Business
Why Every Growing Business Needs a Strong Workplace Fire Safety Strategy
Business leaders spend significant time planning for growth, improving productivity, and managing financial performance. Yet one area that can often be overlooked until it becomes urgent is workplace safety.
Whether operating from an office, warehouse, retail unit, or industrial facility, every organization has a responsibility to protect employees, visitors, and physical assets from preventable risks.
Among the most important aspects of workplace safety is fire prevention and emergency preparedness. A single fire-related incident can disrupt operations, damage property, harm employees, and create significant financial consequences. As businesses continue to adapt to evolving regulations and workplace expectations, investing in comprehensive fire safety measures has become an essential part of responsible management.
Why Fire Safety Matters for Modern Businesses
Fire incidents can occur in virtually any workplace environment. Electrical faults, faulty equipment, unattended appliances, combustible materials, and human error remain common causes of workplace fires.
The consequences often extend beyond immediate property damage and may include:
- Business interruption
- Lost productivity
- Insurance complications
- Regulatory penalties
- Reputational damage
- Employee welfare concerns
For growing companies, these risks can be particularly significant because unexpected disruptions can affect both revenue and customer confidence.
A proactive fire safety strategy helps reduce these risks while demonstrating a commitment to employee wellbeing.
What Are the Key Components of Workplace Fire Protection?
Effective fire safety involves much more than installing alarms and hoping they are never needed.
A comprehensive strategy typically includes:
| Fire Safety Element | Purpose |
| Risk assessments | Identify hazards and vulnerabilities |
| Detection systems | Provide early warning |
| Emergency planning | Improve evacuation procedures |
| Staff training | Increase preparedness |
| Equipment maintenance | Ensure reliability |
| Fire suppression tools | Help control small incidents |
Each component plays an important role in creating a safer workplace environment.
Why Prevention Is Better Than Response
While emergency equipment is essential, preventing incidents remains the most effective approach.
Businesses can significantly reduce risk through:
- Regular electrical inspections
- Equipment maintenance programs
- Safe storage procedures
- Housekeeping standards
- Employee awareness training
- Hazard identification processes
Many workplace fires result from issues that could have been identified and addressed before they became emergencies.
Organizations that prioritize prevention often experience fewer incidents and lower long-term safety costs.
How Risk Assessments Improve Business Resilience
Fire risk assessments form the foundation of workplace fire safety.
These assessments help identify:
Potential Ignition Sources
Electrical equipment, machinery, heating systems, and cooking facilities can all present risks.
Fuel Sources
Paper, packaging, chemicals, textiles, and other combustible materials may contribute to fire spread.
Occupancy Considerations
Understanding how people use a building helps improve emergency planning.
Existing Control Measures
Assessments evaluate whether current protections remain effective and compliant.
Regular reviews ensure safety measures continue meeting the needs of a changing workplace.
Why Employee Training Is Essential
Even the most sophisticated fire safety systems rely on informed employees.
Training helps staff understand:
- Emergency procedures
- Evacuation routes
- Alarm protocols
- Hazard recognition
- Equipment awareness
When employees know how to respond during an emergency, evacuation processes tend to be faster and more organized.
Confidence and preparation can make a significant difference during high-pressure situations.
How Technology Is Transforming Workplace Safety
Modern businesses increasingly use technology to strengthen safety programs.
Examples include:
- Smart monitoring systems
- Connected alarm networks
- Automated testing solutions
- Digital compliance records
- Remote inspection capabilities
These technologies help organizations improve oversight while simplifying maintenance and reporting requirements.
The growing integration of safety technology reflects a broader trend toward proactive risk management across multiple industries.
Why Early Detection Saves Lives
One of the most critical factors during a fire emergency is time.
Early warning systems provide occupants with valuable time to:
- Identify danger
- Initiate evacuation procedures
- Contact emergency services
- Reduce exposure to hazardous conditions
This is particularly important because many fire-related fatalities result from smoke inhalation rather than direct flame exposure.
Reliable detection systems remain among the most effective safety investments available to businesses.
Understanding Hidden Workplace Hazards
While visible fire risks often receive attention, some threats are less obvious.
Combustion appliances, heating equipment, and poorly ventilated areas can sometimes create dangerous conditions without obvious warning signs.
A properly installed carbon monoxide detector helps identify the presence of this invisible and odorless gas before it reaches dangerous levels.
Workplaces that use fuel-burning equipment should consider monitoring systems as part of a broader health and safety strategy. Early detection can provide critical warning and support safer working environments.
What Role Does Emergency Equipment Play?
