Ground beef processor AFA Foods filed Chapter 11 this week amid the ongoing controversy over “pink slime” – the unappealing nickname for “lean finely textured beef” (LFTB). Based in King [...]
PepsiCo cuts jobs but boosts spending on advertising
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February 9, 2012, 12:04 PM
0February 9, 2012, 12:04 PM
PepsiCo released its 2011 annual financial results today, and while sales were up, the news wasn’t all sugar-coated sweetness. The food and beverage company saw its overall revenue rise 15% [...]
Newell Rubbermaid shifts strategy with Polk as CEO
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January 4, 2012, 11:30 AM
0January 4, 2012, 11:30 AM
With the company’s chief executive transition, global consumer products maker Newell Rubbermaid is looking to build its portfolio of brands in 2012 after slogging through a years-long transformation. At the helm since late [...]
Big Pharma layoffs continue with Novartis cuts
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October 28, 2011, 10:12 AM
0October 28, 2011, 10:12 AM
Novartis stepped up to become the latest top drug company to announce layoffs this week. The move reinforces the common market belief that the pharmaceuticals industry will have to reshape itself [...]
Big banks to cut costs, slash jobs
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September 1, 2011, 3:09 PM
2September 1, 2011, 3:09 PM
Jobs are on the minds of many people this Labor Day. The holiday that traditionally marks the end of the summer also caps a long season of layoff announcements in [...]
Fate of Chadwick’s of Boston business in jeopardy
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July 19, 2011, 3:14 PM
69July 19, 2011, 3:14 PM
The parent company of 28-year-old catalog retailer Chadwick’s of Boston involuntarily filed for bankruptcy in June, leaving the fate of Chadwick’s and sister apparel brands Casual Living and metrostyle in jeopardy. Women’s Apparel Group, [...]
That’s all there is for NUMMI
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April 9, 2010, 3:15 PM
1April 9, 2010, 3:15 PM
The NUMMI factory closed last week. Not many people cared or noticed.
Oracle & Sun Micro, BFF; other tech giants are just Facebook friends now
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January 29, 2010, 3:06 PM
0January 29, 2010, 3:06 PM
Oracle and Sun Microsystems finally consummated their merger, after nine months of waiting. Will this tech giant be able to play nice with Cisco, Dell, Fujitsu, HP, IBM, Microsoft, NEC, and others?
Year-end look at the semiconductor industry
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December 31, 2009, 5:07 PM
0December 31, 2009, 5:07 PM
After the harsh conditions of 2009, the semiconductor industry is looking toward a quiet, steady year in 2010.
From the boardroom to the US Senate? Fiorina wades into the fray
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November 23, 2009, 3:31 PM
0November 23, 2009, 3:31 PM
Carly Fiorina’s faced down hostile shareholders and breast cancer. Can she make it in politics now?
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