Microsoft has reported a significant increase in profits last quarter a s a result of its expanding cloud business. In fact, Microsoft shares have doubled, reaching 19% this year alone with a 1% increase in after-hours trading last week as well. Microsoft’s profits reached $6.5 billion in the fourth quarter, up from $3.1 billion last… Continue Reading
Business is all about pleasing customers and making money, and small-town cookie shop RoRo’s Cookies is doing just that. This business, owned by Mom Rose Gebran, comes with a special twist though: all proceeds go to charity. 7KTBV reports: Continue Reading
The Harlem Children’s Zone is a non-profit organization worth knowing about. They offer free support to families living within a 97 block of Harlem. They offer parenting workshops, a pre-school program, three charter schools, a health program and much more. As they describe it, they are “aimed at doing nothing less than breaking the cycle… Continue Reading
As consumers begin to move away from prepared and processed foods and towards fresher, more wholesome ingredients, giant companies like General Mills and ConArgra Brands have had to make changes to keep market share. General Mills has been steadily removing synthetic dyes from their breakfast cereals such as Trix for years, and are finally seeing… 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
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
Beginning on July 1 Amazon.com, Inc will drastically reduce the fees it charges merchants to sell items such as screen protectors, USB cables, and other small flat products that can easily fit into an envelope. This move is a direct competitive threat to giant companies it competes with like eBay, Alibaba Group Holding Ltd, and… Continue Reading
As Hewlett Packard Enterprise continues to re-structure its operations to state competitive in the world of high-tech, it has decided to sell off its business services division to its competitor Computer Sciences Corp. HP Enterprise will earn about $8.5 billion for its shareholders from the deal. The unloading of the business division will allow HP… Continue Reading
Beginning in January 2016 Pinterest will allow any US company to purchase its “promoted pins” advertising product. This is one more in a series of steps to monetize the company and make it profitable. Pinterest is one of the tech world’s fastest rising stars, designated as a ‘unicorn’ it is hoped that it can build… Continue Reading