Longtime senior executives Greg Abel and Ajit Jain were promoted to vice chairman on January 10 and joined Berkshire’s board of directors. The announcement might suggest that Abel and Jain, alone or together, might lead the company in the near future.
With the Nestle acquisition, Ferrero has now become the third-largest confectionary company in the United States.
M&A deals between companies like CVS and Aetna and Amazon and Whole Foods will test what it means to create value in business today, as well as whether such deals provide value for consumers.
Westfield has developed shopping venues in such prime locations as London’s Shepherd Bush, New York’s World Trade Center and Los Angeles’ Century City.
Shazam, which is headquartered in London, has more than one billion downloads worldwide.
European Union countries saw lower bankruptcy rates in the first half of 2017, as did Canada. US bankruptcy filings dropped 5.5% in the 12-month period ended September 30, 2017.
It is a dramatic drop compared not just to the 1990s, when stock-for-stock deals accounted for over half of all mergers, but also to 2016, when the average equaled 23.9% by dollar value.
A year into President Trump’s term, America’s political life has changed beyond recognition. But what has his administration meant for companies?
GE stock has lost more than 40% of its value since 2000, when Flannery’s predecessor, Jeffrey Immelt, was appointed.
Jerome Powell is President Donald Trump’s nominee to replace Janet Yellen as chair of the US central bank. He will start his tenure in February 2018.
US treasury bond yields could rise sharply in 2018, as central-bank liquidity begins to recede and heavy new supply hits the market.
The proposal includes review of additional categories of transactions, such as nonpassive investments in critical technologies or infrastructure companies.
A professor at the University of Chicago Booth School of Business, Richard Thaler’s advances in behavioral economics merited a Nobel Memorial Prize in Economic Science in October.
These are the ratings for central bank governors for the Americas region in 2017.
The company has changed plans to split into three separate companies following the merger between Dow Chemicals and DuPont.
Ever since it became a bank holding company in 2008 to stay afloat in the financial crisis, the bank was urged by US Federal Reserve to rely more on ‘sticky’ consumer deposits to lower its risk profile.
The firm says the new headquarter would be as big as the existing offices in Seattle and will come with $5 billion in investment promising jobs for 50,000 employees.