Business
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a…
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Business
Business
Intuit Expands Its IDEAS Small Business Program Across Nine U.S. Cities
Intuit is expanding on its Invest, Develop, Empower, Accelerate and Scale program this year, in partnership with the National Urban…
Business
Japan’s MUFG targets US for securitisation business, plans to boost headcount
Mitsubishi UFJ Financial Group (MUFG) plans to expand its securitisation business globally, with a focus on North America, and will…
Business
The next generation of business leaders must be adaptable
When my marketing role evolved to include customer success and renewals, some naturally expressed confusion on why a CMO with established…
Culture
Australia’s Telstra to axe 550 roles in enterprise business overhaul
Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part of an ongoing…
Business
How leaders can future-proof their business
In the midst of economic volatility driven by inflation, tariffs, and global geopolitical tensions, how do businesses keep up without a…
Business
Corporate America soured on ‘business for good.’ Here’s how to reframe conscious capitalism
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
News
Reform MP James McMurdock loses whip over business allegations, party says
Reform MP James McMurdock has lost the whip over allegations against him related to business propriety, the party says. Chief whip Lee…
News
How will AI change the restaurant business?
Restaurant industry leaders are excited for artificial intelligence to make the business better. But many feel unprepared to handle its…
Business
Addvalue Technologies bags new orders worth US$1.46 million for advanced digital radio-related business
They are for the supply of the company’s proprietary highly compact software defined radio modules to customers in the defence technology…
Business
Intel’s new CEO explores big shift in chip manufacturing business
Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two sources familiar…
Fashion
It’s Bigger Than Resale: How a Los Angeles Sneaker Store Is Building Its Business — and Community
Ever since the 2010s boom of the secondary sneaker and streetwear markets, the word “reseller” has had negative connotations. People…
Culture
AI is controversial in Hollywood. For China's film business, it's no holds barred
Hollywood’s relationship with artificial intelligence is fraught, as studios balance the need to cut costs with growing concerns from…
Business
Traditional business planning doesn’t cut it anymore. Here’s what leaders should embrace instead
In 2019, a midsized company used a familiar tool: the classic 2×2 scenario matrix. They mapped two axes of uncertainty: economic stability…
Business
Nike Stock Soars 15% One Day After CEO Says He Expects Business to Improve – ‘It’s Time to Turn the Page’
Nike Inc.’s stock soared 15 percent and closed at $72.04 per share on Friday, one day after president and chief executive officer Elliott…
Business
UTA CEO David Kramer on Diversifying the Agency Business Amid Tumult in Hollywood: ‘The Playground Has Expanded in So Many Ways’
David Kramer has taken the reins of United Talent Agency at a fraught time of consolidation and contraction for Hollywood’s core business…
Business
Rite Aid’s Thrifty ice cream brand gets sold to a business entity linked to Monster Energy executives
Rite Aid has selected a successful bidder for its Thrifty Payless subsidiary, which includes the beloved Thrifty ice cream brand,…
Culture
German Media Giant RTL to Buy Sky Deutschland in Deal That Will Create Business With 11.5 Million Subscribers
German media giant RTL Group has signed an agreement to buy Comcast-owned pay-TV platform Sky Deutschland. The deal brings together two…
Culture
Introducing ‘By Design,’ our new podcast about design and business
Who says the world needs another podcast? We do. By Designis your new home for design news and criticism, plus in-depth interviews with…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
The manager of Stoneweg European Business Trust (Sert) announced on Tuesday (Jun 24) that the stapled trust has made a 50 million euros…
Lifestyle
Nicky Hilton Rothschild Is Breaking Into the Jewelry Business
Nicky Hilton Rothschild is getting into jewelry — and for her, it’s personal. The multihyphenate is launching Theo Grace, a customizable…
Culture
Most U.S. Exhibition Execs Think Traditional Moviegoing Has Less Than 20 Years as ‘Viable Business Model,’ According to New Survey
More than 50% of exhibition executives polled in a new survey believe that the “traditional cinema experience” has less than 20 years…
Culture
‘Borat’ Director Stopped Talking to Sacha Baron Cohen After He Started ‘Surrounding Himself’ With ‘Show Business People’ and ‘Pulling Away’ From Subversive Humor: ‘He Wanted to Be More of a Traditional Movie Star’
“Borat” director Larry Charles has lost touch with his once-frequent collaborator, Sacha Baron Cohen. In a recent interview with the Daily…
Business
How Pop Mart’s Labubu became a monster of a business
LABUBU is a little doll in fleecy, bunny-eared onesies whose coffee-bean eyes hover above a serrated row of smiling teeth. Ostensibly an…