Tag Archives: News
A White House task force wants to tap into Elon Musk and other CEOs to tackle government’s problems. Will it work?
This week, President Donald Trump announced the new White House Office of American Innovation (OAI), which is tasked with using ideas from the business world to solve some of the most entrenched problems facing the federal government.Read More »
More than 20 brands, including Mercedes-Benz, BMW and GlaxoSmithKline, have pulled ads from Fox News’ The O’Reilly Factor after a New York Times investigation uncovered multiple settlements of sexual harassment suits against host Bill O’Reilly.Read More »
Brexit update: As the UK begins negotiations to leave the European Union, banks and manufacturers pack their bags
British Prime Minister Theresa May announced this week that she would initiate proceedings to exit the EU on March 29. The announcement comes as several London-based banks make plans to move thousands of jobs out of the UK.Read More »
Report: Amid promises of tax cuts, deregulation and infrastructure spending, CEOs’ confidence is growing
A new survey shows that CEOs’ projections for hiring, investments and sales growth over the next six months have jumped sharply under the Trump administration.Read More »
On March 2, federal agents working for the IRS’ criminal division, the U.S. attorney’s office of Central Illinois and two other agencies executed search warrants at Caterpillar’s office in Peoria, IL. The raid, during which computers and documents were seized, was part of an inquiry into the company’s offshore tax practices.Read More »
PwC’s relationship with the Oscars is at risk over a mix-up on live TV. What can the accounting firm do to mend fences?
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 »