A unanimous decision made by the Organization of Petroleum Exporting Countries (OPEC) continues to limit oil production. Saudi Aramco, one of the largest and profitable oil companies in the world, has announced that they will not be influenced by U.S. calls for an increase in oil supply and continue to act towards their goal of increasing output by 400,000 barrels per day each month.
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Everyone knows the name Facebook, but a new name is being introduced to the market: Meta. Newly rebranded to Meta, Facebook’s parent company is starting a new company direction that aims to create a people-centered metaverse.
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Marvel’s newest film, Eternals, continues to build out the universe with success that ripples down to its brand partners like Lexus. Despite the struggles of movie theatres, Marvel mania led Disney’s newest release, Eternals, to soar on box office charts with a debut of $71 million to $80 million.
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On October 28th, 2021, Editor-in-Chief of The Stillman Exchange Rua Dinm had the privilege of interviewing Dario Spina, CMO of ViacomCBS. During the discussion, Spina provide knowledge and advice based on experience, and most of all he was able to provide an understanding of what is currently happening in the marketing field as well as the integrations and growing appreciation of culture in the space.
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On November 4th, 2021, the Seton Hall Alumni Association held the “Stillman Virtual Panel Series: Women in Business” with three SHU alumni. Dean Strawser moderated and lead the event and it was a spectacular evening.
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Samsung Heavy Industries (SHI), a shipbuilding giant based in South Korea, has announced the closure of its Ningbo plant in eastern China. SHI was believed to have agreed to hand over the land of the Ningbo plant to the local Chinese government for industrial renewal.
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Have you noticed how the new purses from Tory Burch are raised? Or how Swarovski has new boxes from the collection I & II? Or how Sally’s suddenly carried different higher ended, unique brands? Or when YSL & Burberry changed their logos?
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On October 25th Amazon announced a program to integrate Alexa systems into hospitals and senior living communities. The program is run through Alexa Smart Properties, a system that allows organizations to control an entire Alexa system.
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While the business sector has long been using robotics to make production more cost-efficient and effective, the future of robotics in business will expand far beyond automation robots. There are a few central trends where robots in business will be geared towards—these trends are lowering costs, decreasing contributions to climate change, creating efficiency, developing the harmony between humans and the use of robotics, and implementing quality checking standards.
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A volcano on the island of La Palma in Spain’s Canary Islands has been erupting for several weeks, forcing hundreds of people to evacuate. The volcano, Cumbre Vieja, started erupting on September 19 and has been spewing out lava ever since. The lava flow forced hundreds, even thousands of the island’s residents to evacuate their homes and has destroyed massive amounts of property.
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