Latest news with #NY
Yahoo
6 hours ago
- Business
- Yahoo
Tailor Brands Builds Operating System to Power Small Business Growth
NEW YORK, NY / ACCESS Newswire / July 22, 2025 / In 2007, Apple's iOS didn't just launch an operating system. It redefined how people interact with technology. Tailor Brands is aiming to do the same for entrepreneurship. Not with hardware or software in the traditional sense, but with something more foundational: a new support system for building businesses in an AI-transformed world. At the heart of this system is what Tailor Brands calls its "Guidance Engine" - not a machine, but a mindset. It represents the idea that starting a business shouldn't feel like wandering through a maze. It's a structured, step-by-step approach that replaces confusion with clarity. Whether someone needs to form an LLC, stay compliant, design a brand or grow online, the Guidance Engine acts like a compass - always pointing to the next right move. With over 5.2 million new business applications filed in 2024 - the majority by solo founders - it's clear people aren't waiting for job offers. They're creating their own work. Tailor Brands is becoming the operating system for that shift - not in a technical sense, but in a transformational one. A new framework for building something of your own, in a world that's rapidly rewriting the rules of work. As Yali Saar, co-founder and CEO of Tailor Brands explains, "Starting, managing and growing a business requires a wide variety of interconnected and often complex tasks. This is why even though 61% of Americans want to start their own business, only a third are able to follow through and make it happen - and even fewer can turn those businesses into a success. "For small business owners, understanding which activities are the most important for their business at any given period is of the utmost importance. Without proper guidance and support, it can be all too easy to become overwhelmed by the sheer scope of activities that need to be done." Tailor Brands refers to its "Guidance Engine" as the core philosophy behind its platform - a way to turn uncertainty into direction. It's about alignment: helping individuals figure out what to do next when building a business feels overwhelming. The platform functions like an operating system for entrepreneurship, providing a steady structure in a world where the rules of work are changing fast. Rather than jumping between disconnected tools, users get one place to manage it all, supported by a system designed to simplify, not complicate, the path to business ownership. The list of tools and tasks that Tailor Brands can assist with is incredibly comprehensive. It begins with foundational activities like LLC formation, appointing a registered agent, applying for an EIN and obtaining business licenses and permits. For many new entrepreneurs, a simplified and streamlined approach to managing these essential tasks removes what would otherwise be a daunting barrier to launching their own business.
Associated Press
7 hours ago
- Business
- Associated Press
Interpublic Launches Agentic Systems for Commerce to Help Brands Accelerate and Sustain Profitable Sales Growth Across Channels
New York, NY, July 22, 2025 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced the launch of Agentic Systems for Commerce (ASC), a new offering designed to help brands manage the scaled and complex commerce ecosystem in ways that are not possible without automation and artificial intelligence. To optimize commerce performance, ASC leverages Interpublic's proprietary agentic system and is powered by data from Intelligence Node, the transaction data company Interpublic acquired earlier this year. ASC captures data signals for every product and its competitors, including at the SKU and store level, generating actionable intelligence from insights into consumer searches, digital shelf position, product page content, pricing, and inventory levels, and enabling brands to optimize sales and margin performance across digital commerce channels. The new offering will be led by Dr. Jeriad Zoghby, Chief Commerce Strategy Officer at Interpublic, who joined IPG from Accenture in 2023 and has deep experience with the design and integration of large-scale enterprise systems across a variety of sectors. ASC is already being piloted by almost two dozen brands with results to date that have shown double-digit improvements in impressions and sales. 