No fire safety strategy is complete without appropriate emergency response tools.
While prevention remains the primary objective, businesses must also prepare for situations where incidents occur despite precautions.
Emergency equipment supports:
- Initial incident response
- Occupant protection
- Damage limitation
- Regulatory compliance
The type of equipment required depends on the nature of the workplace and the risks identified through assessment processes.
Regular inspections help ensure equipment remains operational when needed.
Why Fire Extinguishers Remain Essential
Although modern buildings often include sophisticated alarm and suppression systems, Fire Extinguishers continue to play an important role in workplace safety.
When used appropriately by trained personnel, they may help control small fires before they escalate into larger incidents.
Different types are designed for specific hazards, including:
- Electrical equipment
- Flammable liquids
- Paper and wood materials
- Commercial kitchens
- Industrial environments
Selecting suitable equipment and ensuring proper staff training are essential for maximizing effectiveness.
Organizations should never assume that a single extinguisher type is appropriate for every workplace situation.
How Fire Safety Supports Business Continuity
Business continuity planning focuses on maintaining operations despite unexpected disruptions.
Fire safety contributes directly to this objective by helping businesses:
- Reduce operational downtime
- Protect critical infrastructure
- Safeguard employee welfare
- Minimize financial losses
- Improve insurance outcomes
Companies that invest in preparedness often recover more quickly from emergencies than those relying solely on reactive measures.
As organizations become increasingly dependent on technology and interconnected systems, resilience planning continues to grow in importance.
Creating a Culture of Safety
Strong safety performance is rarely achieved through equipment alone.
Successful organizations often cultivate a workplace culture where safety becomes part of everyday operations.
Characteristics of effective safety cultures include:
- Leadership commitment
- Employee engagement
- Open communication
- Continuous improvement
- Regular training
- Accountability at all levels
When safety is embedded into organizational decision-making, compliance and preparedness naturally improve.
Choosing Reliable Safety Partners
The effectiveness of a fire safety strategy often depends on the quality of products and expertise supporting it.
Businesses benefit from working with suppliers that offer:
- Industry knowledge
- Regulatory expertise
- Comprehensive product ranges
- Ongoing support
- Reliable compliance guidance
Within the UK safety sector, SafeLincs has established a reputation for helping organizations access a wide range of workplace safety solutions, including fire protection equipment, detection systems, and compliance resources. Their focus on education and practical safety guidance supports businesses seeking to strengthen risk management programs.
Access to expert advice can help organizations make informed decisions while navigating changing regulations and evolving workplace requirements.
How Regulations Continue to Evolve
Fire safety regulations continue to develop as governments and industry bodies seek to improve workplace standards.
Business owners should remain aware of:
- Inspection requirements
- Equipment maintenance obligations
- Employee training expectations
- Documentation standards
- Building-specific responsibilities
Regular reviews help ensure organizations remain compliant while adapting to operational changes.
Compliance should be viewed not simply as a legal requirement but as part of broader risk management and corporate responsibility efforts.
The Future of Workplace Fire Safety
Emerging technologies, increased regulatory focus, and growing awareness of employee wellbeing are shaping the future of workplace safety.
Key trends include:
- Greater automation
- Improved monitoring capabilities
- Data-driven risk management
- Enhanced employee training platforms
- Smarter compliance systems
Businesses that proactively embrace these developments are often better positioned to manage risks while supporting sustainable growth.
Conclusion
Fire safety remains one of the most important responsibilities facing modern organizations. Effective prevention, early detection, employee training, and emergency preparedness all contribute to safer workplaces and stronger business resilience.
By incorporating tools such as a carbon monoxide detector and maintaining appropriate Fire Extinguishers, businesses can strengthen their overall safety framework while protecting employees, customers, and assets.
As organizations continue to grow and evolve, investing in fire safety is not simply a compliance exercise—it is a strategic decision that supports continuity, reputation, and long-term success.
Business
Exxaro Resources Limited (EXXAF) Analyst/Investor Day Transcript
Anda Mwanda
Manager of Investor Relations
Good morning, ladies and gentlemen. If we can start settling down, and thank you. Good morning, again, ladies and gentlemen, and welcome to Exxaro’s 2026 Capital Markets Day. And thank you for joining us today, both in person and online. To all our shareholders, the investment community, business partners, our colleagues, we welcome you.
My name is Anda Mwanda, the Manager of Investor Relations at Exxaro, and I have the privilege of facilitating this session today. But before we begin, there’s just a brief safety announcement that we would like to make.
