Amcor expands packaging business to the US with $5.25 billion Bemis deal
August 7, 2018
Permalink
Business

Amcor expands packaging business to the US with $5.25 billion Bemis deal

<!– –> MENUSearch Deals and IPOs Packaging company Amcor will absorb U.S. rival Bemis in a $5.25 billion all-stock deal, the Australian company announced Monday. “We will establish…

Continue Reading →

Can This Man Make His Video Gaming Team a $1 Billion Business?
August 7, 2018
Permalink
Business

Can This Man Make His Video Gaming Team a $1 Billion Business?

Jack Etienne had reinvented himself. He’d gone from an eager photocopier salesman with an obsessive evening-and-weekends video game habit to the chief executive officer at a professional video-game-playing…

Continue Reading →

Airbnb for Work touts its business cred with nearly 700K companies onboard
August 7, 2018
Permalink
Business

Airbnb for Work touts its business cred with nearly 700K companies onboard

CEO Brian Chesky speaks at an event in San Francisco earlier this year. James Martin/CNET Airbnb is serious about business travel.  To back that up, the home-rental company…

Continue Reading →

The cashless society myth: PayPal, Square, and bitcoin have not stopped cash from being a growth business
August 7, 2018
Permalink
Business

The cashless society myth: PayPal, Square, and bitcoin have not stopped cash from being a growth business

<!– –> MENUSearch CNBC Global CFO Council If you listen to the way mobile payments executives talk about cash, the only thing as certain as its death is…

Continue Reading →

Flagstar Bank’s small business grant program creates over 47 jobs in Pontiac
August 7, 2018
Permalink
Business

Flagstar Bank’s small business grant program creates over 47 jobs in Pontiac

In September of 2016, Flagstar Bank announced a five-year, $10 million investment plan into the city of Pontiac. As a part of that commitment, $2.5 million was set…

Continue Reading →

Small Business Powers The Economy Forward
August 6, 2018
Permalink
Business

Small Business Powers The Economy Forward

The most recent reading on the economy put growth at a 4.1 percent annual rate in the second quarter, and 3.1 percent this year, a rather remarkable performance…

Continue Reading →

China’s Didi pumps $1B into its rebranded driver services business
August 6, 2018
Permalink
Business

China’s Didi pumps $1B into its rebranded driver services business

Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand.…

Continue Reading →

MoviePass’ CEO says he will focus on the ‘occasional moviegoer’ and has a new strategy for working with theaters
August 6, 2018
Permalink
Business

MoviePass’ CEO says he will focus on the ‘occasional moviegoer’ and has a new strategy for working with theaters

MoviePass has a new mission: “Reenergize the occasional moviegoer.” That’s how the company’s CEO Mitch Lowe described it to Business Insider on Monday after announcing that his company…

Continue Reading →

PepsiCo’s first female CEO is stepping down after 12 years
August 6, 2018
Permalink
Business

PepsiCo’s first female CEO is stepping down after 12 years

PepsiCo CEO Indra Nooyi is stepping down after 12 years, the company announced on Monday. She will be replaced by the company’s president, Ramon Laguarta, according to a…

Continue Reading →

Business confidence falls amid Brexit uncertainty – surveys …
August 6, 2018
Permalink
Business

Business confidence falls amid Brexit uncertainty – surveys …

Confidence among British business leaders has declined significantly and remains low, according to two reports that suggest the lack of progress over Brexit continues to cast a shadow…

Continue Reading →