December 10, 2000
The Southern California Edison-commissioned "MIT study" told of finding evidence of energy withholding on the part of suppliers throughout the state ["Power Suppliers Accused of Manipulating Prices," Nov. 23]. It's what the study didn't tell that was most interesting. For example, it didn't acknowledge that suppliers went far beyond "utility standard," working round-the-clock, fixing units that experts said couldn't be fixed and returning units to service that could easily have sat broken for the entire summer.
June 10, 2011 |
Responding to pressure from Greenpeace this week, toy maker Mattel Inc. said it would direct its suppliers to stop buying wood products from Asia Pulp & Paper, a Singapore company that has clear-cut vast swaths of Indonesia's rain forest. As the environmental group's global campaign against Mattel gained traction, the El Segundo company said on its Facebook page: "Mattel does not support deforestation nor does it contract directly with Sinar Mas/APP. We purchase packaging materials from a variety of suppliers and it is not the normal course of business to dictate where suppliers source materials.
July 29, 2010 |
By giving out free cases for its iPhone 4, Apple Inc. hoped to smooth over troubles with unhappy customers. But it may annoy a different group: the companies that make the various hard, soft, colorful, arty, sleek, fat and other kinds of enclosures bought by users to personalize their phones. With Apple giving away its own cases, analysts say, there will be less demand for those offered by third-party suppliers. At least two case manufacturers contacted by The Times acknowledged that Apple's giveaway could cut into sales.
October 25, 1997 |
Avon Products Inc. said Friday that it will offer fewer discounts, make fewer products and use fewer suppliers to save as much as $400 million a year by 2000. Wall Street liked the news, driving shares of the New York-based cosmetics company up $6.88, or 10%, to $73.75 in trading of 3.88 million shares, more than five times the three-month daily average. Avon said it will take pretax charges of $150 million to $200 million as it cuts 30% of its fragrance, cosmetics and toiletries lines.
November 14, 2009 |
Wal-Mart Stores Inc. is helping more than 1,000 of its apparel suppliers secure financing based on the strength of its own credit rating. The program was outlined in a letter to suppliers Nov. 2. Commercial finance giant CIT Group Inc. had filed for bankruptcy protection a day earlier, raising worries about apparel industry financing.
September 30, 2005 |
Ford Motor Co. said Thursday that it would cut its suppliers by about half and award key parts makers larger, long-term contracts in a move to reduce costs globally and stem losses in North America. Ford -- which buys about $90 billion of parts, goods and services a year worldwide -- already has chosen seven companies as initial suppliers. They are Autoliv Inc. of Sweden, Delphi Corp., Johnson Controls Inc., Visteon Corp. and Lear Corp. of the United States, Canada's Magna International Inc.