Want a Piece of Trump's Wall? Keep Clear of Armed Groups
Eric Olsen, CEO of LafargeHolcim Ltd., is resigning less than two years after taking charge of the world’s biggest cement maker. He's bitten the bullet over allegations that Lafarge SA employees facilitated payments to armed groups in Syria before the merger with Switzerland’s Holcim.There are many disturbing things about this case. But Olsen’s behavior apparently isn’t one of them: an internal investigation, aided by outside counsel and forensic accountants, concluded he wasn’t responsible for..>> view originalMalaysia Airlines CEO attempts 'greatest turnaround'
It may be the toughest job in the aviation industry. Peter Bellew is overseeing the revamping of Malaysia Airlines, the struggling carrier that was nationalized after it lost two passenger jets with hundreds of people aboard in separate disasters in 2014. Bellew, the airline's third CEO in less than three years, has clear ideas for what it needs to do. That includes driving down costs and turning its fleet of A380 superjumbo jets into charter planes for Muslim pilgrims. "I think this wi..>> view originalChina clamps down on excess steel as Japan decries Trump 'protectionism'
MANILA/BEIJING Twenty-nine Chinese steel firms have had their licenses revoked as Beijing kept up its campaign to tackle overcapacity in the sector and days after U.S. President Donald Trump said he would open a probe into cheap steel exports from China and elsewhere. Analysts say the revocations were unlikely to be a direct response to Trump's plan, but rather a part of China's reform measures aimed at reducing surplus steel capacity that many estimate at around 300 million tonnes, about thre..>> view originalFrench election result gives markets a start-of-week lift
A man uses his mobile phone in front of an electronic stock board of a securities firm in Tokyo, Monday, April 24, 2017. Asian stocks were mixed Monday as investors weighed the results of a closely watched election in France. (Koji Sasahara/Associated Press) By Associated Press By Associated Press April 24 at 8:27 AM LONDON — European stock markets and the euro ratcheted higher Monday, particularly in France, after the first round of the country’s presidential election saw centrist Emm..>> view originalBeyond Sexual Harassment, Lesser Known Scandals Could Cost The Murdochs A $14B Deal
Rupert Murdoch, center, and his sons Lachlan, left, and James Murdoch attend the 2014 Television Academy Hall of Fame in Beverly Hills, Calif. Dan Steinberg/AP hide caption toggle caption Dan Steinberg/AP Rupert Murdoch, center, and his sons Lachlan, left, and James Murdoch attend the 2014 Television Academy Hall of Fame in B..>> view originalBecton's $24 Billion Bard Purchase Caps String of Acquisitions
For more than a century, medical devices company Becton, Dickinson & Co. got by without any major acquisitions. That’s changed dramatically under Chief Executive Officer Vincent Forlenza, who is turning out to be a serial dealmaker.The company late on Sunday said it had forged its largest deal ever by agreeing to buy C.R. Bard Inc. for $24 billion to combine two of the world’s biggest health-care suppliers. That marks the 12th acquisition since Forlenza took the helm of the Franklin Lakes, New ..>> view originalPaint Giant PPG Just Raised Its Takeover Bid for Akzo Nobel Again
PPG Industries, the U.S. paintmaker that is pursuing a takeover of Dutch peer Akzo Nobel, on Monday increased its proposed cash and share offer to 26.9 billion euros ($28.8 billion, from around 24.6 billion euros.The move comes a day before Akzo, which has declined two previous approaches from PPG, faces a group of unhappy shareholders at its annual meeting. Akzo shares jumped 6% to a record high of 82.86 euros by 11:30 a.m. GMT.The shareholders, led by hedge fund Elliott Advisors, say Akzo shou..>> view originalJimmy Choo on the Block as Owner Trades Luxury for Coffee
Photo The spring 2017 collection by Jimmy Choo, shown in Milan last September. Credit Calogero Russo for The New York Times Is coffee a better business than fashion?The Reimann family, the reclusive German consumer goods billionaires who control JAB Holding, seems to think so.On Monday, the luxury shoe brand Jimmy Choo, in which JAB owns a 67.6 percent stake, announced that it was putting itself up for sale. JAB acquired the brand in 2008 for 540 million pounds, or $800..>> view originalAmerican Airlines passenger explains why he defended mom hit with stroller
The American Airlines passenger who took a mother of two under his wing when a flight attendant clashed with her said he was spurred to action because her baby was in harm’s way. Tony Fierro, 42, an insurance agency president and Texas church deacon, was captured in a viral video as he confronted a male flight attendant. “Hey bud! Hey bud! You do that to me and I’ll knock you flat!” Fierro said Friday aboard Flight 591 in San Francisco before it took off for Dallas. The incident caught in passe..>> view originalNorman police investigate shooting that critically injured one
NORMAN, Okla. — Norman police are investigating a shooting that critically injured one person. According to police, officers responded to the report of a shooting at about 11 p.m. Sunday at an apartment complex near 24th Avenue Southeast and Lindsey Street. One person was shot, and police are searching for the gunman.The victim was taken to OU Medical Center in critical condition. No suspect description has been released. WEBVTT THE SEVEREWEATHER COMING UP.STEVE: A SHOOTING IN..>> view original
Tuesday, June 13, 2017
Want a Piece of Trump's Wall? Keep Clear of Armed Groups and other top stories.
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