FOX Business Flash top headlines for February 17 00:00 00:0002:18GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay PepsiCo, Inc is recalling for more than 25,000 cases of Starbucks coffee drinks that had been contaminated, according to federal officials. PepsiCo said in a statement to FOX Business that it initiated the recall for select lots of Starbucks Frappuccino Vanilla bottles, on behalf of the North American Coffee Partnership, that were shipped around the nation. The world’s second-largest food and beverage business didn’t say why the products were being recalled. However, the U.S. Food and Drug Administration (FDA) posted a note on its website that the product has been recalled because of a "foreign object (glass)." Customer chooses different tastes of Starbucks bottled Frappuccino. The FDA has also classified it as a "Class II" recall. This means "the use of or exposure to a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote," according to the FDA. "The North American Coffee Partnership is committed to a high level of quality in the products we serve," PepsiCo said in a statement on behalf of the North American Coffee Partnership. […]

Click here to view original web page at www.foxbusiness.com

Last week, Albuquerque’s Hispano Chamber of Commerce unveiled a new statewide crime statistics website — crimestatsnm.org — that it worked with local software company Real Time Solutions to build. And almost a year ago, the Business Coalition for a Better Albuquerque and data company RS21 — in partnership with the Bernalillo County District Attorney’s office — showed off a data-driven platform called Quaro that was built to help better identify crime networks. The Business Coalition put upwards of $3 million behind that platform’s development in early 2021. These initiatives are examples of the type of public-private partnerships that current Bernalillo County District Attorney Sam Bregman thinks can help not only make Albuquerque a safer place, but a more attractive place for business. New Mexico Gov. Michelle Lujan Grisham appointed Bregman to the role of Second Judicial District Attorney after his predecessor, Raul Torrez , was elected as the state’s Attorney General last fall. Bregman previously served as an Assistant District Attorney for the Second Judicial District and as Deputy State Auditor before stepping into the District Attorney role in early January. As the Roundhouse’s current legislative session hits its midpoint, Albuquerque Business First caught up with the new DA […]

Click here to view original web page at www.bizjournals.com

The smallest number of Pittsburgh-area businesses since the century began filed for bankruptcy in 2022, setting a new record for the third straight year. The U.S. Bankruptcy Court for the Western District of Pennsylvania tallied 154 commercial bankruptcy filings last year. That was 15 less than in 2021, the prior record-holder of at least the past 22 years, with 169. That, in turn, was 20% below the previous low point of 212 in 2020. There were 46 business bankruptcy filings in the fourth quarter of 2022. Of those, 22 were Chapter 7, or liquidation, and 24 were Chapter 11, or reorganization. That compares with 43 during the final three months of 2021. The data came from the Administrative Office of the U.S. Courts. “I wish I had a crystal ball that could tell me what to prepare for in 2023,” said Kelly Neal , a shareholder in the bankruptcy and creditors’ rights group at Buchanan Ingersoll & Rooney PC. “Filings were still low in 2022. The same was true across the nation. While, on the one hand, this is a good sign for the economy in western Pennsylvania and nationally, it has left some people wondering where the financial […]

Click here to view original web page at www.bizjournals.com

When job openings are plentiful and available workers are scarce, employers and managers should especially consider in-house talent to fill the open positions. However, when an employee excels in a role, managers may feel tempted to keep the employee in their position, even if they deserve the promotion. Additionally, these internal applicants may not receive the proper encouragement from leadership to take the leap and apply. As a result, an employee’s career growth becomes stagnant within the company, inadvertently pushing them to find employment elsewhere. This phenomenon can be defined as “flatlining” – refusing to promote a thriving, deserving employee for fear of having to hire a replacement. In reality, flatlining plagues individual employees, not businesses. However, flatlining can impact an organization greatly. If not addressed, flatlining can stifle company culture, hinder business continuity and lower employee engagement. Intrinsically, all businesses thrive when employees are encouraged to achieve. Therefore, to reduce flatlining among workers, managers should take proactive measures to define career paths and enhance internal training. The power of communication Communication in the workplace is vital to boosting employee morale, engagement, productivity and satisfaction, but most importantly, it helps employees grow into their next role. Managers and employees […]

Click here to view original web page at www.bizjournals.com

One of the most difficult challenges as an entrepreneur is learning to say "no." Turning down potential opportunities is difficult, but it can be essential for your business moving forward. Opinions expressed by Entrepreneur contributors are their own. Many business owners may find it counter-intuitive to believe that saying "no" could lead to business growth. However, it can be one of the most important strategies for achieving success and long-term sustainability. By being selective in what tasks and projects are taken on, companies can free up valuable resources to focus on the most important opportunities and create an environment of success that most definitely led to business growth . 1. Say no to unnecessary expenses In today’s competitive marketplace, cutting costs is essential for companies to survive or achieve business growth. Saying "no" can be a powerful tool in helping businesses reach their goals while saving money and having a better cash flow. When it comes to lower-cost operations, learning how and when to say "no" may be one of the most important lessons a successful business chief must master. Cutting back on expenses can drastically reduce overhead and increase profitability , but making this change means investing time […]

