London comes to Macau as Las Vegas Sands revamps casino resort London comes to Macau as Las Vegas Sands revamps casino resort: Las Vegas Sands, the casino behemoth owned by U.S. billionaire Sheldon Adelson, said on Wednesday it plans to spend $1.1 billion on new projects in the world’s largest […]
All directors shareholders disappointed by Chipotle slide All directors shareholders disappointed by Chipotle slide: Ackman’s Pershing Square Capital Management holds a 10 percent stake, making the hedge fund the largest investor in the fast-casual burrito chain. “There is not a member of the board of directors; there is not a […]
Carlyle Group unveils new leadership as founders step back Carlyle Group unveils new leadership as founders step back: The move makes Carlyle the latest buyout firm to take steps toward a generational change, after peer KKR & Co LP (KKR.N) said in July it would promote Joseph Bae and Scott […]
U.S. business spending on equipment robust new home sales surge U.S. business spending on equipment robust new home sales surge: New orders for key U.S.-made capital goods increased more than expected in September and shipments rose for an eighth straight month, pointing to robust business spending that should help to […]
Global growth Sure But still not much inflation pressure Global growth Sure But still not much inflation pressure: The global economy is on its best roll in years and set to do better in 2018, but economists in Reuters polls around the world mostly said synchronous growth is not about […]
Asian stocks flat after Wall Street pullback euro gains before ECB Asian stocks flat after Wall Street pullback euro gains before ECB: MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat. Australian stocks and South Korea’s KOSPI .KS11 both inched down 0.1 percent. Japan’s Nikkei .N225, which had […]
Committed to hydrogen cars despite potential game changer EV battery Committed to hydrogen cars despite potential game changer EV battery: Having long touted fuel-cell vehicles and plug-in hybrids as the most sensible technologies to make cars greener, Japan’s top-selling automaker surprised industry watchers last year with plans to add full-sized […]
Three women sue Uber in San Francisco claiming unequal pay Three women sue Uber in San Francisco claiming unequal pay: The lawsuit, filed Tuesday at the Superior Court in San Francisco, follows a widely read blog post in February from another female engineer that described Uber’s work environment as one […]
T-Mobile Sprint ready board committees to decide on merge T-Mobile Sprint ready board committees to decide on merge: These board committees are important for the merger because T-Mobile and Sprint are majority owned by Germany’s Deutsche Telekom AG (DTEGn.DE) and Japan’s SoftBank Group Corp (9984.T) respectively, and could be left […]
Pfizer to launch consumer health sale in November Pfizer to launch consumer health sale in November: Several global companies, including GlaxoSmithKline (GSK.L) and Reckitt Benckiser (RB.L), have expressed interest in bidding for the unit, which had sales of about $3.4 billion in 2016. The prospective sale, which is being led […]
