business

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American Apparel Dumps Controversial CEO

Dov Charney will 'fight like hell to get his company back'

(Newser) - Controversial American Apparel CEO Dov Charney is getting the boot. After years of lawsuits and sexual harassment allegations, the Los Angeles Times reports that the company's board voted unanimously to terminate Charney yesterday, a decision that "grew out of an ongoing investigation into alleged misconduct" after "new...

9 Business Words We Heard Too Often in 2013

No. 1: 'content'

(Newser) - Put them together, and you've got your standard company email sent this year. Business ETC has teamed up with the Global Language Monitor to determine the "most overused" business words of the year, based on GLM's analysis of the words used in an overwhelming number of places,...

Pasta Boss: No Gays in My Commercials

Barilla head sort of apologizes after boycott is threatened

(Newser) - The head of Italy's Barilla pasta company has apologized, kind of, for saying he'd never use a gay couple in any of his ads. In his interview with an Italian radio station, Guido Barilla did say it was fine by him if gays "like our pasta."...

Romney to Bosses: Tell Workers How to Vote

 Romney to 
 Bosses: Tell 
 Workers How 
 to Vote 
CONFERENCE CALL TAPE
Oct 18, 2012 11:36 AM CDT

Romney to Bosses: Tell Workers How to Vote

Tape sheds light on headlines about businesses doing just that

(Newser) - In a conference call earlier this year Mitt Romney urged small-business owners to tell their employees how to vote. "I hope you make it very clear to your employees what you believe is in the best interest of your enterprise and therefore their job and their future," Romney...

Quote Approval Is Ruining Journalism
 Quote Approval 
 Is Ruining Journalism 
DAVID CARR
Sep 17, 2012 11:01 AM CDT

Quote Approval Is Ruining Journalism

David Carr discusses a disturbing trend

(Newser) - Today's journalists are increasingly faced with subjects who insist on "quotation approval" as a condition of their interviews—and that's a big problem, writes David Carr in the New York Times . Politicians who want to approve quotes before a piece runs reveal "democracy" to actually be...

Corporate Archivists' Job: Hunt Down Odd Treasures

Anyone remember the McDonald's 'Onion Nugget' from the 1970s?

(Newser) - Just what keeps a corporate archivist busy? Browsing eBay, tracking down former employees, hunting through warehouses, and searching far and wide for artifacts that define a company's past. The McDonald's archivist, for example, particularly loves a deep-fried chunk of onion that's stored in a climate-controlled room in...

Dell Must Reinvent Itself or Perish
 Dell Must Reinvent 
 Itself or Perish 
OPINION
Aug 31, 2012 3:36 PM CDT

Dell Must Reinvent Itself or Perish

Tech giant should buy RIM, writes Richard Saintvilus

(Newser) - Dell is in a tailspin, with earnings down 18% from last year. What to do? Reinvent itself—by buying Research in Motion, the creator of the Blackberry, writes Richard Saintvilus at TheStreet . By gearing up for battle against Apple, Microsoft, Google, and Amazon in the mobile device market, the PC...

Ikea Building Its Own City District in Germany

Shops, apartments, and offices for thousands of people

(Newser) - Swedish furniture superpower Ikea will be assembling and delivering its very own city district, complete with shops, apartments, and office space for thousands of residents, in Hamburg, Germany. "We want to build a new city district for the benefit of Hamburg," says the head of Ikea's property...

Facebook Exec Leaving for Startup

Tech chief Bret Taylor departing this summer

(Newser) - A top exec is bolting from Facebook so he can work on his own startup. Chief technology officer Bret Taylor, who supervised platform and mobile products, will leave this summer, reports AllThingsD . His leaving could prove worrisome as a reflection of Facebook's inability to retain strong leadership, especially in...

