Industry News

  • Uber employees petition for former CEO Travis Kalanick's return – Los Angeles TimesJune 22, 2017
    Los Angeles Times Uber employees petition for former CEO Travis Kalanick's return Los Angeles Times The majority of Uber's investors may have wanted its co-founder and chief executive Travis Kalanick out, but some employees of the ride-hailing company are already calling for his return. In a petition that began circulating within Uber on Wednesday, … Kalanick's ouster as Uber CEO began with a letter hand delivered to his Chicago hotel Chicago Tribune The next CEO of Uber: []
  • JPMORGAN: There's a chance Walmart will go head-to-head with Amazon to buy Whole Foods – Business InsiderJune 22, 2017
    Business Insider JPMORGAN: There's a chance Walmart will go head-to-head with Amazon to buy Whole Foods Business Insider Amazon's deal to acquire Whole Foods merger may seem like a dream come true to some, but there's a realistic chance Walmart could still swoop in to trump Amazon's $13.7 billion offer, according to JPMorgan. Whole Foods stock has been trading above … Retail Deal Mania Continues With Whole Foods and Nordstrom Motley Fool Alice Waters Wants Jeff Bezos []
  • Buffett's Company Lends $1.5B to Home Capital, Invests $300M – U.S. News & World ReportJune 22, 2017
    U.S. News & World Report Buffett's Company Lends $1.5B to Home Capital, Invests $300M U.S. News & World Report Warren Buffett's company is lending $1.5 billion to Home Capital and spending roughly $300 million to purchase nearly 40 percent of the troubled Canadian lender's shares. June 22, 2017, at 3:09 p.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Buffett's Home Capital Lifeline Lifts All Mortgage-Lender Boats Bloomberg Buffett follows Goldman []
  • How Sears and CEO Eddie Lampert can still be hurt by Sears Canada's bankruptcy – MarketWatchJune 22, 2017
    MarketWatch How Sears and CEO Eddie Lampert can still be hurt by Sears Canada's bankruptcy MarketWatch Sears Holdings Inc. spun off Sears Canada Inc. years ago, but the struggling U.S.-based department store chain and its billionaire chief executive can still be hurt by the Canadian retailer's bankruptcy. ESL Investments Inc., the hedge fund founded by … Eddie Lampert's Retail Empire Wobbles With Sears Canada Filing Bloomberg The One Big Reason Sears Canada Is Failing Has Every []
  • Qatar Airways seeks 10 percent stake in American Airlines – ReutersJune 22, 2017
    Reuters Qatar Airways seeks 10 percent stake in American Airlines Reuters American Airlines' chief executive said on Thursday the company is not "particularly excited" about Qatar Airway's interest in buying up to 10 percent of the U.S. carrier's shares, in a letter to employees following disclosure of the state-owned Gulf … Qatar Airways seeks stake in American in 'puzzling' move ABC News Qatar Airways' Play For American Airlines: A Geopolitical Maneuv []