Mondelez International Inc.’s finance chief is reallocating funds to boost the snack maker’s marketing, and the company for the first time will spend the majority of its advertising dollars on digital channels instead of on television commercials. The Chicago, Ill.-based food manufacturer, which owns the Oreo cookie, Cadbury chocolate and […]
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BERLIN — German pharmaceutical company CureVac says it is receiving a further 252 million euros ($298 million) to develop a coronavirus vaccine. The company says its request for additional funding has been approved by Germany’s Ministry for Education and Research, provided certain milestones are reached. Germany’s state-owned KfW bank has […]
Dettol spray Demand for cleaning products Dettol and Lysol put a rocket under sales at Reckitt Benckiser during the first half of the year, as the consumer goods giant reported a “seismic shift in how people are living”. Chief executive Laxman Narasimhan said the coronavirus crisis was likely to have […]
Recently I encountered a series of TikTok videos in which a guy creates some amazing cosplay stuff — swords, helmets, complete Iron Man costumes — using only a 3D printer. (Check him out on YouTube if you’re interested.) When you see the results, you figure he must be using some […]
If you’re wondering how anyone could possibly grow a small business and make it flourish during the pandemic, ask Ashleigh Kiser. During a year that felt like a nightmare for many of us, the 26-year-old entrepreneur seemingly spun hand-dyed yarn into gold. Of course, happy endings never come without their […]
Chris Kiple, CEO of Ventec Life Systems, alongside one of the company’s ventilators. (Stuart Isett Photo) To rapidly increase a company’s production 8-fold is daunting. To ramp up 80-fold is almost unimaginable. It’s also what Chris Kiple had to do last spring as CEO of one of the nation’s few […]
PARIS (Reuters) – Birkin handbag maker Hermes’ comparable sales picked up again in the third quarter, rising 7%, and the group said this positive momentum had extended into October after a rebound in Asia and other regions as some coronavirus restrictions eased. Luxury goods groups were hit hard by store […]