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Business & Lifestyle

Understanding how supply chains work

With the COVID-19 pandemic spreading worldwide, one major impacting factor is the supply chain of necessary goods and services. The media heavily reports on this issue. Moreover, it’s crucial for hospitals and healthcare centers that are in desperate need of supplies. However, one must wonder what exactly makes up the supply chain. The role of supply chain management A supply chain is an organizational system of people, activities, information, and resources moving a variety of things from the company to […]

todayApril 20, 2020 48

Business & Lifestyle

Remote business operations as a result of changes due to COVID-19

The COVID-19 coronavirus pandemic has affected every country across the globe, and it has affected every individual in some way or another. While this isn’t going to last forever, there’s no doubt that things have changed -- and will continue to do so -- for the foreseeable future. As businesses, we need to adapt and that includes resorting to remote operations. However, we’ve no way of telling whether lockdown restrictions will be in place for a few months or a […]

todayApril 19, 2020 1868

Business & Lifestyle

How online businesses are coping during the COVID-19 pandemic

There are many businesses being forced to close during the COVID-19 pandemic. Some businesses may never recover while some are thriving more than ever. Amazon has taken the biggest boost and is making millions upon millions through online shopping. As the high streets close down, the second best and only way to receive goods is through online retailers. Businesses should also be aware despite their struggle in terms of sales. However, it is vital that their online business remains a […]

todayApril 17, 2020 31

Business & Lifestyle

Furloughs, pay cuts in WWE leads to talent releases

STAMFORD, Conn. (Heartland Newsfeed) -- Unforeseen economic struggles as a result of the COVID-19 coronavirus epidemic has forced WWE to make some drastic changes Wednesday. WWE announced changes to staffing and compensation packages for executives among other measures, according to a report from Wrestling Observer's Josh Nason. A press release reveals these actions, which include decreasing operational expenses, cutting talent, staffing and consulting costs and delaying the headquarters move from Titan Towers by six months. WWE was identifying headcount reductions, making […]

todayApril 16, 2020 123

Business & Lifestyle

Illinois crop report reveals slow corn planting, wheat harvest

SPRINGFIELD (Heartland Newsfeed) – There were roughly five days suitable for crop fieldwork in Illinois over the past week ending Sunday, April 12, according to a U.S. Department of Agriculture report. The report was delivered Monday by crop statistician Mark Schleusener. Temperatures in Illinois are above average Across the Land of Lincoln, the average temperature during the week was 53.3 degrees. As a result, this is 4.7 degrees above normal. Rainfall is below average, moisture supply still adequate Unfortunately, rainfall was […]

todayApril 14, 2020 79

Business & Lifestyle

Four smart business moves to implement in 2020

Running a small business is a difficult task on its own. However, there are even more tasks to deal with during a global pandemic. This year has been an interesting time for everyone with the COVID-19 coronavirus epidemic. When managing a business, there are things to help survive anything coming your way.  Be flexible As we have seen, life can change very quickly. Those sudden changes include the way we do business. The companies that survive the unexpected turns of […]

todayApril 14, 2020 30

Business & Lifestyle

Four critical business lessons to remember after the COVID-19 pandemic ends

The COVID-19 coronavirus pandemic has stormed through the business world, wreaking havoc and leaving nothing but devastation behind for many. Many companies are placing their operations on hold. However, there’s certainly a different business outlook compared to six months ago. With that being said, it’s important to try and make the best out of a bad situation. Consider some of the key lessons your business can learn as a result of this global pandemic.  When you start thinking about it, […]

todayApril 14, 2020 34

Business & Lifestyle

E-Trade, Morgan Stanley agree to $13 billion acquisition deal

NEW YORK (UPI) -- Morgan Stanley announced plans Thursday to acquire digital investment firm E-Trade for $13 billion, continuing a trend of consolidations in the brokerage field. The Wall Street investment bank said it will pay $58.74 per E-Trade share in a deal expected to close later this year. Morgan Stanley said the move will combine its platforms with $3.1 trillion in client assets and upgrade its wealth management franchise into an industry leader. "The combination adds an iconic brand […]

todayFebruary 20, 2020 42

Business & Lifestyle

Private equity firm to buy majority stake in Victoria’s Secret

NEW YORK (UPI) -- Private equity firm Sycamore Partners agreed to buy a majority stake in the underperforming Victoria's Secret and spin it off into a privately held, standalone entity, the companies announced Thursday. The lingerie chain's owner, Columbus, Ohio-based L Brands, said Sycamore Partners will purchase a 55 percent stake in Victoria's Secret Lingerie, Victoria's Secret Beauty and PINK to create a separate company "focused on reinvigorating its market-leading businesses and returning them to historic levels of profitability and […]

todayFebruary 20, 2020 32

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