Businessmen Aren&#39;t Good Presidents

 Businessmen 
 Aren't Good 
 Presidents 
OPINION
Jun 1, 2012 1:48 PM CDT

Businessmen Aren't Good Presidents

Yet Romney wants biz experience to be required: Timothy Egan

(Newser) - Earlier this week, Mitt Romney applauded a store owner's idea: The Constitution should be amended to require presidents to have three years of business experience. The idea—little discussed amid Trump-centric headlines—speaks to a fantasy that's demonstrably inaccurate, writes Timothy Egan in the New York Times . Businessmen...

Top Dems to Obama: Keep Attacking Bain

But a few worry strategy could hurt among independents

(Newser) - Some Democratic leaders may have their doubts about President Obama's attacks on Bain Capital —but most give the message the thumbs up and want him to keep at it. Mitt Romney "wanted to have this conversation," Pennsylvania's Democratic chair tells the Washington Post , which has...

10 Celebs Who Burst Into Business

Jessica Alba, Sammy Hagar branch out

(Newser) - Celebs are excellent at promoting themselves, so why not move into other products? Here are 10 stars who were bitten by the entrepreneurial bug, courtesy of the Street .

Boss Divvies Up $15M to Surprised Employees

Owner of bus company in Australia sells firm, feels generous

(Newser) - The boss of an Australian bus company dished out $15 million in bonuses to his employees. Ken Grenda sold his company and used the proceeds to give an average $8,500 to every one of his 1,800 workers. Grenda, 79, attributed his generosity to the typically enormous gap between...

Rolls-Royce Hires in—Get This— High-Wage Countries

Industrial giant ignores wisdom of rivals

(Newser) - The British industrial behemoth Rolls-Royce is increasing its revenue by way of an unorthodox strategy: moving operations into high-wage countries with highly skilled workers. The plan contradicts the wisdom of rivals, who are moving production into low-wage areas in Asia and Latin America, reports the Wall Street Journal . The tactic...

Online Apartment-Hunter Finds Pads With Facebook

'ApartmentList' scans your activities to find the right place

(Newser) - Your mind-numbing hunt for an apartment may have gotten a little bit easier. A new apartment-matching engine called ApartmentList personalizes listings by connecting to your Facebook page and scanning your activities and those of your friends, TechCrunch reports. It also asks questions like, "Do you have money in the...

Many Succeed in Business School Without Really Trying

Both students, teachers to blame

(Newser) - A senior accounting major at one Virginia university only goes to class to take tests or give presentations. On weeks he doesn't have a test, he may not crack open a textbook. If he has a take-home test, he can usually Google the answers. In a typical day, he says,...

10 Industries the US No Longer Rules

We're No. 2! We're No. 2!

(Newser) - When it comes to business, Americans have long been used to being on top—but oh, how the mighty have fallen in some arenas. 24/7 Wall Street breaks down the top 10 industries in which "Made in the USA" doesn't dominate as it once did:
  • Autos—High labor costs
...

Latest Korean Crisis: Cheap Fried Chicken

Big supermarket tried to price little guys out of the market

(Newser) - One of South Korea's biggest supermarkets began selling a bucket of fried chicken for about four bucks this week, which wouldn't ordinarily seem like a big deal. But "few food products have left so much turbulence in their greasy wake, or revealed so clearly the insecurities that haunt Asia's...

Trader Joe's: The Biggest Small Store

Inside the company that's winning over customers

(Newser) - Green eaters will probably be dismayed to hear that Trader Joe’s, that enclave of cage-free eggs and organic veggies, also sells pita chips…made by FritoLay. But that’s the most damning revelation in Fortune ’s look at the company, which has managed to maintain its “neighborhood...

Japan Cultivates 'Rice Farm' Bra

Grow your own

(Newser) - Japan is drawing abreast of cutting-edge green design with a bizarre "rice farm" bra that doubles as a field of dreams. The bra cups (presumably bigger than A's) double as recyclable plastic pots that can be filled with soil and rice seedlings. The wearer waters the crop with a...

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