Mark Schneider, Nestle’s recently ousted CEO, steered the world’s biggest food maker through the COVID-19 pandemic, grew margins despite a subsequent supply chain crunch, and pulled off a historic reorganisation. So when did he lose the board’s faith? While Nestle declined to comment on the nature of his departure when announcing it on Thursday, and … Read more
CLAYTON, N.C. (AP) — Novo Nordisk, the maker of Ozempic and Wegovy, announced on Monday that it plans to add 1,000 jobs when another company manufacturing plant is built in a suburb of North Carolina’s capital to expand production of the very popular weight loss and diabetes medicines, as well as other treatments. The Danish-based … Read more
(NewsNation) — Once a tool used just by airlines and rideshare apps, companies across industries are now using dynamic pricing to get more money out of customers. Certified financial planner Bobbi Rebell says companies are able to do this based on data, some of which consumers give companies voluntarily and some which they can see in … Read more
Doordash, Grubhub, Uber Eats, and a dozen others are abject failures of the Silicon Valley venture capital-funded wasteland of “gig economy” apps. These apps make it easier to get cold and disappointing food delivered right to your house at ridiculous expense. The companies themselves are having a hard time figuring out a profitability model, despite … Read more
