Strategy

Strategy

Smart Moves to Make Now Ahead of a Recession

Seize the day and think of a recession as the best time to pass competitors, says Bain & Co.

Tom Holland and Jeff Katzin, Bain & Co.
May 21, 2019
Strategy

Ascena Retail to Close All Dressbarn Stores

"The decision was difficult, but necessary, as the Dressbarn chain has not been operating at an acceptable level of profitability."
Strategy

Ford Cuts 7,000 White Collar Workers to Save $600 Million

The automaker is laying off about 10% of its global salaried workforce as part of its restructuring effort.
Global Business

U.S. Blacklists Huawei Amid Escalating Trade Dispute With China

Huawei and 70 affiliates were placed on the U.S. trade blacklist.
Strategy

Volkswagen Wins Labor Support for Restructuring

Workers backed the restructuring after the automaker presented its new $1.1 billion battery plan.
Global Business

China Raises Tariffs on $60 Billion of U.S. Goods

The increased tariffs are in retaliation for the Trump administration’s latest decision to increase duties on Chinese products.
Strategy

Siemens to Spin off Power and Gas Business

"The company is now what [CEO] Joe Kaeser has always wanted it to be ... an integrated concern in which all entities are strategically interlinked.”
Strategy

Disney Takes Over Hulu in Deal With Comcast

The agreement gives Disney immediate operational control of Hulu in return for buying out Comcast's minority stake for at least $5.8 billion in 2024.
Global Business

Global Auto Sales to Fall More Than Expected

S&P Global Ratings had previously forecast modest growth in China and Europe.
The Economy

Unemployment Dips to Lowest Level in 50 Years

A second straight month of strong U.S. job growth is "further evidence that February’s paltry 56,000 increase in jobs was an aberration."
The Economy

U.S. Productivity Surges to 3.6% Gain in Q1

“The rebound in productivity is restraining labor costs and keeping inflation in check,” an economist says.
Robotic Process Automation

It’s Unanimous: Firms that ‘Know’ Bots Will Expand Their Usage

Automation is sweeping across the corporate landscape, with many companies expecting to use RPA in most or all of their functions within two years.
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