Business

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Unilever Announces Sweeping Restructuring of Global Businesses
Unilever Announces Sweeping Restructuring of Global Businesses
January 25, 2022  |  Retail

Unilever has announced an organizational restructuring that includes 1,500 layoffs and the creation of five business groups to replace the “matrix” structure it has used...

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Nordstrom Considers Spinning off Rack Into New Business
Nordstrom Considers Spinning off Rack Into New Business
December 20, 2021  |  Retail

Nordstrom is looking at spinning off its discount Nordstrom Rack business to trim its losses, Seeking Alpha reported. The company was down 0.6% as of...

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Report: Cybersecurity Firms’ Shares Soar Despite Net Losses for Many
Report: Cybersecurity Firms’ Shares Soar Despite Net Losses for Many
November 07, 2021  |  Cybersecurity

Despite the booming market for cybersecurity, many companies in the industry aren’t making a lot of money, The Wall Street Journal (WSJ) reported. Get the...

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Customer Engagement Firm Gupshup Buys RCS Platform Dotgo
Customer Engagement Firm Gupshup Buys RCS Platform Dotgo
September 23, 2021  |  Partnerships / Acquisitions

Gupshup, which works in conversational messaging, has acquired Dotgo, a rich communications services (RCS) business messaging firm from New Jersey, according to a Thursday (Sept....

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World Bank Nixes Business Climate Report After Probe Finds Corruption
World Bank Nixes Business Climate Report After Probe Finds Corruption
September 16, 2021  |  Business

The World Bank has done away with a well-known report that rated the business environment of countries after an investigation showed senior bank management had...

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Digital River Expands Services, Grows Client Base by 66% in Q2
Digital River Expands Services, Grows Client Base by 66% in Q2
August 31, 2021  |  Business

Global commerce company Digital River, which works with established and fast-growing brands, has announced that it had a new record of clients introduced in the...

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After Seven Decades, Boston’s Iconic Kowloon Restaurant To Close
After Seven Decades, Boston’s Iconic Kowloon Restaurant To Close
August 17, 2021  |  Retail

Boston’s iconic Kowloon restaurant, very recognizable to anyone who drove north on Route 1 from Boston, will be closing its doors. The closure is not...

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Salesforce Launching Business-Focused Streaming Service
Salesforce Launching Business-Focused Streaming Service
August 10, 2021  |  Streaming

Software company Salesforce Inc. announced on Tuesday (Aug. 10) that it will launch Salesforce+, a streaming service with original business-focused content. Get the Full Story...

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Instagram Unveils Business Hub ‘To Inspire Creativity’
Instagram Unveils Business Hub ‘To Inspire Creativity’
August 03, 2021  |  Social Commerce

Instagram on Tuesday (Aug. 3) unveiled a hub within the social media platform that will show both organic and paid posts from similar businesses, with...

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