Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
Large Dell Holder Sells Stake The Oakmark Funds group, one of Dell's larger shareholders, sold its stake after Blackstone withdrew its potential bid for the PC maker. More
IBM tugs Dow lower; S&P 500 up after rough week A rare earnings miss for IBM tugged the Dow Jones industrial average lower on Friday, while the rest of the market headed toward slight gains after a turbulent week. Quarterly earnings for the country's largest provider of computer services fell short of forecasts for the first time since 2005.Read more on NewsOK.com More
Blackstone pulls out of Dell bid Dell's 'deteriorating' financial condition leads to Blackstone deciding to withdraw its bid for the computer company. More
“Question 7” is an unusual, unique memoir The Booker-prizewinning Australian author’s new memoir begins in 2012 and jumps between time periods and settings, from the hardscrabble mining town in remote Tasmania where he was brought up to ... 06/12/2024 - 3:04 am | View Link
Intel’s Battered Bulls Find Hopes Dashed Again After Huawei Ban Discovery Inc. Chief Executive Officer David Zaslav has ordered his lieutenants ... users in China despite a longstanding government ban on the messaging service, an unusual phenomenon for a country ... 05/8/2024 - 1:00 pm | View Link
Four winners emerged this past weekend from the Seed Capital Pitch Competition, part of the Good Soil Forum created by megachurch pastor T. D. Jakes. The competition partnered with Well Fargo to award a total of $500,000 in grants.
Healthcare merger and acquisition activity remained robust in the first quarter of 2024, with 29 transactions vs. 28 in 2023. Biopharma was the most active healthcare subsector, representing 45% of deal volume, while services activity remained dampened despite notable transactions such as Novo Holdings’ acquisition of Catalent. We expect biopharma M&A activity to remain robust as large pharmaceutical companies attempt to fill revenue and pipeline gaps via acquisitions of late- or commercial-stage…
Unlike some other markets around the country, the economy of Pittsburgh is part of a regional ecosystem with multiple centers of gravity and economic activity.
What does it mean to be a “regional economy?”
It means collaboration and cooperation among counties, municipalities, the commonwealth, economic development organizations, foundations and job creating businesses — recognizing that different parts of the region have different attributes, appealing to different types and sizes of companies…
Several large landlords are facing government scrutiny and class-action lawsuits over rental prices. Here's what the lawsuits could mean for the apartment market and what lies ahead.