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....A February 2012 document from BAT’s Group Portfolio Management Office – Strategy & Planning stated that the break-even point would be the sale of 75m sticks for year one. “The overriding objective of this project was to enter the South Sudan market in Q4 2011 and establish a viable business model with a consumer relevant brand portfolio that delivers a sustainable month on month organic volume growth with the lowest possible investment,” it says. ... [Read full article on Guardian ]
Friday 18th of August 2017 07:00:17 AM
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....A report by the Welsh assembly on how Brexit could affect ports in Wales says customs delays could have an unwelcome impact, while the route’s two ferry operators, which have previously remained silent on Brexit, told an assembly committee of their concerns for Holyhead. Irish Ferries said it feared a reintroduction of customs checks could lead “UK plc” to quickly grind to a halt, while Stena Line said any custom or border checks could disturb the whole business model for the “open port” of Holyhead. ... [Read full article on Guardian ]
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....The company, which joined the FTSE100 in December 2015, said it expected its core home credit division to make losses of up to £120m this year, having predicted a profit of £60m just two months ago. The rapid deterioration in Provident’s performance comes after a failed attempt to overhaul its century-old business model by cutting staff numbers and ramping up its use of technology. ... [Read full article on Guardian ]
Tuesday 22nd of August 2017 09:40:50 AM
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Latest Finance News related to Business Model

Doorstep lender Provident's chief quits after profit warning image
Source : Guardian [Read Article] Tuesday 22nd of August 2017 09:40:50 AM
....The company, which joined the FTSE100 in December 2015, said it expected its core home credit division to make losses of up to £120m this year, having predicted a profit of £60m just two months ago. The rapid deterioration in Provident’s performance comes after a failed attempt to overhaul its century-old business model by cutting staff numbers and ramping up its use of technology. ...
Revealed: how British American Tobacco exploited war zones to sell cigarettes image
....A February 2012 document from BAT’s Group Portfolio Management Office – Strategy & Planning stated that the break-even point would be the sale of 75m sticks for year one. “The overriding objective of this project was to enter the South Sudan market in Q4 2011 and establish a viable business model with a consumer relevant brand portfolio that delivers a sustainable month on month organic volume growth with the lowest possible investment,” it says. ...
'Potential for chaos': Welsh port fears post-Brexit customs delays image
Source : Guardian [Read Article] Wednesday 16th of August 2017 06:00:31 AM
....A report by the Welsh assembly on how Brexit could affect ports in Wales says customs delays could have an unwelcome impact, while the route’s two ferry operators, which have previously remained silent on Brexit, told an assembly committee of their concerns for Holyhead. Irish Ferries said it feared a reintroduction of customs checks could lead “UK plc” to quickly grind to a halt, while Stena Line said any custom or border checks could disturb the whole business model for the “open port” of Holyhead. ...
Intercontinental Hotel Group flying despite lack of capital - SHARE HUNTER image
Source : Daily Express [Read Article] Monday 14th of August 2017 08:35:00 AM
.... The plans for new hotel rooms should support revenue growth, even if RevPAR slows. The business model, which is light on capital, reduces risk involved in expansion and reassures that IHG can sustain its track record of raising or maintaining the ordinary dividend every year since 2004. ...
Airbnb faces EU clampdown for not paying 'fair share' of tax image
Source : Guardian [Read Article] Thursday 10th of August 2017 02:52:30 PM
....”. However, the company has endured a difficult summer in the face of growing antipathy towards its business model in popular tourist destinations across Europe, in particular Spain, for causing an influx of holidaymakers at certain locations and making it more difficult for traditional hotels. ...
Stock market crash: how Slater and Gordon became a casualty of the neoliberal dream | Richard Ackland image
....Now, so much of the neoliberal dream is more readily recognised as a hucksters’ mess of pottage and one of its casualties is the once great law shop Slater and Gordon. After bestriding the consumer end of the common law world like an ink-squirting giant squid it is now in the hands of hedge funds, led by Anchorage Capital, whose business model is to make money from distressed, debt-laden, enterprises. ...
Green & Black’s new bar shows Fairtrade is under threat. But we still need it | Lucy Siegle image
.... From animal welfare labels to organic and fairly traded there has been a proliferation of systems that claim to tame or civilise the free market. But none can ever question the central business model, which is based on more, more, more. ...
