NOLA.com Dell Technologies to Cut at Least 2000 Jobs After EMC DealBloombergDell Technologies plans to cut about 2,000 to 3,000 jobs after acquiring EMC Corp. in the largest technology acquisition ever, according to people familiar with the company's plans. The reductions are planned for later this year and will be mostly in …Dell to cut […]
Reuters Asia stocks hit 1-year high as soft US data quells Fed hike talkReutersA man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon. By Hideyuki Sano | TOKYO. TOKYO The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly …Asian Shares Mostly Up, […]
Fortune Australia's Economy Toasts 25 Years Without a RecessionFortuneThe nation's economy expanded at its fastest annual pace in four years last quarter. Australia's resource-rich economy expanded at its fastest annual pace in four years last quarter, clinching a remarkable run of 25 years without recession as surging …Australia notches up 25 years of growth as […]
Washington Post Judge grants partial stop on North Dakota pipeline workWashington PostWASHINGTON — An American Indian tribe succeeded Tuesday in getting a federal judge to temporarily stop construction on some, but not all, of a $3.8 billion four-state oil pipeline, but its broader request still hangs in the balance. U.S. District …Company agrees to temporarily […]
Reuters Ackman buys into Chipotle, to talk to management; shares jumpReutersA Chipotle Mexican Grill is seen the day before it announces its first quarter results, in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson. By Svea Herbst-Bayliss | BOSTON. BOSTON Activist investor William Ackman's hedge …Bill Ackman's Pershing Square takes big stake in ChipotleMarketWatchPershing […]
Tulsa World Judge puts hold on plan to open California lands to frackingTulsa WorldLOS ANGELES (AP) — A federal judge on Tuesday tentatively rejected a plan by the federal Bureau of Land Management to open more than 1,500 square miles of lands in central California to oil drilling and fracking. The BLM failed to take […]
Washington Post ITT Technical Institutes shut down after 50 years in operationWashington PostITT Educational Services, one of the largest operators of for-profit technical schools, ended operations at all of its ITT Technical Institutes on Tuesday, citing government action to curtail the company's access to millions of dollars in federal loans …ITT Tech shutters all campuses […]
Bloomberg Enbridge May Have Just Touched Off a 'Supermajor' Race for PipesBloombergIs the North American pipeline sector about to be consumed by merger mania? With Enbridge Inc. planning a $28 billion takeover of Spectra Energy Corp., some investors say the industry's in store for more deals as pressure mounts on the likes of …Enbridge to […]
Fortune Allergan's CEO Just Pledged a 'Social Contract' With Patients on Drug PricesFortuneIncluding a promise for reasonable drug prices. Allergan AGN 1.34% CEO Brent Saunders tried to convey a simple message to investors and customers on Tuesday: I'm not on board with unreasonable price hikes for life-saving drugs. In a blog post on the …Allergan vows […]
Wall Street Journal Morningstar Founder Joe Mansueto to Step DownWall Street JournalThe man who launched Morningstar Inc. MORN -0.86 % from his Chicago apartment in 1984 is stepping down as chief executive. Joe Mansueto will become executive chairman of the mutual-fund data company in January. His successor will be the firm's …Morningstar, Inc. Names Kunal Kapoor […]