Baby care: A subsidiary of Gonzales-based Crown Crafts is acquiring Sassy 14—a developmental toy, feeding and baby care line—in a deal valued at $6.5 million, according to a news release. Hamco Inc. is acquiring Michigan-based Sassy, an originator of developmental and sensory baby products. The deal will give Crown Craft approximately $11 million in net sales annually. Read more.
New rules: Twitter is enforcing stricter policies on violent and abusive content like hateful images or symbols—including those attached to user profiles. The social media platform will weigh hateful imagery in the same way it does graphic violence and adult content on its site. That means users may not use such imagery in live video or with profile and header images. Hateful symbols or images must be marked as sensitive media, Twitter says. The warning allows other users to decide whether to view the post.
A pay raise for Santa? If Santa Claus were to receive a yearly salary, his earnings would increase 2% this year to $149,434, according to the annual Santa Index from Insure.com, an online insurance library. The website annually examines all the roles Santa Claus plays throughout the year and assigns a value to each job based on the annual data from the Bureau of Labor Statistics. Santa’s career includes 15 jobs, says the website, like customer service representative and pilot. Despite the pay raise, St. Nick’s new salary misses the 3% growth forecast for this year. Read the full holiday analysis.