The day the credit crunch began, 10 years on: 'the world changed' image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 04:15:56 PM
....The writing was on the wall for Northern Rock from the moment the markets turned sour on 9 August. Its business model relied on it being able to borrow money from other banks and investors, and that was no longer possible in the panic-stricken conditions of August 2007, when none of the banks trusted each other. ...
Can Jack Ma, Asia’s richest man, create 1m jobs in the US? image
Source : Guardian [Read Article] Sunday 30th of July 2017 06:30:12 AM
....But there’s a key difference: while Bezos’s Amazon sells products to consumers, maintaining massive warehouses and operating a sophisticated logistics network, Alibaba’s sites are simply a medium, connecting consumers with merchants who ship through independent couriers. This has led experts to say Alibaba’s business model is closer to Google’s than Amazon’s. ...
Leasehold tycoon: man whose firms control 40,000 UK homes image
Source : Guardian [Read Article] Saturday 29th of July 2017 07:00:44 AM
.... It believes, with justification sadly, that this high-handedness is backed by law and that the tenantry – that is, the leaseholders – have no choice but to pay up. “There is almost nothing in its business model that would be unfamiliar to an 18th-century landed gentleman. ...
Toddlers dragging suitcases – this is passengers’ Ryanair revenge | Anne Perkins image
.... But Ryanair likes people to put stuff in the overhead lockers because that way the passengers do the work the company would otherwise have to pay baggage handlers to do. In the Ryanair business model passengers pay anything up to £60 for a checked 20kg bag. ...
Peak car? Driverless technology may actually accelerate car ownership image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:00:12 AM
....Given that conventional vehicle manufacturers have become key to AV developments, a large-scale shift from car ownership to car clubs and Uber-style ride sharing following automation looks increasingly doubtful. The car industry is venturing into “mobility services” like car sharing and smartphone apps for personalised mobility planning, but remains deeply locked into business models premised on individual ownership. ...
Workers’ rights need more protection in the gig economy | Letters image
Source : Guardian [Read Article] Sunday 16th of July 2017 04:37:34 PM
....Rafael Behr’s commentary on Matthew Taylor’s “gig economy” report is too kind by half (The gig economy can be exploitative – but there is no easy path to Good Work, 12 July). Both in the report and in interviews, Taylor seems more concerned to preserve the gig economy business model than worried about the resultant exploitation. ...
Rupert Murdoch ‘could use Sky data trove for political ends’ image
Source : Guardian [Read Article] Saturday 15th of July 2017 09:00:03 PM
.... The Department for Digital, Culture, Media and Sport told Puttnam it was awaiting the IC’s report into political use of data, though it is not due to be delivered until the autumn – after a Sky decision is made. David Carroll, a professor at Parsons School of Design at The New School in New York, who is involved in legal efforts to uncover how companies use individuals’ data for political purposes, said that the deal would see the UK take a big step towards “the American business model of total deregulation and total consolidation. ...
Zero-hours workers won’t be reassured by the Taylor review – I’ve been one | Poppy Noor image
.... This portrays workers as if they are a passive recipient of all of the good that zero-hours contract working provides, rather than being crucial to these companies being able to earn so much. Uber’s entire business model relies on that idea that people can grab a taxi at any point of day or night – something only made possible by drivers being on-call 24/7. ...
'Locals get first dibs': the Manchester flats banning foreign investors image
....It hasn’t made them terribly popular with estate agents, who take a percentage of a sale price. “One estate agent we spoke to was quite pissed off when he found out we were going to disrupt their business model, which is selling things abroad, wholesale,” said Higgins. ...
Uber’s practices are morally unacceptable – but a boycott won’t help | Hannah Lownsbrough image
....Politicians are right to condemn companies such as Uber, but not using the app will not solve the problems posed by the gig economy. Instead we need to use our power as customers, workers and shareholders to force tech giants to change their behaviour and their business models. ...
Big Six energy companies switch: Leave pricey legacy tariffs behind image
Source : Daily Express [Read Article] Wednesday 12th of July 2017 10:31:00 AM
....He said their loyalty is being taken for granted:. “Little is done to inform them of better tariffs and the Big Six’s business models are reliant on long - term disengagement. ...
