Archives: June 2009

Zicam Maker Takes Cues From J&J

Posted by: Arlene Weintraub on June 24

A product recall is every company's worst nightmare. But for tiny Matrixx Initiatives (MTXX)--maker of Zicam cold remedies--the June 16 recall of two of its products was particularly painful. The...

Wal-Mart's New Doyenne of Diversity

Posted by: Matthew Boyle on June 23

Wal-Mart’s new CEO Mike Duke took another step towards delivering on his promise to promote diversity at the Bentonville-based retail giant on June 22 by naming L. Mecole "Cole" Brown...

Biotech M&A Poised to Soar

Posted by: Arlene Weintraub on June 18

Drug company CEOs will be driven to look for more M&A opportunities, according to a new report from Frost & Sullivan. In the first half of the year alone, Merck...

Young Exec Looking for Adventure? Tough Luck

Posted by: Diane Brady on June 17

As further evidence that leaders are nervous, multinational companies are planning to send fewer employees on global assignments this year. According to an annual survey of 180 corporations by Brookfield...

Emerging Global Hot Spots for Retailers

Posted by: Aili McConnon on June 16

While most retailers have slowed or stopped expansion in the U.S, it may be a good time to move into emerging markets according to A.T. Kearney’s eighth annual Global Retail...

At CEO Summit Leaders May Begin to Repair Tattered Reputations

Posted by: Nanette Byrnes on June 15

Today, CEOs of Microsoft, Ford, Delta and other major corporations will begin their National Summit in Detroit, an attempt (some say late) to show some leadership on the broader issues...

Cigarette Packs Go Graphic as FDA Gets Tobacco Oversight

Posted by: Nanette Byrnes on June 12

Congress has just given the Food & Drug Administration oversight over the Tobacco Industry, but though one big cigarette maker, Altria, supported the move generally, new rules on warning labels...

P&G's New CEO: Business As Usual

Posted by: Roger Crockett on June 10

Okay, it’s finally official. Procter & Gamble confirmed today that renowned chief executive A.G. Lafley will pass the baton to current COO Robert A. McDonald. McDonald takes over July...

Should Wal-Mart sell cigarettes?

Posted by: Aili McConnon on June 10

During Wal-Mart's recent annual shareholders' meeting, vice chairman Eduardo Castro-Wright said the retail giant might stop selling tobacco products in its stores, according to Convenience Store News. Why? Selling...

Readers: What Makes You Optimistic?

Posted by: Michelle Conlin on June 05

For our summer double issue here at BusinessWeek, we are putting together a special report on the Case for Optimism. We want to hear what is making our readers...

GM's First Bailout Came from Delaware, not DC

Posted by: Matthew Boyle on June 01

Reading all the hand-wringing stories today about General Motors' bankruptcy, one wonders how such a corporate titan could fall so far, so fast. But what most of these stories don't...