Scarves from Ivanka Trump’s Branded Line Recalled Over “Burn Risk”
Submitted by Kunal Garg on Thu, 04/07/2016 - 08:37
Ivanka Trum's father, Donald Trump the Republican Presidential hopeful has often criticized companies which outsource their manufacturing assignments abroad. He even threatened to impose taxes on Chinese imports in case he is elected but has admitted that a certain amount of his own products were also made abroad.
In a recent incident, Ivanka Trum's scarf collections were recalled over a "burn risk."
Walmart Join the Team of Cage- Free Eggs Committed Companies
Submitted by Anil Dayal on Wed, 04/06/2016 - 08:40
Earlier it was McDonald's Corp and Burger King who vowed to source cage-free eggs over the years. Now Wal-Mart is all set to join them.
In an announcement on Tuesday, the largest retailer and food seller in the U. S said it is committing to totally source cage-free eggs by 2025. With that, the company scored a big win with the animal rights supporters.
Starboard Value LP’s Success with Olive Garden Might not be Enough to Handle Yahoo’s Troubles
Submitted by Kunal Garg on Wed, 04/06/2016 - 08:35
Activism is on the rise in American corporations and in recent years shareholders have been taking stakes and agitating for change to perk up returns.
Starboard Value LP, the investment firm set an example looking for a replacement of the entire board of Darden Restaurants Inc. They argued that services provided by the company's Olive Garden chain staff was not up to the mark and a reason behind losing customers.
Who Could be Robert Iger’s Successor? Speculations Suggest Few Names
Submitted by Ajay Saxena on Wed, 04/06/2016 - 08:29
In recent news that stunned employees as well as outsiders Disney announced that it's COO and heir apparent to chief executive officer Bob Iger was leaving
With Tom Staggs now out of the scene, analysts predict that the Walt Disney Co. will now look out for an external candidate who can carry on the success of the company.
Water Conservation Target Laid Down by Governor Jerry Brown almost Met; Just a One Percent Miss
Submitted by Kunal Garg on Tue, 04/05/2016 - 07:31
Last year in April, California Governor Jerry Brown gave an unprecedented order to the Californians to trim their water usage by 25 percent compared to 2013 usage, over a nine months period stretching from June 2015 and February 2016. The residents of the state were very close to adhering to it and missed just by one percent.
Final Gulf of Mexico Oil Spill Settlement will Cost BP Close to $20 Billion
Submitted by Praneet Kessani on Tue, 04/05/2016 - 07:26
The BP oil spill in 2010 BP in the Gulf of Mexico was the worst of its kinds in the history of the United States. After the incident, a series of litigations followed which might be finally over after years.
On Monday, a final approval was granted by a federal judge, Carl Barbier in New Orleans, to an approximate $20 billion settlement.
