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Eyeglass Vendor, Imprisoned for Terrorizing Consumers, Is Accused of Fraud by DAVID SEGAL


By DAVID SEGAL

Federal prosecutors charged Vitaly Borker, who spent over three years in prison for threatening customers of his previous online business, with wire and mail fraud. 15 more words

Amid CEO Transition, Equity Firm Reiterates 'Outperform' Rating on Starbucks

Earlier this week at the Economic Club of New York, Howard Schultz, executive chairman of Starbucks Corp., sat down with Terry J. Lundgren, executive chairman of Macy’s Inc. 453 more words

Financial

Pay Drops for Guess’ Paul Marciano and Victor Herrero

Paul Marciano and Victor Herrero, the top two executives at Guess Inc., saw their pay slip last year as they settled into new roles.

Marciano handed over the reins as chief executive officer to Herrero in July 2015 but remains active at the brand as executive chairman and chief creative officer. 272 more words

Financial

Big Payoff After Blackstone Courted a Saudi Prince by KATE KELLY and LANDON THOMAS Jr.


By KATE KELLY and LANDON THOMAS Jr.

Saudi Arabia’s largest sovereign wealth fund will make a $20 billion investment in a new Blackstone infrastructure project, which could then double in size. 16 more words

Coach Launches Tender Offer for Kate Spade

Coach Inc. is getting closer to wrapping up its acquisition of Kate Spade & Co.

The group formally launched a tender offer for all outstanding shares of Kate Spade common stock, offering $18.50 in cash a share. 256 more words

Financial

What is TRX and Bandar Malaysia?

Deconstructing TRX and Bandar Malaysia

Bandar Malaysia and TRX are sister projects about five kilometres apart and managed by TRX City Sdn Bhd – formerly known as 1MDB Real Estate Sdn Bhd. 485 more words

Financial

The 27 most important finance books ever written

(Source: www.businessinsider.sg)

“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none,” Charlie Munger, the vice chairman at Berkshire Hathaway, once said. 2,929 more words

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