Adidas recently revealed a 31% increase in yearly sales in North America, while its competitors have reported losses of up to 3%. According to Nike and Under Armour, the athletic market is becoming more difficult to navigate, but Adidas’ gains indicate that that isn’t the case. Mark King, head of Adidas North America, explained that… Continue Reading
It’s always important to stay up to date with environmental issues in the area in which you live. One of these issues is about landfills and how people are taking care of potentially threatening issues with them. In a recent opinion piece in the St. Louis Post-Dispatch, Missouri State Senator Bill Eigel wrote a thought-provoking… Continue Reading
As the transportation and auto industry evolves, many manufacturers are working to remain competitive. In a dramatic move, General Motors recently revealed its plans to shift into all-electric cars by 2023. Over the years they will launch at least 20 cars, both battery-electric and fuel-cell-electric vehicles. “General Motors believes the future is all electric,” said… Continue Reading
Lloyd’s of London partnered with risk-modeling firm Cyence to publish a report examining the potential economic losses which would be incurred from a major hack of a cloud service provider or a cyber-attack on computer operating systems which are used by business across the planet. The report estimated that a major, global cyber-attack could result… Continue Reading
American Express has moved to expand its reach by reducing small business fees by as much as 1%. The company hopes the change will double the number of small businesses that accept the card over the next two years. Until now, Amex payments have been known to be a more costly service than those of… Continue Reading
The new head of Nestle SA, Mark Schneider, is considering selling its US chocolate division due to sluggish sales and a move toward faster-growing businesses like health care and coffee. Schneider became the CEO of the Swiss-based corporation in 2016 after working for many years in pharmaceuticals and medical products. The US division is had… Continue Reading
Certain parts of the US are seeing a significant uptick in the number of pet dogs coming down with the flu. Although it is not contagious to people, or life-threatening to dogs, it is still a concern to pet owners in Arkansas, Florida and North and South Carolina, where the epidemic is at its worst.… Continue Reading
After three years as CEO at the Ford Motor Company, Mark Fields, age 56, will be leaving the company with a compensation package valued a $51.1 million. The pay-off will be in a combination of cash, stock awards, and pensions. During his tenure as CEO Fields made historic profits for the company. Now, however, the… Continue Reading
The premier business awards program in the United States announced its winners of the 15th annual prize. The Alexium International Group took a prize, which will be presented in New York in June. The CEO and executive director of Alexium, Nicholas Clark, was awarded the Silver Stevie Award for Executive of the Year in the… Continue Reading
Talk about multi-tasking. MIT’s Senseable City Lab, which tries to find ways to better understand modern cities, has a great new program called City Scanner. They are taking single-purpose garbage trucks and turning them into multi-tasking centers. There are currently five trucks in Cambridge, Massachusetts that are measuring many variables including air pollution, traffic status,… Continue Reading