The new CEO Steve Ritchie of Papa John’s recently
wrote a letter to its employees, franchisees, and customers detailing the
substantial steps Papa John’s intends to take to repair a reputation that has
fallen over the past year. In his letter, he stated that the company’s
leadership team had already completed the first step in the plan which was to
do among themselves an “unconscious bias training.” He then stated that he and others in the leadership would be
visiting various franchises throughout the company in the following months.
He also stated that Papa John’s was assembling an
advisory team of diversity, equity, and inclusion experts. To the end of
reputation repair, Papa John’s is even now
developing a new minority-owned franchise expansion and development program and
a new foundation focused on positively impacting communities with Papa John’s
restaurants. But Ritchie is clear that these organizations in development are
only the beginning of taking the company back to its values. Ritchie is not new
with the pizza world. He has been highly involved in it for more than
In his role as PJ’s CEO, he will be leading
120,000 corporate and franchise employees all over the world. He also fully
realizes that he is responsible to the company’s partners, custumers, and
communities. While its profitability is
going up at this present time, it is still somewhat below what it was a little
over a year ago. Ritchie believes that although recovery will be slow, Papa
John’s will eventually get to where it wants to be. His sights are in
particular set on attracting Millennial and Gen Z customers. Sadly, prior to
getting to this point there may be store closures in the coming months.
Throughout most of 2018 and throughout all of the
coming year there will be a reduction of royalties, foodservice pricing, and
online fees. In addition, it has hired Victoria Russel for its new Chief of
Diversity and Inclusion role.
E-commerce billionaire and Chinese internet star, Richard Liu Qiangdong, is a man with an impressive story to tell. For starters, he wasn’t born with a silver spoon in his mouth. He had to earn each and every dollar on his current $12.7 billion net worth, which makes him one of the richest men in the world today. But the road hasn’t been this rosy for Richard Liu Qiangdong. During the most recent World Economic Forum Annual Meeting, where he was in attendance, the billionaire gave a brief history of how his journey was riddled with setbacks as well as trying moments. He began his journey in the business world as a restaurant owner.
Unfortunately, the business didn’t take off as expected. Knee deep in debt and in despair, Richard Liu Qiangdong didn’t give up. He instead took a job as a salesman dealing in medical related products. Once his debt was cleared, Richard decided to give entrepreneurship yet another try. But this time around, he went forward with another venture, which involved the sales of electronics. Thankfully, this business picked up quite well. But by 2003 the SARS pandemic hit which resulted in the crumbling of thousands of businesses. Thankfully, Richard Liu Qiangdong was fully prepared. And as a result of this, he quickly switched his business to an online platform. By 2004, JD.com was founded and from there, everything seemed to have picked up quite well.
Ten years later, the online company was publically traded in NASDAQ and by 2016, it was raking annual revenues of close to $35 billion. Richard Liu Qiangdong always made sure that his company was dealing with legit businesses. And that’s exactly why his company has grown to become a $60 billion empire with well over 167,000 employees all across the globe. JD.com is also known for having well over 500 logistics stores in China alone. The 2017 Variety500 Honoree also made sure the delivery time was greatly improved. For starters, a lot of businesses took a lot of time to deliver their goods to customers. But with JD.com, they only take about 6-20 hours to deliver which is quite impressive. And at this point, the rest of their competitors can only play catch up. Learn More.
Not many companies that operate on the global platform can effectively exploit and benefit from every business opportunity as OSI Group does. One area that OSI has utilized is the food processing and production sector. OSI is among the 100 top leading companies in the world that offer diversified, high quality and budget-friendly food products. OSI has made many acquisitions over the years however, it is the recent acquisition of Baho Food that has grasped the attention of many consumers and investors in the world.Baho Food is a private company based in the Netherlands that is widely known for the production of quality meat products and other related goods for retail industries and food service providers.