May says she will help gig economy workers but fails to pledge new laws image
....Tim Roache, the general secretary of GMB, said the aim of the Taylor review was laudable but that it was a “disappointing missed opportunity”. “Everyone can pay lip service to wanting good quality, well-paid work but employers could offer that right here and now, they simply choose not to,” he said – claiming the exploitation of insecure workers was a deliberate part of company business models. ...
Uber is not morally acceptable, says shadow business secretary image
Source : Guardian [Read Article] Tuesday 11th of July 2017 09:29:39 AM
....He indicated that the idea was designed to avoid forcing firms into introducing shift working, which he said gig economy workers did not want. “That’s a challenge because, if people can work whenever they want to, we could be in a situation where lots of people choose to work at times of low demand and that makes that business model impossible, which means those businesses would have to have shifts. ...
May relaunches premiership with new protections for gig economy workers image
....Tim Roache, the general secretary of GMB, said the aim of the Taylor review was laudable but that it was a “disappointing missed opportunity”. “Everyone can pay lip service to wanting good quality, well-paid work but employers could offer that right here and now, they simply choose not to,” he said – claiming the exploitation of insecure workers was a deliberate part of company business models. ...
Is a car maker about to save the planet? | Zoe Williams image
Source : Guardian [Read Article] Monday 10th of July 2017 05:00:05 AM
....You’ll never know when the tipping point is – it’s possibly as little as five minutes – but think enough about electric cars, especially if you’re a car manufacturer, and wham … you’re Volvo. They were rolling along perfectly happily until they thought too hard: about their business model and benefit to society; about climate change and their future customers; and so they made the decision that all their cars would be fully electric, or at least hybrid, by 2019. ...
UK workers earning £2.50 an hour prompts call for government action image
Source : Guardian [Read Article] Thursday 6th of July 2017 09:00:07 PM
.... It is becoming ever more so. In the early 2000s, Parcelforce Worldwide had to adapt its business model to remain in business and employees were offered enhanced voluntary redundancy terms. ...
Minimum wage for the self-employed, suggests think tank image
Source : BBC [Read Article] Monday 3rd of July 2017 11:03:06 PM
...."Evidence from the Labour Force Survey and the ONS suggest that easier routes into self-employment have also led to rising workplace participation for those who have historically struggled to find a job; notably single parents, disabled individuals, and the long-term unemployed," he said. "An obligatory minimum wage would undermine the business model of many gig platforms, such as taxi, delivery or cleaning services, who would find it hard to justify paying people at times when there was no demand. ...
We have fixed issues that caused financial crisis, says Mark Carney image
....Carney said in his letter: “The largest banks are required to have as much as 10 times more of the highest quality capital than before the crisis and are subject to greater market discipline as a consequence of globally agreed standards to resolve too-big-to-fail entities. “A decade ago, many large banks were woefully undercapitalised, with complex business models that relied on the goodwill of markets and, ultimately, taxpayers. ...
Ten years after the smoking ban, vaping is a £1bn business image
Source : Guardian [Read Article] Friday 30th of June 2017 12:01:04 PM
....MacGuill adds that the value of the market is likely to increase over the next five years, especially with big tobacco companies investing heavily behind the scenes. “There’s a basic understanding inside the industry that it’s a better business model to sell a product that doesn’t kill 50% of your consumers”, he said. ...
UK in credit splurge despite pay squeeze, Bank figures show image
Source : Guardian [Read Article] Thursday 29th of June 2017 11:37:19 AM
.... Annual growth in car financing has been averaging 20% since 2012. Bailey said he had held discussions with the US authorities about car loans, because the UK market may bare some of the hallmarks of the business model used for selling vehicles on the other side of the Atlantic. ...
Tenant fees ARE a rip-off, says letting agent that welcomes ban  image
Source : Daily Express [Read Article] Monday 26th of June 2017 02:47:00 PM
...."That fact we've become the UK's largest letting agent without charging tenants admin fees is proof that the fee ban needn't spell a decimation of jobs as ARLA suggests. "We have created a business model whose success doesn't depend on these exploitative fees to tenants and it has done us very well. ...
'Why should we leave innovation to the biggest companies in the world?' image
....“Actually, it was working in financial services that inspired my Riut mantra,” she adds. “The financial regulator told banks to put customers at the centre of their business models from now on. ...
Uber and the ‘brogrammers’ feel the consequences of changing the world image
.... That tends to be governments, which the companies first ignore and then rely on to clean up the damage. There’s an arrogance at work in Silicon Valley, and it’s not just about business models, or even the treatment of women. ...
