Sales & Marketing news

• TRUMP: I will announce my Fed chair pick next week and I have 'somebody very specific in mind'

  27-10-2017 23:59 via feedproxy.google.com
  President Donald Trump said in an Instagram video that he will announce his pick for the next Federal Reserve chair next week.
  Trump said he has "somebody very specific in mind" for the role and "everybody will be impressed" by the choice.
  President Donald Trump said that he will announce his choice to chair the Federal Reserve next week, ending weeks of speculation on the choice. Chair Janet Yellen's term is set to expire in February.
  "People are anxiously awaiting&nbs
  
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• Top Republican senator says GOP will lose the House and Democrats will 'try to impeach' Trump if they don't pass tax cuts

  27-10-2017 23:32 via feedproxy.google.com
  Sen. Lindsey Graham said if Republicans do not pass a tax reform bill, they will lose their House majority.
  Graham told Fox News Radio if Democrats won back the House they would impeach President Donald Trump "pretty quick."
  Graham said not passing a tax bill would probably lead to "the end of the Republican Party as we know it."
  Sen. Lindsey Graham laid out a bleak future for Republicans in Congress if the party doesn't pass a tax code overhaul. 
  During an interview with Fox New Radi
  
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• Best Buy is charging $100 more for the iPhone X, and its explanation is infuriating customers (BBY)

  27-10-2017 23:13 via feedproxy.google.com
  Best Buy is selling the iPhone X for $100 more than other retailers.The company's reason for the price increase struck many people as nonsensical.
  You already know the iPhone X isn't cheap. With a $999 starting price, it's the most expensive model Apple has ever made.
  But if you decide to buy one from Best Buy, it's even more expensive.
  Best Buy is charging $100 more than any other retailer for the iPhone X, customers discovered as preorders became available on Friday. The 64 GB model cost $1,0
  
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• Trump's business watchdog has seemingly eased up on corporate crackdowns

  27-10-2017 23:06 via feedproxy.google.com
  Jay Clayton took over the Securities and Exchange Commission in May, after Obama appointee Mary Jo White stepped down in January.
  From February through September of this year, the SEC collected $127 million in civil case penalties against corporations, according to a report from Politico. This is down from $702 million during the same period last year.
  Clayton has reportedly shifted the SEC's focus from corporations to fraud involving retail investors.
  The Securities and Exchange Commission app
  
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• The president of struggling $2 billion hedge fund Hutchin Hill Capital is set to depart

  27-10-2017 22:52 via feedproxy.google.com
  Matthew Edmonds, the president of hedge fund Hutchin Hill Capital, is set to leave next month, according to people familiar with the matter. 
  The fund has struggled in 2017, with the flagship fund down 3.1% at the end of August.
  The firm decided to close its long/short credit portfolio, and cut back on staff. Matthew Edmonds, the president of $2 billion hedge fund Hutchin Hill Capital, is set to depart after a difficult year for the firm, people with knowledge of the matter said.
  
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• Republicans are considering changes to try and let Americans save more for retirement

  27-10-2017 22:44 via feedproxy.google.com
  Ways and Means Committee Chair Rep. Kevin Brady said that his committee is considering increasing the cap on total 401(k) contributions to $20,000 annually.
  This would be an increase from the $18,500 cap set for 2018.
  The GOP is also discussing a change that would limit the amount of tax-deferred 401(k) contributions to $2,400.
  Republicans are set to propose an increase in the amount Americans can add to their 401(k) retirement accounts each year, according to one
  
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• TECH STOCKS SURGE: Here's what you need to know

  27-10-2017 22:00 via feedproxy.google.com
  The Nasdaq recorded its biggest gain in a year and hit an all-time record after strong earnings from Amazon, Google, Microsoft, and Intel. The S&P 500 also reached a new high. 
  Here's the scoreboard: 
  Dow: 23,434.19, +33.33, (0.14%)
  S&P 500: 2,581.07, +20.67, (0.81%)
  Nasdaq: 6,701.26, +144.49, (2.20%)
  The US economy grew faster than expected in the third quarter even after hurricanes disrupted activity in some parts of the country. Gross domestic produc
  
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• RISING STARS: Meet 16 investment bankers age 35 and under doing huge deals

  27-10-2017 20:33 via feedproxy.google.com
  Climbing Wall Street's ranks as a dealmaker is no easy feat.
  Yes, you need math chops and spreadsheet-modeling wizardry. You also need to tolerate, if not relish, working long hours to close the job. Second place is a set of steak knives, remember.
  But that alone won't get you far.
  The business is all about building relationships and navigating personalities — those of your clients and of your firm. These skills are more nebulous and can take many years to cultivate. That's why it's such a
  
