Business Briefs: College majors, Nike, SubwayPosted: Updated:
All college majors are not treated equally. Bankrate has a new report, looking at the most valuable college majors. Coming in at No. 1 is actuarial science, people who set premiums for insurance companies. They bring in on average more than $108,000. Zoology comes in at No. 2, following nuclear engineering and medical majors.
Controversy is good for business, at least for Nike. Edison Trends says the company's online sales have jumped 31 percent since releasing a new campaign featuring Colin Kaepernick. Nike’s stock took a small dip after the release, but has since recovered. Kaepernick continues to speak out about racial injustice, but remains without an NFL contract.
Say goodbye to the $5 footlong at Subway. In an interview with USA Today, the company’s CEO says each franchisee will be able to decide whether to offer the deal. The decision comes after many store owners complained of the slim-margins that came with the discounted sandwich. The deal rolled out a decade ago, at the peak of the economic recession and at a time when people were seeking out healthier food options.