Click here to view original web page at www.entrepreneur.com

Santa Ana Pueblo, N.M. – Tamaya Ventures, a firm owned by the Pueblo of Santa Ana, announced a groundbreaking partnership with three Division I Native American student-athletes, all from The University of New Mexico. The three are Ali Upshaw (Navajo), Cross Country; Natalia Chavez (Cochiti/Laguna), Basketball; and Jaelyn Bates (San Felipe Pueblo/Sioux/Navajo), Basketball. Each student-athlete has their own custom line of merchandise that is on sale starting Friday, February 17 through Wednesday, March 1. Fans can purchase directly here . The NIL agreement is the first of its kind between a tribal owned entity and Native American Division I student-athletes. It also marks a major milestone in the world of Native business development and marketing through NIL initiatives in college athletics. This innovative agreement will allow the student-athletes to use their name, image, and likeness while providing companies like Tamaya Ventures a brand-new way of engaging sports fans and new customer sources. This transformative piece of the Tamaya partnership with UNM Athletics is a demonstration of their commitment to serve the Native community and drive awareness to Santa Ana businesses. The NIL collaboration will be launched New Mexico’s sold-out men’s basketball game against San Diego State University on Saturday […]

Click here to view original web page at golobos.com

___ Fed’s Barkin: ‘Slow progress’ on inflation, sees more hikes WASHINGTON (AP) — A top Federal Reserve official is downplaying recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation. Richmond Federal Reserve President Thomas Barkin said Friday that recent reports showing an unusually robust job gain and a spike in retail sales last month reflected in part the impact of warm weather and the government’s seasonal adjustment process, rather than an acceleration of growth that could push inflation higher. ___ Wall Street closes another bumpy week with a mixed finish NEW YORK (AP) — Wall Street closed another bumpy week with a mixed performance. The S&P fell 0.3% Friday after paring a bigger loss from the morning. The Dow Jones Industrial Average rose modestly, while the Nasdaq fell 0.6%. Stocks have hit turbulence in February after shooting higher in January on hopes that cooling inflation could get the Federal Reserve to take it easier on interest rates and that the economy could avoid a severe recession. Recent economic reports have raised worries that inflation is not cooling as quickly and […]

Click here to view original web page at apnews.com

Abbott recalled certain powder baby-formula products that were manufactured at its Sturgis, Mich., plant, and halted production there. The SEC’s enforcement division sent a subpoena to Abbott in December requesting information about its powder infant-formula business and related public disclosures, the company said Friday in a securities filing. Continue reading your article with a WSJ membership

Click here to view original web page at www.wsj.com

LOUISVILLE, Ky. — Belknap Hardware and Manufacturing Company is back in business almost 40 years after filing for bankruptcy. Fourth-generation Ian Belknap is restarting the company’s legacy. He revived one of the company’s most prominent items, the multifaceted hatchet. Complete with a sharp side, a divot to pull up nails, and a flat head for hammering. "It’s called a camping hatchet," Belknap said. "It’s made with all grade-A materials, so I know it’s going to hold up." You can find the product here. The hatchet is the first and only product Belknap has produced so far, but he thinks more are soon to come. "I’m getting so much feedback from former Belknap customers," Belknap said. "Everybody wants me to make this, make that, but I think the next tool will be like a Jersey Axe." Belknap currently runs the operation out of his farm, and he said for now, he plans to keep it that way. Recommended Woman, child killed in fire near Iroquois Park identified by coroner >>CLICK HERE FORE MORE TOP S TORIES "Long story short, I just feel really good. I feel like I’m honoring my ancestors, and I know they’re looking down smiling," Belknap said. […]

Click here to view original web page at www.wlky.com

Shoichiro Toyoda speaks during an interview in 1981 © The Asahi Shimbun/Getty Images In his first overseas business trip to the US in the late 1950s, Shoichiro Toyoda made one of the biggest mistakes of his career. Toyoda, then aged 32, gave the green light for Toyota to export its first passenger vehicle, Crown, to America — only to be inundated with customer complaints that the engine was not powerful enough to drive on US highways. “It was a big failure,” Toyoda wrote in his 2015 book Believe in the Future, Step by Step . “But I took away an important lesson and continued my challenge to develop a high-quality passenger vehicle that would perform well anywhere in the world.” That challenge took one of Japan’s last great postwar industrialists through the height of the 1980s trade tensions between Washington and Tokyo, the bursting of Japan’s property and stock market bubble and the 1990s banking crisis that dragged the nation into a long period of stagnation. Toyoda, left, inspects a production line of light trucks at a plant in Taiwan in 1988 © Yang Chi-hsien/AP Toyoda, who has died aged 97, navigated these events with a determined focus on […]

Click here to view original web page at www.ft.com