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Wed, 25 May 2016 13:22:00 GMT

USA TODAY

HPE to spin off enterprise services, merge unit with CSC
USA TODAY
Hewlett Packard Enterprise (HPE), run by Meg Whitman, late Tuesday said it was spinning off its enterprise services business, and merging it with Computer Sciences Corp. (CSC), to create an IT services firm with $26 billion in annual sales. The ...
HP Enterprise to Spin Off, Merge Services BusinessWall Street Journal
Hewlett Packard Enterprise employees were 'shocked' but 'glad to be rid of that boat anchor'Business Insider
Hewlett Packard Enterprise will spin off its troubled services business in an $8.5 billion dealRecode
The Register
all 362 news articles »
Wed, 25 May 2016 19:20:07 GMT

The Guardian

Tata Steel is considering retaining UK business
The Guardian
Tata Steel is considering keeping its UK business, raising hopes that the Port Talbot steelworks and 11,000 jobs can be saved. Sources close to Tata Steel said it is evaluating the performance of its UK operations and the package of financial support ...
Tata Steel: Government warned over pension cut planBBC News

all 230 news articles »
Wed, 25 May 2016 14:10:47 GMT

Quartz

Microsoft has dealt a massive blow to its phone business—and Finland
Quartz
To put those charges into context, Microsoft last week sold the feature-phone part of the mobile business to Foxconn and a new entity staffed by Nokia alumni called MHD Global. It got $350 million for that, or about 20% of the restructuring charges ...
Microsoft to Streamline Smartphone Hardware BusinessWall Street Journal
Microsoft Streamlines Its Smartphone Business Again, Lays Off 1850 PeopleAnandTech
Microsoft lays off hundreds as it guts its phone businessThe Verge
Business Insider -CNET -TechCrunch
all 262 news articles »
Wed, 25 May 2016 20:27:02 GMT

Business Insider

Zipcar customers are becoming disillusioned for one troubling reason
Business Insider
Zipcar was once considered a glimmer of hope in the notoriously cumbersome rental car business. But the Boston-based car sharing service can't shake a constant stream of online criticism from customers who feel poorly treated. As a pioneer of the ...

and more »
Wed, 25 May 2016 23:05:52 GMT

BBC News

The perils of doing business in Venezuela
BBC News
The Venezuelan entrepreneur has a manufacturing facility in a rough part of the capital Caracas, where the local armed gang demands that a "tax" be paid by every business, to ensure that owners and staff are not attacked. "And those who don't pay are ...

and more »
Wed, 25 May 2016 17:33:15 GMT

Wall Street Journal

Sovereign Default: It's Not Personal, Just Business
Wall Street Journal
Less than three years after the governor of Puerto Rico called repayment of its debt a “moral obligation,” the U.S. territory is headed for the fourth-largest government default on record. Though markets have met the event with a shrug, that shouldn't ...

and more »
Wed, 25 May 2016 15:22:17 GMT

Bloomberg

AT&T Wants Yahoo's Internet Business
Bloomberg
AT&T Inc. has made a bid for Yahoo Inc., according to people familiar with the matter, and is a contender to acquire the Sunnyvale, California-based company's core internet business. The telecom giant had previously decided against making an offer ...

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Wed, 25 May 2016 18:53:28 GMT

Business Insider

Here's a stark new reminder that investors don't really care about Yahoo's core internet business
Business Insider
Despite generating roughly $5 billion in annual revenue and drawing 1 billion monthly users, Yahoo's core internet business is valued at less than zero by the public market. Instead, most of its value is ascribed to its ownership stakes in Alibaba and ...
Yahoo's newest suitor for its Internet business: AT&TCNET

all 37 news articles »
Wed, 25 May 2016 14:30:30 GMT

Huffington Post

Kris Jenner Is Involved With An Ultra Shady New Business School
Huffington Post
The latest Kardashian show should be “Kris Jenner Takes Business School/The Department Of Education.” Kardashian clan matriarch Kris Jenner is the new board chairman of the Legacy Business School, a for-profit institution set to launch in New York this ...
Kris Jenner's $105000-a-year business school allegedly has a troubled pastBusiness Insider

all 18 news articles »
Thu, 26 May 2016 02:02:50 GMT

The Sydney Morning Herald

Business investment shrinks
The Sydney Morning Herald
Business investment contracted sharply in the March quarter, as non-mining expenditure again failed to pick up the slack in Australia's resources downturn. The Australian Bureau of Statistics said on Thursday that private sector March-quarter capital ...

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