Gillette’s new ad isn’t about shaving. It’s about men in the age of #metoo

San Francisco (CNN Business)Gillette’s newest advertisement isn’t about shaving, or beards or personal hygiene. “We expected debate. Actually a discussion is necessary. If we don’t discuss and don’t talk about it, I don’t think real change will happen,” Pankaj Bhalla, Gillette’s North America brand director, told CNN Business. He said…

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The future of Ikea: Small stores in big cities

New York (CNN Business)Ikea is ditching its famous Swedish meatballs and cavernous blue-and-yellow stores to crack big cities. “Retail is changing as we speak,” Ikea’s US chief Lars Petersson told CNN Business. “Urbanization is going on very fast.” In response, Ikea has been investing in online pickup services, digital fulfillment…

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Trump dims hopes of China trade deal with fresh tariff threat on Apple phones

Washington (CNN Business)President Donald Trump appears to be shutting the door on a temporary ceasefire in an ongoing tit-for-tat trade war with China just days ahead of an upcoming summit in Argentina. Trump said in the interview that could include tariffs on Apple products imported from China, including iPhones and…

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The battle is over: Campbell Soup and activist investor reach agreement

New York (CNN Business)The vicious fight for control of Campbell Soup is over. Loeb added that “Third Point looks forward to working collaboratively with Campbell to improve value for all shareholders.” Former Gerber CEO Kurt Schmidt and Comscore president Sarah Hofstetter will join the current leadership team after the company’s…

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China’s currency just hit its lowest level in a decade. What’s next?

Hong Kong (CNN Business)China’s battered currency is trading at its lowest point since the global financial crisis, leaving investors asking how much farther it might fall. “Investors will be thrown out of their comfort zone,” said Kevin Lai, a Hong Kong-based economist at investment bank Daiwa Capital Markets. “When it…

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SoftBank punt on WeWork office space hub is risky business

Workspace company makes substantial losses and providing short-term office space is notoriously cyclical WeWork, according to the founders blurb, is a place you join as an individual, me, but where you become part of a greater we. A place where were redefining success measured by personal fulfilment, not just the…

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