It is widely known for providing deli meats and snacks among other food products. This is a deal that not only OSI Group LLC clients have welcomed with opened hands but also its entire management and employees.David G. McDonald who is the chief operating officer and president of OSI confirmed the news saying that it was a great business transaction and an idea to add Baho Food to its chain of business. David went on to say that Baho Foods meets the food provider’s missions and objectives and the high quality brand compliments the firm’s portfolio of products and services. He also feels that the deal will also motivate the company and its entire fraternity to improve and strengthen its food production and delivery endeavours.
The good news for OSI Group is that Baho Foods has been in the market for a number of years and has five affiliates. In addition, it also has world-class food processing plants in the Netherlands and Germany. Generally, Baho has been serving customers in more than 18 European nations. The good news for Baho Foods management is that they will remain a part of the business entity and work together with the OSI management.John Balvers, the managing director of Baho Foods said that the company and its executives are pleased to join OSI and building an outstanding relationship. Mr. Balvers feels that Baho is privileged to enjoy such as an opportunity and leverage on the experience and abilities of OSI Group. This acquisition presents OSI an opportunity to reach a wider and new clientele base that will help both companies realize their dreams.
It was common in the past to work for a single company for the entire length of one’s career but not so common nowadays. David McDonald is someone that has made that decision to work for just one company and it landed him in the positions of chief operating officer, president, and a seat on the board of directors. He has worked for OSI Group LLC since graduating from college in 1987.His company is one of the world’s largest food producers with customers ranging from industrial, grocery store private-label, and restaurants. He oversees a vast global supply chain that includes suppliers, over 65 food production facilities, and transportation to their customer’s locations.
David McDonald says that while his food company is global in scope they also work closely with local food providers so that all of their customer’s needs can be efficiently met.OSI Group has often grown by acquiring other companies in the food industry. David McDonald usually handles these acquisitions. This was the case when his company recently bought Baho Foods. This is a Dutch firm that offers deli meats, marinades, sauces, and other processed food products to their customers. He said that his company bought Baho Foods because it gave them access to new markets and both companies offer similar products.
In an interview, he extolls the benefits of getting food from OSI Group. David Mcdonald says the key business vision of the company is to always exceed customer expectations. What helps them meet this goal is that they have remained a private company. This gives them the flexibility to take their time and establish solid relationships with their suppliers, customers, and other stakeholders. He has never doubted in this vision he said.Based near Chicago, OSI Group is expanding its operations in Europe, Asia, and in North America. In order to support its expansion in North America, they recently bought a food processing plant that was slated to be closed by Tyson Foods. David McDonald says that he was able to negotiate with Tyson Foods and buy this plant at a reasonable cost. This saved the jobs of 500 people who otherwise would have become unemployed.
Economist Ted Bauman has been feeling less confident about the overall US stock market. It is one of the longest bull markets in history and it may have just about run its course. Ted Bauman was born in the United States and traveled to South Africa when he got older in order to earn a degree in economics. He has worked many years assisting those in need all over the world. Much of his written work has been published in journals in many different countries. He gained experience in low-risk investing strategies over his many years living in South Africa and feels it is the best way for investors to make money in the markets. His current view of the United States stock market is bleak.
He does not put a date to a market crash scenario, but he does list factors that Bauman believes that he could drive the United States into a recession and a bear market in equities.One factor that could end the bull market in US stocks is that the market is extremely overvalued. Ted Bauman is not the only a famous economist who believes stock valuations in the US are at extremes. Eventually, more investors will realize that stocks are too overvalued, and they will run for the exits at the same time, causing equity prices to plunge rapidly. Another factor that could cause a bear market and push the US into a recession is the current trade war with China and the US.
Mr. Bauman has stated that China could end up retaliating against US companies and hurt their earnings. Ted Bauman also feels that interest rates could cause the bull market to end. Currently, interest rates are still historically low. However, there is a lot of debt in the financial system and many financial investment analysts believe that the US economy will be unable to handle rates higher than three percent.Ted Bauman currently writes three newsletters for Banyan Hill Publishing. He provides his subscribers with advice on how to invest properly. He feels that average people should be allotted the same opportunities as the super-rich. Bauman advises investor that now is a time to take cation n the markets and to focus on low-risk investing strategies and wealth preservation.
