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 Chief of SoftBank Pursues First Place With Tech Deals
The New York Times, December 5, 2016 Monday

 TOKYO -- Masayoshi Son is a Japanese billionaire who wants to control the way your car talks to street lamps. The 59-year-old technology investor -- a grandson of South Korean immigrants who has amassed one of Japan's largest personal fortunes by pursuing grand, Silicon Valley-inspired visions -- is best known outside his homeland for buying the American mobile phone carrier Sprint for $21.6 billion in 2013.   Now, after a short flirtation with retirement, Mr. Son has embarked on two of the...
 Mexico to Sell Oil Blocks as Aetna Defends Merger
The New York Times, December 5, 2016 Monday

 Here's a look at what's coming up the week. OIL INDUSTRY   Mexico to enlist helping in tapping oil reserves.  In a highly anticipated opening to foreign oil companies, Mexico is holding its first auction of deepwater oil and gas blocks on Monday. Investors will be watching the results closely as a measure of the energy overhaul's success. The deep waters off Mexico's Gulf Coast are believed to hold important reserves of oil and gas, but Mexico's longtime national oil company Petróleos...
 Booz Allen grows IT capabilities with $250 million deal
The Washington Post, December 5, 2016 Monday

 McLean-based federal contractor buying Laurel-based Aquilent President-elect Donald Trump campaigned on a pledge to "drain the swamp" and rid Washington of special interests, but that hasn't stopped some federal contractors from feeling bullish about their prospects. McLean-based consulting giant Booz Allen Hamilton is the latest to show that optimism after it announced last week plans to acquire Maryland information-technology contractor Aquilent for $250 million by the end of the month,...
 DKNY Designers and C.E.O. Leave. Where Does It Go Next?; On the Runway
The New York Times , December 2, 2016 Friday 00:00 EST

 Fashion has become such a leaky balloon these days that by the time news officially breaks, it is often hard to muster up more than a halfhearted yawn because it had been rumored, expected or discussed for so long. Such was the case after the announcement late Thursday that Maxwell Osborne and Dao-Yi Chow, the creative directors of DKNY, and Caroline Brown, the brand's chief executive, were leaving after less than two years. This would normally have been kind of a big deal. The departure of...
 Walmart Settles Discrimination Suit Over Benefits for Same-Sex Spouses
The New York Times , December 2, 2016 Friday 00:00 EST

 Walmart announced on Friday that it had settled a lawsuit that accused the company of discriminating against gay and lesbian employees when it denied health insurance benefits to same-sex spouses. Under the deal, Walmart will set aside $7.5 million, mostly to compensate employees affected by the denial of spousal benefits during the three years before Jan. 1, 2014, when the company changed its policy. More than 1,000 people may be eligible. But the agreement also signals how legal doctrine on...
 How Macy's and Sears may invite other retailers to take their spaces
The Philadelphia Inquirer, December 4, 2016 Sunday

 Empty nesters often downsize into space better suited to their new needs. So do ailing department stores that sit empty due to new competition and the rise of digital shopping. Last month, Macy's Inc. announced it was forming a strategic alliance with Brookfield Asset Management to increase the value of its real estate portfolio. That portfolio is getting trimmed as falling traffic means fewer bricks-and- mortar stores. Macy's - like Sears - is suddenly taking on more the role of landlord than...
 GM CEO to serve on Trump panel
The Detroit News (Michigan), December 3, 2016 Saturday

 By Keith Laing, and Melissa Burden Detroit News Washington Bureau Washington - President-elect Donald Trump has named General Motors Co. CEO Mary Barra to a Strategic and Policy Forum that frequently will advise him on economic issues and jobs growth. Trump's transition team said Friday that Barra will be part of a forum that is composed of "some of America's most highly respected and successful business leaders" that "is designed to provide direct input to the president from many of the...
 Eli Lilly to cut sales jobs in early 2017
The Indianapolis Star (Indiana), December 3, 2016 Saturday

