Following the tragic Florida school shooting, calls against companies that have businesses linked to the US gun lobby to be boycotted have been given in the country even as relationship with the National Rifle Association have been cut by an… Read More ›
Day: February 26, 2018
JPMorgan Survey Concludes Shortage Of Skilled Labor To Restrict U.S. Business From Growth In 2018
While there is a sense of hope for American business owners following partly due to the regulatory reforms done recently, a reduction in corporate tax and an economy that is steadily getting better, there are also concerns about the availability… Read More ›
AB Volvo drops Geely-linked Hakan Samuelsson from its board of directors
The move is not as simple as it seems – the Chinese company appears to have preempted the move and has taken strategic steps of its own. Following China’s Geely’s claiming a 10% stake in Daimler, AB Volvo, a Truckmaker… Read More ›
Fiat Chrysler to eliminate diesel passenger cars from across its brands
Fiat Chrysler is set to announce its intention vis-a-vis its diesel passenger vehicles on June 1, 2018. On Monday, the Financial Times reported, citing sources familiar with the carmaker’s strategy, Fiat Chrysler plans on eliminating diesel from all its passenger… Read More ›
Boeing prepares to fight Bombardier’s CSeries aircrafts through a joint venture with Brazilian aircraft maker Embraer
While Airbus has sided with Bombardier, in the Canadian aircraft maker’s dispute with Boeing, through this proposed joint venture with Embraer, Boeing aims at becoming the leader in the 70-seat to 130-seat regional jet market. Brazilian newspaper O Globo reported,… Read More ›
Rising cost of transportation pulling up food inflation in the U.S.
For consumers who have enjoyed low to negative food inflation over the years, the jump in food prices is likely to be a shocker. In the push for cost cut led higher margins, U.S. trucking companies and railroad operators are… Read More ›