Auto industry groups have warned that if the Trump administration imposes tariffs of as much as 25% on imported cars and parts, US jobs will be at risk and the cost of automobiles will go up thousands of dollars. The Motor and Equipment Manufacturers Association said it was "alarmed and dismayed" that a Commerce Department report with recommendations on auto imports was being kept secret.
LG has formed a partnership with smart oven startup Tovala, which also sells pre-assembled meals. By using Tovala's app, LG oven owners will be able to scan data from Tovala's meals, and the oven will automatically adjust to the proper settings to prepare them.
Government officials in Morocco are encouraging the teaching of French in formal education, and have proposed that the language be used to teach science, math and technical courses. The country's official languages are Arabic and Amazigh, but French is used in business, higher-education institutions and government, and some officials tout the benefits of increasing proficiency.
JPMorgan Chase will introduce digital currency to let clients accelerate transactions. Each "JPM Coin" has a face value of $1 and runs on proprietary blockchain technology Quorum.
Kroger is working to build an all-inclusive grocery service model while attempting to limit any loss of its customer base to digital competitors, Hilary Milnes writes. "It's a lot of complexities that we face, and in response, we're putting together a new ecosystem that makes it effortless for customers to get what they want when they want it," says Matt Thompson, Kroger's vice president of digital.
The World Health Organization reported that the number of measles cases worldwide totaled 229,068 in 2018, nearly two times more than in 2017, and that figure is expected to rise as final reports from the year trickle in. The organization said vaccine coverage has stalled at 85%, well below the 95% threshold required to prevent outbreaks, and second-dose coverage is 67%.
State Farm, Wendy's, the NFL and Uber Eats are among brands tapping into the tremendous popularity of online video game "Fortnite" through organic campaigns, sponsorships and branded content. "Epic Games are actively engaging with top-tier brands across the entire spectrum of pop culture such as music and movies," Paul Lammert of Colle McVoy says.
Karl Lagerfeld, the prolific designer who reinvented Chanel after taking over as creative director in 1983 and also developed his own fashion brand, has died at age 85. "Thanks to his creative genius, generosity and exceptional intuition, Karl Lagerfeld was ahead of his time, which widely contributed to the House of Chanel's success throughout the world," Chanel CEO Alain Wertheimer said.
Apple is overhauling its corporate governance and realigning its priorities as part of an effort to reduce its dependence on the iPhone and diversify its business with a focus on services. The company has hired or promoted new executives to its artificial intelligence, services, retail and hardware units during the past few months, and has also hit the pause button on multiple projects, most recently cutting 200 jobs from its autonomous vehicle division.
Final versions of two regenerative medicine guidance documents have been published by the FDA. The guidances confirm that sponsors can apply for and get breakthrough and regenerative medicine advanced therapy designations for a product and that gene therapies could be included in the RMAT pathway.
Verizon has tapped CEO Hans Vestberg to become its board chairman as of March 8, replacing Lowell McAdam, who will retire after having served seven years in the position but will stay on the board until the May 2 shareholders' meeting. The company also named former Darden Restaurants CEO Clarence Otis as lead director.
Building a social media presence, developing content that reflects your company's culture, asking for help from current employees and using technology to attract potential hires are the keys to a successful digital recruiting strategy. User-friendliness and mobile accessibility are also important considerations for candidates looking for a job online.
The Interior Department leased over 1.5 million acres for drilling in 2018 with a new high of $1.1 billion in lease sales, but President Donald Trump's rush to open up more land for oil and natural gas projects has drawn the ire of environmentalists and some lawmakers. Bobby McEnaney of the Natural Resources Defense Council says government officials' efforts "to lease as much as they can as fast as they can" risk the integrity of areas that are "too sensitive to drill."
Opportunity, one of NASA's Mars rovers, has been silent since June, and after sending one last call to the robot Tuesday with no response, NASA says Opportunity is dead. The rover had been working on Mars since 2004, even though its original mission was intended to last three months.