An embarrassing envelope mix-up at this year’s Oscars ceremony has suddenly thrust PwC, normally a low-key participant in the awards, into the spotlight. What are the consequences of the accounting firm’s misstep, and how can it curtail the resulting damage to its reputation?Read More »
On Feb. 19, Kraft Heinz announced it was withdrawing its $143 billion bid for fellow consumer-brand conglomerate Unilever, just two days after that bid first became public knowledge. The deal collapsed due to uncompromising opposition from Unilever, which declined even the prospect of discussions. What was behind that opposition, and what’s next for the two companies?Read More »
The aftermath of the hyper-partisan 2016 election has resulted in a highly charged environment where threats of a consumer boycott are never far away. Most recently, such threats prompted Under Armour CEO Kevin Plank to back-pedal on favorable comments he made about President Donald Trump.Read More »
President Donald Trump signed two orders Feb. 3 that pave the way for rolling back the Dodd-Frank Wall Street Reform and Consumer Protection Act and the so-called fiduciary rule, a regulation that governs investment advice. How likely is a repeal of either, and how would it impact businesses?Read More »
The CEOs of Goldman Sachs, Starbucks, Facebook, Google and a number of other high-profile companies have spoken out against President Donald Trump’s recent executive order, citing moral objections, but also the fact that the order’s travel restrictions could have adverse effects on their businesses.Read More »
President Trump summoned some of the country’s best-known CEOs to the White House. Here’s what they talked about.
In his first full week as president, Donald Trump held two summits with top CEOs to discuss how his administration would make it easier to do business. However, the new president’s penchant for negative tweets directed at individual companies added a more complex dynamic to the meetings.Read More »
After operating for nearly a century and a half, Ringling Bros. and Barnum & Bailey Circus is shutting down. Arguably, the venerable entertainer’s demise was precipitated by the emergence of more conscious consumers.Read More »
Yahoo wants to rename itself Altababa. Here’s a look at some other unusual corporate renaming choices.
This week, Yahoo announced that following the sale of its core business to Verizon Communications, its remaining assets would be combined under a holding company named “Altababa.” The decision prompted chuckles across the internet, but it’s hardly the first time a corporation has embarked on a widely mocked rebrand.Read More »
In 2017, several countries and at least one company are poised to embark on a major social experiment: What if people were simply handed a certain amount of money each year, no strings attached?Read More »
President-elect Donald Trump has nominated Exxon CEO Rex Tillerson as his secretary of state. What does Tillerson’s record at Exxon tell us about his leadership abilities and priorities?Read More »