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Commercial and Professional Services Commercial Services and Supplies

  • 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...

  • 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. Having lost customers, partners and its second-biggest shareholder in recent weeks, the company was put into administration by accountants BDO, entering a form...

  • *Pilot projects to recharge cars in Europe, California. *Company sees fossil fuel growth in China, India, Mexico. The Anglo-Dutch firm, with 43,000 fuel stations in 80 countries, aims to expand in China and India, as well as Mexico, where it sees fossil fuel growth in the next decade, John Abbott, the head of refining, trading and marketing, told Reuters.

  • *Pilot projects to recharge cars in Europe, California. *Company sees fossil fuel growth in China, India, Mexico. The Anglo-Dutch firm, with 43,000 fuel stations in 80 countries, aims to expand in China and India, as well as Mexico, where it sees fossil fuel growth in the next decade, John Abbott, the head of refining, trading and marketing, told Reuters.

  • Bell Pottinger, until recently one of the world's largest PR agencies, put itself up for sale after running a racially charged campaign in South Africa which has led to it being shunned by its peers. Bell Pottinger's Asian arm announced on Friday it would separate from the London parent and rename itself as Klareco Communications. On Tuesday, Britain's Public...

  • LONDON, Sept 8- The Asian arm of PR agency Bell Pottinger has rebranded itself as Klareco Communications and plans to separate from the scandal-hit British parent which it expects will go into administration next week. Until recently one of the world's biggest PR firms, Bell Pottinger has put itself up for sale after losing clients for running a racially...

  • *2016 operating profit cut to 335 mln stg vs 481 mln. EDINBURGH, Sept 7- British business services company Capita, looking for a new CEO after a series of profit warnings, slashed its 2016 earnings by almost a third on Thursday after adopting new accounting standards, sending its battered stock sharply lower. At 0810 GMT, Capita shares were down 3.5 percent at 621...