Patisserie Valerie chairman waives salary

Image copyright Getty Images Image caption Luke Johnson is the biggest shareholder in Patisserie Holdings The chairman of Patisserie Valerie has said he will waive his salary as he focuses on reviving the cake and cafe chain after an accounting scandal. Luke Johnson, who holds a large stake in the business, told the board he

UK business leaders more optimistic after May meeting

Media playback is unsupported on your device Media captionNigel Wilson tells the BBC’s Simon Jack about his meeting with Theresa May and Philip Hammond. UK business leaders are sounding more optimistic after a meeting with the chancellor and the prime minister. The traditional post-Budget briefing for business was a more significant affair than usual this

SoftBank and Toyota want driverless cars to change the world

SoftBank and Toyota want to change the world of transportation through autonomous vehicles and other technologies. The high-profile Japanese companies are forming a joint venture called Monet to develop businesses that will use driverless-car technology to offer new services, such as mobile convenience stores and delivery vehicles in which food is prepared en route. SoftBank

7 things to know before the bell

Click chart for more in-depth data. 1. The race to driverless cars: SoftBank (SFTBF) and Toyota (TM) are forming a joint venture that will use driverless-car technology to offer new services, such as mobile convenience stores and delivery vehicles in which food is prepared en route. SoftBank will own just over half of Monet, the

All eyes on Congress as vote on Kavanaugh draws near

A version of this article first appeared in the Reliable Sources newsletter. You can sign up for free right here. Time to vote? The lead story for Thursday’s morning shows: The impending vote to advance Brett Kavanaugh’s nomination to the Supreme Court. “This is it. They’re going to go to vote,” Chris Cuomo said on

Aston Martin IPO values James Bond’s favorite car brand at $5.6 billion

Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion. But its first day of trading in London got off to a rocky start. The favorite carmaker of fictional British secret service agent James Bond priced its shares at £19.00 ($24.70), giving it

Toys ‘R’ Us brand may be brought back to life

The company closed all of its US stores in June as part of a bankruptcy liquidation. But the owners of the company’s remaining assets are looking into restarting the business, as well as the related Babies “R” Us brand, the company disclosed in a court filing this week. Toys “R” Us had planned to auction

From Apple to Coke, global brands are having a tougher time in China

Western brands are having to work harder to win over customers in China. Where American or European companies could once expect to find an enormous market hungry for their products, changing tastes and the challenge from new Chinese rivals are forcing them to adopt new strategies to succeed in the world’s second biggest economy. The

Bitcoin mining IPOs are coming at a really tricky time

Bitcoin’s big stock market debut is coming at a bad time. Three of the world’s top makers of cryptocurrency technology are planning to sell shares, giving investors a new way to bet on digital currencies. They’re reportedly hoping to raise billions of dollars. Unlike the dollar or the euro, which are issued by central banks,

Why it’s time for investors to go on defense

That’s what Howard Marks, co-chairman of Oaktree Capital, told CNNMoney editor-at-large Richard Quest on “Markets Now” on Wednesday. “Defense is more important than offense” right now, said Marks, the author of “Mastering the Market Cycle: Getting the Odds on Your Side.” Investors should consider taking a stake in utilities, and decreasing their investments in more

Get Your Video Training Course

Automate Your Entire Months Content In Seconds

Facebook Like Box

Recent Posts

Learn How to Make Money Without Selling Anything