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Indonesia build $263 mln sea wall protect capital
2014-10-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Indonesia on Thursday officially launched a $263 million project to build a giant sea wall along the coast of its capital, Jakarta, in an attempt to protect businesses and homes from flooding. Last year's rainy season brought Jakarta to a standstill, causing a river in the city to breach its banks and swamp the central business district, leaving thousands stranded and causing $580 million in damage. With 40 percent of Jakarta already below sea level, the situation is only expected to worsen...
Fiat Chrysler crowns merger with Wall Street debut
2014-10-12 13:13:24| Automakers - Topix.net
The world's seventh-largest auto group has sought the U.S. listing to help to establish itself as a leading global player through access to the world's biggest equity market and the cheaper, more reliable source of funding it ultimately offers. But Marchionne has picked a difficult moment to woo U.S. investors.
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Why haven't reports of a potential CSC buyout rallied Wall Street?
2014-10-11 00:01:14| IT Services - Topix.net
Talk of potential acquisition has accelerated in the last year, as CEO Mike Lawrie's aggressive attempts to trim costs as part of a corporate turnaround paid off in earnings and stock price. It's been 10 days since reports broke that Computer Sciences Corp. is talking to private equity firms about a possible buyout.
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Wall Street veteran Sallie Krawcheck: 'Ask for the friggin' money'
2014-10-11 00:00:47| Apparel - Topix.net
"Ask for the money, ask for the money, ask for the friggin' money," Krawcheck said at the Raymond James Women's Symposium in St. Petersburg. Krawcheck, currently chairman of Ellevate, a professional networking organization for women, cited statistics that show women as a group make 77 cents for every dollar men make.
Tags: money
street
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wall street
Agnellis tighten grip on Fiat Chrysler ahead of Wall Street debut
2014-10-10 12:17:23| Automakers - Topix.net
The Agnelli family has tightened its grip on Fiat by securing higher voting rights after the carmaker's merger into Fiat Chrysler Automobiles , a statement from the Italian bourse shows. The move by the Agnellis' holding company, Exor, to boost its voting power at FCA to nearly 50 percent could make Fiat Chrysler less of a takeover target and reduce its options for strategic tie-ups.
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