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Business News

Location American Business News for 24 September 2018

Amcor, Huhtamaki in talks to acquire Essel Propack

livemint.com - 24 Sep 2018 19:58
Amcor, Huhtamaki in talks to acquire Essel Propack Essel's promoter group led by Ashok Goel, the younger brother of founder Subhash Chandra, has mandated Morgan Stanley to manage the transaction
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All Time S&P 500 Price Highs: Do 2 Classic Indicators Suggest Caution? A short look at the divergences between the news of "all time highs" and classic market strength indicators.
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Disneyland Resort hotel workers approve a new contract with a $15-an-hour minimum wage After months of demonstrations and protests, hotel workers at the Disneyland Resort in Anaheim overwhelmingly approved a contract that boosts hourly salaries by at least 40% over two years and clears the way for staff to...
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What JPMorgan Chase does to develop female tech leaders

American Banker - 24 Sep 2018 05:07
Can improv classes help women in tech advance to senior leadership? It's one tactic to attract and retain top female technologists at the nation's largest bank.
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Spending on digital marketing grew by 44 percent last year in the United States and Britain to $52 billion, a study has found, estimating that global outlays on such tactics are approaching $100 billion.
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The CEOs of Fannie Mae and Freddie Mac are stepping down because the job they were hired to do -- return the GSEs to profitability -- is done. But attracting top-flight candidates to lead the mortgage giants into a new p...
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Oprah is on Fortune’s 218 Most Powerful Women list Here are the top reasons why.        
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Michael Kors Reportedly Set To Acquire Versace For $2 Billion

Retail Touch Points - 24 Sep 2018 16:57
Michael Kors Reportedly Set To Acquire Versace For $2 Billion Michael Kors is nearing an agreement to acquire Versace, people familiar with the matter told Bloomberg. The deal, which values Versace at approximately $2 billion, could be announced as early this week. Donatella Versac...
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Nashville women rally around female entrepreneurs through SheEO funding model Through SheEO, 500 women contribute $1,100 to help other female entrepreneurs. So far, 32women-led companiesin 4 countries have received funding.        
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Investors consider the health of Italy's finances a major threat to the euro, so all eyes are on next week's Italian budget proposal.
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Uber's fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation's sudden economic unraveling, which has boosted unemployment and sliced the purchasing power of...
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Global stocks slip after US and China impose new tariffs Global stock markets are down after the US and China officially put new tariffs on each other's goods and China reportedly rebuffed a plan for talks with the U.S. Industrial and basic materials companies falling
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Satellite radio company Sirius XM Holdings Inc will buy online music service Pandora Media Inc in a $3.5 billion all-stock deal that will help it battle growing competition from streaming rivals Spotify and Apple Music.
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Brexit backers advocate alternative economic plan

Miami Herald - 24 Sep 2018 16:19
Brexit advocates unveiled Monday a new economic plan for Britain's departure from the European Union as official figures emerged showing the country's increasingly deteriorating trade in goods relationship with the …
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Markets Right Now: Stocks sink as China said to rebuff talks Stocks are opening broadly lower on Wall Street after China reportedly rebuffed a plan for talks with the U.S. on resolving their trade dispute
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Stocks open lower as investors fret about trade. Oil prices jump as OPEC shrugs off U.S. pressure to boost supply U.S. stocks fell Monday, with technology shares leading declines amid a rise in trade tensions with China. Oil climbed and the euro rallied. All three major U.S. stock indexes declined, with the tech-heavy Nasdaq indexes...
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Some Stock Market Bulls Tout Dow Theory Buy Signal What key indexes are saying about current markets.
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These buildings look like mutant 3D models come to life Nothing is what it seems in MVRDV’s latest project. By the looks of it, Dutch architecture studio MVRDV had way too much fun designing these buildings in an entertainment complex known as The Imprint, near South Kore...
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Schools turn to technology to monitor e-cig usage

Miami Herald - 24 Sep 2018 07:01
Fort Smith schools expanded anti-tobacco policy to include vaping and e-cigarettes "a number of years ago." Schools around the country are beginning to install sensors in bathrooms, locker rooms and …
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Investor unease as Yes Bank loses its crown

livemint.com - 24 Sep 2018 06:06
Investor unease as Yes Bank loses its crown Yes Bank's scorching pace of growth has been attributed to Rana Kapoor's aggressiveness and he was also the face of the lender at every forum
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Asia shares stumbled in holiday-thinned trading on Monday as China ramped up trade tensions by cancelling upcoming tariff talks with the United States, while oil prices jumped after top producers ruled out boosting crude...
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Under Erdoes, the megabank's asset management unit posted record revenue and net income in 2017 as client assets hit an all-time high.
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