Please note that we have not planned any emergency drill for today. If the alarm is activated, please remain calm and wait for the Exxaro floor marshals wearing red reflective vests to lead you to the assembly point. It’s in front of the building at the parking area where the roll call will be conducted.
We will all remain at the assembly point until instructions are issued to reenter the building by an Exxaro safety official. If you feel unwell at any time, please inform your host, who will escort you to the on-site clinic for medical assistance. In the event of this situation, please note
Business
Form 4 Harrow Health Inc For: 22 June

Form 4 Harrow Health Inc For: 22 June
Business
Connectivity Is Marvell’s Hidden Growth Engine Today (NASDAQ:MRVL)
I began investing early, inspired by the strategies of legendary investors like Warren Buffett, Peter Lynch, and Howard Marks. What started as a personal interest quickly became a disciplined, research-driven pursuit of long-term value and strategic growth. Over the years, I’ve developed a fundamental, bottom-up investing approach, with a keen focus on market psychology, business durability, and valuation discipline. While I study multiple sectors, I specialize in tech, particularly underappreciated or contrarian plays in software, semiconductors, and emerging innovation. I’m drawn to companies with scalable models, durable moats, and misunderstood narratives. I look for value the market hasn’t fully priced in and prefer digging through overlooked names with long-term potential rather than chasing trends. Through my research at Infinity Curve, I explore how investing success rarely follows a straight line, it’s a nonlinear process shaped by cycles, feedback loops, and constant recalibration.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MRVL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Crystal Lundberg and the Power of Building a Better Future
Some big ideas start in boardrooms. Others begin in the middle of difficult circumstances.
For Crystal Lundberg, one of the biggest ideas that shaped her life was simple: your past does not have to determine your future.
Today, Lundberg works as an Office Manager and Marketing Coordinator while continuing her education in Business Management and Digital Marketing. She has built a career around helping businesses become more organized, more efficient, and more effective in how they present themselves. But her journey started far from the business world she works in today.
Growing up in Rockford, Illinois, Lundberg faced challenges that could have easily limited her future. Instead, they helped shape the mindset that now drives her career and personal growth.
“I define success as growth, resilience, and the ability to create a meaningful life despite adversity,” Lundberg says. “Success is not only measured by accomplishments, but by the person you become throughout the journey.”
How Crystal Lundberg Turned Adversity Into Opportunity
Lundberg spent much of her childhood navigating instability. Her mother struggled with mental health challenges and addiction, leading to years spent in and out of foster care.
There were periods when consistency and structure felt impossible to find.
Yet one experience changed everything.
Around the age of eight, Lundberg was welcomed into the home of a family who cared deeply about her. They were not paid to take her in. They simply chose to help.
For the first time, she experienced a stable home environment.
“They showed me what love truly looked like,” Lundberg says. “For the first time in my life, I experienced stability, warmth, and unconditional love.”
The family attended church together, traveled during summers, and spent time at their cabin in Wisconsin. Those experiences gave her something she had never seen before: a clear vision of what a healthy and successful life could look like.
That vision became one of the first big ideas that would shape her future.
Why Education Became Crystal Lundberg’s Turning Point
Many people see education as a requirement. Lundberg saw it as a path forward.
Growing up, college did not always feel like a realistic goal. But she refused to let her circumstances define what was possible.
Instead, she committed herself to learning, improving, and creating opportunities through education.
She earned an Associate’s Degree in Business Management Administration in 2025 and completed esthetics training through Aveda. She is currently pursuing a bachelor’s degree focused on Business Management, Marketing, and Digital Marketing while also earning credits toward a master’s degree.
“Education became more than a goal for me,” Lundberg says. “It became a way to transform my future.”
Her academic journey represents more than degrees and coursework. It reflects a willingness to invest in long-term growth even when the path is challenging.
What Big Ideas Have Shaped Crystal Lundberg’s Career?
One theme appears consistently throughout Lundberg’s career: building systems that help people and organizations succeed.
In her current role, she helps manage operations, marketing initiatives, branding efforts, websites, administrative systems, and business development projects.
While many people focus only on creative ideas, Lundberg enjoys bringing structure to those ideas so they can become reality.
“I naturally thrive in environments where I can combine business strategy with creativity and innovation,” she says.
That combination has become one of her strengths.
Marketing requires creativity. Operations require organization. Business development requires vision. Lundberg enjoys working at the intersection of all three.
Her work reflects a belief that success is often created through small improvements made consistently over time.
“I believe consistency is more important than perfection,” she says.
That philosophy has influenced how she approaches projects, goals, and professional development.
What Skills Matter Most in Business and Marketing?
As someone working in both management and marketing, Lundberg believes adaptability has become one of the most important skills in today’s business environment.
