Big Business

Nearly two weeks earlier than expected, Starbucks (NASDAQ: SBUX) on Monday said Laxman Narasimhan has assumed the role of CEO and joined the company's board of directors. Narasimhan takes the reins from Howard Schultz, who is ending his third stint in the top job. Narasimhan was named the company’s incoming...

Driven by pricier crude oil, Saudi Arabian Oil Co. (Aramco) reported its biggest annual net income as a listed company with earnings of $161.07 billion in 2022. The figure represented a 46.5% increase from the $110 billion Aramco registered in 2021. Aramco is the world’s largest state-owned entity and 2nd...

Emmett Shear, CEO of Amazon-owned Twitch, has announced that he will be stepping down from his role as chief executive, which he co-founded over 16 years ago. Amazon acquired Twitch, known for its community of video game enthusiasts, for almost $1 billion in 2014. Twitch is most known as a...

In an email to staff, Amazon CEO Andy Jassy announced another round of layoffs at Amazon — this time resulting in 9,000 Amazon employees losing their jobs. The affected departments include its highly profitable cloud computing unit Amazon Web Services (AWS), Twitch (the gaming platform Amazon owns), Amazon's advertising, and...

UBS has agreed to buy its ailing rival Credit Suisse Group AG for 3 billion Swiss francs ($3.25 billion) to prevent further market-shaking turmoil in the global banking system. The Swiss government brokered the UBS-Credit Suisse merger deal. The combination of the two biggest and best-known Swiss banks is expected...

Have you ever wondered how society affects your clients' consuming behaviors or how it even affects you as a consumer? Today we focus on the social and cultural parameters that seem to play such an important role. Social factors Culture and subculture Culture describes several aspects of a particular civilization....

In any business interaction, gaining trust is not just your desired outcome – it is your only initial outcome. If you can succeed in building trust with a potential prospect, the odds are heavy in your favor that you will achieve a result that meets their needs, and thus your...

Spring is the perfect time for CEOs to focus on enhancing their outdoor living spaces, and partnering with Bayside Pavers can bring numerous benefits. Bayside Pavers is a leading hardscaping company in the San Francisco Bay Area that offers innovative solutions to transform outdoor spaces and meet clients' needs and...

To reap all the rewards made possible by Employalty, remember: you can no longer focus on hiring the best person for the job. To attract talent and inspire commitment, you must create the best job for the person. One of the most powerful ways to do this in your organization...

Richard W. Duncan, Chairman of the Grenada Citizenship by Investment (CBI) Committee, announced the appointment of Thomas Anthony as the new Chief Executive Officer (CEO) of the Grenada CBI Unit, effective April 3, 2023. Karline Purcell, Deputy CEO, has been acting as Chief Executive Officer since 2021 and shall continue...