Handbags at dawn with Farfetch, the latest thing in upmarket online fashion image
....”. She believes Farfetch’s business model – it doesn’t own any of the stock, vans or warehouses that allow fabulous frocks and designer bags to be dispatched to fashionistas everywhere – now has the edge over Net-a-Porter’s more traditional approach. ...
How privatization could spell the end of democracy image
Source : Guardian [Read Article] Wednesday 21st of June 2017 08:00:25 AM
Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets image
....Therein lies the most intriguing element of the deal: Amazon, the online revolutionary, feels the need to own shops to be big in groceries. It is the reason why UK supermarkets should not conclude that their business models are broken. ...
Revealed: the Romanian site where Louis Vuitton makes its Italian shoes image
Source : Guardian [Read Article] Saturday 17th of June 2017 08:00:33 AM
.... In the 1980s the company expanded to cater to a growing middle class, and now the brand makes most of its revenue from selling large amounts of product to the middle market. As a business model, mass-produced luxury has made Louis Vuitton so successful that it has now acquired 70 luxury houses. ...
Gordon Ramsay's Brexit nightmare: chef hires team to halt rising costs image
....A spokesperson for Ramsay said the arrival of the new buying team was aimed at preventing prices from rising for customers. “The business model is aimed at avoiding regular and reactionary price changes to customers [to avoid] passing on inflationary and currency pressures,” she said. ...
Nearly 10 million Britons are in insecure work, says union image
Source : Guardian [Read Article] Monday 5th of June 2017 06:01:45 AM
.... Up to 10 million people go to work either not knowing what their hours are, if they’ll be able to pay the bills, or what their long-term prospects are. That’s a sorry state of affairs in the 21st century and a product of government’s failure to tackle bogus self-employment, the use of agency contracts as a business model and point-blank refusal to ban zero-hours contracts. ...
Tip parcel delivery drivers – and perhaps your neighbours too | Letters image
.... If purchasers kept a small stack of £1 and £2 coins by the front door, drivers delivering to 80 homes a day would be well on their way to a decent wage. Admittedly, tipping relieves the parcel companies of the need to develop a more ethical business model, but the pressure for them to do so can be maintained. ...
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Exxon shareholders back 'historic' vote on climate image
Source : BBC [Read Article] Wednesday 31st of May 2017 05:26:43 PM
.... . The resolution, filed by the Church Commissioners for England and New York State Comptroller Thomas P DiNapoli, asked Exxon to report on how its business model will be affected by global efforts to limit the average rise in temperatures to below 2C. ...
RBS could rob us of the chance to see Fred Goodwin grilled in court | Nils Pratley image
.... The litigants don’t owe future historians anything – but they’d be doing them a favour by going ahead. If you’re Ford and your market capitalisation has fallen below that of the electric upstart Tesla, you’re probably right to worry about investors’ implied judgment that your business model is vulnerable to technological innovation. ...
Billionaire makes 'biggest philanthropic gift' by living Australian image
....8bn. "We had a slightly unsustainable business model previously, where we would actually borrow money to give it away. ...
Anything to declare? image
Source : BBC [Read Article] Wednesday 17th of May 2017 11:01:47 PM
....50 from the buyer, and 10% of the traveller's payment, which is up to 10% of the cost of the product being transported. Singapore-based Ouibring has a similar business model. ...
Uber faces legal threat from union over London licence image
Source : Guardian [Read Article] Tuesday 16th of May 2017 04:27:11 PM
....The GMB said it would apply for permission to seek a judicial review of the licence agreement if TfL did not apply the new conditions. The union argues that Uber’s current business model in London necessitates drivers working excessive hours “to the detriment of the health and safety of Uber drivers in London and of other road users”. ...
Aldi plans to open up to eight stores in some UK towns image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:56:14 PM
....8%, respectively, in the 12 weeks to 23 April, according to Kantar. Barnes said it would not let British shoppers “fall out of love” with Aldi, highlighting a business model “that enables us to survive off a much lower margin than anyone else”. ...
Deliveroo overhauls controversial courier contracts image
Source : BBC [Read Article] Thursday 11th of May 2017 06:19:40 PM
....The clause was legally unenforceable. However, the Labour MP Frank Field called it "egregious", adding: "It does seem a business model if you can get away with it. ...
