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Danish brewing group Carlsberg has agreed to acquire JI Pepsi Cola Bottler Armenia and Georgia-based Iberia Refreshments from investment group Revery, marking an expansion of its business in the South Caucasus.
https://caspianpost.com/georgia/carlsberg-to-acquire-pepsico-bottlers-in-armenia-and-georgia
https://www.fierce-network.com/wireless/spacexs-800-mhz-spectrum-grab-threatens-big-3-mobile-carriers
Bo-m! SpaceX just inked a deal to buy 14 megahertz of paired 800 MHz spectrum from Grain Management, giving Starlink Mobile a means to more aggressively challenge the Big 3 U.S. mobile carriers on the ground.
Once it receives Federal Communications Commission (FCC) approval – a shoo-in given FCC Chairman Brendan Carr’s penchant for all things space and Elon Musk – Starlink Mobile will deploy a “flexible architecture combining our satellite-to-mobile constellation in space with an advanced terrestrial deployment that can seamlessly connect devices everywhere,” SpaceX said in its press release.
Shares in all three U.S. wireless carriers were down in early trading this morning. AT&T was down more than 6%, at $22.90. T-Mobile was down 10%, to $154.10, and Verizon was down 5.5%, at $43.13. Meanwhile, SpaceX shares were up about 1%, to $162.75.
Matchbox movie is actually pretty good. Great family action movie that's fun to watch. Reminds me of the Jumanji movies with the Rock.
Hopefully it will help the bottom line
What other big accounts will Pepsi lose this year or next? Picked up Subway and lost Costco, Marriott…what’s next?
Let all those good people go last Nov for.a brief stock jump - stock took a dump back down to where it was. Wait until Elon starts taking subs - game over. Verizon will be a fiber biz at best and we can’t even do that effectively.
Watch it happen - 2-3 yrs max .
Will the principles try to bundle and divest so they retire comfortably. CN Permian continue to outperform? Will Suriname be sold to Shell?
Stanley knows this business, Stankey has a plan.
Boots took over Walgreens using Walgreen's money to do so: Walgreens paid Boots 11.6 billion dollars and will now sell boots for 8.9 billion.
A significant investment in a new pharmaceutical manufacturing plant in New Albany is contrasted with substantial layoffs at a truck factory in Springfield. This disparity raises questions about the equitable distribution of economic growth across Ohio. Experts suggest that while major urban centers like Columbus are thriving, smaller cities struggle to attract the skilled workforce needed for modern industries. The state's economic success appears concentrated in specific areas, leaving other communities behind. This situation prompts a debate on whether Ohio's business-friendly policies are benefiting all its residents.
New Albany, Ohio
https://www.kentucky.com/news/nation-world/national/article317551444.html
1) CEO, Zero U.S. Operating Experience
2) Strategy & Transformation Officer, Zero Business Experience
3) 50% employee time spent on reporting the news to each other/powerpoint
Get rid of these three, and see real results
I know this isn’t Glassdoor but I just joined the team and wondering how secure this group is. It seems like there has been a lot transition and leadership has been a revolving door.
A new Wisconsin law restricting vape product sales has led to significant financial hardship for local businesses. Retailers can now only sell products approved by the state or with pending applications, effectively banning many flavored options. This has caused steep sales declines as consumers seek products online or in neighboring states. One business owner has closed multiple locations and laid off a large portion of his staff due to the new regulations. Proponents of the law argue it will improve public health, while businesses claim it is ineffective and harmful to their operations.
Wisconsin
https://badgerherald.com/news/wisconsin/2026/10/06/one-year-in-wisconsin-vape-law-forces-shop-closures-layoffs/
The Baltimore Orioles have implemented layoffs within their business operations department. These workforce reductions occurred shortly after the conclusion of their 2026 baseball season. The team has not disclosed the exact number of employees affected by these cuts. This move follows the team's recent season-ending activities. Further details regarding the scope of the layoffs are not yet available.
Baltimore, Maryland
https://www.capitalgazette.com/2026/10/06/orioles-make-layoffs-within-business-operations-ahead-of-expected-mlb-lockout/
The Guinness Open Gate Brewery in Halethorpe will close its doors to the public in November. Nearly 200 workers will lose their jobs as operations cease by year's end. Parent company Diageo North America Inc. cited a review of operations and long-term business priorities for the decision. The company plans to establish a community fund to support the region's economic opportunity. This closure follows increasing operating costs and shifting consumer demand.
Baltimore County, MD
https://patch.com/maryland/catonsville/guinness-halethorpe-location-close-november-report
Leadership keeps blaming policies like tariffs, and international issues like diesel, aluminum, and such prices.
