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C&E Executive News Filter
Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.
No, You Aren't Getting a Bonus. Your Company Is Just Testing You.
Companies are getting creative with phishing tests. Employees are getting annoyed. Source link
Meatpacking Plant Closures Cut Deep for Small-Town Economies
Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are
Clorox Warns of Accruing Costs From Cyberattack
The attack came amid a $500 million digital overhaul at the consumer products maker. Source link
MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos
MGM Resorts refused to pay a hackers’ ransom demand in a September cyberattack that threw its Las Vegas Strip resorts into chaos, according to a
Why No One’s Going Into Accounting
Listen to article (2 minutes) An accounting career, once a launchpad into the upper middle class for hundreds of thousands of Americans, is no longer
New Shein Executive Aims to Expand Supply Chain Outside China
The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to its consumers. Source link
3M Invented Post-it Notes and Scotch Tape, but What's It Done Lately?
Investors and scientists worry a shift in R&D strategy is stifling innovation as the company faces billions of dollars in lawsuit payouts. Source link
Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
In Suing Amazon, FTC's Lina Khan Turns Her Earlier Pricing Argument on Its Head
The government’s antitrust lawsuit is a more streamlined complaint that leaves out some allegations from the FTC chair’s famous law-school paper. Source link