A record fine, a restraining order and The Apollo are on the minds of our women to watch Mary Barra: A year and a half after she took the helm of General Motors, CEO Mary Barra is still not done with the recall crisis that has come to define her time in the automaker’s top job.
The Justice Department has investigated the ignition switch recall and found criminal wrongdoing in GM’s failure to disclose the defect that has now been linked to more than 100 deaths, the New York Times reported. Word is, the department is negotiating a record fine that could top the $1.2 billion Toyota…
Mon, 25 May 2015 23:23:24 +0000 Soldiers, community leaders from past 165 years honored on Memorial Day: Slideshow Nearly 1,000 local citizens who perished in the Civil War are resting at Forest Home Cemetery, in the Lincoln Village neighborhood of Milwaukee, along with fellow veterans who served in every war since.
The annual Memorial Day service was a reminder of the sacrifices made to protect our country and city from their earliest foundations. Held on the cemetery grounds in the Landmark Chapel, the traditional observances concluded with the placing of a wreath to honor all those who had fallen.
Mon, 25 May 2015 22:39:38 +0000 Reports: Charter offers $55B for Oceanic parent Time Warner Cable Charter Communications Inc. is close to an agreement to buy Time Warner Cable — the second-largest cable and Internet service company in the nation and parent of Hawaii’s Oceanic Time Warner Cable — for $55.1 billion in cash and stock.
Charter Communications (Nasdaq: CHTR), the nation’s fourth-largest cable company, is offering $195 per share, which is 14 percent higher than Friday’s closing price for Time Warner (NYSE: TWC), Bloomberg and other media outlets reported Monday, citing sources…
Mon, 25 May 2015 22:28:25 +0000 Albany ranks 53rd in the nation in business friendliness When it comes to business friendliness, Albany, New York lags well behind cities in Texas, California and several other parts of the country.
A new report by MarketWatch.com ranks Albany 53rd in the nation when it comes to business friendliness. Dallas took the top spot followed by San Francisco and Seattle.
Albany was the fourth best city in New York State, finishing behind New York City, which ranked 35th.
In upstate New York, Albany was outpaced by Buffalo, which ranked 42nd, and Rochester,…
Mon, 25 May 2015 21:46:00 +0000 Entrepreneur arrested for stealing $2 million from CrossFit investors A serial entrepreneur who allegedly told investors he was raising money so that he could own and operate CrossFit training centers in New York and New Jersey, has been arrested on charges of wire fraud.
Prosecutors are accusing Joshua B. Newman of Manhattan stealing more than $2 million from investors.
Agents from the Federal Bureau of Investigations arrested Newman, 35, last week, according to the New York Times. Newman, who did not enter a plea, was ordered to post a $300,000 bond.
Mon, 25 May 2015 21:17:53 +0000 Why Microsoft said no to Salesforce Microsoft opted not to buy Salesforce because the deal was too expensive, according to CNBC.
Microsoft not interested in Salesforce 4 companies that could buy Salesforce
Speculation has swirled that Microsoft could launch a takeover after Bloomberg News reported on April 29 that the Seattle software giant was evaluating if it should make a play for Salesforce.
Indeed, Microsoft and the San Francisco tech giant had advanced negotiations, but the talks broke down, CNBC reported, citing unnamed sources…
Mon, 25 May 2015 21:03:22 +0000 Microsoft walked away from Salesforce deal over price Microsoft opted not to buy Salesforce because the deal was too expensive, according to CNBC.
Speculation has swirled that Microsoft could launch a takeover after Bloomberg News reported April 29 that the software giant was evaluating if it should make a play for Salesforce.
Read: Why a Salesforce sale could be bad news for cloud software startups
Indeed, the two companies had advanced negotiations, but the talks broke down, CNBC reported, citing unnamed sources “familiar with the situation.”
Mon, 25 May 2015 20:30:03 +0000 Malone-backed Charter said to be near deal to buy Time Warner Cable Charter Communications Inc., of which Colorado media mogul John Malone's Liberty Broadband Corp. is the biggest shareholder, is closing in on a $55 billion cash-and-stock deal to buy Time Warner Cable Inc. in the wake of Comcast Corp.'s failed attempt to take over TWC, according to several national news reports.
The deal would once again make cable pioneer Malone a guiding force of the domestic cable industry.
Charter is the nation's No. 2 cable company and TWC is No. 2.
Some analysts had expected…
Mon, 25 May 2015 20:15:55 +0000
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