European court aide rules Uber is a transport company image
Source : BBC [Read Article] Thursday 11th of May 2017 11:05:00 AM
....But it still regards the rules in many areas as "outdated and disproportionately restrictive". It maintains that it's a different kind of company to traditional taxi firms, with a new business model, and it says laws should be updated to take that into account. ...
Tory claims over energy price cap are just hot air | Nils Pratley image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:46:24 PM
....It’s a point of view, and few hearts will bleed for the suppliers. For 20 years, they’ve run a business model that gives loyal customers the worst prices – a “tease and squeeze” tactic. ...
Uber should lose its licence if it doesn't improve workers' rights, say drivers image
....Steve McNamara, the general secretary of the LTDA, said organisation had written to TfL setting out a legal challenge against the renewal of Uber’s licence on the grounds it was not a fit and proper operator and was jeopardising public safety. McNamara said: “Uber’s aggressive business model forces its drivers to work dangerously long hours in order to make ends meet, putting passengers and other road users at risk. ...
The Conservatives' energy price cap is not a strong and stable long-term policy image
....These are the tariffs that customers roll on to when their cheaper fixed deals come to an end, and they are the reason for customers overpaying by more than £1bn in aggregate, according to government research. The dominance and business model of the big six suppliers – British Gas, EDF, E. ...
City banks could move at least 9,000 jobs from UK due to Brexit image
Source : Guardian [Read Article] Monday 8th of May 2017 04:41:23 PM
....The triggering of article 50 by Theresa May in March sparked a wave of announcements, because only two years are permitted for the Brexit negotiations. A report on Monday called for a transition period for banks and other financial firms, in order to adapt their business models to a departure from the EU. ...
Move over Mulberry image
Source : BBC [Read Article] Wednesday 3rd of May 2017 11:22:13 PM
...."I've never seen a cultural shift like this in the marketplace, and it's giving me whiplash," says Frank Zambrelli, co-founder of 1 Atelier, a New York-based handbag company. To avoid the sky-high prices of a fully bespoke service, which would see customers be able to follow their every whim, most design-your-own handbag firms - such as Mon Purse - instead use the "mass customisation" business model. ...
Tata deal with Liberty House saves 1,700 UK steel jobs image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 11:40:38 AM
....Gupta said the deal represented “a big vote of confidence in the future of British industry”. He added: “With the right business model and an innovative approach, the UK steel and engineering sectors can recover and thrive. ...
Hundreds of IT contractors left unpaid as payroll company ceases trading image
....”. The viability of the company’s business model had been questioned by others in the sector. ...
MPs call for end to 'bogus' self-employment image
Source : BBC [Read Article] Sunday 30th of April 2017 11:00:07 PM
Uber to offer UK drivers sickness cover in return for £2-a-week fee image
Source : Guardian [Read Article] Thursday 27th of April 2017 12:51:55 PM
....Uber was last year hit by an employment tribunal ruling that its drivers were wrongly classified as self-employed and should be classed as “workers”, a status that would grant them rights to sick pay, holiday pay and a guarantee of the national minimum wage. It has tried to play down the impact of the ruling, although it is widely considered to be a fundamental threat to Uber’s current business model in the UK. ...
Swinton insurance cuts 900 jobs as customers switch to online image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:06:32 PM
.... Our approach today, which is based on a high contact strategy, no longer meets our customers’ needs. “While branches continue to be an important part of our multichannel business model, we need to ensure that we can interact with customers whenever, and however, they choose. ...
Car insurance model will not help energy market, says charity image
Source : Guardian [Read Article] Wednesday 26th of April 2017 02:52:40 PM
....Robert Buckley, an analyst at energy consultancy Cornwall, said the proposal was “definitely worthy of serious consideration” and could lead to more engagement from billpayers. Comparison sites, which have a business model dependent on competition and people switching, said the Scottish Power idea was far better than a price cap. ...
Machine learning image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:29 PM
.... Financial services could become increasingly automated and law firms may use machine learning to carry out basic research. Routine tasks will be done faster, challenging business models that rely on charging hourly rates. ...
Wikipedia's Jimmy Wales creates news service Wikitribune image
Source : BBC [Read Article] Monday 24th of April 2017 11:50:10 PM
.... . This might discomfort many a grandee in the news profession; but if the man from Wikipedia provides a business model that sustains top notch reporting, they might thank him eventually. ...