The digital world changes quickly. Consumer behavior changes. Technology changes.
People who continue learning are often best positioned to grow.
“Marketing is constantly evolving, especially in the digital space, so being willing to learn and grow is essential,” Lundberg says.
She also believes strong branding goes beyond visuals and messaging.
“Creativity is equally important because strong branding and marketing require the ability to connect with people emotionally and strategically.”
Along with creativity, she points to leadership, communication, integrity, and professionalism as qualities that help create long-term success.
The Mindset Behind Crystal Lundberg’s Success
One reason Lundberg’s story resonates is because it is ultimately about transformation.
Rather than allowing difficult circumstances to become permanent limitations, she used them as motivation to keep moving forward.
Her approach to goals reflects that mindset.
“I start by identifying long-term goals and then break them down into smaller, achievable short-term steps,” she says.
When challenges appear, she focuses on perspective rather than fear.
“In moments of self-doubt, I remind myself how far I have already come and everything I have overcome.”
Today, Lundberg continues building her career while pursuing higher education and exploring new opportunities in business development, branding, marketing strategy, and entrepreneurship.
Her story is not about overnight success. It is about the power of a simple idea pursued consistently over time: that growth is possible regardless of where someone begins.
“I believe growth should never stop,” Lundberg says. “I am always striving to become a better version of myself.”
For Crystal Lundberg, that idea has not only shaped her life. It continues to shape the career she is building today.
Business
Thule Group AB (publ) (THUPY) Discusses Pre-Quarter Update, Growth in Champion Product Categories, and Recent Acquisition in Dog Transportation – Slideshow
Thule Group AB (publ) (THUPY) Discusses Pre-Quarter Update, Growth in Champion Product Categories, and Recent Acquisition in Dog Transportation – Slideshow
Business
Why Physical Security Still Matters in an Increasingly Digital World
In today’s business environment, cybersecurity often dominates conversations about risk management. Companies invest heavily in firewalls, encryption, and digital monitoring systems to protect sensitive information and maintain operational continuity. While these measures are essential, physical security remains equally important.
Businesses continue to rely on offices, warehouses, retail premises, storage facilities, and operational sites that require effective protection against unauthorized access, theft, and vandalism. Regardless of how advanced digital security becomes, physical vulnerabilities can still create significant financial and operational risks.
As organizations seek to build comprehensive security strategies, understanding the role of traditional access control solutions remains highly relevant. Simple yet effective security measures continue to provide valuable protection across a wide range of industries.
Why Physical Security Is Essential for Modern Businesses
Every business owns physical assets that require protection.
These assets may include:
- Inventory
- Equipment
- Company vehicles
- Confidential documents
- IT infrastructure
- Tools and machinery
Unauthorized access to these assets can result in financial losses, operational disruption, and reputational damage.
Physical security serves as the first line of defense by helping businesses control who can enter specific locations and access valuable resources.
While technology has introduced sophisticated electronic security systems, many organizations still depend on reliable mechanical security solutions as part of a broader protection strategy.
What Are the Most Common Physical Security Risks?
Businesses face a variety of security challenges depending on their industry and operating environment.
Common risks include:
Theft
Theft remains one of the most significant concerns for businesses of all sizes.
Unauthorized Access
Restricted areas may contain sensitive information, hazardous materials, or valuable equipment.
Vandalism
Property damage can lead to repair costs and business interruption.
Internal Security Issues
Not all security incidents originate externally. Controlling access within a facility can be equally important.
Asset Mismanagement
Without proper access control measures, businesses may struggle to monitor and protect valuable resources.
Addressing these risks requires a combination of policies, employee awareness, and appropriate security hardware.
Why Layered Security Delivers Better Protection
Security professionals often recommend a layered approach to protection.
Rather than relying on a single measure, businesses benefit from multiple safeguards working together.
A layered strategy may include:
| Security Layer | Purpose |
| Perimeter Protection | Prevent unauthorized entry |
| Access Control | Restrict sensitive areas |
| Surveillance Systems | Monitor activity |
| Employee Policies | Encourage accountability |
| Physical Locks | Secure assets and facilities |
Each layer contributes to overall risk reduction and strengthens the organization’s security posture.
How Access Control Supports Business Operations
Access control is not only about preventing unauthorized entry.
It also helps businesses:
- Organize workflows
- Protect sensitive information
- Manage employee access
- Improve accountability
- Reduce operational risks
By limiting access to designated personnel, organizations can better protect assets while maintaining efficient daily operations.
This principle applies equally to large corporate facilities and small independent businesses.
