Jean-Claude Arnobit

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Palantir Technologies Raises Another $880 Million, Now Valued at About $20 Billion

Palantir Technologies, a provider of powerful data analysis tools for government and business, has raised another $880 million in its latest round of funding, people familiar with the matter told The New York Times.

Salesforce Acquires SteelBrick, Combination Accelerates SteelBrick's Delivery Of Quote-To-Cash Applications

Salesforce.com Inc. has acquired SteelBrick, Inc., a cloud quote and billing service provider, for $300 million, according to a report from The Wall Street Journal.

Los Angeles Welcomes Largest Container Ship Ever To Dock In U.S. Port

The CMA CGM Benjamin Franklin, the largest container ship, has arrived at the Port of Los Angeles on Saturday, according to a report from Top News.

Apple Pay Seeking Growth In Asia And Europe, To Enter Markets Comfortable With Mobile Payment Following Slow U.S. Adoption

Apple, Inc. is looking to achieve growth of its Apple Pay in the Asian and European markets in 2016, according to a report from Bloomberg. The company will be entering markets that are more comfortable with the so-called contactless payments following the sluggish start it experienced in the U.S.

China's Anti-Graft Investigators Investigate Chairman Of China Telecom, Country Cracking Down On Corruption

The Central Commission for Discipline Inspection, the Communist Party’s anti-graft body, is targeting Chang Xiaobing, the chairman of China Telecom Corp., for investigation, according to a report from Bloomberg.

Judge Orders Amaya To Pay $870 Million To Kentucky For Violating Law, Amaya To Appeal Ruling

Franklin Circuit Judge Thomas Wingate has ordered Amaya Inc., the parent company of PokerStars.com, to pay Kentucky $870 million for “calculating that breaking the law was good for business,” according to a report from The Washington Times. Amaya will be appealing the ruling and will avail itself of any and all remedies available to it.

McDonalds Testing Mac And Cheese In Ohio, Looking to Boost Sales

McDonald’s is experimenting with roll-out of mac and cheese in Cleveland, Ohio, available for a limited time, according to a report from Brand Eating. The new menu item is available either a-la-cart or as a Happy Meal entrée in Cleveland.

AB InBev Acquires Breckenridge Brewery, Enhances The High End Business Unit

Anheuser-Busch InBev (AB InBev) has announced in a press release that it would be acquiring the Colorado-based Breckenridge Brewery. The acquisition enhances AB InBev’s The High End business unit of craft and import brands.

Hyatt Hotel Notifies Customers Of Malware On Computer, Launches Investigation

Hyatt Hotels Corporation has announced in a press release that it recently identified malware on computers that operate the payment processing systems for locations managed by Hyatt. The company has launched an investigation and engaged with a leading third-party cyber security experts as soon as they discovered the activity.

Pep Boys In New Deal With Bridgestone, New Offer Amounts To About $947 Million

Bridgestone Americas, Inc. has announced in a press release that Bridgestone Retail Operations LLC, a wholly owned subsidiary of Bridgestone, has amended their Agreement and Plan of Merger dated October 26, 2015 with Pep Boys - Manny, Moe & Jack. Bridgestone will be acquiring all the outstanding common stock of Pep Boys for $17, or approximately $947 million, up from the previous offer of $15.50.

Guotai Junan's Chairman Returns, Assisted In Certain Investigations By China

Guotai Junan International Holdings Limited has announced in a filing to the Hong Kong Stock Exchange that Yim Fung, the chairman and CEO of Guotai Junan, will be resuming his duties with the company, effective December 23, 2015.

Mitsubishi Delays Delivery Of Mitsubishi Regional Jet, Several Issues Recognized

Mitsubishi Heavy Industries Ltd. (MHI) has announced in a press release that they and Mitsubishi Aircraft Corporation will be delaying the first delivery schedule of the Mitsubishi Regional Jet (MRJ).

Abercrombie Names Fran Horowitz President And Chief Merchandising Officer, Part Of Effort To Make Apparel More Attractive To Teen Shoppers

Abercrombie & Fitch Co. has announced in a press release that Fran Horowitz, the president of its Hollister brands, has been promoted to president and chief merchandising officer, a newly created position.

