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Cotton is a natural fiber, but its production has involved so much pesticide and water use that it is considered one of the world's dirtiest crops. Retailers, garment makers, and farmers have formed the Better Cotton Initiative to develop more sustainable produced cotton. "Better Cotton" may not meet the environmental standards of organic cotton, however it balances sustainability with a cost and is gaining a growing market share.
China's domestic smartphone makers are gaining worldwide market share. While the growth of Apple and Samsung in worldwide markets has slowed, Vivo, Oppo, TCL and Xiaomi are all growing. These companies are not just counting on growing sales in China, however, but also have their sites set on India and other growing markets.
The British exit from the European Union (“Brexit”) is causing a sharp increase in the demand for legal and consulting advice. There is still great confusion as to what Brexit means.
GST, or goods and services taxes, are being implemented world-wide as a replacement to traditional income taxes. India's new tax joins the chorus of countries making the big switch. But what does it mean to aspiring tax students?
A growing number of retailers look to strengthen ties with customers by combining convenient payment and rewards. Mobile wallets are the new loyalty program.
A program under development by U.S. Citizenship and Immigration Services may offer a reprieve for foreign-born startup founders and their employees. It’s not a startup visa, but it’s close.
The European Union has put the brakes on a number of U.S.-based technology companies this year. Apple has been informed that it owes over $14 billion to the Irish government due to a sweetheart tax deal, and other governments are also looking into whether this tax deal meant that the company did not pay appropriate taxes in their countries. Google has also faced a number of inquiries into its business model, with different countries having slightly different regulations that limit the services it can offer.
While the U.S. investment market appears to have found a little stability in level, the uncertainty about the quality of the entrepreneurial endeavors has brought a new level of risk expectations into the market and this makes the probability of a downturn amp up. It is noteworthy that there are huge caches of cash that have been raised to fund new ventures, however, the risk profile of these investments appear to contain potential for loss context.
Retailers have good reason to try new ways of consumer engagement. The No. 1 gift this holiday season won’t be an object but experiences.
The consumer market continues to focus on millennials. Spirits makers get the point.
There's more virtual reality to come. Will apps become cooler now?
Halloween is the second biggest holiday in the United States, but for this costume maker, it’s spooky to think what its business would be like otherwise. While some Halloween costumes will never change, change in costume demands is what Rubie’s is best at in making its business thrive.
Federal Reserve chair Janet Yellen may have just shattered the complacency among investors in long-term Treasury bonds. Yields on thirty-year Treasuries jumped the most in the past two weeks since 2015. Many analysts expect the Fed to let the market overheat a little to generate jobs and encourage inflation to accelerate.
Ukraine’s black earth could make the country a world leader in agriculture, but the country still suffers for a lack of finance and infrastructure. If Ukraine could settle its conflict with Russia over Crimea, foreign investors would have more confidence investing in the country.
Anne French, president of Dear North, a collaborative effort between Huna Totem (a Native Alaskan-owned company focused on tourism) and Ammunition (a company known for designing Beats, the popular headphones), dreamed of exporting consumer products that captured the Alaskan allure. The company has begun producing first product: salmon jerky. It aims to sell to the Lower 48 states, be in 700 outlets by the end of the year, and earn $1 million in its first year.
Workaholic Americans accumulate hundreds of hours of unused leave. Recognizing this issue, a startup company hopes to redefine the vacation-leave benefit. PTO Exchange is building a business that provides innovative options for unlocking the value of employees’ unused vacation time.
Congress recently overrode a presidential veto to pass the Justice Against Sponsors of Terrorism Act (Jasta), which had been pushed by the 9,000 families and survivors of the 9/11 terrorist attack. However, the current version of Jasta weakens its force.
Jack Dorsey has been working for the past year to restart growth at Twitter without success. Against his wishes, the board is now looking at being acquired as the share price declines. Investors are hoping for a turnaround.
Companies increasingly find that employees are not taking all of their paid vacation time, resulting in a budding liability on the corporate books. Now, a startup company has a novel idea that may be a win-win solution, enabling employees to trade time off for vacation travel packages. This novel idea could result in cost savings, improved balance sheets, and a little rest and relaxation for employees.
After ceding China, Uber, the ride-hailing giant, plans to double its presence in Latin America by the end of 2017. As long as Uber’s competitors there try to make money on each ride, the region will remain far more affordable for Uber than India or China.
Sororities are a lucrative market for a fashion brand. It’s a natural human thing to want to belong. Win the sorority girl, win the American wardrobe. Companies such as Kendra Scott, Lilly Pulitzer, and upstarts like Southern Tide see half a million potential in customers ready to spend.
Young adults educated in the United States are returning home to Colombia and Peru to start their own business. Some families are disappointed.
America seems to have an endless appetite for snack foods. Will a $12 bag of salmon bites make the grade?
A good climate and great soil has contributed to the success of Ukrainian farmers in the global food market. Current projections suggest that Ukraine will rise to third place in world agricultural production, following United States and Brazil. But outdated technology and uncertain land use regulations are holding back some of the capital investment required to expand agricultural production in Ukraine.
Fragrance makers are adjusting to the tastes of younger buyers, who are less loyal but more willing to pay for premium brands. They are interested in artisanal perfumes that smell like a smoky fireplace or lipstick, for example.
BT Group is opting out of fiber optics. The company sees copper in its future.