The Continued Relevance of Mechanical Security
Modern security systems often incorporate digital technologies such as biometric scanners, smart locks, and remote monitoring platforms.
Despite these innovations, traditional mechanical security solutions remain widely used because they offer several advantages:
Reliability
Mechanical systems do not depend on power supplies or network connectivity.
Simplicity
They are easy to operate and require minimal technical knowledge.
Cost-Effectiveness
Many businesses find them economical for protecting specific assets and locations.
Durability
High-quality security hardware can provide years of dependable service.
These characteristics make mechanical solutions valuable components of broader security strategies.
Why Security Hardware Quality Matters
Not all security products provide the same level of protection.
Inferior hardware may be vulnerable to:
- Corrosion
- Wear and tear
- Tampering
- Environmental damage
- Premature failure
Selecting quality products helps businesses reduce maintenance requirements and improve long-term security performance.
When evaluating security hardware, factors such as construction materials, durability ratings, and intended applications should all be considered.
Protecting Assets in Multiple Environments
Different business environments present unique security requirements.
For example:
Warehouses
Inventory protection is often a primary concern.
Construction Sites
Equipment and tools may require temporary but reliable security solutions.
Retail Stores
Storage areas frequently contain valuable merchandise.
Offices
Sensitive records and technology assets must remain protected.
Educational Facilities
Restricted access helps safeguard students, staff, and resources.
A flexible approach to physical security allows organizations to address these varying requirements effectively.
Why Padlocks Remain Widely Used
Among the most recognizable security devices, Padlocks continue to play an important role across numerous industries.
Their popularity stems from several advantages:
- Portability
- Versatility
- Ease of installation
- Cost-effectiveness
- Broad application range
They are commonly used to secure:
- Gates
- Storage units
- Lockers
- Toolboxes
- Cabinets
- Equipment enclosures
Because they can be deployed in both temporary and permanent situations, they remain a practical solution for businesses seeking straightforward access control.
Modern designs offer enhanced durability and resistance to tampering, making them suitable for increasingly demanding environments.
Understanding the Importance of Key Management
Managing physical keys can become challenging as organizations grow.
Issues may include:
- Lost keys
- Unauthorized duplication
- Staff turnover
- Access tracking difficulties
To address these concerns, businesses often implement structured key management programs that establish clear responsibilities and procedures.
Effective key management supports security while helping organizations maintain operational efficiency.
When Are Combination Padlocks the Right Choice?
Some environments benefit from eliminating physical keys altogether.
Combination Padlocks provide an alternative access solution that allows users to unlock security devices using a numerical code.
Advantages may include:
- No keys to lose
- Simplified access management
- Reduced replacement costs
- Convenient multi-user access
These features make them particularly useful in situations where multiple authorized users require access to the same secured area.
However, businesses should establish procedures for code management and regular updates to maintain security effectiveness.
Security and Employee Accountability
Physical security measures can also encourage accountability within the workplace.
Clearly defined access controls help:
- Establish responsibility
- Reduce unauthorized usage
- Improve asset tracking
- Support incident investigations
Employees who understand access procedures are more likely to follow established security protocols, contributing to a stronger overall security culture.
Supporting Compliance and Risk Management
Many industries operate under regulatory requirements related to security, safety, and asset protection.
Physical security measures often contribute to compliance efforts by helping organizations:
- Protect confidential information
- Secure hazardous materials
- Safeguard valuable equipment
- Demonstrate risk management practices
Compliance should not be viewed solely as a legal obligation. Strong security practices also support business continuity and stakeholder confidence.
Choosing the Right Security Partner
Selecting appropriate security hardware requires careful consideration.
Businesses should evaluate suppliers based on:
Product Quality
Reliable products contribute to long-term protection.
Industry Expertise
Knowledgeable suppliers can recommend suitable solutions for specific applications.
Product Range
Comprehensive inventories simplify procurement processes.
Customer Support
Ongoing assistance can improve purchasing decisions and implementation outcomes.
Working with experienced suppliers often helps organizations develop more effective security strategies.
Supporting Business Security Through Specialist Expertise
Security requirements vary significantly across industries, making expert guidance increasingly valuable.
Locks Direct has built a strong reputation for supplying a wide range of physical security products designed to support residential, commercial, and industrial applications. By offering specialist expertise alongside extensive product availability, the company helps customers identify solutions tailored to their specific security challenges.
As security threats continue evolving, access to knowledgeable suppliers remains an important component of effective risk management.
The Future of Physical Security
Although digital security technologies continue advancing, physical protection will remain a fundamental requirement for businesses.
