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REDWOOD SHORES, Calif. -- Oracle The Oracle Board also promoted both Safra Catz and Mark Hurd to the position of CEO, Oracle Corporation. All manufacturing, finance, and legal functions will continue to report to Oracle CEO, Safra Catz. All sales, service and vertical industry global business units ...
BusinessWeek · 1 hour ago
Alibaba Group Holding Ltd.'s initial public offering on Friday will make Yahoo Inc. about $5.1 billion richer.That's the amount of cash Yahoo stands to receive after selling 121.7 million of its shares in the e-commerce giant and paying a capital-gains tax of about 38%. Alibaba said on Thursday it ...
Wall Street Journal · 2 hours ago
JetBlue Airways Corp. (JBLU) is positioning itself to boost revenue with a fee to check a passenger’s first bag, a break with the airline’s history, and by squeezing more seats onto its planes. In promoting President Robin Hayes to be the airline’s next chief executive officer yesterday, ...
Bloomberg · 1 hour ago
  7 things you can do on Alibaba NEW YORK (CNNMoney) Alibaba, the Chinese e-commerce giant, secured its place in history Thursday as the largest U.S.-listed initial public offering (IPO) of all time. The stock priced at $68 per share. That's at the top of the expected range , signaling strong ...
CNN Money · 2 hours ago
Home Depot Inc. said 56 million cards may have been compromised in a five-month attack on its payment terminals, making the breach much bigger than the holiday attack at Target Corp.It was the first time the do-it-yourself retailer had defined the scale of a breach it said it was alerted to on Sept. ...
Wall Street Journal · 56 minutes ago
(Corrects first paragraph to show Concur shares will be acquired for cash, not SAP shares) * SAP offers $129 per Concur share * With Concur SAP increases reach in cloud computing * Concur board of directors has unanimously approved deal * SAP to fund deal with 7 bln euro credit facility By Harro Ten ...
Yahoo! Finance · 1 hour ago
By Lincoln Feast and Leika Kihara CAIRNS Australia (Reuters) - U.S. Treasury Secretary Jack Lew on Friday called on the euro zone and Japan to do more to spur growth as the global economy continues to disappoint, highlighting what is sure to be a bone of contention as Group of 20 ministers gather in ...
Yahoo! Finance · 2 hours ago
By Dominique Vidalon and Tracy Rucinski PARIS/MADRID (Reuters) - French media group Vivendi has closed the deal to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday. Telefonica plans ...
Yahoo! Finance · 51 minutes ago
Continue reading below The stock market edged up to record levels a day after the Fed made clear that it’s in no hurry to raise a key bank lending rate, easing a major concern for investors. Eight of 10 S&P 500 industry groups rose, led by financial stocks. ‘What you’re seeing,’ said Dan ...
Boston Globe · 3 hours ago
India and China, two of Asia's largest and fastest-growing economies, have minted millionaires at an unprecedented rate over the last decade. But which billion-plus-person country has more billionaires?While both India's Prime Minster Narendra Modi and China's President Xi Jinping, who visited India ...
Wall Street Journal · 3 hours ago