Procter & Gamble Faces Showdown With Activist Investor Peltz
New York Times, 17 July at 13:58
Nelson Peltz in New York in 2013. His investment firm Trian Fund Management took a $3.5 billion stake in Procter & Gamble this past February. Credit Heidi Gutman/CNBC. The billionaire investor Nelson Peltz disclosed on Monday that he was seeking a ...
Procter & Gamble faces fight with activist investor Peltz
Nelson Peltz vs. P&G could be an epic brawl
WaPo report: Trump said to ask about pardon power for aides, family, himself
ForexLive, 21 July at 04:24
It hasn't hit Bloomberg nor Reuters as far as I can see ... the newspaper's page is reporting that headline only (the one I have in italics above). OK, here we go, more: Some of President Trump's lawyers are exploring ways to limit or undercut special
Euro at two-year high, Asian shares barely budge
Reuters, 21 July at 03:57
TOKYO (Reuters) - The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said tapering of its stimulus will be on the table this autumn, while a solid global economic outlook kept Asian share prices
Exxon Mobil Fined for Violating Sanctions on Russia
New York Times, 21 July at 03:53
Rex W. Tillerson, the secretary of state, at the White House in June. When he was Exxon Mobil's chief executive, the company's subsidiaries violated United States sanctions by doing business with individuals whose assets were blocked, the Treasury ...
Strong Euro Is Still Spooking European Stock Traders
Bloomberg, 21 July at 03:31
A strong euro still spooks European stock traders, even when Mario Draghi starts talking up the region's economy. That was the takeaway on Thursday, with the Euro Stoxx 50 Index erasing gains of as much as 0.9 percent as the currency soared to an
Microsoft Office 365 Just Hit a Big Milestone
Fortune, 21 July at 03:14
Amy Hood, Microsoft's chief financial officer, said Thursday during a conference call for the company's latest earnings that its Office 365 online workplace tools brought in more revenue than the traditional version of Office that's installed on people
Sears to sell its Kenmore appliances on Amazon
Los Angeles Times, 21 July at 02:35
In the century before there was Amazon.com, it was Sears that was the everything store. With its vast inventory of tools, toys and even firearms, it upended local retailers. With its catalog model and nationwide delivery system, it promised to bring
Microsoft's cloud business continues to offset weaker operations
VentureBeat, 21 July at 02:17
Microsoft's share price has more than doubled since Satya Nadella was named CEO in February 2014. Building on an enterprise business established by his predecessor Steve Ballmer, Nadella has pushed Microsoft away from its proprietary, on-premise ...
Trump displays strength of 'professional boxer' while testing new glass vial
CNN International, 21 July at 01:45
Washington (CNN) President Donald Trump displayed his physical prowess at the White House Thursday, while testing out a new glass vial that will be used to package pharmaceutical drugs -- demonstrating, according to one CEO, the strength of a ...
Exxon Mobil must pay $2 million fine
Press Herald, 21 July at 01:40
WASHINGTON — Exxon Mobil Corp. must pay a $2 million fine for showing “reckless disregard” for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday. Exxon sued the U.S. ...
Trump DOJ gives Harley-Davidson $3 million discount on Obama-era pollution fine
Washington Post, 21 July at 01:28
The Department of Justice announced on Thursday it had dropped a requirement that Harley-Davidson spend $3 million to fight air pollution as part of a settlement reached with the Obama Administration. The Milwaukee-based company will remain ...
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