Logistic experts have expressed their concern on Telsia motors founder Elon musk project of the subterranean tunnels freight transport system, and its widespread adoption. However, China’s giant e-commerce company, JD.com has announced its plan to launch a similar urban underground tunnel to deliver parcels to consumers and businesses.The announcement was released at the JD. Com’s 2018 global smart supply summit in the Chinese capital Beijing. The company announced it plans to roll out its smart urban logistics which will develop a design for urban hubs as well as top-level plans for the logistic system as well as to come up with platforms for big data and cloud computing for the logistic system.
The organization will constitute the business and academic experts from Nankai University, Institute Of Comprehensive Transportation, Beefing Jiao Tong University, Wuzi University, Shanghai Maritime University, and Sino Tran & CSC.The first item on this development is determining whether the underground system can utilize the subterranean tracks together with the integrated municipal pipe corridors. JD. Com has maintained even though the project sounds far-fetched; it is justifiable due to the high cost involved in last mile fulfillment of services in urban centers.Presently, the freight at JD makes a significant input to urban traffic emission, and consist of a third of the total road capacity as research papers from JD.com company indicates.
Chinas high rate of urbanization is likely to exacerbate the situation and cause intense environmental changes and pollution, which can disrupt people’s lives, as the firm stated.If the company succeeds in establishing a ground network delivery system, it will enable the urban logistic operation to be environmentally friendly as well as improve its efficiency, while at the same time preserving above ground space that traditional logistics system would occupy.Chen Xian Sheng, the Chinese Academy of engineering current director, said most smart and effective urban centers usually make the best use of their available resources and space. He mentioned that when he was launching the new institute of research. The development of the underground logistic system will not only help to alleviate environment pollution but save urban space as well.
Stream Energy is an energy companyheadquartered in Dallas, Texas. They also serves Pennsylvania, New Jersey, Georgia, New York, Illinois, and Washington D.C. They have been in business since 2005. The company advanced efforts to Georgia during 2008. By 2010 they had advanced to the Northeast. The services they provide their customers include energy and gas.
Hurricane Harvey devastated Houston residents and businesses that were affected by the storm. Stream Energy made the decision to help aid the damage of Hurricane Harvey. Countless buildings and homes were flooded and were in need of repair. Stream Energy donated fundsto help those affected by the hurricane. The company also preformed charity work to help those affected. They have their own philanthropy group called “Stream Cares.” Their organization is for the purpose of giving back to the community. They aim to give back across the United States, not just in Dallas, Texas.
They partnered withHope Supply Co. following the effects of the storm. Their goal was to donate to the victims of Hurricane Harvey. The company has been involved in philanthropy since the begging of their foundation. Their goal is to be of assistance to the community and the neighboring cities. Often times when a corporation decides to dedicate a portion of their resources to philanthropy, there are usually some challenges associated. Stream Energy has been able to remain a reputable business and receive revenue, while providing the community with charitable services. By their charitable acts, they have received the loyalty and respect of the Dallas, Texas community.
According to statistics from 2016, corporate business in the United States donated a total of $19 billion. Stream Energy has business relations with organizations such as Habitat For Humanity and the Red Cross. The company’s business model is simple and condensed in order to remain in business while managing all efforts.
Talos Energy LLC is a publically traded firm that explores, develops, and produces oil and natural gas from its properties located in the Gulf of Mexico and along the Gulf Coast. They were established in Houston, Texas, in 2012 by entrepreneur Timothy Duncan who is the chief executive officer and president. The management team has decades of experience when it comes to exploring and recovering oil and natural gas from offshore sites using innovative techniques.
It was announced on August 16th that Talos Energy had acquired six deepwater and eight shallow water locations it was bidding on. The sale was held by the Bureau of Ocean Energy Management. The team at Talos Energy won all 14 bids it had placed which involves about 75,000 acres. In total, they paid $5.3 million for the right to these sites. They have a seven-year lease on two the deepwater sites and a five-year lease all of the remaining ones.