Future trends are likely to include:
- Greater integration between physical and digital systems
- Smart access management technologies
- Enhanced monitoring capabilities
- Improved security analytics
- Stronger emphasis on layered protection strategies
However, traditional mechanical security devices will likely continue playing an important role because of their reliability, simplicity, and versatility.
Conclusion
Effective business security requires a balanced approach that addresses both digital and physical risks. While technology continues transforming how organizations protect their assets, fundamental security principles remain unchanged.
Solutions such as Padlocks and Combination Padlocks continue providing practical, dependable protection across a wide range of industries and applications. When incorporated into a broader security strategy, these simple yet effective tools help businesses reduce risk, improve accountability, and protect valuable assets.
As organizations navigate an increasingly complex threat landscape, investing in quality physical security measures remains an essential part of long-term business resilience.
Business
Coca-Cola battles IRS in federal appeals court with $20 billion at stake
SlateStone Wealth chief market strategist Kenny Polcari discusses whether investors are too dependent on AI, Space X’s IPO and his outlook for the markets on ‘Varney & Co.’
Coca-Cola and the IRS are heading to court with $20 billion on the line amid a years-long dispute over the beverage company’s reporting of profits made in the U.S. and overseas.
The soda giant is taking its case to a federal appeals court in Miami as it looks to resolve a tax liability stemming from how Coca-Cola and its foreign subsidiaries disclosed profits from 2007 to 2009 using an accounting practice known as transfer pricing.
The case centers on an agreement between the company and the IRS from 1996 about how the company would report foreign profits, as Coca-Cola’s U.S. corporation licenses its intellectual property – ranging from recipes, brand names and trademarks – to foreign subsidiaries that manufacture concentrates used to make its beverages for foreign markets.
Coca-Cola argues that it structured its operations to comply with the 1996 agreement using a “10-50-50” method that lets foreign suppliers keep 10% of the gross sales, with the U.S. parent company and foreign subsidiary splitting the remaining profits.
COCA-COLA SHUTTING DOWN CALIFORNIA FACILITY AFTER MORE THAN A CENTURY

Coca-Cola argues the IRS backtracked on an agreement it reached with the company in 1996. (Rachel Wolf/Fox News Digital)
“Far from seeking to evade its tax obligations, Coca-Cola carefully structured its operations to adhere to a method that the IRS had repeatedly blessed,” the company said in a court filing, per The Wall Street Journal.
The outlet reported that the IRS counters that the 1996 agreement was retroactive to 1987 but didn’t apply to future years, and that it only offered protection from penalties for the use of the 10-50-50 method as opposed to immunity.
The IRS said in its own filing that the “combination of two non-promises does not add up to a promise, as Coca-Cola wishes.”
COCA-COLA’S YELLOW CAPS ARE BACK – WHAT THEY MEAN AND WHY THEY’RE COMPARED TO MEXICAN COKE
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| KO | THE COCA-COLA CO. | 79.53 | +0.14 | +0.18% |
While the company’s tax filings from 2007 to 2009 were the focus of the IRS’ initial case, Coca-Cola has continued to use the accounting method as the legal dispute has played out.
The IRS prevailed over Coca-Cola in a Tax Court ruling in 2020, which resulted in the company paying $6 billion in taxes and interest as the judge ruled the parent company’s deals with foreign subsidiaries were structured improperly to keep profits overseas in lower tax jurisdictions.
COCA-COLA OFFICIALLY ROLLS OUT CANE SUGAR SODA ACROSS US MARKETS FOLLOWING TRUMP’S URGING: REPORT

The IRS argues Coca-Cola’s international accounting practices were flawed and not approved. (Kayla Bartkowski/Getty Images)
That money could go back to Coca-Cola with interest if the company prevails with its appeal, though it could face an even larger tax bill if it’s defeated in court due to the ongoing use of the tool.
Coca-Cola would owe an estimated $14 billion in taxes and interest for the 2010 through 2025 tax years, bringing the total to $20 billion if it loses its appeal against the IRS.
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The Journal noted that the potential $14 billion liability could cause Coca-Cola to borrow to pay the IRS, as the amount exceeds the cash it has on hand – though analysts have said the company is emphasizing it has the needed liquidity to cover the bill and maintain its dividend for investors.
Coca-Cola declined to comment. FOX Business reached out to the IRS for comment.
Business
Larry Michael Baum: Building Florida’s Green Future
Florida is growing fast. Population is rising. Housing demand is constant. But growth without planning creates strain.Larry Michael Baum
has spent his career trying to solve that tension.
