Levi's CEO urges customers not to wash their jeans

Levi Strauss goes high-tech with Google partnership Levi Strauss & Co. CEO and President Chip Bergh on the company’s new products, growth strategy and partnership with Google. While some investors are celebrating Levi Strauss’ return to the public markets Thursday after decades of being a private company, many are puzzled by the CEO's recent comments that he hasn’t washed his jeans in […]

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Trump, GM CEO Mary Barra 'very aligned' on creating US jobs

GM’s Mary Barra: We are committed to the US General Motors CEO Mary Barra on the automaker’s plans to build an electric vehicle plant at a plant in Orion, Michigan, President Trump’s criticisms of the company’s decision to close a plant in Lordstown, Ohio and the company’s commitment to jobs in America. Just days after President Trump ripped General Motors […]

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Inverted Yield Curve Reminds Investors That Cycles End

What is there to say about the inverted yield curve that hasn’t been said already? The yield spread between three-month and 10-year Treasuries fell below zero on Friday for the first time in more than a decade. It’s arguably the most significant inversion yet because such a move has accurately predicted the past seven recessions. So, yes, it’s true: The […]

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Kraft Heinz Can’t Count on Ketchup to Save It From the Future of Food

What went wrong at Kraft Heinz Co.? Years before last month’s jaw-dropping $15.4 billion writedown, the company had been on a mission to make over some of its quintessential products, removing maligned ingredients from its mac and cheese and hot dogs to better compete with newer, more natural upstarts. The reformulations weren’t enough. A month after the startling acknowledgement, the shares still haven’t recovered, a […]

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MillerCoors Sues Anheuser-Busch For Corn Syrup Super Bowl Ad

MillerCoors LLC has filed a lawsuit against Anheuser-Busch Companies LLC, part of Anheuser-Busch InBev (AHBIF.PK,BUD), alleging that Anheuser-Busch’s ad campaigns associating MillerCoors’ products, Miller Lite and Coor Light, with corn syrup is “false and misleading.” During the Super Bowl, ABInBev ran an advertising campaign that mocked Miller Lite and Coors Light use corn syrup in brewing, while its own Bud […]

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Can GameStop’s New CEO Deliver a Turnaround?

GameStop Corp. (NYSE: GME) seems to have solved one problem with its executive team, as it announced that it has found a new CEO. This comes amidst a potential proxy fight from activist firms and a slowly declining stock. The question is, can this new CEO turn things around for the embattled gaming company. The board of directors has appointed […]

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The Yield Curve Is Inverted! Remind Me Why I Care

If you’re wondering what a yield curve is and why there’s so much fretting in the U.S. over it flattening — and parts of it even inverting — you’re not alone. Late last year, Google searches for “yield curve flattening” shot up to their highest level in over a decade, only to reach an even loftier peak in April. Inversion […]

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Why Tiffany Fell Short in Q4

Tiffany & Co. (NYSE: TIF) released its fiscal fourth-quarter financial results before the markets opened on Friday. The firm said that it had $1.60 in earnings per share (EPS) and $1.32 billion in revenue, which compares with consensus estimates that called for $1.61 in EPS and revenue of $1.34 billion. In the same period of last year, the specialty retailer […]

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