Brendan Lindsay, founder and 90 percent owner of kitchen plastics company Sistema, said yes to Newell’s second offer to purchase his company for $660 million. In 2014 Lindsay turned down a similar offer because Newell would not commit to keeping the factory and its 700 jobs at home in New Zealand. This year, after visiting… Continue Reading
Some of America’s largest businesses are worried enough about global warming to send off an open letter to the president-elect, Donald Trump, urging him not to flee from the agreement signed in Paris to slow down climate change. The three-hundred companies include 72 which bring in more than $100 million in annual revenues. Among the… Continue Reading
Patrick Coveney took over the Irish food company Greencore in March 2008. At that time the company did not even earn one penny of revenue in the United States. The CEO saw his mandate as changing that, in a big way. Coveney got going right away with several strategic acquisitions, organic growth, while constantly speaking… Continue Reading
If Cyber Monday and Black Thursday are among your favorite days of the year, and you crave for more buying-at-a-discount action, then Single’s Day is for you! Scheduled for November 11 every year, it is the Chinese version of Cyber Monday, only bigger, much bigger. With the help of Alibaba, the Chinese version of Amazon,… Continue Reading
Even today, when most music is purchased and listened to digitally, there are still many people that take their music in hard copy, on an old-fashioned compact disc, or CD. These small metal discs, laser-etched with beautiful sounds for the customers’ listening pleasure, go for about $10 each. When created, and sold by legitimate companies,… Continue Reading
The National Center for Science and Engineering Statistics published a report stating that half of all the money spent on research and development in the US is spent in only five states. The report focuses on the R&D expenditures for 2013, the total of which was $255 billion. It showed that business R&D is more… Continue Reading
Whether an organization operates as a for-profit or non-profit, it can benefit from the services of Diversegy, a wholly-owned subsidiary of Genie Energy Ltd. Diversegy can help all types of companies, large small and everything in between, save money. Using their purchasing power and expertise, Diversegy can reduce operating expenses and bring added value to… Continue Reading
German supermarket chain Lidl is entering the US market. With about 10,000 stores in 26 countries throughout Europe, Lidl is planning to add up to 150 stores along the East Coast of the US by 2018. The chain’s headquarters in the US is in Arlington, Virginia, and its warehouses are now being built in Cecil… Continue Reading
The Wall Street Journal, citing and annual Congressional report on refugees, reported that the Obama administration is planning to increase the number of refugees entering the US next year by 30 percent. The new target figure of 110,000 was presented to Congress by Secretary of State John Kerry will commence on October 1 for the… Continue Reading
The US Census Bureau is expanding its usefulness into the world of start-ups, jobs and productivity with its first, to be annual, Survey of Entrepreneurs. The results were released last Thursday. One interesting piece of data: Out of a total of 5.4 million US companies with paid workers, 8.9 percent, or 481,981 of them were… Continue Reading