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How Cartier, LVMH, and other luxury brands are preparing for the Olympic’s retail boost

Olympic crowds in Paris will likely shift retail traffic to other cities like Barcelona or London. Luxury retailers in European cities outside France are jockeying for business from deep pocketed tourists this summer, betting on a surge in visitors avoiding crowds and street closures in Paris during the Olympic Games.

Tue May 21, 2024 18:08
Hims & Hers Health stock price nears record high on news that it will offer GLP-1 weight-loss drugs amid shortages

The health and wellness brand said this week that it will offer drugs with the same ingredient as blockbuster medications Ozempic and Wegovy. Hims & Hers Health got a shot in the arm this week that sent its share prices to near all-time highs.

Tue May 21, 2024 18:08
This landmark AI legislation will have a ripple effect across the globe

The European Union’s AI Act, the first of its kind, will set the global standard for safeguards on artificial intelligence. Europe’s landmark rules on artificial intelligence will enter into force next month after EU countries endorsed on Tuesday a political deal reached in December, setting a potential global benchmark for a technology used in business...

Tue May 21, 2024 18:08
Feeding tomorrow: Collaborating for a sustainable food supply

Why Tetra Pak, a world-leading food processing and packaging company, is committed to collaborating with others to forge a world with secure and sustainable food systems Astoundingly, one-third of all food produced globally is lost or wasted. That staggering number amounts to 1.3 billion tons per year, with an estimated value of nearly $1 trillion...

Tue May 21, 2024 17:23
A new EPA cyberattack alert urges U.S. water systems to upgrade security immediately

Almost 70% of U.S. water utilities failed to meet security standards against cyberattacks. Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday as it issued an enforcement alert urging water systems to take immediate actions to protect the nation’s drinking...

Tue May 21, 2024 17:23
Your employees are afraid to take PTO, but a third are playing hooky from work anyway

It’s not about company policy. It’s about company culture. Employees are struggling with burnout, but taking time off isn’t always that easy. For its latest report on out-of-office (OOO) culture, the Harris Poll surveyed 1,170 American employees over the age of 18. It found that employees not only struggle to ask for time off, but often feel guilty...

Tue May 21, 2024 17:23

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