business

Nestle’s KitKat signs Formula 1 deal as CEO Freixe seeks broader appeal

Nestle's KitKat brand has signed a global sponsorship deal with Formula 1 as new Chief Executive Laurent Freixe seeks to change the way the world's biggest food company markets its core, multi-billion-dollar brands. A senior...

Jeff Bezos, Mark Zuckerberg and other business leaders congratulate Trump

Business leaders were swift to offer their congratulations to Donald Trumpon his election victory, less than four years after they criticized him for his role in the January 6 insurrection. Some of tech’s business leaders,...

Former WWE CEO Vince McMahon once rejected buying UFC for a surprising reason

Former WWE boss, Vince McMahon, revealed he rejected the chance to buy the UFC for dirt cheap in the early 2000s because it was too much risk for his preferred business model, just years...

Chanel buys 25% stake in niche Swiss watchmaker MB&F

Chanel has bought a 25% stake in high-end Swiss watchmaker MB&F, known for its quirky watch designs, the French luxury house said on Thursday, adding it was part of strategy to increase its presence...

This is how CEOs can embrace the Olympic spirit

Just like the Olympic Games, CEOs have a responsibility to leave a legacy by the way they receive, carry and pass the torch onto the next generations. The Olympic flame, a symbol of continuity between...

Luxury Brands Slash Prices to Entice Middle-Income Buyers

As The Wall Street Journal (WSJ) reported Sunday, this move — by companies such as Burberry and Yves Saint Laurent — is aimed at enticing the 330 million people who spend less than $2,180...

9 Career Actions To Take Before Summer Ends

Summer often brings a slower pace, providing a much-needed opportunity to recharge, and that’s important. Although it won’t be long before summer is in the rearview mirror, there’s still time to focus a little...

Armani and Dior probed in Italy following worker exploitation claims

Italy’s competition authority is investigating whether Armani and Dior have misled consumers about their production processes, following reports that local companies in their supply chains pay workers too little and force them to work...

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