Growth in unpaid full-time internships raises fears for social mobility image
....Labour MP Justin Madders, a member of a cross-party group on social mobility, said companies who did not pay interns for long periods of work were guilty of exploitation. He said: “It sounds like these companies’ business model is predicated on getting people to work for nothing. ...
Sky announces HBO co-production deal image
Source : BBC [Read Article] Thursday 20th of April 2017 07:23:20 AM
...."This is the golden age of TV, or maybe the second golden age of TV, and one of the reasons for that is the amount of money being put to work in terms of high-end drama and high-end production by the likes of Sky," he said. "If you go back 10 or 15 years, a lot of Sky's business model, certainly in the UK, was based around paying up for the footie and hoping to draw in subscribers on that basis. ...
Government cap on energy prices would spark backlash | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:12:57 PM
.... Fine in theory, but in practice companies are supposed to duck and weave and buy their energy on different contracts to gain a competitive edge. In a new world, suppliers may decide the approved business model is the only safe one. ...
Morgan Stanley profits jump on bond trading growth image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:27:31 PM
...."All our businesses performed well in improved market conditions. We are confident in our business model and the opportunities ahead, while recognizing that the environment remains uncertain. ...
Financial watchdog to investigate car finance market image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:47:47 AM
....According to Sandy Burgess, chief executive of the Scottish Motor Trade Association, that could lead to a market in used car finance deals, allowing drivers to take on cars from the age of two or three for a further two years or so. He also told BBC Scotland that he foresees the business model developing to the point that car manufacturers do not lease one car, but provide a service for a monthly fee, for which drivers can choose from a range of car types. ...
Brexit, PPI and high cost credit are top priorities for City watchdog image
Source : Guardian [Read Article] Tuesday 18th of April 2017 05:32:29 PM
....”. Bailey, a former Bank of England deputy governor, said the FCA intended to maintain its good relationship with other EU regulators after Brexit and would be alert to firms that may try to create complex business models in an effort to gain access to the 27 remaining countries in the EU. ...
Overbooked seats: it’s a bad way for airlines to do business | Letters image
.... Tosh. Do theatres book seats twice because sometimes people don’t show up? Does London’s Festival Hall sell 110% of its tickets? Airlines rely on selling more seats than they really have, just as they rely on many other devices to wring more money from passengers, because their business model is wrong. ...
Netflix nudges 100m subscribers but what next for the streaming giant? image
Source : Guardian [Read Article] Saturday 15th of April 2017 09:00:21 AM
....Netflix is on the cusp of reaching the 100m subscriber mark as productions such as The Crown and Stranger Things lure viewers away from cinemas and TV schedules in binge-watching droves. The company, which started as a mail order DVD outfit two decades ago, could pass the benchmark as soon as next week in another symbolic blow to Hollywood studios and network broadcasters who are frantically adjusting their web-ravaged business models. ...
How the beery vision of brewing a small fortune can fall flat image
Source : Guardian [Read Article] Saturday 15th of April 2017 08:59:21 AM
....Hawke is also concerned about the increasing number of wannabe brewers crowdfunding their way into the industry. “It’s a largely unregulated and unknown way of investing used by people who a bank wouldn’t lend to because they don’t have a sound business model,” he said. ...
Uber allegedly used secret program to undermine rival Lyft image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:10:45 PM
.... It is currently in the midst of a sexual harassment investigation prompted by a blogpost from a former employee, even while it continues to fight regulators when it expands into new cities and services. And ticking under its entire business model is a long-running dispute about the nature of its relationship with its own drivers: whether they are considered employees, contractors, or workers has enormous implications for how long its disruptive model can last in the real world. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
....Uber enters a city without seeking permission from regulators or officially clarifying its position. When questioned, the company has argued that existing regulations do not apply to its business model. ...
Wells Fargo takes back $75m from ex-executives after fake accounts scandal image
....The bank’s board clawed $75m in pay from former CEO John Stumpf and community bank executive Carrie Tolstedt, saying both dragged their feet for years regarding problems at the second-largest US bank. Both were ultimately unwilling to accept criticism that the bank’s sales-focused business model was failing. ...
Cut price image
Source : BBC [Read Article] Sunday 9th of April 2017 11:18:58 PM
....It revolutionised more than shaving. Gillette's blade led to a business model that has become ubiquitous in the modern economy. ...

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