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Companies' New Cause: Dodging the Culture Wars

Executives are rethinking if and when to weigh in on potentially divisive issues, fearing backlash from all sides, and developing crisis plans in case things go wrong. Executives are rethinking if and when to weigh in on potentially divisive issues, fearing backlash from all sides, and developing crisis plans in case things go wrong. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

Companies Unveil Details About Supply-Chain Financing Under New Rule

ShareListen(3 min) ShareListen(3 min) FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

America's Snacking Binge Shows No Sign of Slowing

U.S. consumers are gorging on snacks, fueling boom times for cookie and candy giants while other packaged-food companies vie for bigger shares of the snack aisle. U.S. consumers are gorging on snacks, fueling boom times for cookie and candy giants while other packaged-food companies vie for bigger shares of the snack aisle. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Stanley Black & Decker to Close Texas, South Carolina Plants

​ Stanley Black & Decker Inc. SWK 1.22% said it is closing factories in Texas and South Carolina, relocating some operations to Tennessee facilities as the company revamps its manufacturing and distribution network.The Connecticut-based tool maker said the moves would affect the jobs of 357 employees. Eighty jobs will be added in Tennessee, the company said.  “These actions are aligned to the transformation strategy designed to deliver $2 billion of cost savings and…

Wood-Fired Hot Tubs: A Blissful (If Demanding) Route to Relaxation

A WOOD-FIRED hot tub is not for everyone. I know because six months ago I purchased one from a Canadian company called Goodland, based in Bowen Island, British Columbia. It’s a handsome object, this rectangular aluminum hull paneled in western red cedar, with its slim stove and tall chimney at one end. It’s also a lot of work. Every time I want a bath, I must haul the necessary wood and split it myself, then coddle a fire for a couple of hours just to bring the water up to temperature. And since I don’t treat the water…

Stanley Black & Decker Names Fortune Brands Executive as CFO

Stanley Black & Decker Inc. appointed the chief financial officer of Fortune Brands Innovations Inc. to lead its finances as the tool maker works on substantial cost cuts. The New Britain, Conn.-based company on Monday said Patrick Hallinan will become CFO, effective April 6. Mr. Hallinan will join Stanley Black & Decker after a 17-year career at home- and security-products maker Fortune Brands.  Fortune Brands, meanwhile,…

Fintech Stocks Did Worse Than Fin or Tech in 2022

The banks of the future are having a rough present. Financial-tech companies, long hyped for their vision of bringing Silicon Valley-style innovation to the businesses of lending, investing and payments, underperformed both financial stocks and tech stocks more broadly in 2022. A vulnerability to higher interest rates, the disappearance of many pandemic-era catalysts and a more general reckoning for companies that followed growth-at-all-costs playbooks contributed to many fintech firms’…

Qatar Airways Says Airbus Exerted Influence Over Regulator in Paint Dispute

LONDON–Qatar Airways Ltd. has accused Airbus EADSY 0.48% SE of being too close to its safety regulator in a multibillion-dollar legal dispute over paint chipping on the body and wings of one of its flagship aircraft.The airline made the accusation Friday in a statement to a London court as part of a case in which it claims that surface-paint issues on its fleet of A350s present a safety risk. Qatar Airways has grounded 29 aircraft over the issue, reducing its capacity as…

Higher Menu Prices Lift McDonald’s U.S. Sales but Consumer Outlook Uncertain

McDonald’s MCD 1.70% Corp. said higher prices and value menu offerings helped U.S. sales in the second quarter, but total revenue fell and the outlook remains uncertain amid inflation and weakening consumer sentiment. “The operating environment across the competitive landscape remains challenging,” Chief Executive Chris Kempczinski said. Mr. Kempczinski said Tuesday that McDonald’s is planning for a wider range of scenarios given weakening…