Warren Buffett is reported to have given his rationale for why he "liked" the cigarette business to John Gutfreund, then chairman and CEO of Salomon Brothers, in 1987: "It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty," as Bryan Burrough and John Helyar reported in Barbarians at the Gate. ...
The latest twist: a "Happiness Truck" -- a Coke delivery truck converted into a mobile vending machine that dispenses free Coke and other unexpected ... Read the whole story
New research from the National Retail Federation shows that Americans aren't just spending again, they're embracing many of the little luxuries they shunned during ... Read the whole story
Client services teams must take an active role in fostering a more collaborative relationship with their clients. Read the whole story
The title partner, for the third year, is financial firm BNP Paribas. It will hold a VIP reception at the Garden for 900 guests ... Read the whole story
National financial services firms continue to suffer from an enormous consumer trust deficit, according to Edelman. Despite some recovery in the U.S. economy, nearly ... Read the whole story
The Dove Close-Up Challenge encourages women to submit a 60-second video explaining why they are ready and deserve a close-up. The winner will receive ... Read the whole story