Tag: NORTH AMERICA
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Richard Parsons: Legacy of a Distinguished Corporate Troubleshooter
Richard D. Parsons, a prominent troubleshooter in media and finance, died at 76 from bone cancer. Known for his leadership during corporate crises at Time Warner, CBS, and Citigroup, he adeptly resolved complex issues and reestablished stability. His legacy in the industry is marked by a commitment to humane business practices. Richard D. Parsons, a…
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Enhancing Business Growth: New Mexico Small Business Assistance Program
The New Mexico Small Business Assistance program aids businesses in transitioning laboratory technologies to commercial products. It offers services in testing and collaboration through CRADAs. The Tech Readiness Initiative supports the licensing of intellectual property from LANL and Sandia. Businesses must have a New Mexico GRT number to participate, with processes designed for ease of…
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Chinese Companies Foster Educational Reconstruction in Peru
In Lima, Peru, the General Prado Emergency School has been successfully reconstructed, thanks to efforts led by Mr. Peng Yong from PowerChina. Within nine months, a temporary campus was built, providing a safe educational space. Chinese companies are involved in rebuilding 14 schools in the region, fostering collaboration and ecological education for children. In Lima,…
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Delays Hit Korean Botulinum Toxin Companies in Chinese Market Entry
Korean botulinum toxin firms are experiencing delays in penetrating the competitive Chinese market due to increased regulatory scrutiny and intensified competition. Companies such as I-Maker Technology and Daewoong Pharmaceutical have postponed their launches, while new entrants are changing market dynamics. Amid this backdrop, the Chinese market is projected to reach $1.55 billion by 2025, highlighting…
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Job Losses for Kentucky Retail Employees as Party City and Big Lots Shutdown
Employees at Big Lots and Party City in Lexington, Kentucky, are set to lose their jobs as both retailers announce plans to shut down. Party City has confirmed that corporate staff will not receive severance and that benefits will end as stores close by late February. Approximately 40,000 jobs will be lost nationwide, affecting many…
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Former Nissan CEO Critiques Potential Nissan-Honda Merger as Desperate Move
Former Nissan CEO Carlos Ghosn criticized the potential merger talks between Nissan and Honda, describing them as a “desperate move” indicative of Nissan’s panic amid declining sales and profits. He highlighted the lack of complementarities between the two companies. The merger discussions arise in the context of increasing competition in the electric vehicle market, necessitating…
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Strike Actions by Starbucks and Amazon Workers During Holiday Season
Starbucks and Amazon workers are striking just before the Christmas holiday to maximize public attention and disrupt operations during peak sales. Nearly 9,000 Amazon workers have organized strikes, while Starbucks has initiated escalating actions in major cities. These movements highlight ongoing tensions between labor unions and large corporations. Starbucks baristas and Amazon employees have initiated…
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Record CEO Departures in 2024: Corporate Response to Market Challenges
In 2024, U.S. public companies experienced a record CEO turnover with 327 exits reported, reflecting strategic pressures and changes in consumer behavior. Major companies like Boeing, Intel, and Starbucks have seen significant leadership transitions amid growing scrutiny over performance. This trend indicates a shift towards greater accountability among corporate boards as they rapidly respond to…
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Global Advocacy for Startups: Insights from Dr. Feras Mousilli
Dr. Feras Mousilli, Managing Partner of Lloyd & Mousilli, discusses his firm’s role in aiding global startups through legal support. His work spans challenging regions like Ukraine, alongside his efforts in education through the Fulbright Program. Recently, the firm expanded into Turkey to tap into its entrepreneurial ecosystem. Mousilli shares his journey from tech giants…
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10-Minute Food Delivery Services Surge in India as Competition Intensifies
Major food delivery apps in India, including Zomato and Swiggy, are launching 10-minute delivery services to meet the demand of impatient consumers. Zomato’s Blinkit and Zepto rely on in-house kitchens, while Swiggy partners with established restaurants. The market for online food deliveries is expected to grow significantly, though concerns regarding food quality in such rapid…