 Eli Lilly and Co. will begin cutting sales jobs early next year. The company Friday confirmed that it will begin reducing the sales staff for its U.S. Bio-Medicines business, which would have been responsible for selling a once-promising Alzheimer's drug called solanezumab.
 Ford recalls more than 680,000 vehicles
The Courier-Journal (Louisville, Kentucky), December 3, 2016 Saturday

 Ford Motor Co. issued two safety recalls Friday for more than 680,000 vehicles to fix issues that could pose problems during an accident. The first recall was issued for about 680,000 2013-2016 Ford Fusion and 2013-2015 Lincoln MKZ cars to insulate seat belt anchors so they can effectively work during a crash, according to a release.
 Supreme Court to Hear Lexmark Patent Case
The New York Times, December 3, 2016 Saturday

 WASHINGTON -- The Supreme Court on Friday agreed to decide whether Lexmark International, which makes toner cartridges for use in its printers, can use patent law to stop companies from refilling and selling the cartridges.
 Companies prove cautious about Trump; Themes emerging, but most are taking wait-and-see attitude
USA TODAY, December 2, 2016 Friday

 After eyeing Donald Trump with caution leading up to the presidential election, investors quickly hoped for the best after his win. Now companies are starting to speak up -- cautiously -- about what they see. Trump has been discussed at recent earnings conference calls or at presentations with investors at 29 companies in the Standard & Poor's 500, including Dow Chemical, Medtronic and Deere, according to a USA TODAY analysis of data from S&P Global Market Intelligence. Wall Street might have...
 Tech Sinks, but Banks and Oil Lift Dow to a Record
The New York Times, December 2, 2016 Friday

 Technology companies plunged on Wall Street on Thursday, and high-dividend stocks took hefty losses as bond yields rose to their highest level in more than a year. But more big gains for blue-chip banking and oil stocks pulled the Dow Jones industrial average to a record high.   The Dow gained 68.35 points, or 0.4 percent, to 19,191.93. The Standard & Poor's 500-stock index dropped 7.73 points, or 0.4 percent, to 2,191.08. The Nasdaq composite fell 72.57 points, or 1.4 percent, to 5,251.11.
 J.&J. Must Pay $1 Billion to 6 Hip Implant Patients
The New York Times, December 2, 2016 Friday

 A federal jury in Dallas on Thursday ordered Johnson & Johnson and its DePuy Orthopaedics unit to pay more than $1 billion to six plaintiffs who said they were injured by Pinnacle hip implants, a lawyer for the plaintiffs said.
 General Mills gives bees a break
Star Tribune (Minneapolis, MN), December 1, 2016 Thursday

 General Mills has made its largest contribution to help save pollinators, announcing a $2 million commitment that will add more than 100,000 acres of bee and butterfly habitat on or near existing crop lands. The five-year agreement with the U.S. Department of Agriculture's Natural Resources Conservation Service and the Xerces Society, the world's oldest and largest pollinator conservation group, will focus its efforts in Minnesota, North Dakota, California, Nebraska, Iowa and Maine. The USDA...
 AMERICAN EAGLE OUTFITTERS' SHARES TAKE 12.43 PERCENT DIVE
Pittsburgh Post-Gazette, December 1, 2016 Thursday

 Shares of American Eagle Outfitters took a hit when its holiday forecast missed expectations. The South Side teen clothing retailer said fourth-quarter earnings should be in the range of 37 to 39 cents per share - a flat to low single-digit increase - excluding potential asset impairment and restructuring charges. Analysts polled by Thomson Financial had been looking for 45 cents per share.
 Nestle to cut chocolate's sugar content
The Boston Globe, December 1, 2016 Thursday

 Nestle SA says it found a way to reduce the amount of sugar in chocolate by as much as 40 percent, a discovery that may give the KitKat maker an edge as food producers face increasing pressure from governments, health advocates, and shoppers to make products healthier.
 McCormick acquires Italian flavorings firm
The Baltimore Sun, November 30, 2016 Wednesday

