Topic: Firms
News
Feb. 1, 2017
The company said it will tack on 750 jobs at the new headquarters. It was not immediately clear if the Glendale positions would be cut in the process. . . Nestle isn’t the first major company to uproot its L.A. headquarters in recent years. Jacobs Engineering Inc., Toyota Motor Corp.’s North America division, and coffee maker Farmer Bros. Co. all decamped to Texas.
News
Feb. 1, 2017
New York, Miami, Los Angeles, Houston and Dallas are home to half of new business startups—and Americans are increasingly unwilling to move to such hotspots for the jobs they are spawning. At no time in recent history has entrepreneurship been so heavily concentrated in a handful of big cities, according to a bipartisan team of economic policy advisers at the Washington research and policy shop.
News
Feb. 1, 2017
The company’s current U.S. headquarters is in Glendale, Calif., where it has come under fire in recent years for bottling water during the state’s record multi-year drought. In 2015, Nestlé — which has nine brands of water, including Arrowhead — removed 36 million gallons of water from a natural forest in California to bottle and sell, prompting public criticism and at least one lawsuit.
News
Jan. 31, 2017
Rocket engine manufacturer Aerojet Rocketdyne has chosen Huntsville, Ala., as its final assembly site for the new AR1 rocket engine, creating 100 new jobs in the area.
News
Jan. 25, 2017
Upward of 60 restaurants around the Bay Area have closed since the start of September alone, with many citing difficulties like the cost of finding and keeping good employees, rising rents, new requirements for providing health care and sick leave, and doing it all while competing with the slew of new dining options.
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