'Agentic Systems for Commerce can help brands compete and succeed in an evolving and demanding marketplace and flatten the cost curve associated with the complex commerce landscape,' said Philippe Krakowsky, CEO at Interpublic. 'We believe ASC can become a new revenue stream for us, and it's another way in which we can use AI to scale our expertise and expand our business beyond our core capabilities of marketing communications and media, into solution sets that deliver quantifiable results.' 'We're seeing strong early momentum with ASC,' said Dr. Zoghby. 'Over 20 CPG brands have already deployed our agentic commerce system. This quick adoption demonstrates our clients' recognition that today's commerce environment demands more than tools, even AI-enabled ones. They need integrated agentic systems that autonomously capture market-wide signals, identify performance opportunities, and execute in real time, enabling brands to move with the speed, precision, and enterprise agility this new era demands.' To support initiatives such as this one, earlier this year Interpublic appointed Yaniv Sarig as the Global Head of AI Commerce and completed the strategic acquisition of Intelligence Node, whose market-wide, real-time signal capabilities power the commerce intelligence and activation at the core of the offering. ASC marks a foundational shift for sales and marketing teams from standalone tools to intelligent systems, allowing brands to move from reactive to adaptive operations, with unified, financially aligned performance across the entire commerce ecosystem. # # # About Interpublic Interpublic (NYSE: IPG) ( ) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of $10.7 billion in 2024. # # # Contact Information Tom Cunningham (Press) (212) 704-1326 Jerry Leshne (Analysts, Investors) (212) 704-1439
Yahoo
8 hours ago
- Business
- Yahoo
NY Cocoa Erases Early Gains on Signs of Weak Chocolate Demand
September ICE NY cocoa (CCU25) today is down -17 (-0.21%), and September ICE London cocoa #7 (CAU25) is up +90 (+1.72%). Cocoa prices today are mixed. NY cocoa gave up an early advance today and turned lower, while London cocoa fell from its best levels due to concerns about cocoa demand. Chocolate maker Lindt & Spruengli AG today lowered its margin guidance for the year due to a larger-than-expected decline in first-half chocolate sales. More News from Barchart Brazil Coffee Harvest Pressures Slam Coffee Prices Brazil Coffee Harvest Pressures Hammer Prices Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Cocoa prices today initially moved higher on carryover support from Monday, when coffee found support from a slower pace of cocoa exports from the Ivory Coast. Monday's government data showed that Ivory Coast farmers shipped 1.74 MMT of cocoa to ports this marketing year from October 1 to July 20, up +6.1% from last year but down from the much larger +35% increase seen in December. An excessive short position by commodity funds may add fuel to a short-covering rally. Last Friday, ICE Futures Europe reported that funds boosted their net-short London cocoa positions by 1,010 to 6,361 short positions the week ended July 15, the most in more than two years. Cocoa prices sold off last week, with NY cocoa sinking to an 8-month nearest-futures low last Thursday and London cocoa slumping to a 17-month nearest-futures low. Weakness in global cocoa demand has hammered prices. The European Cocoa Association reported last Thursday that Q2 European cocoa grindings fell by -7.2% y/y to 331,762 MT, a bigger decline than expectations of -5% y/y. Also, the Cocoa Association of Asia reported that Q2 Asian cocoa grindings fell -16.3% y/y to 176,644 MT, the smallest amount for a Q2 in 8 years. North American Q2 cocoa grindings fell -2.8% y/y to 101,865 MT, which was a smaller decline than the declines seen in Asia and Europe. Demand concerns are weighing on cocoa prices after chocolate maker Barry Callebaut AG reduced its sales volume guidance earlier this month for a second time in three months, citing persistently high cocoa prices. The company projects a decline in full-year sales volume and said there was a -9.5% drop in its March-May sales volume, the largest quarterly drop in a decade. In a bearish factor, ICE-monitored cocoa inventories held in US ports climbed to a 10-month high of 2,363,861 bags on June 18 and were just