Meanwhile, KO sells products for cheaper, and is performing well with share and stock.
The difference is not that consumers got more price sensitive. Did it hurt? Yes. But it's obviously not the main culprit.
Is it true, or even within the realm of possibility, that Skydance is looking to create a new financial news streaming channel? With the help of Oracle business insights, a new streamer can provide the positive news that the likes of CNBC and Bloomberg do not provide. The scale of the media merger makes creation of a new channel is peanuts but could be very helpful.
I've noticed a pattern on our DRB calls where there are only 1 or 2 deals up for review out of a team of 35+ salespeople. Why such low numbers?
Are government organizations simply not going to market or has the sales team QUIET QUIT?
No one can blame you did. I'm just super curious.
How are such low numbers possible? Educate me on the reality on the ground.
What impact could this have on our people and our business?
https://www.wsj.com/tech/personal-tech/ai-token-spending-businesses-431ee94a?st=UcoUZL
First, there was #tokenmaxxing, whereby American businesses encouraged their workers to use as much AI as possible. Then came the bill.
Companies started to realize they need to be more careful about counting their tokens, the units that measure AI use. And that’s hard to do: A recent study found that only 11% of nearly 400 businesses surveyed were able to accurately forecast AI spending.
https://invezz.com/au/news/2026/10/01/synopsys-stock-jumps-13percent-as-openai-and-aws-deals-boost-outlook/
https://thequantuminsider.com/2026/09/16/anderon-1-billion-chips-award-quantum-wafer-manufacturing/
Anderon Finalizes $1 Billion CHIPS Award for Quantum Wafer Manufacturing
M7 MBA here. You do short term cost reductions on a company that isn't profitable. Nike IS profitable.
We have this constant pressure for growth, as any publicly traded company has. The economy isn't at its best years, sure. Nike can and will improve its supply chain. Makes sense.
But they are missing the core problem: (1) how to make professional athletes inspire the new generation of sports apparel user (2) what products are relevant to these geographies we want to grow
Number three would be how to make the WANTED products are available on the right places. Then I agree with the supply chain improvement narrative. But fix the first two product problems first.
We're still doubling down on iconic personalities like Michael Jordan, Cristiano Ronaldo . These are relevant and crucial to our past growth, but they will be less and less relevant , especially worldwide.
Top chasing the tail. We need ki-ler products and personalities to inspire consumers
It is concerning that the situation remains such a mess even after all these months. Really Wonder who is accountable for overseeing the integrations and migration to ODW, as the current issues suggest a significant lack of planning and execution and fo-e
Providing employees with a stable and reliable platform to monitor and track their attainment should be a basic requirement. More importantly, the system should provide an accurate representation of each seller’s attainment. The ongoing issues are not only causing unnecessary frustration but also undermine employees’ ability to effectively track their performance.
This is a fundamental business requirement that should have been carefully considered and tested before implementation. The lack of proper planning, foresight, and execution and uncertain resolution time and poor communications is extremely disappointing, and there needs to be clear accountability for how this situation was allowed to persist for so long.
Poor mismanagement of the entire integration. Poor judgement as well!
Which investor wants to make 2% when US Treasury pays 5% so obviously creditors would want their money back or waant higher interest. If they ask the business for money back then the business has to sell business assets. When variable interest rate goes up by 1%, businesses that make 2% can’t even pay 2% as profit because interest takes additional 1%.
To give the creditors 1 additional percent , the business has to cut costs. Cutting costs means difficult decisions like closing under performing stores, cancelling projects and even layoffs in already slim workforce.
What’s happening with this BU they all seem to be busy. Does anyone have real insight the rumours of a sell off keep circling. Their performance tool is world class loadrunner. ALM is used by all TOP 500
A new report indicates that a significant majority of U.S. tech leaders are skeptical about AI being the sole reason for recent workforce reductions. Many believe companies use AI as a justification to cut staff for financial gain. Some organizations are even rehiring former employees for AI-related roles. This trend suggests that AI implementation has not always been a seamless replacement for human workers. The report highlights concerns about rapid AI adoption outpacing its actual business value.
https://sociable.co/business/93-of-u-s-tech-leaders-skeptical-of-ai-related-layoffs-new-gft-report-finds/
https://seekingalpha.com/news/4648005-att-corning-enter-multi-year-fiber-and-cable-supply-deal?share_source=shared_news
I joined Fidelity six months ago, and I'm still trying to understand what this role actually is. Everyone I've met in this position seems to be neither technical nor business-focused, so what exactly do they do?