As Managing Partner of Stellar Communities in Aventura, Florida, he has helped develop more than 3,000 eco-friendly homes across the state. His focus is not just building homes. It is building communities that last.
“We don’t treat sustainability as a marketing feature,” Larry Michael Baum says. “It has to be operational. It has to work long term.”
That mindset has shaped his entire career.
Early Roots: Miami Beach to Florida State
Larry Michael Baum was born in Miami Beach. He grew up in Florida’s evolving real estate landscape.
He later attended Florida State University, where he studied real estate and finance. That education gave him both market awareness and financial discipline.
“I always saw housing as more than property,” he says. “It shapes how people live every day.”
After graduating from FSU, he entered the industry immediately. He did not drift between careers. Real estate development was always the path.
Leading Stellar Communities
More than 15 years ago, Larry Michael Baum took on a leadership role at Stellar Communities.
The mission was clear: build environmentally responsible housing while maintaining economic resilience.
Over time, the company developed more than 3,000 homes across Florida. These projects span both for-rent and for-sale communities.
“Green building only works if it’s repeatable,” he says. “It has to make sense structurally, not just philosophically.”
That principle guided project selection, design standards, and operational systems.
What Makes Sustainable Development Work?
Sustainability in real estate is often misunderstood. Some see it as expensive. Others see it as optional.
Larry Michael Baum sees it as strategic.
“You can’t ignore climate and infrastructure realities in Florida,” he says. “If you build without thinking long term, you create problems.”
Florida consistently ranks among the fastest-growing states in the country. Housing demand remains high. At the same time, energy efficiency and environmental resilience have become more important.
Stellar Communities integrates green development principles into design. That includes energy-conscious planning, materials selection, and community-level design thinking.
But he emphasizes balance.
“Sustainability and economic resilience have to move together,” he says. “Otherwise the model doesn’t hold.”
The Rise of Missing Middle Housing
One area that interests Larry Michael Baum deeply is missing middle housing.
This concept focuses on mid-scale residential options. Duplexes. Townhomes. Walkable neighborhoods.
Florida’s growth has often leaned heavily on either large single-family homes or high-rise buildings. The middle segment remains underdeveloped.
“Urbanism matters,” he says. “Communities need diversity in housing types.”
He believes thoughtful density strengthens local economies. It also supports community interaction.
This approach reflects his broader philosophy: housing should support wellness and livability, not just square footage.
Awards and Recognition
Stellar Communities has received multiple green awards for sustainable housing efforts.
Recognition is appreciated, but it is not the driver.
“Awards are feedback,” Larry Michael Baum says. “The real measure is whether the community performs over time.”
Performance means lower operational strain. Strong occupancy. Long-term viability.
The focus remains practical.
Building With Discipline
One theme runs through Larry Michael Baum’s career: discipline.
From FSU to leading a major development firm, his path has been steady.
“I’ve always believed growth should be responsible,” he says. “Florida has momentum. The question is how we guide it.”
That guidance requires planning. Infrastructure awareness. Environmental foresight.
Real estate development affects roads, utilities, traffic patterns, and community culture.
He understands that responsibility.
The Future of Sustainable Real Estate in Florida
Florida’s housing market continues to evolve. Population growth brings opportunity. It also brings pressure.
Larry Michael Baum believes sustainable communities will define the next phase of development.
“Wellness buildings, green communities, smarter density,” he says. “Those are not trends. They’re necessities.”
He sees long-term resilience as the competitive edge.
Housing that conserves resources. Housing that supports community structure. Housing that performs economically without sacrificing environmental standards.
That balance is not simple.
But it is achievable with consistent strategy.
Why Larry Michael Baum’s Work Matters
Real estate developers shape physical environments. Those environments shape daily life.
Larry Michael Baum has spent more than a decade proving that sustainability and growth do not have to conflict.
His work at Stellar Communities reflects a clear philosophy:
Plan long term.
Build responsibly.
Maintain economic discipline.
Florida’s future will be shaped by leaders who understand that housing is infrastructure.
Larry Michael Baum is one of them.
“Development is about stewardship,” he says. “You’re shaping something that will outlast you.”
Business
Investar Holding Corp appoints Wipfli as new auditor following BDO dismissal

Investar Holding Corp appoints Wipfli as new auditor following BDO dismissal
Business
Katy Perry Announces Release of New Single ‘Watch It Burn’ for June 25 Amid Reflection on Personal Challenges
LOS ANGELES — Katy Perry has revealed that her latest single, “Watch It Burn,” will be released on June 25, marking a new chapter in the pop star’s musical journey following a period of personal reflection. The announcement, shared via social media, comes as the singer continues navigating her career after recent professional and personal transitions.