below that high at 2,351,269 bags as of Monday. Higher cocoa production by Ghana is bearish for cocoa prices. On July 1, the Ghana Cocoa Board projected the 2025/26 Ghana cocoa crop would increase by +8.3% y/y to 650,000 from 600,000 MT in 2024/25. Ghana is the world's second-largest cocoa producer. Cocoa prices have support from quality concerns regarding the Ivory Coast's mid-crop cocoa, which is currently being harvested through September. Cocoa processors are complaining about the quality of the crop and have rejected truckloads of Ivory Coast cocoa beans. Processors reported that about 5% to 6% of the mid-crop cocoa in each truckload is of poor quality, compared with 1% during the main crop. According to Rabobank, the poor quality of the Ivory Coast's mid-crop is partly attributed to late-arriving rain in the region, which limited crop growth. The mid-crop is the smaller of the two annual cocoa harvests, which typically starts in April. The average estimate for this year's Ivory Coast mid-crop is 400,000 MT, down -9% from last year's 440,000 MT. On May 30, the International Cocoa Organization (ICCO) revised its 2023/24 global cocoa deficit to -494,000 MT from a February estimate of -441,000 MT, the largest deficit in over 60 years. ICCO said 2023/24 cocoa production fell by 13.1% y/y to 4.380 MMT. ICCO said the 2023/24 global cocoa stocks/grindings ratio fell to a 46-year low of 27.0%. Looking ahead to 2024/25, ICCO on February 28 forecasted a global cocoa surplus of 142,000 MT for 2024/25, the first surplus in four years. ICCO also projected that 2024/25 global cocoa production will rise +7.8% y/y to 4.84 MMT. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
8 hours ago
- Business
- Yahoo
Sugar Prices Pressured by Expectations of Stronger Brazil Sugar Production
October NY world sugar #11 (SBV25) today is down -0.15 (-0.92%), and October London ICE white sugar #5 (SWV25) is down -2.70 (-0.57%). Sugar prices today added to Monday's sharp losses, with NY sugar posting a 1.5-week low and London sugar posting a 1-week low. The outlook for higher sugar production in Brazil is weighing on prices. Datagro said Monday that dry weather in Brazil has encouraged the country's sugar mills to increase their cane crushing, diverting more of the cane crush toward more profitable sugar production rather than ethanol. According to Covrig, Brazil's sugar mills are expected to crush 54% of the available cane in the first half of this month, likely adding 3.2 MMT of sugar into the market. More News from Barchart Brazil Coffee Harvest Pressures Slam Coffee Prices Brazil Coffee Harvest Pressures Hammer Prices Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Sugar prices have retreated over the past three months, with NY sugar falling to a 4.25-year low earlier this month and London sugar sliding to a nearly 4-year low, driven by expectations of a sugar surplus in the 2025/26 season. On June 30, commodities trader Czarnikow projected a 7.5 MMT global sugar surplus for the 2025/26 season, the largest surplus in 8 years. On May 22, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% y/y to a record 189.318 MMT, with global sugar ending stocks at 41.188 MMT, up 7.5% y/y. Last Friday, NY sugar posted a 1.5-month high and London sugar posted a 1.75-month high, driven by signs of stronger global sugar demand. China's June sugar imports soared by 1,435% to 420,000 MT. Also, President Trump last Wednesday said Coca-Cola agreed to use cane sugar in Coke beverages sold in the US instead of high-fructose corn syrup, which could boost US sugar consumption by +4.4% to 11.5 MMT from 11 MMT currently, according to Bloomberg Intelligence. Sugar prices also have support from reduced sugar production in Brazil. Unica reported last Monday that the cumulative 2025/26 Brazil Center-South sugar output through June fell by -14.3% y/y to 12.249 MMT. Last month, Conab, Brazil's government crop forecasting agency, said 2024/25 Brazil sugar production fell by -3.4% y/y to 44.118 MMT, citing lower sugarcane yields due to drought and excessive heat. The outlook for higher sugar production in India, the world's second-largest producer, is bearish for prices. On June 2, India's National Federation of Cooperative Sugar Factories projected that India's 2025/26 sugar production would climb +19% y/y to 35 MMT, citing larger planted cane acreage. That would follow a -17.5% y/y decline in India's