In answer to the question my colleague Nikki Sein posed, “Can things get worse for the cruise ship industry?” If Costa Cruises’ most recent debacle is any indication, the answer […]
European automaker Volkswagen AG has named Wolfgang Dürheimer the next chairman and CEO of Bentley Motors and president of Bugatti Automobiles. Dürheimer is no stranger to European sport and luxury cars, having held various management positions with BMW, Porsche, Volkswagen, and Audi since the late 1980s. He returns with unique experience, having spent some time behind the wheel of these well-known brands when he was chief executive for both Bentley and Bugatti through 2011.
April 21, 2014
As D&B Editor Michael McLellan describes it, Zoe’s Kitchen “combines a little Athens, Georgia, and a little Athens, Greece.” In an update last week, he discussed the fast-casual restaurant chain’s 2014 IPO that raised more than $85 million and how that money will be used to propel the company forward. Zoe’s Kitchen plans to use proceeds from its offering, in part, to fund new restaurants. It has 30 planned for 2014 and anticipates doubling its restaurant count (from some 110 today) by the end of 2017. Follow Michael on Twitter.
April 21, 2014
A recent survey of CFOs at midsize US manufacturing companies found that 65 percent are more optimistic than they were last year about their company’s financial prospects. More than 70 percent of CFOs reported planned capital expenditures in computer hardware and software, according to purchasing consortium Prime Advantage. Read more trends in our Manufacturing Sector industry report.
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