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Walmart hired Lockheed Martin to monitor activities, including social media, of an employee organization seeking higher wages, more full-time jobs, and predictable schedules. The union-backed group, OUR Walmart, threatened a Black Friday walk-out.
Masayoshi Son, Chief Executive Officer of SoftBank, hired Nikesh Arora from Google to help the company invest $3 billion per year in promising startups with high end potential. Unlike most pools like this, they are not using a shotgun approach with the money, rather they are going to focus huge amounts of cash on around 10 startups. This Bloomberg Businessweek article gives personal insight into Arora and his frame of mind as well as his philosophies on risk.
Confectioners are entering the $51 billion dietary supplement market with flavanols, antioxidants extracted from cocoa beans. The sales of heart-health supplements have grown twice as fast as those of dark chocolate.
SoftBank President Nikesh Arora plans to invest hundreds of millions of dollars a year in no more than 10 startups. After getting most of its profits from a relatively steady telecommunications business in Japan, the change at SoftBank has been dramatic, even for a company with a history of seismic strategic shifts.
Some countries are trying to decrease electoral fraud. A new software company, Scytl can be used for online voting and tallying and claims it can help stop electoral fraud.
To understand the logic behind the merger of Allergan and Pfizer, the relative corporate tax rates of the U.S. and Ireland make it simple--35 percent and 12.5 percent, respectively. As a U.S.-based company, Pfizer's worldwide profits were taxed at 35 percent. In what is referred to as a tax inversion, Ireland-based Allergan technically purchased the much bigger Pfizer.
For some companies, 2016 is shaping up to be a momentous year. Bloomberg analysts identified 50 companies that face unusual challenges or have standout products or technologies that make them worth watching in 2016.
In the current U.S. Supreme Court case of Friedrichs v. California Teachers Association (CTA), the plaintiff is challenging a prior Court ruling allowing public-sector unions to charge fees to nonmembers. About half of union labor is with public-sector employees.
Brands are using a variety of labels to appeal to customers’ interests in wholesome foods. By labeling food products as "natural" or "authentic," companies may be responding to customer demands, but it is unclear what these claims mean. Loose regulations allow companies to label many food products in ways that are potentially misleading.
Internet video economics will increasingly favor original, higher-value productions. Call it the "Netflix effect."
Microsoft has made a push to engender fuzzier feelings -- and it's working. Since 2013, Microsoft has risen from seventh place to third in WPP's annual consumer survey on brands, now ranking just behind Apple and Google.
Original content has become a key success factor for video streaming services that want to compete with Netflix and Amazon. The revenue generated by subscription and rental fees is fueling higher-quality productions than the ad model.
By giving much of his estate away before death, John Walton avoided billions in estate taxes and left more for his heirs to inherit. How did he manage to do it?
As consumers demand food that is less processed and more natural, food companies race to revamp their products and tout them on the label as being "natural" and "authentic." Are these claims legitimate or just a marketing ploy to increase sales?
As companies reformulate products and label them to evoke a sense of natural authenticity, terms such as “local,” “humanely raised,” and “authentic” are largely left to the interpretation of food marketers. The conclusion is that consumers are left to figure it out for themselves. But do we know what we are eating?
Renewable energy innovators throughout Europe and the U.S. used to be able to count on significant public investments from their governments. But now the U.S. is following some European countries by cutting back on tax credits for wind and solar.
Digital video continues to be a growing market. Some are calling the phenomenon the "Netflix effect."
China has been Apple's manufacturing base and sales growth engine for the past several years. Although growth in Chinese sales of all smartphones is slowing, Apple has seen its third-quarter sales double from 2014 to 2015. While such a high growth rate may not be sustainable, Apple will continue to view the Chinese market as an increasingly important source of revenue.