Share a Coke with the IRS Coca Cola has earned a lot of headlines for their "Share a Coke with . . . " marketing campaign, printing bottles and cans with 1,000 of the most popular names in the country, along with nicknames like "Mom," "Dad," Soulmate," and "BFF." You can [...]
In The Headlines Chinese Oil Hoarding Eases the Impact of a Worldwide Glut Even after China’s slowing economy dragged crude to a six-year low, oil’s second-biggest consumer remains the main safeguard against a further price meltdown. While China’s surprise currency devaluation helped trigger Brent crude’s slump to about $42 a barrel [...]
In The Headlines Dairy Farmers Struggle in the Wake of a Global Milk Glut For dairy farmers in Britain, the U.S., New Zealand, Canada, Argentina, and countries worldwide, times are tough. Russia’s ban on European Union (EU) milk and the EU’s removal of production quotas have driven local prices down 20% [...]
In The Headlines Companies Prepare for the Opening of Iran The third-largest economy in the Middle East has a young, educated populace ready to spend. But U.S. businesses will face big hurdles in the country—if they can get there at all. The nuclear deal that the U.S. and Europe signed with [...]
Tales from the IRS Cadillac Taxes for Everyone! Employers have played a key role in financing their employees' healthcare since World War II, when they threw in tax-free benefits to attract talent in a time of wage controls. So it's no surprise that when Congress passed the Affordable Care Act, they [...]
In The Headlines Ulta’s Formula for Success in a Competitive Cosmetics Market A tight focus on cosmetics and fragrances has given beauty products retailer Ulta an edge over drugstores and department stores. Offer a broad assortment of beauty products, cosmetics, and fragrances across the price spectrum. Add low-pressure but high-touch customer [...]
In The Headlines J.C. Penney’s 3-Pronged Strategy for Survival Following J.C. Penney's brush with death during the past decade, the 113-year-old company's future boils down to a three-part turnaround strategy overseen by president and CEO-designee Marvin Ellison. The challenge that lies ahead for the chain of department stores cannot be overstated. [...]
In The Headlines Cord Cutting Becomes Serious for Big Media Media stocks recently took a battering when investors appeared to lose faith in entertainment companies as fears intensify about clients scaling back on traditional cable packages. Some industry watchers say the worst is yet to come, as big media's strategies for [...]
Tales from the IRS Red Card! Picture a greedy cabal of shameless officials lording over a famously corrupt international cartel. Add suitcases full of cash bribes, and multimillion-dollar payoffs coursing through a shadowy network of shell companies and offshore accounts. Throw in a loud, colorful "mole" celebrating a life of private [...]
In The Headlines Spurred by the Affordable Care Act, Large Health Insurers Pursue Mergers Anthem and Cigna are the latest big American health insurers to propose a blockbuster merger. They and their peers need to satisfy many regulators, though, before the deals are approved. Aetna has agreed to buy Humana for [...]
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