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    1. The CEO Who Turned Around Arby's says Much of his Success Should be Attributed to an Advantage Most CEOs Don't Have

      The CEO Who Turned Around Arby's says Much of his Success Should be Attributed to an Advantage Most CEOs Don't Have
      • This post is part of Business Insider's ongoing series on Better Capitalism.
      • Inspire Brands CEO Paul Brown is tasked with turning around the restaurant chain Buffalo Wild Wings, using the same tactics he deployed at Arby's.
      • Brown said that a main reason he's able to enact major changes is because of patient shareholders, especially because Inspire is private...
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    2. Qualcomm Raises it Bid for NXP Semiconductors

      Qualcomm Raises it Bid for NXP Semiconductors
      • Qualcomm raised its bid for NXP Semiconductors to $127.50 a share from $110.
      • Qualcomm would need to buy a minimum of 70% of NXP's outstanding shares in a tender offer.
      • The latest deal values NXP at $44 billion.

      (Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp...

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    3. We Talked to JPMorgan CEO Jamie Dimon About the Bank's $20 Billion Investment in the US, the Economy, and Why he Won't Run for Office

      We Talked to JPMorgan CEO Jamie Dimon About the Bank's $20 Billion Investment in the US, the Economy, and Why he Won't Run for Office
      • Business Insider caught up with the JPMorgan Chase CEO in the South Bronx on Tuesday, where the bank was announcing the expansion of its Entrepreneurs of Color Fund.
      • We asked him about inflation concerns, the bank's five year, $20 billion dollar investment in the US, and its healthcare initiative with Amazon and Berkshire Hathaway...
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    4. Tim Cook Explains Why You're Never Going to Visit the Inside of Apple's New $5 Billion Headquarters

      Tim Cook Explains Why You're Never Going to Visit the Inside of Apple's New $5 Billion Headquarters
      • Apple just finished a $5 billion headquarters called Apple Park. Some say it's an architectural landmark.
      • Non-Apple employees are not allowed in, though, and Apple's not likely to offer tours.
      • It's because there's a lot of confidential information inside the building, Apple CEO Tim Cook said...
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      Mentions: CEO Apple Tim Cook
    5. Apple Shareholders Just gave a Huge Vote of Confidence to Tim Cook (AAPL)

      Apple Shareholders Just gave a Huge Vote of Confidence to Tim Cook (AAPL)

      Reuters

      • Apple held its annual shareholder's meeting at its new California headquarters on Tuesday.
      • Apple CEO Tim Cook discussed investing in the US but provided no details.
      • Shareholders voted to approve all the board members for new terms, and voted against shareholder proposals seeking to make Apple form a human rights committee and to make it easier for shareholders to nominate their own slates of board directors...
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      Mentions: CEO Apple Tim Cook
    6. Xerox is Sliding After Being Sued by One of its Largest Shareholders (XRX)

      Xerox is Sliding After Being Sued by One of its Largest Shareholders (XRX)
      • Billionaire investor Darwin Deason has sued Xerox to block its proposed merger with Fujifilm.
      • Shares of Xerox sank more than 3% on the news; Fujifilm was also down.

      Shares of Xerox plunged as much as 3.35% Tuesday morning after one of its largest shareholders, billionaire Darwin Deason, filed a lawsuit against the company to block its proposed merger with Japan's Fujifilm...

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    7. 48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO

      48-year-old Billionaire Jonathan Gray is Replacing Tony James as Blackstone’s COO
      • Private-equity giant Blackstone Group has promoted Jonathan Gray to replace Tony James as COO.
      • Gray, 48, has run the firm's global real estate group since 2005.
      • Gray joined the firm out of college in 1992 and has built a billion-dollar fortune in his time there.

      Alternative-asset management giant Blackstone Group has tapped 48-year-old billionaire Jonathan Gray as its next chief operating officer, the company announced Tuesday...

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      Mentions: Blackstone
    8. Carl Icahn and Darwin Deason are Trying to Stop the Xerox Fujifilm Deal

      Carl Icahn and Darwin Deason are Trying to Stop the Xerox Fujifilm Deal

      TXerox Corp's plan to sell itself to Japan's Fujifilm Holdings has come under further pressure with Carl Icahn and Darwin Deason urging fellow shareholders to oppose the $6.1 billion deal.

      Masayuki Otani, chief market analyst at Securities Japan, said that Xerox and Fujifilm have limited options in terms of addressing Icahn's and Deason's opposition to the deal...