In other recent news, Talos Energy acquired another company in the oil and gas industry which was announced on September 4th. They acquired Whistler Energy II and the transaction was for $52 million. As part of this deal, $77 million in cash that Whistler had on hand for their surety bonds was released. This means that Talos Energy came out of this deal with an additional $31 million as well as $7 million that Whistler Energy II had when the acquisition was completed.
In July 2017, the team at Talos Energy made what is referred to as the Zama discovery. This discovery of a vast reserve of oil and natural gas was made in Mexico’s offshore waters. Because of this discovery, the Association of International Petroleum Negotiators awarded Talos Energy with their Discovery of the Year award. The Zama location was the first offshore exploration well in Mexican waters ever by a privately held firm. It holds somewhere between 1.4 and 2 billion barrels of oil which is in offshore waters that are 165 meters in depth.
This article is recapping an article by Malcolm CaSelle “Worldwide Asset eXchange” or (WAX) for short, is a platform that is withdrawn. This allows anyone to participate. They are taking part in a marketplace for virtual game assets. Here they are demonstrating the power of tokenizing the items that are in the game.
WAX has many different things it completes. They make transaction costs smaller. They also, form marketplaces for games that weren’t allowable before to fractionalize player profits and transfer assets from exchanges that were centralized. Tokenization is a way to allow ownership of assets that are virtual. This forms a modern, and accessible economy. It has a possibility to expand into areas that are physical.
Currently, Worldwide Asset eXchange has innovations that are very powerful. The innovations currently develop a new asset ecosystem, that couldn’t have been exchanged before. WAX will be in a position of strategy to physical asset groups to their platform onboard. This is as virtual items are traded successfully.
The President of WAX is Malcolm CasSelle. He is also the CIO of a marketplace called OPSkins. Here are some examples of the many jobs CasSelle worked for. One of them was OPSkins , a first-choice marketplace of both selling and buying items from video games online. Even before, he was the CTO and President of at a company called CTO. Also, CasSelle became CEO at Timeline Labs. This is a high solution to measure, display, and discover engaging content formed on social signaling.
Malcolm CasSelle began his job life as at a telecom called PCCW that was based in Hong Kong. In excess, it was currently valued at $35 billion USD. CasSelle, is bilingual and speaks two languages: Mandarin, and Japanese. He also has degrees from both Stanford University and MIT in Computer Science.
Online dating apps relieved pressures of women by providing solutions that are low risk when they want to know someone.
Whitney Wolfe is the founder of Bumble, a dating app that’s powered by women. Wolfe realized that the users of the app were using it to make friendship besides dating. To make it easier for the users, she created Bumble BFF.
Bumble BFF is a section in the Bumble dating app. To use it do the following:
• Download Bumble dating app
• Sign up using Facebook, log in your Facebook account and the app will access the information and photos. It’s private so, your Facebook friends will not know.
• Create a basic Bumble profile after you log in and start connecting with people within your area as the app suggests. Change to Bumble BFF mode.
• The app will disable the algorithm of dating, and you can start connecting with people and make friends.
Bumble BFF created for women, and nearly all of its employees are female because they understand the challenges other women. Whitney Wolfe designed BFF as a means of making friends. Whitney Wolfe is an entrepreneur from the United States. She is the chief executive officer and founder of Bumble. She co-founded a dating app called Tinder. Bumble and Tinder are the fourth and first dating apps that are most popular.
In 2014, she was named as Business Insider site’s 30 Most Important Women who are Under 30 In Tech. She was also named one of Elle’s magazine women in Tech. In the year 2014, Whitney Wolf was contacted by the Badoo founder, Andrey Andreev on creating a platform for dating and the two partnered and launched Bumble the same year. Wolf studied International Studies at SMU (Southern Methodist University). She went to Southeast Asia and worked with orphanages after graduating.