Even relaxation has gone into restructuring mode
Leslie's, the Phoenix-based pool supply retailer, filed for Chapter 11 bankruptcy this week with plans to close 76 stores. The company is restructuring with $90 million in new debtor-in-possession financing while existing lenders take majority control. Debt reduction of approximately $685 million is
Continental bourses discover that nuclear rhetoric is bad for lunch
The final trading day of September delivered what markets do best when uncertain: almost nothing. The DAX fell 0.43 per cent to 44.61, the CAC 40 dropped 0.28 per cent to 43.27, and Spain's IBEX 35 slipped 0.30 per cent to 60.05. London's FTSE 100 managed a fractional gain of 0.04 per cent to close
When stability becomes a luxury good, consumers should worry
Doug McMillon built Walmart into a formidable machine over eleven years. On February 1, 2025, John Furner took over as CEO, ending one of retail's longest uninterrupted tenures at the helm. The transition itself was orderly—Furner had been running Walmart U.S., the company's crown jewel—but the casc
Global CEOs suddenly discover spreadsheets require updating
For decades, corporate strategy teams have planned around a simple assumption: China and the United States are where the growth happens. This assumption is now obsolete.
We Invited an HR Director. She Has Opinions. So Do We.
Why does the annual performance review survive despite universal hatred? This week we go deep on the rituals of corporate evaluation, the psychology of feedback, and why 'exceeds expectations' somehow never results in a raise.
Continental briefings — key indicators, leading economies, and latest coverage
The world's largest single-country economy…
The EU's single market navigates energy transition…
China's uneven recovery…
Gulf states diversifying beyond oil…
The continent's fastest-growing markets…
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