 McCormick & Co.'s acquisition spree continued Tuesday as the Sparks-based company announced plans to acquire the Italian flavorings firm Enrico Giotti SpA of Florence for $127 million. Giotti makes flavorings for food and drink makers as well as juices and extracts, generating about $56 million in annual sales. The acquisition, expected to close in December, is McCormick's fifth in the past two years.
 Aquilent to be acquired by Booz Allen Hamilton
The Baltimore Sun, November 30, 2016 Wednesday

 The management consulting giant Booz Allen Hamilton is acquiring Aquilent, a Laurel firm that has designed more than 100 websites for federal agencies, in a $250 million deal. The acquisition, subject to regulatory approval, is expected to close by the end of December. It is expected to boost McLean, Va.-based Booz Allen's revenue by up to $35 million in fiscal 2017. Under the deal, Aquilent, also known as eGov Holdings Inc., will become a wholly owned subsidiary of Booz Allen as the...
 Lufthansa, Its Pilots on Strike, Joins Germany's List of Companies in Distress
The New York Times, December 1, 2016 Thursday

 BERLIN -- Lufthansa was once a proud symbol of Germany Inc., standing for the quality and smooth functionality of Europe's No. 1 economy. But that was before the last week, when a strike by the airline's pilots stranded more than half a million passengers. As of Wednesday, 4,461 flights had been scratched over six days, with no end in sight to a dispute over wages for pilots.   The Lufthansa pilots' union, known as Cockpit, counts just a few thousand members, but they have the power to...
 New Reformulated Sugar Will Allow a Lower Amount in Candy, Nestlé Says
The New York Times, December 1, 2016 Thursday

 Call it sugar lite. Nestlé, the international food behemoth, announced Wednesday that it had developed a way of restructuring sugar, allowing the company to reduce the amount of sugar in its candy products.
 DirecTV Now will need changes if it hopes to be a real contender; New service is taking baby steps, but that may be too slow for some viewers
USA TODAY, December 1, 2016 Thursday

 DirecTV Now is more about later than now. The streaming service that AT&T released Wednesday has been promised for months, but it arrives with several shortcomings that give me pause, even with an enticing monthly come-on price of $35 for 100 channels that AT&T says will last as long as you remain a customer. A top-tier plan with more than 120 channels costs $70 monthly. There is no annual contract, and you don't need a satellite dish.
 ADP says private companies added 216,000 jobs
Los Angeles Times, December 1, 2016 Thursday

 Companies in the U.S. added a solid 216,000 jobs in November, the most since June and evidence that the incoming Trump administration is inheriting a solid economy.
 MARKET ROUNDUP; Stocks end lower despite banks, oil rise
Los Angeles Times, December 1, 2016 Thursday

 Stocks moved mostly lower Wednesday as gains in blue-chip energy companies and banks were not enough to make up for losses in the broader market. The bond market took heavy losses, with the 10-year U.S. Treasury note rising to its highest level in a year and a half. The higher yields sent bond substitutes like utilities, telecommunications and real estate stocks sharply lower. Oil stocks climbed after OPEC nations, which collectively produce more than one-third of the world's oil, agreed to...
 Nike is still dominant, but $50B goal is far off as competition grows
The Oregonian (Portland Oregon), November 30, 2016 Wednesday

 It was barely a year ago that Mark Parker, Nike’s chief executive, made a public pledge as big and bold as his company. The Beaverton-area juggernaut’s sales would explode, he predicted, pushing annual revenue from $30 billion to $50 billion by 2020. Having built a seemingly impregnable position atop the athletic footwear and apparel industry, few questioned that Nike could make it happen. Today, however, $50 billion seems a long way off. Nike’s archrival Adidas has become the story of 2016....
 Tiffany's flagship takes a hit in shadow of Trump Tower
The Boston Globe, November 30, 2016 Wednesday

 Tiffany executives acknowledged that business has been hurt by the security-related disruptions that have come with having Donald Trump as a neighbor. NEW YORK — Of the more than 300 Tiffany & Co. jewelry stores across the globe, perhaps none is more important than the flagship outpost on Fifth Avenue in New York.
    

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