The recent resolution of the three-month-long dispute between CARREFOUR and PepsiCo sheds light on a new dimension of negotiations, reshaping the dynamics between retailers and suppliers. On Thursday (Apr 4), PepsiCo announced that they had reached an agreement with Carrefour, ...
Treasury Secretary Janet L. Yellen raised concerns with her Chinese counterpart regarding China’s increasing exports of low-cost electric vehicles and other green energy products, warning that they pose a threat to American jobs. She urged Beijing to reconsider its industrial ...
The collapse of The Body Shop’s UK arm in February revealed debts exceeding £276m owed to various creditors, including landlords, suppliers, tax authorities, and international divisions. As part of a rescue deal, the company appealed to landlords to reduce rent. ...
One of the nation’s prominent dollar store chains is undergoing significant downsizing due to financial challenges. Beginning on Friday, 99 Cents Only shops will close the vast majority of its hundreds of locations in a move towards complete liquidation. In ...
While D.C.’s downtown district continues to grapple with the aftermath of the pandemic, high-end retailers are experiencing a resurgence. Foot traffic downtown has reached 70 percent of pre-pandemic levels, and office occupancy stands at around 50 percent, indicating a gradual ...
For individuals in the market for a new home or seeking to refinance, the journey often involves collaborating with an independent mortgage broker such as Frank Hempel. “When you’re comparing rates online and see a range of options, we essentially ...
During its heyday in the early 2000s, Photobucket reigned as the premier image-hosting platform globally. Serving as the media backbone for once-popular platforms like Myspace and Friendster, it amassed 70 million users and held nearly half of the U.S. online ...
Despite an unfavorable regulatory environment stopping traditional acquisitions, tech giants are actively investing billions of dollars in emerging technologies. Amazon recently made its largest venture deal, a $2.75 billion investment in the artificial intelligence startup Anthropic. This move reflects the ...
Cisco Systems recently announced the AI-Enabled Information and Communication Technology (ICT) Workforce Consortium, a coalition comprised of eight industry leaders, including Microsoft, Intel, Accenture, Eightfold, Google, IBM, SAP, and Indeed. This initiative, prompted by the Talent for Growth Task Force ...
On Friday morning, a magnitude 4.8 earthquake shook the northeastern United States, extending from Boston down to Baltimore at 10:23 a.m. ET, as reported by the U.S. Geological Survey (USGS). Although no immediate reports of injuries or damage surfaced in ...