Tesco CEO Faces Heat

Submitted by Anonymous (not verified) on June 5, 2014, 1:35 am EDT

Tesco posted its sharpest drop in quarterly sales in decades, heaping more pressure on Chief Executive Philip Clarke, who has struggled to adapt the U.K.'s biggest retailer to the heavy discounting of its rivals.

GM Recall Probe to Cite Cultural Failings

Submitted by Anonymous (not verified) on June 4, 2014, 10:02 pm EDT

An internal probe of General Motors's delay in recalling defective cars is expected to conclude there was no concerted coverup, but that managers operating in isolation failed to make connections.

Donald Sterling to Sell L.A. Clippers, Drop Lawsuit

Submitted by Anonymous (not verified) on June 4, 2014, 8:13 pm EDT

Donald Sterling, owner of the Los Angeles Clippers, has agreed to sell the team to former Microsoft CEO Steve Ballmer and will drop his lawsuit against the NBA.

Sprint Closer to Acquiring T-Mobile US

Submitted by Anonymous (not verified) on June 4, 2014, 8:13 pm EDT

Sprint and T-Mobile US have agreed on the broad outlines of a merger valuing T-Mobile at around $32 billion, people familiar with the matter said.

Diageo Remains Measured on Acquisitions

Submitted by Anonymous (not verified) on June 3, 2014, 11:17 pm EDT

Diageo CEO Ivan Menezes says he is optimistic that the U.K. spirits giant can extend its market-leading position even as it remains disciplined in the hunt for acquisitions.

Tesla's Musk Says He Will Stay as CEO at Least Four to Five More Years

Submitted by Anonymous (not verified) on June 3, 2014, 5:51 pm EDT

Elon Musk said that at the end of four or five years he would reassess whether he would remain as Tesla's CEO, noting that "it is quite difficult to be CEO at two companies." Mr. Musk also is CEO of Space Exploration Technologies Corp.

Why 'Star Wars' Adding More Women To Its Cast Matters

Submitted by Anonymous (not verified) on June 3, 2014, 11:16 am EDT

It was officially announced yesterday morning that Walt Disney's Star Wars Episode VI would be adding two new cast members to the already announced participants. They are, to wit, Lupita Nyong'o who just won an Oscar for Twelve Years a Slave and Gwendoline Christie, best known for her work on television's Game of Thrones. They will be added to the 13 already-announced cast members, which includes six older actors from the original trilogy and seven newbies.

Why A White Label Solution Is Easier Than Building Your Own

Submitted by Anonymous (not verified) on June 3, 2014, 11:15 am EDT

Entrepreneurs often want to build their own product to meet a customer need. But white labeling can save you time, money -- and customer goodwill.

4 Real-Life Business Lessons From Game Of Thrones

Submitted by Anonymous (not verified) on June 3, 2014, 11:15 am EDT

(MAJOR SPOILER WARNING: DON?T READ IF YOU?RE NOT CAUGHT UP WITH THE ENTIRE BOOK SERIES)

I?m a Game of Thrones fanatic. I started reading the series during a 1999 vacation in Portugal, where I sacrificed sightseeing in the Algarve to finish George R.R. Martin?s 835-page masterpiece. As a longtime fantasy reader, I was blown away, fascinated, astounded.

Ackman Seeks to Change Allergan Board

Submitted by Anonymous (not verified) on June 2, 2014, 11:08 pm EDT

William Ackman's Pershing Square filed to call a special meeting of Allergan shareholders in an effort to unseat six of the Botox maker's board members.

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