chief-executive

Gundlach’s DoubleLine reaches $100 billion in assets under management in May

Jeffrey Gundlach's DoubleLine Capital reached $100 billion in assets under management last month, the Los Angeles-based firm said on Wednesday. DoubleLine also said the firm appointed Jeffrey Sherman as deputy chief investment officer. Separately, the firm announced the opening of DoubleLine Investment Management North Asia Ltd.

The rest is here:
Gundlach’s DoubleLine reaches $100 billion in assets under management in May

chief-executive

Early days, but Apple Pay struggles outside U.S.

More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical challenges, low consumer take-up and

Read more:
Early days, but Apple Pay struggles outside U.S.

chief-executive

Redstone’s granddaughter says she backs Viacom’s directors

The independent directors have questioned Sumner Redstone's mental competence, and said they will legally contest any move by his purported representatives to remove them from Viacom's board. “I will soon be announcing legal steps to join with the Viacom directors in our common cause to liberate my grandfather from Shari's clutches and protect my fellow trust beneficiaries and myself …

The rest is here: 
Redstone’s granddaughter says she backs Viacom’s directors

chief-executive

Uber raises $3.5 billion from Saudi Arabia’s sovereign wealth fund

By Heather Somerville SAN FRANCISCO (Reuters) – Uber [UBER.UL] has raised $3.5 billion from Saudi Arabia's sovereign wealth fund, the U.S. ride-hailing service said on Wednesday, gaining a crucial partner in its expansion into the Middle East. The investment from the Saudi Arabian Public Investment Fund…

See the original post here:
Uber raises $3.5 billion from Saudi Arabia’s sovereign wealth fund

chief-executive

Apple boss Cook to tap Indian software talent during maiden visit

By Himank Sharma and Rupam Jain MUMBAI/NEW DELHI (Reuters) – Apple Inc is set to announce plans to expand its Indian software development center and build an accelerator program for local start-ups, two sources aware of the investment said on Tuesday, hours before Chief Executive Tim Cook's maiden visit. Cook, who…

Here is the original: 
Apple boss Cook to tap Indian software talent during maiden visit

chief-executive

VW gets ready to move on comeback plan in U.S.: sales chief

Volkswagen hopes to reach a final settlement with the U.S. authorities over the diesel emissions scandal next month so that it can get moving on a recovery plan which will see the launch of several new crossover and electric vehicles, its sales chief said on Thursday. VW aims to expand its electric-vehicle offerings in the United States to meet a growing demand for green cars and help restore its image, VW brand sales chief Juergen Stackmann said in an interview published on Thursday. “A …

See the rest here: 
VW gets ready to move on comeback plan in U.S.: sales chief

chief-executive

Fed to delay rate hike until September on tame inflation outlook: Reuters poll

The U.S. Federal Reserve will likely wait until September before raising interest rates again, stretching to nine months the time since its first hike in nearly a decade, as it waits for clear signs inflation is picking up, a Reuters poll found. This is the second time this …

Original post: 
Fed to delay rate hike until September on tame inflation outlook: Reuters poll

chief-executive

DoubleLine’s Gundlach sees ‘some rebellion’ from Fed hawks

Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Thursday that the Federal Reserve will be challenged to raise interest rates this year. Fed officials seem to be in disagreement about the timing and number of rate hikes in 2016, Gundlach, who oversees $95 billion at Los Angeles-based DoubleLine, said on an investor webcast. There's “some (hawkish) rebellion showing up at the Fed,” Gundlach said.

Read more from the original source:
DoubleLine’s Gundlach sees ‘some rebellion’ from Fed hawks

chief-executive

Tesla puts pedal to the metal, 500,000 cars planned in 2018

Tesla Motors Inc said it was stepping up production plans for its upcoming Model 3 mass-market sedan and would build a total of 500,000 all-electric vehicles in 2018, two years ahead of schedule, but warned that spending will ramp up in tandem. The company, which three months ago aimed to make a net profit in the final quarter of this …

Excerpt from:
Tesla puts pedal to the metal, 500,000 cars planned in 2018

chief-executive

Asia’s factories stay sluggish, stimulus lacks traction

Japanese manufacturing activity shrank in April at the fastest pace in more than three years as deadly earthquakes disrupted production, while output in China and the rest of Asia remained lukewarm at best. “The backdrop remains one of sub-trend growth, inflation that is below target, difficulty …

View post:
Asia’s factories stay sluggish, stimulus lacks traction

« Previous Page — Next Page »