12 November, 2015 by The TZ Newswire Staff Comments Off on Dollar Shave Club, Warby Parker ranked top disruptors
Dollar Shave Club, Warby Parker ranked top disruptors
A new consumer survey finds Dollar Shave Club, Warby Parker and other “disrupter” brands on the cusp of success.
12 November, 2015 by The TZ Newswire Staff Comments Off on Fed officials lay case for December liftoff
Fed officials lay case for December liftoff
WASHINGTON/NEW YORK (Reuters) – U.S. Federal Reserve officials lined up behind a likely December interest rate hike with one key central banker saying the risk of waiting too long was now roughly in balance with the risk of moving too soon to normalize rates after seven years near zero. Other Fed policymakers argued that inflation should rebound, allowing the Fed to soon lift rates from near zero though probably proceed gradually after that.
12 November, 2015 by The TZ Newswire Staff Comments Off on Wall St. suffers biggest drop since September
Wall St. suffers biggest drop since September
Wall Street suffered its worst session in over a month on Thursday as lower commodity prices weighed on energy and materials stocks and comments by a Federal Reserve policymaker hinted at an approaching …
12 November, 2015 by The TZ Newswire Staff Comments Off on Syngenta rejects ChemChina’s $42 billion takeover offer: Bloomberg
Syngenta rejects ChemChina’s $42 billion takeover offer: Bloomberg
Syngenta AG rejected ChemChina’s offer to buy the Swiss agricultural chemicals group in a deal valued at about $42 billion, citing regulatory concerns, Bloomberg reported on Thursday. China National Chemical …
12 November, 2015 by The TZ Newswire Staff Comments Off on Cisco second-quarter forecast misses on order slowdown
Cisco second-quarter forecast misses on order slowdown
Network equipment maker Cisco Systems Inc’s forecast adjusted profit and revenue growth for the second quarter below analysts’ estimates, citing a slowdown in order growth and weakness in its enterprise …
12 November, 2015 by The TZ Newswire Staff Comments Off on Blackstone to buy about $3 billion in property fund stakes from Calpers
Blackstone to buy about $3 billion in property fund stakes from Calpers
The deal, the largest of its kind, would allow the California Public Employees’ Retirement System to sell 43 of its international and domestic funds to Blackstone, the two said in separate statements on Thursday. Blackstone is buying the fund stakes through its Strategic Partners division, which has raised more than $19 billion to acquire stakes in private equity and real estate funds from investors who want to cash out.
12 November, 2015 by The TZ Newswire Staff Comments Off on Hulu in talks to sell stake to Time Warner: WSJ
Hulu in talks to sell stake to Time Warner: WSJ
Hulu is looking to sell a stake to Time Warner Inc in talks that would value the video-streaming service provider at above $5 billion, The Wall Street Journal reported. The talks include cash investment …