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  • BOSTON, Sept 22- Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people- retail investors. Now, his campaign to get himself and two other nominees...

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • ZURICH, Sept 22- Adecco Group is investing in digital technology to make it more attractive to employers seeking flexible workers, the world's largest staffing company said on Friday, as it targets faster growth as the global economy recovers. It also unveiled a raft of cost savings and digital investments ahead of its investor day in London.

  • BOSTON, Sept 20- Billionaire hedge fund manager William Ackman, whose firm owns an 8.3 percent stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people- retail investors. Now, his campaign to get himself and two other nominees...

  • Less than 11 percent of the $1.04 trillion to $1.05 trillion in total sales is expected to come from ecommerce, the consultancy estimated. Ecommerce sales comprised about 19 percent of total retail sales last year, according to the National Retail Federation. Online sales are expected to grow 18-21 percent to $111 billion to $114 billion, according to Deloitte,...

  • The plan would slash federal healthcare funding to states by $215 billion through 2026, and more than $4 trillion over a 20- year period, according to Avalere Health, a research and consulting firm. Importantly, Graham-Cassidys cuts to Medicaid would decimate our current system of funding for long-term care. The Affordable Care Act has taken its lumps, but it...

  • BOSTON, Sept 20- Billionaire hedge fund manager William Ackman on Wednesday spoke to Main Street stockholders, asking this less affluent but hugely influential group to help him win a proxy contest at human resources outsourcing company Automatic Data Processing Inc.. One of Wall Street's biggest investors, Ackman told ADP's retail owners, who own 28 percent...

  • BOSTON, Sept 20- Billionaire hedge fund manager William Ackman on Wednesday spoke to Main Street stockholders, asking this less affluent but hugely influential group to help him win a proxy contest at human resources outsourcing company Automatic Data Processing Inc.. One of Wall Street's biggest investors, Ackman told ADP's retail owners, who own 28 percent...

  • A shopper viewing an amazon.com webpage

    The New York Times reports the company is responding to a British news investigation that found the faulty algorithm.

  • "In the last two or three holiday seasons, retailers have been so focused on digital, that perhaps they haven't paid enough attention to their stores," said Carol Spieckerman, president of retail consultancy Spieckerman Retail. "I think brick-and-mortar are throwing down the gauntlet and saying, we are going to have more customer facing employees to try to...

  • By Ed Cropley and Joe Brock. JOHANNESBURG, Sept 15- Global auditor KPMG cleared out its South African leadership on Friday after damning findings from an internal investigation into work done for businessmen friends of President Jacob Zuma. It became the third global firm to be damaged by work carried out for the Indian-born brothers, after public relations...

  • *KPMG worked for Gupta family, friends of president Zuma. JOHANNESBURG, Sept 15- Global auditor KPMG cleared out its South African leadership on Friday after damning findings from an internal investigation into work done for businessmen friends of President Jacob Zuma. It became the third global firm to be damaged by work carried out for the Indian-born...

  • *KPMG worked for Gupta family, friends of president Zuma. JOHANNESBURG, Sept 15- Global auditor KPMG cleared out its South African leadership on Friday after damning findings from an internal investigation into work done for the Guptas, businessmen friends of President Jacob Zuma accused of improperly influencing government contracts.

  • LONDON, Sept 14- Britain's competition regulator has launched an investigation into investment consultants following concerns about conflicts of interest in an industry advising on the management of over 1.6 trillion pounds of pension and other funds. The Financial Conduct Authority said on Thursday it has referred its concerns to the Competition and...

  • LONDON, Sept 13- BP's head of investor relations Jess Mitchell will retire at the end of next month after five years in the role, the oil and gas company said in an email sent to investors. Mitchell will be replaced by Craig Marshall who has headed BP's North America investor relations since 2013 and who has worked for the company for over 20 years in financial roles...

  • *UK arm of Bell Pottinger placed in administration. After working behind the scenes on some of the most defining moments in recent history, from the election of Margaret Thatcher to the death of Russian spy Alexander Litvinenko, Bell Pottinger crumpled following a scandal of its own making. Bell Pottinger, which is based in London, has lost customers, partners and...

  • LONDON, Sept 12- Bell Pottinger's British arm collapsed on Tuesday after the global public relations agency ran a racially-charged political campaign in South Africa that prompted a client exodus. After working behind the scenes on some of the most defining moments in recent history, from the election of Margaret Thatcher to the death of Russian spy...