As the global economy becomes increasingly interconnected, Chinese investment in American companies is expanding at an alarming rate. But what happens when iconic U.S. brands fall under foreign control? Here’s a deeper look into how Chinese ownership is quietly reshaping the landscape of American business, sparking concerns about influence and autonomy in the corporate world. […]
Business
Costco Food Courts to Limit Access to Certain Customers
Costco stores around the U.S. have been putting up signs announcing a new entry policy for their famous store food courts – and not all diners will be happy about the change. $1.50 Hot Dog Combo No More? Is it time to bite the bullet and finally become a Costco member? It might just be, […]
New McDonald’s Branch Beats Original: Triple the Visitors, Triple the Triumph
A McDonald’s spin-off restaurant called CosMc’s opened in one location to tap into a new market that McDonald’s has missed, and it drove three times more traffic than the original McDonald’s restaurant. CosMc’s Surges Ahead McDonald’s innovative CosMc’s spinoff, specializing in whacky drinks, is outpacing traditional Mickey D’s in attracting younger customers. A Beverage-Led Evolution […]
Tesla Cuts Prices in Wake of Recalls and Sales Decline
Recently, things have been looking tenuous for the world’s biggest electric vehicle company, with Tesla announcing price drops for several high-ticket products. A Troubled Week for Tesla EV giant Tesla has cut prices on three of its models in the middle of a very tumultuous time, which included the recall of thousands of Cybertrucks and […]
L.L. Bean Cuts Jobs and Call-Center Hours as Online Shopping Surges
Another US company, this time the iconic clothing brand L.L. Bean, has declared a round of lay-offs this month. L.L. Bean Layoffs Confirmed Classic American clothing brand L.L. Bean has confirmed incoming worker layoffs and reductions in call center hours, citing the upswing of online shopping as the main driver. Customer Contact on the Decline […]
United Airlines Loses $200M Over Boeing Safety Issues
Among ongoing safety and security issues, the world’s foremost aircraft manufacturer is causing concern for some of the biggest airlines in the U.S. Boeing In Trouble Again? It’s blow after blow for Boeing, as the multi-national aircraft manufacturer faces a slate of safety concerns, security issues, compensation payouts, and pending lawsuits this year. Now, they […]
10 States Leading the Charge on Environmental Sustainability and the 10 Lagging Behind
In the fight against climate change, some states stand out for their innovative and aggressive approaches to sustainability. These states are pioneering efforts to reduce carbon footprints, enhance renewable energy usage, and protect natural resources, setting a standard for environmental stewardship. 1. California California is a frontrunner in environmental regulations, boasting the highest number of […]
Top Football Club Owner in Hot Water: Could Serve 45-Year Term
British billionaire Joe Lewis has pleaded guilty to US courts for securities fraud and conspiracy to commit securities fraud, facing a potential 45-year prison sentence. What impact will this have on his US and UK businesses? Scandal Hits British Billionaire Joe Lewis Joe Lewis, the billionaire majority shareholder of Premier League football club Tottenham Hotspur, […]
Iconic American Companies with Hidden Chinese Ownership
As the global economy becomes increasingly interconnected, Chinese investment in American companies is expanding at an alarming rate. But what happens when iconic U.S. brands fall under foreign control? Here’s a deeper look into how Chinese ownership is quietly reshaping the landscape of American business, sparking concerns about influence and autonomy in the corporate world. […]
Disney CEO Bob Iger Holds Firm Against Activist Shareholder Pressure
Disney’s CEO, Bob Iger, beat activist investors who pushed for major changes within the media giant. The battle revealed how Disney did its best to navigate the changing media world while fighting to maintain its shareholder value and creative edge. The Boardroom Battle At Disney’s recent shareholder meeting, activist investors (led by Nelson Peltz of […]