A cooperative is an organization owned and controlled by the people who use the products or services the business produces. Learn more here.
Dunkin' (formerly known as Dunkin' Donuts) is spending $100 million to become a major player in coffee. CEO Dave Hoffmann says espresso is going to be key to...
Big business ventures love regulation that keeps competitors out, and they lobby legislators to stack the regulation deck against the little guy, who has much less lobbying power. #notafreemarket
Munger's responses were frank & straight to the point, no fluff or hype, which seemed to throw the interviewer off track a bit.
Charlie really likes how Singapore developed and is run.
"Donald Trump is threatening new tariffs on the Chinese. And he may be doing the right thing. Why? Because China cheats in ways that defy belief."
President and CEO of the American Apparel & Footwear Association Rick Helfenbein told CNN the industry is "scared and panicked" over the escalating trade war between the US and China.
So they noticed higher wait times were driving away customers, AND they decided to eliminate busboys...hmmm...But I admire that they keep trying new approaches.
Harvesting saffron requires a lot of physical labor to get the flowers from the field to final packaging. The harvesting process plus its distinct flavor, smell, and color make it the most expensive spice in the world. It's used in kitchens across the world, as a fabric and skin dye, and may soon be used more widely for medicinal purposes.
No accounting for taste...But more attempts at international growth (after recent failures in China) could provide expansion, while U.S. sales remain strong, but loss of management to Chipotle hurts.
I'd noticed a couple of years ago that their financials sucked and wondered how they stayed open. The answer in part was to close stores.
PBS report on the aftermath of a small town when Walmart suddenly closes.
Business Adventures: Twelve Classic Tales from the World of Wall Street by John Brooks https://amzn.to/2Xr8wtR
Customer sponsorships for retail stores that have a community but struggle to stay afloat.
Companies used the tax break to buy over $trillion in stock buybacks instead of investing in capital or people. Good points about fiduciary responsibility to benefit shareholders...Really fucked up.