A man walks past a logo of Alphabet Inc’s Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to reuters.com Register Dec 2 (Reuters) – Alphabet Inc’s (GOOGL.O) Google is delaying its return-to-office plan in Europe, the Middle East and Africa on concerns over the Omicron variant of the coronavirus, Business Insider reported on Thursday, citing a company memo. Google had previously extended its voluntary… Source link
Read More »Abortion could become a business nightmare in 2022
Supreme Court Police officers guard a barrier between anti-abortion and pro-abortion rights protesters outside the court building, ahead of arguments in the Mississippi abortion rights case Dobbs v. Jackson Women’s Health, in Washington, U.S., December 1, 2021. REUTERS/Jonathan Ernst The Supreme Court seems poised to trigger a political earthquake next year, with a ruling that could restrict or overturn nationwide abortion rights enshrined in the 1973 Roe v. Wade decision. If that happens, as… Source link
Read More »Why former Dunkin’ Donuts CEO is now in the car wash business
It wasn’t too long ago that Dave Hoffmann told me about his life in the restaurant industry. “I am sort of a product of minimum wage. I grew up in the restaurants. That has been my whole life. It was burgers and fries at 16 and it’s donuts at 50,” Hoffmann recalled in a 2018 interview on the day he was announced as the next CEO of then publicly traded Dunkin’ Brands. Hoffmann — who before Dunkin’ spent years as a top executive at McDonald’s — went on to sell Dunkin’ Brands to Arby’s… Source link
Read More »Yahoo Small Business Announces Rebrand to Verizon Small Business Essentials
SUNNYVALE, Calif., Nov. 17, 2021 /PRNewswire/ — Today Yahoo Small Business, a division of Verizon Business, announced it will officially adopt the name Verizon Small Business Essentials. As a key part of the Verizon Business Group, the newly rebranded Verizon Small Business Essentials will continue to provide small businesses with industry-leading, personalized tools designed to help them start, manage and grow their business in today’s digital world, no matter where they are in the small… Source link
Read More »Amazon should be very worried about one growing part of Walmart’s business
Walmart “flexed its muscles” in an inflationary environment with a solid third quarter out on Tuesday, says Jefferies analyst Stephanie Wissink. But the world’s largest retailer also posed in front of fierce rival Amazon (AMZN) by adding a significant number of new third-party sellers to its Walmart.com business. Walmart (WMT) said it added about 21 million new items to its online marketplace in the third quarter. Growing its marketplace business to take on Amazon’s dominant position has… Source link
Read More »Warren Buffett just poured another $7.6 billion into his all-time favorite business — here are 3 other companies doing something very similar
Warren Buffett just poured another $7.6 billion into his all-time favorite business — here are 3 other companies doing something very similar When Warren Buffett’s holding company Berkshire Hathaway spends billions of dollars on an investment, it usually makes headlines. But there wasn’t too much hype surrounding Berkshire’s $7.6 billion purchase in Q3 — and for a good reason: The company was buying back its own shares. Buybacks are a common way for companies to return capital to… Source link
Read More »Zillow’s home-flipping business made no sense: Barbara Corcoran
Zillow (Z, ZG) will stop flipping homes, in a move that came just one day after Bloomberg reported that it was unloading 7,000 homes that it bought via its home-flipping business. The company, known for its online real estate listings, probably should have never ventured into home flipping, also known as iBuying, according to Barbara Corcoran, real estate veteran and “Shark Tank” host. Zillow started Zoom Offers, its iBuying service, in 2018 under the stewardship of CEO Richard Barton, who… Source link
Read More »Yahoo pulls out of China, citing ‘challenging’ environment | Business
By ZEN SOO Associated Press HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an “increasingly challenging business and legal environment.” Chinese authorities maintain a firm grip on internet censorship in the country and require companies operating in China to censor content and keywords deemed politically sensitive or inappropriate. “In recognition of the increasingly challenging business and legal environment in China,… Source link
Read More »Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now
Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now High inflation rates in the country have become a serious concern on Wall Street. But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment. Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when… Source link
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