sugar production in 2024/25 to a 5-year low of 26.2 MMT, according to the Indian Sugar Mills Association (ISMA). Also, the ISMA reported on July 7 that India's sugar production during Oct 1-May 15 fell -17% y/y to 25.74 MMT. Sugar production in India is expected to benefit from forecasts for above-normal rains during the monsoon season (June-Sep). Last Monday, the India Meteorological Department reported that India's rainfall in June was 9% above normal and forecasted above-normal rain for July. The outlook for higher sugar production in Thailand is bearish for sugar prices. On May 2, Thailand's Office of the Cane and Sugar Board reported that Thailand's 2024/25 sugar production rose +14% y/y to 10.00 MMT. Thailand is the world's third-largest sugar producer and the second-largest exporter of sugar. The International Sugar Organization (ISO) raised its 2024/25 global sugar deficit forecast to a 9-year high of -5.47 MMT on May 15, up from a February forecast of -4.88 MMT. This indicates a tightening market following the 2023/24 global sugar surplus of 1.31 MMT. ISO also cut its 2024/25 global sugar production forecast to 174.8 MMT from a February forecast of 175.5 MMT. The USDA, in its bi-annual report released May 22, projected that global 2025/26 sugar production would climb +4.7% y/y to a record 189.318 MMT and that global 2025/26 human sugar consumption would increase +1.4% y/y to a record 177.921 MMT. The USDA also forecasted that 2025/26 global sugar ending stocks would climb +7.5% y/y to 41.188 MMT. The USDA's Foreign Agricultural Service (FAS) predicted that Brazil's 2025/26 sugar production would rise +2.3% y/y to a record 44.7 MMT FAS predicted that India's 2025/26 sugar production would rise +25% y/y to 35.3 MMT due to favorable monsoon rains and increased sugar acreage. FAS predicted that Thailand's 2025/26 sugar production will climb +2% y/y to 10.3 MMT. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
9 hours ago
- Business
- Yahoo
National Advertising Division Recommends Clearer Disclosure of Affiliate Advertising Relationship for Certain Reviews on TrustedCompanyReviews.com
BBB NATIONAL PROGRAMS Through its advertising monitoring program, BBB National Programs' National Advertising Division inquired about the rankings of debt consolidation companies by EIA Marketing on the review website The National Advertising Division (NAD) recommended that the material connection between EIA Marketing and companies listed in reviews that are affiliate partners be more clearly disclosed for certain reviews. New York, NY, July 22, 2025 (GLOBE NEWSWIRE) -- Through its advertising monitoring program, BBB National Programs' National Advertising Division inquired about the rankings of debt consolidation companies by EIA Marketing on the review website The National Advertising Division (NAD) recommended that the material connection between EIA Marketing and companies listed in reviews that are affiliate partners be more clearly disclosed for certain reviews. At issue for NAD was whether the format of the challenged advertising reasonably communicates the implied message that the debt consolidation rankings on the website are independent and objective instead of advertising for the top-rated product. NAD noted that some of the reviews on are those of EIA Marketing's affiliate partners (including the #1 rated debt consolidation company). Even assuming that the partner status of a company did not influence the ranking, NAD found that because TrustedCompanyReviews receives compensation from affiliate partners, the review is not impartial and constitutes advertising for that affiliate partner. NAD was concerned that consumers may not understand, based on the format of the webpage, that they are seeing advertising content for the rated company. NAD determined that the disclosure at the top of the webpage, 'The listings featured on this site are from companies from which this site receives compensation. This influences where, how, and in what order such listings appear on this site,' is not clear and conspicuous. Further, after scrolling down one page, the 'Advertiser Disclosure' is a hover-over disclosure that consumers may miss. NAD also noted that a pop-up advertisement for Accredited Debt Relief obscured the rest of the content on the webpage and referred to its top ranking and an invitation to access its plans. NAD recommended that EIA Marketing:
