Add the annual corporate budget to the list of pre-COVID-19 institutions upended by the pandemic, The Wall Street Journal reports.
Instead of issuing blueprints looking 12 months into the future, corporate finance heads increasingly are adopting spending plans that can be updated quickly as events warrant, according to the paper.
On the other side of corporate ledgers, spending on everything from payroll to utilities to corporate travel has plummeted at many companies.
Many things are taking place:
After raising $150 million in equity and debt, Nature’s Fynd opens its fungus food for
Nature's Fynd , the food technology company with a new food offering cultivated from fungus found in the wilds of Yellowstone National Park, is releasing its first products for pre-order.
Pitching both a non-dairy cream cheese and meatless breakfast patties, Nature’s Fynd had managed to attract some serious investors, including Al Gore’s Generation Investment Management and the Bill Gates-backed investment fund, Breakthrough Energy Ventures. The company most recently raised $80 million in its last round of funding .
How Business Leaders Can Prepare for the Next Health Crisis
Organizations need to radically improve their approach to securing and distributing PPE and other medical and safety supplies.
During the pandemic, shortages of PPE and other health and safety goods have disrupted the operations of organizations throughout the economy. To prevent this from happening again, they should take steps to improve their responsiveness and awareness. There are four levels of preparedness. The goal should be to ultimately reach Level 4, which will make an organization immune to disruptions.
Got no milk: KitKat V – for vegan – candy bar debuts – Orange County Register
Switzerland's Nestle didn't spell out in its announcement on Monday the exact formula for the new treat to be known as the KitKat V. But it said it would "soon have a delicious plant-based option that delivers the perfect balance between crispy wafer and smooth chocolate that people know and love."
The company said it already has launched plant-based alternatives to dairy made from rice, oat, soy, coconut, pea and almonds that are found in its non-dairy ice cream, coffee creamers and other products.
Many things are taking place:
Opinion: Ohio should rethink taxpayer incentives for thriving companies
Ohio lawmakers are engaged in what is bound to be a legislative session like no other. Legislators will be forced to confront a once-in-a-generation pandemic and resulting unprecedented economic challenge that has wreaked havoc on the state's budget.
This looming fiscal quagmire demands creative and bold thinking from lawmakers. To build back stronger in the year ahead, Ohio must consider putting all potential revenue generators on the table — even rescinding sweetheart economic development deals that were highly touted but have fallen short in providing jobs.
Private equity firm Marlin snatches up e-commerce optimization platform Lengow – TechCrunch
French startup Lengow has a new landlord as Marlin Equity Partners has acquired a majority stake in the company. Lengow operates a software-as-a-service platform to optimize e-commerce listings. Terms of the deal are undisclosed.
In particular, many sellers now list their items on multiple e-commerce websites at once. For instance, a company could have its own e-commerce website and also sell products on Amazon, eBay, etc. And you may have noticed the same third-party sellers on different marketplaces.
How to build a Hyperloop on a budget: use crowdsourcing
The race to build the world's first functioning Hyperloop - a proposed transport system of levitating capsules speeding through vacuum tubes - has captured the public's imagination.
But one of the leading companies trying to make the concept a reality, Hyperloop Transport Technologies (Hyperloop TT) , is testing something else almost as revolutionary: the potential of crowdsourcing.
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"If you're a billionaire, it's easy to change the world," says Hyperloop TT's co-founder and chairman Dirk Ahlborn in an interview ahead of an appearance at Pause Fest 2021, a Melbourne-based business and creativity event sometimes billed as "Australia's South by Southwest".
Global Personal Financial Management Tools Market Competitive Analysis 2020 – Mint, Tiller
The newly introduced report namely Global Personal Financial Management Tools Market 2020 by Company, Regions, Type and Application, Forecast to 2025 focuses on current market trends, briefing about market size, share, applications, types, and forecast 2020-2025. The report answers questions on the current and future technological advancements and development. The report provides a survey of the present market development and technological evolutions.
NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.
Happening on Twitter
Airports privatisation is fine by retaining Security & Air Traffic Control with Govt - but don't give bulk to any s… https://t.co/Xr1DFM9x09 jgopikrishnan70 (from New Delhi) Sun Feb 14 11:25:27 +0000 2021
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