Ryan Henriksen/Reuters Jorge Lemann is behind some of America’s most iconic consumer brands. The Brazilian billionaire’s investment company, 3G Capital, has backed takeovers of Kraft, Heinz, Burger King, and Anheuser-Busch. And it isn’t likely finished. Kraft Heinz Co., which 3G put together in 2015 after first buying Heinz and then Kraft, could strike a huge deal next […]

Reuters Sen. Elizabeth Warren Senator Elizabeth Warren has demanded that drug company Mylan’s CEO Heather Bresch answer a very uncomfortable question for those in the drug industry. What exactly is going on with your patient assistance programs? This question is vital because Bresch and her company are in the midst of a firestorm. Last week consumer […]

President-elect Sandra Bouckley to take over role for remainder of 2016 (DEARBORN, Mich., Aug. 31, 2016) – Dean Bartles, PhD, FSME, 2016 SME president, recently accepted a new role as a consultant to the American Society of Mechanical Engineers in support of advanced manufacturing. As such, Bartles will recuse himself from the remaining 2016 […]

Nikola A rendering of the Nikola truck. Nikola Motor is changing its tune just two months after its very first announcement. The start-up announced Tuesday that it’s building trucks powered by a hydrogen fuel cell, allowing them to achieve zero emissions. That’s a step in an entirely different direction from its announcement in May when Nikola said it […]

Matt Dunham – WPA Pool/Getty Images Confidence among British shoppers improved dramatically in August, as Britons decided to carry on spending rather than saving in the wake of the Brexit result. GfK’s consumer confidence reading, based on a survey of 2000 Britons, was -7 for August, up from -12 in July. The findings come after […]

REUTERS/Yuri Gripas United Airlines president Scott Kirby. Shortly after American Airlines announced the departure of company president Scott Kirby on Monday, United Airlines announced his arrival as its new president.  Kirby’s move over to American’s major rival aside, the long-time executive’s departure breaks up one of the most successful airline management teams in recent history.   […]