Written by Laura Heller, Published on Forbes.
Richard Schulze pressures Best Buy‘s board of directors to let him take the company private. The former executive team, the ones who built Best Buy are on board, there’s private equity involved and the founder himself — determined to get the job done.
Written by Miguel Helft, Published on Fortune.
With a new pricing structure, Jck Dorsey’s mobile payments company Square is upending things — again.
Written by Heyley Tsukayama, Published on Washington Post.
Facebook shares dipped to a new low Thursday as the company unlocked 271 million shares for trading. The stock dipped below the $20 mark for the first time Thursday. By mid-day, shares were hovering just below that mark — a drop of nearly 6 percent from the day’s open and nearly 50 percent from its initial offering price of $38.
Written by Barney Jopson, Published on Financial Times.
Walmart, the world’s biggest retailer by sales, is slowing its opening of new stores in China and Brazil after admitting it had made mistakes and let profitability slip in its haste to expand.
Written by Jeeyeon Park, Published on CNBC.
Stocks were near session highs Thursday after the German Chancellor reiterated her support for the ECB’s plans to fight the euro zone crisis and as investors shrugged off initial disappointments over some weaker-than-expected economic reports.