Home / Business (page 20)

Business

Philadelphia soda sale drops after taxing sweet drinks

Sodium sales fell 38% in Philadelphia after the city introduced a tax on sugar-coated beverages. Drinking sales within Philly fell as they rose just outside their borders, researchers found. The tax introduced in 2017 helps generate funds for the precursor garten and improvements of city parks and libraries. Sales of soft drinks and other sweetened beverages killed nearly 40% in …

Read More »

Impossible Foods, Beyond Meat and the growth of the meatless meat market

Meatless meat is just like the real thing, and investors are salivating over what some predict could become a $ 35 billion alternative meat market. After a successful test run in Burger King, Impossible Foods is going nationwide at the fast food giant later this year with its meatless Whopper. Competitor Beyond Meat had the most successful IPO so far …

Read More »

Kohl investigates the acquisition of At Home Group

Customers leave a Kohls store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images U.S. department store operator Kohls has contacted At Home to express interest in acquiring the American home furnishing chain. People who know the thing have said Wednesday. An agreement would help Kohl expand its customer base, which focuses …

Read More »

Cisco Earnings Edge Through Estimates While Revenue Outlook Tops Expectations

Cisco Systems (CSCO) revenue and revenue for its quarterly tax calculations. The Cisco earnings news sent shares in the giant data network giant into extended trading late Wednesday. X The company's fiscal fourth-quarter earnings management followed expectations while revenues exceeded Wall Street goals. Cisco's adjusted result was 78 cents per share, an increase of 18% over a year ago, with …

Read More »

Disney Studios Undergoes New Round of Staff Cuts

BUSINESS 11:50 AM PDT 5/15/2019 village Paul Bond Jobs will be lost at both the Disney and Fox studios. Disney was laying studio on Wednesday as the company seeks to conserve money after its $ 71.3 billion in part with 21st Century Fox. Disney had no comment on the move, though a person familiar with the situation will be at …

Read More »

Warren bashes OCCs Otting over Wells Fargo CEO's search

Democratic Massachusetts since Elizabeth Warren collapsed with the office of head of the currency chief Joseph Otting on Capitol Hill on Wednesday and said that the agency "blew it" in the evaluation of Wells Fargo CEO candidates in the past – as the search for a replacement "No one has been … harder at Wells Fargo than myself," says Comptroller …

Read More »

Amazon shades Walmart delivery message in snarky tweet

Walmart launches free delivery service the next day Layfield report CEO John Layfield, former financial adviser to Obama, Robert Wolf, Trump 2020 advisory board member Marc Lotter and former investment banks Carol Roth discuss the Walmart delivery service the next day and whether Amazon should be nervous. The naval war between Amazon and Walmart becomes personal. Jeff Bezos e-commerce company …

Read More »

Macy's CEO says tariffs on clothes, shoes would hurt buyers

Macy's CEO Jeff Gennette says an increase of 25% to $ 300 billion in Chinese goods still considered by the White House, which would affect clothing and footwear, would probably trickle down and beat consumers. "When you do math, it's hard to find a way through what would not affect the customers," he says. "It will affect many clothes and …

Read More »