Business

Shares in Inmarsat Plc jumped 17 percent on Wednesday after the British satellite operator said it was in talks about a $3.3 billion cash offer from a private equity-led consortium, opening up the possibility of a bidding war. The consortium, which initially included UK-based Apax Partners, U.S.-based Warburg Pincus and Canada Pension Plan Investment Board
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Boeing CEO Dennis Muilenburg restated the aircraft maker’s commitment to safety on Monday night, as concerns grow about the second deadly crash of the manufacturer’s top selling Boeing 737 Max planes in less than five months. The executive said that Boeing will maintain its “relentless commitment to make safe airplanes even safer.” “We also understand
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Victoria’s Secret is back in the swimwear business — sort of. The lingerie retailer said Monday that its swim collection for 2019 is now available, but only online. “Due to overwhelming demand,” Victoria’s Secret said it just plans to sell pieces — a “limited assortment” — on its website, not in stores, for the upcoming
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Deripaska told CNBC that both countries are prepared to spend trillions of dollars on defense despite that more than half of such an expenditure was likely to be “unnecessary.” When asked whether the prospect of a change of president in the U.S. next year might present an opportunity for improved ties between Washington and Moscow,
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“It’s an emerging technology in the very, very early stages of commercialization,” said Dean Frankel, Solid Power’s head of business development. “It just takes time from a scale-up standpoint.” While some start-ups work toward perfecting and scaling up the solid-state battery, others like Sila Nanotechnologies hope to take advantage of current lithium-ion manufacturing processes to
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Microsoft has plenty of experience in the auto industry, beyond Volkswagen. The company has highlighted Aston Martin, Honda, Mazda and the Renault-Nissan Alliance as Azure customers, and Nadella said in a 2016 interview with the Wall Street Journal that Daimler, BMW, Ford and Toyota are “significant customers of ours.” “I’m very thrilled about all the
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Your greatest asset when applying for a job might be your social savvy. Four out of 5 employers polled by CareerBuilder say that soft skills, including communication abilities and critical thinking, are equal to or more important than hard skills — or specific technical abilities — when they’re hiring candidates. The employment website polled 1,021
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Jason Alden/Bloomberg | Bloomberg | Getty Images Pedestrians pass a logo outside Prudential Plc’s headquarters in London, U.K. Prudential said it was making “continued progress” in separating its British business, M&G Prudential, through a stock market listing, which market sources expect before the end of the year. “Given the extent of our opportunities and our
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The dollar could soon peak and that would translate to a positive for portfolios, CNBC’s Jim Cramer said Tuesday citing technician Carley Garner. The “Mad Money” host took a look at Garner’s interpretation of the charts that suggests the DXY US Dollar Currency Index is nearing unsustainable levels. Garner, who is the co-founder of DeCarley
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Investors can place a bet on eBay now that the e-commerce corporation could potentially be split up, CNBC’s Jim Cramer said Monday. “I want you to buy eBay,” the “Mad Money” host said. “I think that what Elliott [Management’s] done is remarkable. I think that Devin Wenig as CEO—I think he’s gonna go with the
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