Author Archives: Sydney Lazarus

Apple Inc. Denies iCloud Breach in Celebrity Photo Hacking, CVS Changes Name, Stops Selling Cigarettes

To restore confidence before its new iPhone launch, Apple, Inc. says that its systems were not directly breached in this past weekend’s celebrity photo scandal, in which numerous private photos were leaked through hacking iCloud accounts. Home Depot, however, is investigating a possible credit and debit card breach. Afternoon Coffee brings you the latest news in supply chain and procurement.

New Site! Public Spend Matters Europe is Officially Launched

On Monday, when much of the U.S. (including Spend Matters) took the day off and went to barbecues or did whatever people do on Labor Day, Public Spend Matters Europe had its official launch. Public sector procurement has become more and more core among the topics we cover. It was time to have a separate site focusing on procurement in the European public sector. Check out some screenshots of the new site, or, if you prefer, go straight to Public Spend Matters Europe!

2.2 Million Bean Bag Chairs Recalled, Apple Inc. Suppliers Struggle to Meet Demand for iPhone Screens

Ace Bayou Corp. is recalling 2.2 million bean bag chairs after two children died from suffocation. The zippers on the chairs are not locked, which means children can climb inside and inhale the foam beads. Apple Inc.’s suppliers are reportedly struggling to make enough screens in time for next month’s expected launch of the new iPhone 6 smartphone. Friday Latte brings you the latest news in supply chain and procurement.

Nestlé to Impose Animal Welfare Standards on Suppliers, Bank of America to Pay $17B Settlement

Nestlé will require its 7,300 suppliers and their suppliers to comply with animal welfare standards. And Bank of America and the Department of Justice have agreed to a $17 billion settlement over faulty mortgage securities that the former allegedly knowingly sold, contributing to the financial crisis. Afternoon Coffee brings you the latest news in supply chain and procurement.

Best of Public Spend Forum: Jonathan Messinger’s Picks


Closing out "Best Of" Week are the following posts from Public Spend Forum, our sister site focusing on public sector procurement. I asked Jonathan Messinger to pick a few posts from the past six months to showcase, and he did, but not without including a classic from last year. I am speaking of The Seven Most Overused Words in Procurement. Read on to see what the other picks are.

China Fines Japanese Auto Suppliers for Antitrust Violations, Macy’s to Settle Racial Bias Claims

Europe’s big beer brewers are bracing for lower-than-expected full-year earnings and possibly brewery closings as a result of lower consumer spending and restricted beer marketing in Russia. And Macy's will pay $650,000 to settle claims of racial profiling. Afternoon Coffee brings you the latest news in supply chain and procurement.

Rancho Feeding Corp. Officials Indicted, Google to Offer Accounts to Children Under 13

Four officials at Rancho Feeding Corp., the slaughterhouse at the center of the 8.7-million-pound beef recall in January, have been charged with distribution of adulterated, misbranded, and uninspected meat. And the U.S. Department of Agriculture has released its annual “Cost of Raising a Child” report, according to which an average middle-income family will spend about $245,000 to raise a child born in 2013. Afternoon Coffee brings you the latest news in spending and supply chain.

Best of Spend Matters: Incendiary Tidbits

Unlike “general news” or “technology,” the Incendiary Tidbits tag gives editors some power to decide what is incendiary. As the tag is (self-aware) hyperbole, posts are categorized under it as long as they are incendiary in relation to other Spend Matters posts. Some of these posts aren’t even tidbits; some are in fact rather long. As for the degree of overlap with Friday rants, the relationship should look like a Venn diagram. So which posts made "Best Of"? Read on!

Bidding War for Family Dollar Stores, Heinz Recalls Infant Cereal in China, Facebook vs. Satire

A bidding war for Family Dollar Stores has begun as Dollar General Corp. offers $8.9 billion for the chain, topping rival Dollar Tree’s bid. And U.S. food seller H.J. Heinz Co. has recalled four batches of infant cereal in China after excessive levels of lead were found. Afternoon Coffee brings you the latest news in supply chain, procurement, and protection against satire.