Word: consumerization
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Bloomberg is about to find out. Moon and Lee kicked their idea up the company's corporate ladder, and last August Bloomberg Sports was formed. The goal is simple: to replicate the company's smashing success in the financial world, where the $1,500-a-month Bloomberg terminals are in...
The GM potato, created by German chemical giant BASF, is not intended for human consumption. It has been developed to produce higher levels of starch, which is used in industries like paper manufacturing. Using the GM potato will save energy, water and chemicals. E.U. Health and Consumer Policy Commissioner John...
Sorenson, despite being famous for his dismissal of coffee infidels, takes a more diplomatic tack: "Starbucks laid the path. They made people aware. They offered better coffee in their time than was out there. But now there's far more specialty coffee out there today, and there will be even...
Companies that have interests outside Greece are also likely to fare better. Kyriakos Sarantis, CEO of Sarantis, a $363 million consumer-products company, expects revenue to remain flat despite the problems at home, in large part because nearly 60% of his business is in Eastern Europe. "That exposure is helping...
Many of the credit-card changes signed into law last May by President Obama took effect Feb. 22. Some key provisions: retroactive interest-rate hikes are prohibited unless the account is more than 60 days past due, users can opt out of paying for overdraft protection, and annual or application...