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Category : Business (Archive for 2018-09-25) News by Google
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Fortune
Instagram Co-Founders to Leave Facebook
Fortune
Instagram's co-founders are leaving the popular photo-sharing app, raising questions about the future direction of what has been a growth engine for parent company Facebook. Instagram CEO Kevin Systrom said Monday evening in a corporate blog post that ...

Reuters
Comcast crosses 30 percent Sky threshold after buying shares
Reuters
LONDON (Reuters) - Comcast (CMCSA.O), the victor in the $40 billion auction for Sky (SKYB.L), said on Tuesday it had bought more than 30 percent of the European pay-TV group's shares in the market. FILE PHOTO: The NBC and Comcast logos are ...

Motley Fool
A Big-Name Acquisition -- and a Big Price Tag -- Has Shares of Michael Kors Moving Monday
Motley Fool
Shares of Michael Kors Holdings (NYSE:KORS), designer and manufacturer of luxury apparel, footwear, and handbags, are down nearly 8% as of 2:14 PM EDT Monday after news broke that the company was close to completing a deal for Italy's Versace.

Wall Street Journal
Sears CEO Pushes a Rescue Plan to Avoid Bankruptcy
Wall Street Journal
Warning that Sears Holdings Corp. is running out of time and money, CEO Edward Lampert is making his biggest push yet to restructure the retailer to avoid a bankruptcy filing, as a debt payment looms next month. Mr. Lampert, who is also Sears's ...
Retailers warn of price hikes as China tariffs take hold
Retail Dive
Several U.S. retailers are warning that prices are likely to rise on at least some goods as new tariffs on goods from China take effect on some $200 billion worth of Chinese imports on Monday. The chief executives from the likes of Walmart, Target, Gap ...

Nasdaq
Is It Time to Ditch Your Fish Oil Pill for This "Miracle" Medicine?
Nasdaq
It's not your ordinary fish oil pill. As a purified formulation of the long-chain omega3 fatty acid eicosapentaenoic acid (EPA), Amarin 's (NASDAQ: AMRN) Vascepa doesn't contain docosahexaenoic acid (DHA), an omega3 fatty acid that can elevate bad ...

Bloomberg
Starbucks Plans 'Significant Changes' to Company's Structure
Bloomberg
Starbucks Corp. is planning an organizational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors' interest. “We must increase the velocity of innovation that ...

The Australian
Stocks pressured on revived growth fears
The Australian
Share this article. Facebook · Twitter · Email; Print; Save. Stocks pressured on revived growth fears. By Shinichi Saoshiro; Reuters; 11:22AM September 25, 2018. Share this article. Facebook · Twitter · Email; Print. Asia stocks have struggled as the ...

Reuters
Canada's Barrick Gold to buy Randgold for $6.5 billion
Reuters
LONDON (Reuters) - Canada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put ...

TheStreet.com
Here's Why Tesla's In-House Body Shops Are a Big Deal
TheStreet.com
Tesla Inc. (TSLA - Get Report) has quietly been rolling out its own body shops - and that has big implications for the firm's ability to scale into a mainstream automaker. On the surface, it might not seem like having company-owned body shops is a big ...

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