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• Trick or treat: How Halloween is becoming more important for UK brands

  27-10-2017 17:00
  Fanta’s ‘Feast of Fears’ experiential activityAlthough still seen as a US-focused celebration in some quarters, the numbers suggest Halloween is now more than established on this side of the Atlantic as well.
  In 2013, the estimated UK retail value for Halloween stood at £230m. However, in the space of just four years, this has grown by 35%, with retail sales hitting £310m in 2016, according to Mintel. It predicts sales to grow another 3.2% this year, hitting £
  
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• McDonald’s, Lush, Coca-Cola: 5 things that mattered this week and why

  27-10-2017 15:57
  Lush reveals its approach to loyalty
  Most brands seem to think the way to engender loyalty is to offer money off random products next time you buy. But Lush is taking a different approach. Its chief digital officer Jack Constantine believes loyalty isn’t about “offering discounts” and so it will be looking at how it can offer customers “instant benefits” that add to the experience.
  One way is through subscription services. It has already launched one for its bath bo
  
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• Hostelworld’s top marketer departs for COO role

  27-10-2017 15:13
  Hostelworld’s top marketer Otto Rosenberger is to leave next year to become travel agent Iglu.com’s first chief operating officer.
  Rosenberger’s remit will take in marketing, product, technology, commercial and sales, giving him full view of the brand’s customer experience strategy. He will also sit on the company’s board.
  He will report directly to CEO Richard Downs when he joins in January. Hostelworld will replace him, but there are no news on who will take on th
  
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• Why ITV is treating GDPR as an opportunity rather than a challenge

  27-10-2017 08:11
  Family Guy on ITV2Getting a business in order ahead of the new EU General Data Protection Regulations (GDPR) coming into effect next year is no mean feat.
  But to push through change of any kind, those working within an organisation have got to be fully engaged in the process and understand how it will impact their company and its customers. For a business the size of ITV it is all the more important, particularly for something as complex as GDPR.
  However, despite the deadline looming,
  
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• Washington Post CRO applauds the duopoly

  27-10-2017 02:00 via warc.com
  WASHINGTON DC: Some news publishers regard doing business with Facebook and Google as a necessary evil, but not the Washington Post, whose chief revenue officer says “whining” about them is not a good strategy.“We’ve more...
  
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• Topman 'personalises' with big groups

  27-10-2017 02:00 via warc.com
  COPENHAGEN: Small moves towards personalisation based on big groups of consumers rather than audiences of one have proved highly effective for UK fashion retailer Topman.Gareth Rees-John, Global Digital Director at the Arcadia-owned retailer,...
  
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• Nike ditches 'undifferentiated' retail

  27-10-2017 02:00 via warc.com
  PORTLAND, ORE: Nike is to focus on a small number of premium retail partnerships and its own direct-to-consumer efforts in the future as the sportswear brand seeks to hit a target of $50bn in sales within five years.Nike.com, Nike brick-and-mortar...
  
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• Media bosses hit back at tech disruptors

  27-10-2017 02:00 via warc.com
  SYDNEY: Australian media executives have hit back at technology competitors disrupting the local market, noting that their ability to scale is an advantage.“Unfortunately we’re living in this period where there’s this massive...
  
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• Indian finance brands target women

  27-10-2017 02:00 via warc.com
  NEW DELHI: Financial products in India have traditionally been marketed to men but that is starting to change as an increasing number of women choose to make their own investment decisions.The percentage of women making investment decisions...
  
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• How historic brands can tap their heritage

  27-10-2017 02:00 via warc.com
  NEW YORK: Heritage brands face a constant question about whether to put their legacy at the heart of advertising messages, and new research in the Journal of Advertising Research (JAR) offers useful tips on this subject.Mei Rose,...
  
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• Guardian claims 500,000 supporters

  27-10-2017 02:00 via warc.com
  LONDON:The Guardian now has 500,000 regular paying supporters, made up of members and subscribers across print and digital, the news brand has announced.It said it had
  
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• Augmented retail requires UX approach

  27-10-2017 02:00 via warc.com
  LONDON:There are many applications and use cases for augmented reality (AR) at all stages of the shopper journey but it is essential to take a shopper-centric or UX approach to planning, rather than a media- or brand-centric one, two industry...
  
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