Make Homepage   |   Bookmark This Page
Chest of News
Category : Business (Archive for 2016-07-20) News by Google
Also in that month:


Bloomberg
U.S. Seeks $1 Billion in 1MDB-Tied Assets, 'Wolf of Wall Street' Royalties
Bloomberg
The U.S. Justice Department is seeking to seize more than $1 billion in assets including real estate, art and proceeds from the “Wolf of Wall Street” movie that it says were illegally acquired with money diverted from the embattled Malaysian ...

Bloomberg
Why Unilever Really Bought Dollar Shave Club
Bloomberg
Dollar Shave Club hit the jackpot when Unilever agreed to buy the online men's razor merchant for $1 billion. Other e-commerce startups such as Birchbox and Stitch Fix can't necessarily expect their own suitor to sweep in with such sweet deals.

Reuters
Microsoft, Morgan Stanley lift Dow, S&P to records
Reuters
U.S. stocks rose on Wednesday, with the Dow and the S&P 500 hitting fresh records, as Microsoft's strong results boosted optimism regarding the health of quarterly earnings. Also helping stocks was a reversal in oil prices, with Brent crude up nearly 1 ...

Wall Street Journal
Luke Ellis, the New Man in Charge at Man Group
Wall Street Journal
For Luke Ellis, the top job at the world's largest listed hedge-fund firm has been a long time coming. Mr. Ellis will replace longtime friend Manny Roman at the helm of Man Group MNGPY 0.00 % PLC, which manages $78.6 billion in assets, later this year.

U.S. News & World Report
Enbridge Agrees to Spend $172 Million for 2010 Oil Spill
Bloomberg
Enbridge Inc. will spend $172 million paying fines and boosting safety across its pipeline operations in a deal with the Justice Department resolving Clean Water Act violations connected to its 2010 oil spill near Marshall, Michigan. The settlement ...

Bloomberg
HSBC Bankers Are First Individuals Charged in U.S. Currency Case
Bloomberg
Federal agents surprised an HSBC Holdings Plc executive as he prepared to fly out of New York's Kennedy airport around 7:30 p.m. Tuesday, arresting him for an alleged front-running scheme involving a $3.5 billion currency transaction in 2011.

Reuters
Abbott sales beat on higher demand for medical devices
Reuters
Abbott Laboratories reported a better-than-expected 3.2 percent rise in quarterly sales, helped by strength in its medical device business. Sales in the medical device division rose 6.4 percent to $1.37 billion in the second quarter, driven primarily ...

Bloomberg
Morgan Stanley Profit Beats Estimates as Bond Trading Gains
Bloomberg
Morgan Stanley posted profit that beat analysts' estimates as the firm reported a surprise gain in bond-trading revenue and compensation costs that were lower than expected. Net income fell 5 percent to $1.58 billion, or 75 cents a share, from $1.67 ...

Dallas Morning News
Delta Gets Only New Tokyo Route as Haneda Flights Shift to Day
Bloomberg
American, Delta, United and Hawaiian airlines each won tentative approval from federal regulators for daytime flights between the U.S. and Tokyo's Haneda airport, although only Delta received approval to add service from a new city to the Japanese capital.

Detroit Free Press
Dow Chemical planned merger moves ahead amid layoffs
Detroit Free Press
The transformation of one of Michigan's largest companies moved forward Wednesday after shareholders at Dow Chemical and DuPont approved a merger of former rivals now poised to shake up the materials sector. The corporate tie-up is the first step ...

Archive (Business )
Created by
gilevich.com