Category Archives: Strategy
An Apology From Toyota’s Leader
Business Strategy – Washington — Akio Toyoda, the president of Toyota, was billed as the main attraction at a House hearing Wednesday into the company’s recalls of millions of cars — recalls for which he profusely apologized and took personal responsibility.
But the transportation secretary, Raymond LaHood, offered more surprises in testimony that was sometimes heated, [...]
Fed Move May Signal End to Easy Bank Profits
Business Strategy – Federal Reserve to Wall Street: The days of easy money — and, just maybe, easy profits — are numbered.
News on Thursday that the Fed would raise the interest rate that it charges banks for temporary loans was seen by lenders as a sign that their long, profitable period of ultralow rates was [...]