Zalando Might Be Opening Stores
If you’re a fan of the online fashion retailer Zalando, you may be able to shop with them in person soon. That’s because they are thinking about opening stores in…
800 Losing Job with Caterpillar Inc.
800 employees of Caterpillar Inc. are going to lose their jobs soon when the Aurora, Illinois plant closes. As Lisa Miller, the Caterpillar spokeswoman explained to Reuters, “Out of about…
Credit Card Wars
Credit card companies are facing off in a potential war to try to keep their customers – and to keep them happy. American Express Co. will be offering $200 a…
Change in Prices at Disney
Bad news for those of you who love going to Disney. Walt Disney Co. is raising the admission price for all of its theme parks by as much as $5…
Luxottica and Essilor Merging
In a fascinating move worth watching, Italy’s Luxottica and France’s Essilor have agreed to a merger deal worth 46 billion euro ($49 billion). This deal should create a powerhouse in…
Whipped Topic Crisis Looms As Holidays Approach
For many, this will be no laughing matter. The ready-made whipped cream that you’re used to getting on top of your hot chocolate or specialty coffee drink may not be…
Black Friday Didn’t Bring in More Green
While stores were certainly hoping for a major holiday shopping weekend, the National Retail Federation is reporting that shoppers spent, on average, 3.5% less than a year ago. The NRF…
San Francisco Soda Tax Passes
Voters in San Francisco, California have passed a tax on sugary beverages. The goal to target soda in order to stem the rise in obesity and diabetes has been gathering…
Amblin Partners & Alibaba Pictures Group Ltd. Joins Forces
In an interesting move towards partnership, Steven Spieldberg’s Amblin Partners is joining forces with Alibaba Pictures Group Ltd., the film studio section of Alibaba Group Holding Ltd. They plan to…
GlaxoSmithKline Selects New Chief Executive
GlaxoSmithKline has chosen Emma Walmsley, head of consumer healthcare, as its new chief executive. Both internal and external candidates were considered for the position. Walmsley first joined GlaxoSmithKline in 2010…