Gilt Groupe new chief executive officer Michelle Peluso is trying to reorganize the company to get workers energized about flash sales even as competitors see this move as a fad that would shy away investors.
Sectors
Judge's rejection of Fiat's request to value shares paves way for trial; Fiat unfazed
The rejection of Fiat SpA's request to value 54,000 Chrysler shares by the Delaware Chancery Court allowed the United Auto Worker's retiree trust case to go to trial but Fiat remained unfazed.
NXT Capital finishes senior debt fund raising
NXT Capital raised US $783 million after it finished its senior debt fund raising. Chicago-based NXT Capital said it closed its US $783-million Senior Loan Fund II, L.
Sweco acquires Vectura from Swedish Government
Sweco completes the acquisition of Vectura, making it the largest single company to offer engineering consultancy in Sweden.
Australia’s Nine Entertainment eyes AUD $1.2 bln in planned IPO: report
The Australian TV media company hopes to raise AUD $1.2 billion in an initial public offering before this year ends.
Latest News
Fiat failed to persuade a Delaware judge to put prices on some Chrysler shares, resulting to a delay in its planned merger.
Microsoft and Steve Sinofsky's entered into a "non-disparage" agreement. Steeve Sinofsky, a former chief of Windows, entered into a "non-disparage" agreement with Microsoft.
Google's search results were scrutinized by EU antitrust regulators. Google's search result was scrutinized by EU antitrust regulators. A European Commission questionnaire asked Google's rivals if lower rankings had any effect with regard to the number of visitors to their sites.
Nexon placed investments on Western gaming firms to expand its market. Korea's largest gaming company Nexon announced its plans to expand its reach within the markets in the West, starting with a deal with Rumble Entertainment.
Industrial Opportunity Partners and Owner John Zobl announced its partnership to recapitalize Betty Machine Company Inc.
Google will provide Starbucks' Wi-Fi services, replacing previous supplier AT&T. According to an online announcement by Google, the worldwide search engine leader will be granting free and faster internet access to all Starbucks customers in the United States.
The social game developer's top executive conducted a study to pinpoint the company's weakest areas.
WindPower Innovations appointed Nick Palumbo as the Director of Sales and Marketing for subsidiary WindPower Solutions.
Isis announced its plan to launch its mobile payment service this year. Isis announced its plan to expand its mobile payment service. The service, which has long been delayed, will be launched within the year and will cater to consumers nationwide.
