New York Times |
Staples to Sell for $6.9 Billion, and Its New Owner Has an Uphill Battle
New York Times The retailer Staples is said to have agreed to sell itself to a private equity firm, Sycamore Partners. Credit Lucy Nicholson/Reuters. As online shopping claims ever more casualties, Staples, a mainstay of office supplies, has agreed to sell itself to … Staples – It's Official, Sycamore Puts Investors Out Of Their MiserySeeking Alpha Staples Is Being Bought for $6.9 BillionFortune Staples purchase could mean store closings, employee cuts, experts sayMetroWest Daily News Reuters –USA TODAY –SFGate –Bloomberg all 143 news articles » |
As Adobe evolved from a company that focused on selling products to offering cloud-based services, the company has refocused on investing in people. For example, in 2016, Adobe launched its Digital Academy, which offers education scholarships and stipends to low-income individuals and underrepresented minorities.”Social impact and sustainability is about people and planet, but it’s also impacting people’s lives,” said Liz Lowe, Adobe’s sustainability and social impact lead.
Bloomberg |
Euro Set for More Gains After Draghi Breaks Bund Spread Support
Bloomberg European Central Bank President Mario Draghi's suggestion that there is room for paring stimulus has pushed the U.S.-German yield spread below a multi-year support level, signaling further gains in the euro, according to Mizuho Bank Ltd. A narrower U.S … Morning News Call – India, June 28Reuters Asia markets mostly lower after Senate delays health-care vote, Draghi hints at policy shiftCNBC ECB's Draghi Hints at Possible Winding Down of Eurozone QE — 5th UpdateFox Business Forbes –Business Insider –The Boston Globe –The Fiscal Times all 328 news articles » |
BBC News |
Toshiba sues Western Digital over memory chip sale
BBC News Toshiba is suing Western Digital for 120bn yen ($1bn; £835m), accusing it of interfering in the attempted sale of its flash memory business. The Japanese giant is offloading the unit, which makes chips for smartphones and laptops, to cover huge losses … Toshiba Sues Western Digital for 120 Billion Yen in DamagesBloomberg Toshiba faces shareholders with no chip unit deal signedReuters Toshiba Misses Its Deadline for a Deal for Its Microchip UnitNew York Times Washington Post –Wall Street Journal (subscription) –The New Indian Express –The Japan Times all 93 news articles » |
