Five years ago CVS changed the drug store landscape. They announced they would no longer sell tobacco products in their pharmacy stores and that they were changing their corporate name to CVS Health as part of a “broader healthcare commitment.” In essence, they created a new category of business and challenged their competitors to follow. Today they define their purpose ...
Read More »Author Archives: Ana Mrdalj
The Whiteboard: It’s time to call China what it is – a repressive dictatorship
For more than three decades, companies in the United States have attempted expanding trade with China, motivated by low labor costs and the market potential of the world’s most populous nation. Promoters of China trade have promised that increased trade would eventually democratize China. That sounds good, but it isn’t working.
Read More »Apple redesigns its privacy pages, thumbing its nose at Facebook and Google
Apple redesigned the web pages of its privacy policies Wednesday, its latest effort to distinguish itself from its personal data-selling competitors.
Read More »Gap CEO exiting as forecast cut casts doubt on turnaround
Gap Inc. said on Thursday CEO Art Peck will leave the company, a surprise exit in the middle of a restructuring that comes as the apparel retailer slashed its full-year earnings forecast, sending its shares down 7%.
Read More »Sears, Kmart closing seven more Pennsylvania stores this winter
Kmart stores in Ephrata and Lebanon are slated to close in February as part of the announced closure Thursday of 96 Sears and Kmart sites by Transformco, the company that acquired the once-mighty retail chains out of bankruptcy earlier this year.
Read More »November 8, 2019
Wells Fargo taps Bill Daley, former White House official, head of public affairs
Wells Fargo & Co., which recently tapped one-time Jamie Dimon protégé Charles Scharf to be its CEO, has hired another former JP Morgan Chase executive and previous White House official, William Daley, to head public affairs.
Read More »Coca-Cola doubles down on sparkling water with new caffeinated brand
The beverage behemoth unveiled Thursday a new flavored seltzer water brand with a splash of caffeine, called AHA. It's Coca-Cola's first new beverage brand in more than a decade, when it debuted Gold Peak tea.
Read More »Nonprofit to build a number of affordable homes in Steelton
A groundbreaking ceremony was recently held for a housing project that has been in the works for 15 years and will produce 12 new affordable homes in Steelton.
Read More »Airbnb CEO says all listings and hosts will be verified by December 2020
Amid growing concerns about its rental listing platform, Airbnb CEO Brian Chesky said the company will start verifying all hosts and listings on its platform. The news comes after a Vice investigation, published last Thursday, uncovered a "nationwide web of deception" where a person or organization was able to exploit Airbnb's rules through phony listings and fake reviews undetected by the company.
Read More »China says it has agreed with the US to cancel existing trade tariffs in phases
China’s Commerce Ministry said Thursday that Beijing had agreed with Washington to lift existing trade tariffs between the two nations in phases.
Read More »York CEO Bill Hynes arrested on charges related to assault, stalking, PFA violation
Bill Hynes, founder and CEO of United Fiber & Data in York, was arrested on Friday in two separate criminal cases that allege he assaulted and stalked a former employee, took out a fraudulent second mortgage on her home and violated a temporary protection-from-abuse order.
Read More »Xerox is said to consider buying HP
Xerox is reportedly considering buying Hewlett-Packard Inc. in what would be a merger of two former American technology giants that have both seen better days. The Xerox board discussed the possibility of an HP purchase on Tuesday, according to the Wall Street Journal, which cited sources familiar with the matter.
Read More »UAW leader, a former GM board member, charged in ongoing federal corruption probe
Federal prosecutors have charged retired United Auto Workers Vice President Joseph Ashton, a former board member of General Motors, as part of its corruption probe into the union.
Read More »Officials at these 2 companies with central Pa. locations rang the Nasdaq bell this week
It been quite a year for F&M Trust. The Chambersburg-based bank with numerous branches in Cumberland County announced earlier this year that it is moving its headquarters. Its holding company, the Franklin Financial Services Corporation also joined the Nasdaq.
Read More »