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Heinz is jettisoning its old squeeze pouch individual ketchup packets for a new design the company touts as easier to open and less prone to splatters. But can improving the consumer ketchup experience also influence the bottom line?
Facing increasing restrictions and protectionism in foreign markets like the U.S., Indian IT firms have adopted a new strategy: Hire more workers locally.
Already recognized as a business process and IT powerhouse, Bangalore has a new aspiration — to become the innovation hub in Asia. What will the city and stakeholders need to do to achieve this goal?
In a surprising turnabout, Germany’s industrial giant, Siemens, no longer will make most nuclear energy generating equipment. Is nuclear energy on the ropes?
Saudi Arabia and other Middle Eastern countries are investing in social programs in an effort to boost citizen well-being and temper tensions that could lead to more uprisings. But a new report cautions that their efforts don’t address the long-term nature of the problems that spurred the Arab Spring.
By splitting its business into two companies — one for streaming content and the other for mail-order DVDs — Netflix has further angered customers who have already faced price increases for both services. What’s more, according to research by one Wharton expert, companies who depart from their original businesses tend to suffer consequences.
The automobile industry is often considered to be a proxy for a nation’s economy. Nowhere is this truer than in India today.