Mikhail Prokhorov Reaches Deal To Take Full Ownership of Brooklyn Nets And Barclays Center, Marks Loss For Forest City Enterprises

Mikhail Prokhorov, the majority owner of the Brooklyn Nets, has acquired full ownership of the team and Barclays Center from Nets Sports and Entertainment through his Onexim Sports and Entertainment Holding USA, Inc., the team said in its website.

Disney In Talks To Sell Stake In Fusion To Univision, To Focus On Millenial Viewers Using Other Investments

The Walt Disney Company is in talks to sell its stake in Fusion, the millennial-focused US cable channel and digital network, to Univision, people familiar with the matter told the Financial Times.

QNB To Acquire Finansbank, Seeks To Expand In The Middle East And Africa

The Qatar National Bank Group (QNB), the largest financial institution in Qatar and the Middle East and North Africa Region, has announced in a press release that it is acquiring the 99.81 percent stake of National Bank of Greece (NBG) in Finansbank A.S. in Turkey, for €2.7 billion, or $2.9 billion.

LKQ To Acquire Rhiag-Inter Auto Parts, Expands European Footprint

LKQ Corporation, a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, has announced in a press release that it will be acquiring Rhiag-Inter Auto Parts Italia S.p.A for an enterprise value of €1.04 billion.

Alibaba Appoints Matthew Bassiur Head Of Global Intellectual Property Enforcement, Lead Company's Anti-Counterfeiting Efforts

Alibaba Group Holding Limited has announced in a press release that it is appointing Matthew Bassiur as vice president and head of Global Intellectual Property Enforcement, effective January 2016.

Boeing To Pay $12 Million To Settle Enforcement Cases, Will Enhance Its Compliance System

The U.S. Department Transportation’s Federal Aviation Administration (FAA) has announced in a press release that Boeing Commercial Airplanes has agreed to pay $12 million to settle its multiple pending and potential enforcement cases.

JP Morgan To Pay $150 Million, Settle London Whale Lawsuit

JPMorgan Chase & Co. has agreed to pay $150 million to settle investors’ claims, according to a report from Bloomberg. The company will be paying for claims that it hid from investors as much as $6.2 billion in losses caused by a trader dubbed the “London Whale.”

Icahn Again Raises Bid For Pep Boys, Wages Bidding War Against Bridgestone

Icahn Enterprises has raised its bid for Pep Boys: Manny, Moe & Jack, a full-service and tire automotive aftermarket chain, to $16.50 a share, or about $919 million, according to a report from The Wall Street Journal.

U.S. Steel Delays Construction Of Electric Arc Furnace In Alabama Due To Challenging Market Conditions In Oil, Gas And Steel Industries

U.S. Steel Corporation has announced in a press release that it will be postponing the construction of the Electric Arc Furnace at its Fairfield Works in Birmingham, Alabama.

Southwest Airlines To Pay $2.8 Million To Settle Lawsuit Alleging It Violated FAA Safety Regulations

The U.S. Department of Justice (DOJ) has announced in a press release that Southwest Airlines Co. has agreed to pay a $2.8 million civil penalty to settle a lawsuit against the airline.

NetApp Acquires SolidFire For $870 Million, To Accelerate Adoption Of All-Flash Data Centers

NetApp, Inc. has announced in a press release that they will be acquiring SolidFire Inc., a market leader in all-flash storage systems built for the next-generation data center, for $870 million in cash.

James Packer Steps Down As Director Of Crown Resorts, Intensifies Speculation He Will Bid For Company

Crown Resorts Limited has announced in a press release that James Packer has resigned as a director of the company, effective immediately. Packer’s resignation has intensified speculations that he is closer to bidding for the company.

Scotiabank Considering Options For Its Stake In Thanachart Bank, Part Of Strategic Shift Of Company's Asia-Pacific Operations

The Bank of Nova Scotia (Scotiabank) has announced in a press release that it may consider strategic options for its 49 percent stake in Thanachart Bank Public Company Limited.