Perry, known for hits including “California Gurls,” “Firework” and “Roar,” posted the news on Instagram with an image featuring the track title. The caption simply stated the release date, generating immediate buzz among fans eager for new material from the artist.
The song was co-written with Justin Tranter, a frequent collaborator known for work with major pop acts. Perry debuted the track during a performance at the O Son do Camiño festival in Spain on June 19, offering audiences an early glimpse of the new release. A teaser shared on her platforms shows her in a black outfit holding a baseball bat against a graffiti backdrop, hinting at the song’s thematic tone.
In a recent podcast appearance, Perry opened up about the emotional backdrop to her recent work.
“I am wrestling with my darkness, but last year was pretty tough…I have not given myself permission to be angry my whole life over things where I should be angry about. What I’ve done is I pushed it down, but I should be angry. I’m allowed to be angry,” she said.
“So instead of falling into ‘Woe is me,’ I just was like, ‘Okay, let’s just feel the pain,’ let’s feel this pain, let’s feel this anger and let’s move on, let’s learn from it also,” she added.
The comments provide context for “Watch It Burn,” suggesting themes of processing difficult experiences and emerging stronger. Perry’s willingness to discuss mental and emotional challenges has resonated with fans who appreciate her authenticity alongside her pop persona.
Perry broke through in 2008 with “I Kissed a Girl,” which topped the Billboard Hot 100 and established her as a major force in pop music. Her career has since included multiple chart-topping albums, Super Bowl halftime performances and ventures into television judging roles. The new single arrives at a time when she continues balancing music with other professional endeavors.
The pop landscape has evolved significantly since Perry’s early hits, with streaming platforms and social media playing larger roles in artist-fan connections. “Watch It Burn” will benefit from this infrastructure, with Perry’s substantial online following poised to amplify its reach upon release.
Industry observers anticipate the track will showcase Perry’s signature blend of catchy melodies and empowering messages. Her previous work has often addressed self-discovery, resilience and celebration, themes that appear to align with her recent reflections.
Perry’s festival performance in Spain served as an effective launchpad for the single. Audiences responded positively to the debut, with social media clips circulating quickly after the show. Such live introductions have become standard for major artists testing new material before official releases.
The collaboration with Tranter brings additional creative pedigree. His songwriting credits span numerous successful pop releases, suggesting “Watch It Burn” benefits from proven expertise in crafting radio-friendly yet substantive tracks.
Perry has maintained a consistent presence in popular culture beyond music. Her judging tenure on “American Idol” introduced her to new generations of viewers, while her entrepreneurial efforts in fashion and other areas demonstrate diversified interests. The new music represents a return to core artistic expression.
Fans have expressed excitement about the June 25 release date. Social media platforms have seen increased activity around Perry’s announcement, with many speculating about the song’s sound and potential chart performance. The timing aligns with summer release patterns when pop singles often gain significant traction.
The music industry’s competitive environment requires artists to continually innovate while staying true to their identities. Perry’s career demonstrates adaptability, from bubblegum pop beginnings to more mature explorations in later work. “Watch It Burn” appears positioned to continue this evolution.
Production details for the single remain limited, but the festival debut offered clues about its energy and style. Perry’s live performances have long been highlights of her career, known for elaborate staging and energetic delivery. The Spain show followed this tradition.
As the release date approaches, anticipation will likely build through additional promotional activities. Perry’s team has mastered modern marketing approaches that blend traditional media with direct fan engagement via digital platforms.
Perry’s influence extends beyond chart performance. She has used her platform to address social issues and support various causes, enhancing her connection with audiences. The personal themes in “Watch It Burn” may further strengthen these bonds.
The broader pop music scene in 2026 features a mix of established veterans and emerging talents. Perry’s new release will compete for attention while benefiting from her established fan base. Industry analysts will watch its performance closely as an indicator of veteran artists’ continued relevance.
June 25 marks a significant date for Perry’s latest chapter. The single’s themes of confronting pain and moving forward offer timely resonance for many listeners. As Perry continues evolving as an artist, “Watch It Burn” represents both personal catharsis and professional progression.
Music enthusiasts and industry professionals alike await the full release to assess how it fits within Perry’s catalog. Early indications suggest a track aligned with her strengths while incorporating fresh perspectives gained through recent experiences.
The announcement reinforces Perry’s status as a consistent presence in popular music. From breakthrough hits to current releases, her career reflects dedication to craft and connection with audiences. “Watch It Burn” adds another layer to this ongoing story.
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