Apple, Amazon, and Facebook have all acknowledged their businesses are being impacted by the global outbreak.
The Wall Street Journal reports that the lockdown on Chinese manufacturing has caused global markets to "shudder" and is casting an "ever-widening shadow" on the economy at large. That's particularly relevant in the tech industry, which depends on Chinese labor to build everything from computer chips to cellphone parts.
Social media companies — which are trying to keep up with a slew of misinformation about the virus's origins and spread — are still financially less impacted than companies like Apple since their main line of business isn't selling physical goods. But even Facebook has been affected, setting reduced production goals for its Oculus Quest virtual reality headsets in part due to a slowdown in Chinese manufacturing because of the virus.
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What Information Do Business Leaders Need to Bolster Growth?
A new study by Gallup and TrueSpace looks at the conditions post-startup companies need in order to make the transition from the treacherous "adolescent" phase of rapid but sporadic and unpredictable growth to a more stable developmental phase.
The first article on the Gallup/TrueSpace study provides an overview of the broad concepts addressed by the Five Conditions framework. Here we look at three specific factors that are among the most strongly related to recent growth performance among companies in the study:
Victoria's Secret takes lingerie business private at $1.1B price tag | Fox Business
L Brands Inc. is taking lingerie business Victoria's Secret private, selling a controlling stake to Sycamore Partners for $525 million and leaving personal-care business Bath & Body Works as a stand-alone public company.
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The separation "provides the best path" to restoring profitability at Victoria's Secret, CEO Leslie Wexner said in a statement. Built on sex appeal, the store gained renown for its annual lingerie runway show, which garnered as many as 10 million viewers in 2010 before sliding to less than a third of that as its revealing imagery raised eyebrows in the #MeToo era.
Space Business: TacSats — Space Business — Quartz
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Council Post: Why Trade Shows Are Important For Your Small Business
www.lendingvalley.com ">Chad Otar is the President at Lending Valley, Inc, a one stop shop for business owners' financing needs. Visit us: www.lendingvalley.com
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In our hyperconnected digital world, trade shows can be seen as a bit of a relic, an outmoded business building tool that entrepreneurs shouldn't waste their time on. Nothing could be further from the truth.
Today's ultracompetitive business environment demands smart marketers, savvy entrepreneurs and serious small-business owners build relationships with their prospects, partners and customers. I've found that people are looking for an authentic experience, want to do business with companies that have shared values, and are looking for more of a "human touch," even if the overwhelming majority of their business interactions are handled online or through a mobile app.
The CEO who loved me - Spies often use businesses as cover | Business | The Economist
Ernst Blofeld, head of Spectre, a global criminal syndicate—a man in need of secret communications—would doubtless also have been wise to Crypto AG , a Swiss company that rose to dominate the global market for cipher machines after the second world war. By the 1990s it was apparent that the firm was in bed with the National Security Agency ( NSA ), America's eavesdroppers. The truth, it turns out, was even more remarkable.
The history of intelligence is littered with such front companies, used to collect intelligence or carry out covert skulduggery. "Active Measures: The Secret History of Disinformation and Political Warfare", a forthcoming book by Thomas Rid, describes how the CIA seed-funded and controlled a printing house in Berlin in the 1950s to spread propaganda in the Soviet bloc.
Family dispute could trigger sale of Maine legacy wood products business - Portland Press Herald
A co-owner of a century-old wood products manufacturer and one of the biggest employers in central Maine has sued to dissolve a business partnership with his cousin, saying the two men have not spoken in almost two years and are deadlocked on key decisions for the company.
Hardwood is the largest employer in Piscataquis County and is a world-recognized manufacturer of ice cream sticks, toothpicks, swabs, tongue depressors and other wooden food and medical supplies. It has been making white birch products in Guilford since 1920.
Jon Gordon stresses need for optimism in speech to Baton Rouge business leaders
"In business, our optimism is a competitive advantage," nationally acclaimed leadership speaker Jon Gordon told a crowd of more than 700 business leaders in Baton Rouge today.
Some of the city's highest profile leaders, including Mayor Sharon Weston Broome and Police Chief Murphy Paul, were also in attendance at Business Report 's Elevate Your Leadership and Your Team event today at the HPC Arena.
Gordon has written 16 books on leadership, team building and success. His most recent book, Stay Positive , is a collection of quotes and messages centered on his years of work motivating leaders to take on daily challenges, pursue goals, and create positive momentum.
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