal,” she said.
The former HSN all-star is also gearing up for a new network television show that is expected to roll out in 2021, she revealed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
