The newly public company, which makes digital whiteboards for schools and business, started out with a hot IPO but quickly ran afoul of investors’ expectations. But several analysts now see its beaten-down stock as a good oppor…
Sheikh Ahmed bin Saeed Al Maktoum, head of the Emirates airline, is taking over as chairman of Dubai World as the company struggles to restructure.
Dubai’s government said today that Sheikh Ahmed will replace Sultan Ahmed bin Sulayem, who oversaw the…
Peter Nachtwey, CFO of Carlyle Group, is leaving the private equity company as it plans an IPO.
“Pete decided to pursue a great new opportunity for him, which we understand will be announced soon,” Carlyle spokesman Christopher Ullman said, according…
FedEx (FDX) is gearing up its busiest day of the year, confident that holiday shopping will help push traffic above its 2009 peak.
The Memphis, Tenn.- based shipping giant, expects to handle about 16 million packages worldwide today, according to The…
The Great Atlantic & Pacific Tea Co. (GAP), once the largest grocer in the United States, filed for Chapter 11 bankruptcy protection.
The company filed for protection in White Plains, N.Y., listing total debts of more than $3.2 billion and assets…