The appointment of former Dolce & Gabbana executive Federica Marchionni as CEO of Lands' End in February 2015 struck some as an unusual match and the results on her performance and management style have been mixed thus far. "When people talk to me, I challenge them. They used not to be challenged. And I strive for the excellence," she said.
Donald Trump's personal brand and presidential ambitions are based on his business dealings, but a closer look at his companies shows a pattern of Trump expanding into areas outside his expertise, sometimes with disastrous results. Labor disputes, litigation and rocky relationships with corporate heads such as Carl Icahn add further layers of detail -- not all of it positive -- to Trump's public image as a dealmaker and savvy corporate mind.
Preschool students at an Illinois school have written and illustrated two storybooks as part of a two-month project about story elements. After studying author Mo Willems' books, students wrote the books, learning about characters and plot to develop stories using Willems' character, "Pigeon."
Since 2007, 14 countries worldwide have grown their debt-to-GDP ratios by more than half and total global debt has risen US$57 trillion, forming an overhang that threatens stability, writes author and former banker Satyajit Das. Led by Japan with a debt level at 400% of GDP, more than 20 countries have levels topping 200%, and debt has grown globally for households and businesses as well as governments.
The grocery market in Des Moines, Iowa, has gotten even more competitive since last fall, with The Fresh Market, Fresh Thyme Farmers Market and Natural Grocers opening in an area that was already home to retailers including Whole Foods Market and Trader Joe's. "I am not sure the market can support all these places," said Paul Rottenberg, president of Orchestrate Hospitality, which operates Gateway Market in the area.
Study data from 56 hospitals in Australia and New Zealand showed about 30% of malnourished patients ate less than 25% of the food served to them, and malnourished patients had a 1.5 times higher risk of death within 30 days of admission than those who were well-nourished. Researchers said about 20% of well-nourished patients ate less than a quarter of their food and had a more than 2.5 times higher risk of death.
Twitter is hoping to draw video advertising dollars to its platform as a way of boosting revenue, but some brands prefer Snapchat, Facebook and YouTube for now. Twitter is "not yet at the forefront of the video content conversation," said Spark's Shelby Saville, whose company works for firms such as ConAgra Foods.
Gucci Creative Director Alessandro Michele has used the brand's digital channels to tell stories that are resonating with aspirational and luxury shoppers. "They have brought to life their world -- it's curated in a way that it represents the life of the Gucci woman in a very smart and subtle way, while still making the consumer feel that they want to live in this world," said Ian Schatzberg, president of digital creative agency Wednesday.
SAM Labs aims to get children ages 7 or older interested in Internet of Things technology with its learning kit, which enables children to build gadgets and explore the world of electronics. The company got its first 800 customers on Kickstarter and has now raised $4.5 million from investors to continue its mission.
The FDA is facing a lawsuit from Eagle Pharmaceuticals challenging the agency's denial of a seven-year orphan drug marketing exclusivity for the company's cancer drug Bendeka. The suit argues the FDA violated the Administrative Procedure Act by asking Eagle to show the superiority of the drug to Cephalon's Treanda, which had already been approved. The company is asking the US District Court for the District of Columbia to grant Bendeka orphan drug exclusivity and prevent the FDA from granting approval to drugs within Bendeka's exclusivity until Dec. 7, 2022.
CNN's prime-time ratings have more than doubled this election season, with the network averaging 435,000 viewers per night, Nielsen reports. "We have added many more middle-of-the-road conservative voices to an already strong stable of liberal voices. And I think that we are a much more balanced network and, as a result, a much more inviting network to a segment of the audience that might not have otherwise been willing to come here," said CNN President Jeff Zucker.
The Secret Service is proposing a taller fence around the White House. The 11-foot fence with a concrete foundation would be 5 feet taller than the current barrier and would be outfitted with "anti-climb features" and "intrusion detection technology."
ConocoPhillips has scrapped plans to drill two last deepwater wells in the Gulf of Mexico. "In this price environment, we don't feel it's prudent to continue allocating capital to new deepwater prospects," said Alan Hirshberg, executive vice president of production, drilling and projects. Hirshberg also confirmed that the Melmar prospect, drilled with partner Hess, proved to be a "dry hole" that drained $70 million from the company's earnings.
Columnist Francis X. Clines writes about the rising number of guns being found nationwide at Transportation Security Administration airport checkpoints. A record was set the week of April 18, when screeners found 73 guns, 68 of them loaded. "In many cases, people simply forgot they had these items," said a TSA blog post.
Expedia is not standing idly by as three major chains work to build direct bookings through lower rates than they give the online travel agency, Expedia CEO Dara Khosrowshahi said. Hotels will fare better if they cooperate with such new Expedia moves as linking users from Expedia to hotel websites, he said.