Have to admit, Xerox's display at PRINTING United was rather impressive with all the new gear they showed across IJ and toner lineups. New 6c Proficio model looks like a strong replacement for Iridesse replacement long overdue. could be hope for the future
White space, commercial, white space, underpenetrated (eww), white space,…
If there’s one thing I’ve learned about working at Hertz, it’s that it can feel like one big popularity contest.
You can work hard, consistently get results, and prove that you’re good at your job, but none of that seems to matter as much as being liked by the right people. There are people who basically work from home even though that’s not technically their job, barely seem to do much of anything, and somehow nobody cares because they’re well liked.
I guess birds of a feather really do flock together. When you have leaders who spend more time barking orders than actually doing the work themselves, of course they’re going to appreciate people who operate the same way. Why would poor work ethic bother you when you’re looking at a reflection of yourself?
And then you have the “business trips.” Put the right group of people together, add some drinks after the meetings, and suddenly everyone is gossiping about people who aren’t even there. The craziest part is watching someone in leadership change their entire opinion of another employee based on what one of their buddies has to say about them. Never mind that person’s actual results or what they contribute. Apparently, a few drinks and the right person whispering in your ear can carry more weight than the work someone actually does.
Meanwhile, the people who show up, do the work, produce results, and hold themselves accountable are expected to just keep doing it.
So if you’re looking for longevity or advancement at Hertz, here’s the lesson: being good at your job only gets you so far. Better make sure your butt-kissing skills are on point too, because being popular with the right people seems to matter a whole lot more than actually being effective.
AT&T Is Automating Away Jobs—and Its Old Telecom Empire
The telecom giant is eager to show Wall Street that it can do more with less. That means fewer employees, less electricity, and increased automation.
https://www.wired.com/story/atandt-is-automating-away-its-old-telecom-empire/
There is a question worth asking about the recent RIFs affecting Customer Success Managers across Oracle Consumer Industries:
Why does it appear that Hospitality CSMs are carrying a disproportionate share of the reductions compared with Food & Beverage?
The question becomes more interesting when you consider the nature of the two businesses.
Hotel technology particularly at the enterprise level is incredibly complex. A Hospitality CSM may be dealing with global hotel companies operating hundreds or thousands of properties, OPERA Cloud deployments, integrations, payments, distribution, loyalty, partners, escalations and major transformation programs.
These aren't simply account-management roles. The best Hospitality CSMs often become the connective tissue between the customer, Support, Development, Consulting, Sales, Product and executive leadership.
If Hospitality is also delivering stronger profitability and margins than F&B, as some believe, the disparity becomes even more difficult to understand. It would be useful to see the actual numbers.
And there is another question that probably needs to be asked:
Does the background of the current Consumer Industries leadership play any role in how Customer Success resources are being allocated?
With leadership experience coming from the F&B side of the business, could there naturally be greater familiarity with or a different view of the F&B Customer Success model and its staffing requirements?
That doesn't mean anyone is deliberately protecting one organization at the expense of another. Nor is this an argument that F&B CSMs should be losing their jobs instead.
It's a question about whether the two businesses are being evaluated using the right criteria.
If Hospitality has greater customer complexity, larger enterprise transformations, significant integration requirements and attractive margins, what is the business rationale for deeper reductions in Hospitality Customer Success?
Maybe there is a good answer.
But employees and customers deserve to understand the strategy.
What metrics are actually determining where the CSM reductions occur and are Hospitality and F&B truly being evaluated on an equivalent basis?
Is Wellmed a functioning company ? where are they doing business ?
https://www.businessinsider.com/oracle-cloud-layoffs-america-roles-hit-hardest-leaked-doc-2026-9
About $18 billion in loans tied to an Oracle-leased data center in New Mexico has come under pressure, with loans quoted at 89 to 91 cents on the dollar by syndicate banks including Santander and Jefferies.
https://www.reuters.com/business/finance/oracles-18-billion-data-center-debt-under-pressure-ft-reports-2026-09-18/
Many believe that the board/HY has a medium term headcount goal, a specific number to which they'd like to reduce the domestic internal employee numbers to. If so, what's your guess? I think it's around 120k. Basically two more years of downsizing. Sometime around 2030 the current regime bails with huge golden parachutes and a real team of executive leaders is brought in to grow the business.
Belk’s workplace culture is antiquated and old school, as is the customer base.
The customer base is dying. Literally. Belk’s customers are kicking the bucket and there is nobody to replace them.
The ones with applicable skills should go into to BUs
For God's sake, we are a commodity business.