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Taco Bell is hosting a 70-room pop-up hotel and resort called “The Bell” in Palm Springs. It will be open for 4 days in August at $169/night, but you’re out of luck if you want to book a room — reservations sold out 2 minutes after opening.
Taco Bell apparently sees itself as “already in the hospitality business” because of its Taco Bell Cantina restaurants, which serve alcohol. It plans to open 300+ locations in the next 4 years, and the hotel pop-up is reportedly an extension of that.
Deutsche Bank announced on Sunday that it will lay off 18,000 employees, and ultimately shrink its workforce to approximately 74,000 in the next 4 years. The restructuring aims to cut adjusted costs by 25%.
Applications have been flying in for our first-ever Digital Health 150 — a ranking of the most promising private digital health companies globally. (We’re still accepting applications and nominations until July 26.)