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Competitive Edge

All articles tagged with #competitive edge

economy2 years ago

IMF warns of wage growth risks and inflation concerns in Europe

The International Monetary Fund (IMF) has warned that the rapid wage growth in Eastern Europe could potentially erode the region's competitive edge. While higher wages are generally positive for workers, the IMF cautions that they could lead to rising inflation and reduced competitiveness for Eastern European countries, particularly in industries that rely on low labor costs. The IMF recommends that policymakers focus on productivity-enhancing reforms and targeted social policies to mitigate these risks.

via Financial Times|
#competitive-edge#eastern-europe#economy
sports2 years ago

Patrick Mahomes Sets Sights on NFL Ownership Post-Playing Career

Kansas City Chiefs quarterback Patrick Mahomes expressed his desire to become an NFL team owner after retiring from playing. Mahomes, who recently invested in the Alpine Formula One team, sees team ownership as a way to give back to the sport he loves. While he plans to remain a Chiefs fan, Mahomes wants to maintain his competitive edge and hopes to eventually join the ranks of NFL team owners, following in the footsteps of players like Tom Brady.

via NBC Sports|
#alpine-formula-one-team#competitive-edge#nfl
business2 years ago

McDonald's increases franchise royalty fees for US and Canada restaurants

McDonald's is increasing royalty fees for new franchisees in North America for the first time in 30 years, raising the fee to 5% starting January. The move aims to help the company maintain its competitive edge. Previously, the royalty fees in the US and Canada were at 4%. McDonald's stated that the average cash flows for US franchisees have increased by over 35% in the past five years. The company has over 38,000 locations worldwide, with over 90% of them owned and operated by independent local business owners.

via Fox Business|
#business#competitive-edge#franchisees
business2 years ago

Apple's Trademark Battles Over the Iconic Fruit

Apple has applied for intellectual property rights over depictions of the apple fruit itself, not just its iconic "bitten apple" logo. The Fruit Union Suisse, a Swiss organization with a red apple adorned with a white cross as its logo, may be forced to relinquish its logo. Apple's pursuit of intellectual property rights over the depiction of an apple raises questions about the boundaries of ownership and the impact it may have on organizations like the Fruit Union Suisse.

via Benzinga|
#apple#business#competitive-edge