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    9. A Dell and VMware Merger is a 'Worst Case Scenario' for Shareholders

      A Dell and VMware Merger is a 'Worst Case Scenario' for Shareholders
      • Analysts at Morgan Stanley warned in a note Monday that a reverse merger between Dell and VMware is a "worst case scenario" for VMware shareholders.
      • Analysts said a merger could devalue VMware by as much as $28 billion. This also leads them to believe that a merger is unlikely, according to the note.
      • VMware confirmed in early February that Dell is considering a reverse merger with the publicly-traded company, as a means of going public itself...
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      Mentions: IPO Merger risk
    10. Buffalo Wild Wings was Sucked into a Downward Spiral as Millennials Ditched the Chain — but the new CEO has a Plan for a Comeback

      Buffalo Wild Wings was Sucked into a Downward Spiral as Millennials Ditched the Chain — but the new CEO has a Plan for a Comeback
      • Arby's parent company Roark Capital Group completed its $2.9 billion acquisition of struggling Buffalo Wild Wings on Monday.
      • Paul Brown, who led Arby's turnaround, will be CEO of the newly formed operating company that will oversee both Buffalo Wild Wings and Arby's.
      • Brown told Business Insider that the major changes on Buffalo Wild Wings' horizon include new menu and marketing strategies.
      • The biggest problem Brown says he has to solve: Buffalo Wild Wings lost what made it unique...
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    11. How 2 Powerful Women Beat Gender Pay Gaps to Become the President of Salesforce and the CEO of Deloitte Consulting

      How 2 Powerful Women Beat Gender Pay Gaps to Become the President of Salesforce and the CEO of Deloitte Consulting
      • In January, Business Insider's US editor-in-chief, Alyson Shontell, hosted a discussion with two top executives at the World Economic Forum in Davos, Switzerland.
      • Cindy Robbins, the president and chief people officer at Salesforce, helped spearhead the program known as Women's Surge at the company.
      • Janet Foutty, the chairman and CEO of Deloitte Consulting, has risen to the top and seen firsthand the challenges women face on the way...
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    12. Lululemon Needs a New CEO, and Analysts say There's a Clear Frontrunner for the Job

      Lululemon Needs a New CEO, and Analysts say There's a Clear Frontrunner for the Job
      • Lululemon's CEO abruptly resigned Monday. The company released a statement suggesting he had engaged in poor conduct.
      • It is now searching for a replacement CEO but will be run by three members of senior management during the interim period.
      • Analysts say industry veteran Stefan Larsson is the frontrunner for the job...
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    13. The Chairman of Samsung has been Named as a Suspect in a $7.5 Million Tax Evasion Case

      The Chairman of Samsung has been Named as a Suspect in a $7.5 Million Tax Evasion Case
      • South Korean police have identified Samsung Chairman Lee Kun Hee as a potential suspect in a tax evasion case.
      • The evasion is worth 8.2 billion won ($7.5 million/£5.4 million), and it involves the use of employees' bank accounts.
      • The police also said that the money was found in the course of their probe into alleged improper payments for the renovation of Lee's family residence...
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    14. Kaz Hirai is Stepping Down as CEO of Sony

      Kaz Hirai is Stepping Down as CEO of Sony

      Sony CEO Kazuo "Kaz" Hirai will step down from the role at the end of the fiscal year in March.

      • He will be replaced by the current CFO, Kenichiro Yoshida, who worked with Hirai over the past six years on the unifying "One Sony" strategy.
      • The company will report its Q3 earnings on Friday, where it expects yet another successful quarter, and might give more guidance on the longer-term strategy under Yoshida...
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      Mentions: CEO CFO Sony
    15. One of Sears' Biggest Defenders Just Revealed why he Abruptly Cut Ties with the Company

      One of Sears' Biggest Defenders Just Revealed why he Abruptly Cut Ties with the Company
      • Bruce Berkowitz, a former Sears director and one of its biggest defenders, says the company's losses "wrecked" his hedge fund's performance.
      • "Sears realized billions of dollars from asset sales, as we predicted, but I did not foresee the operating losses that have significantly reduced values," he wrote in a letter to investors.
      • The letter marks the first time Berkowitz has spoken out about Sears since quietly leaving its board in October...
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    16. Fujifilm Takes Over Xerox with a $6.1 Billion Deal, Forms a Joint Venture

      Fujifilm Takes Over Xerox with a $6.1 Billion Deal, Forms a Joint Venture
      • Japan's Fujifilm is set to take over Xerox in a $6.1 billion, creating a joint venture.
      • Fujifilm will use bank debt to buy a 50.1% stake in new Xerox shares.
      • The combined company will keep the Fuji Xerox name and become a subsidiary of Fujifilm.

      (Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing...

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    17. Amazon, Berkshire Hathaway, and JPMorgan are Teaming up on Healthcare

      Amazon, Berkshire Hathaway, and JPMorgan are Teaming up on Healthcare

      Amazon, Berkshire Hathaway, and JPMorgan Chase & Co. are teaming up on ways to address healthcare for their US-based employees. The companies will aim to improve employee satisfaction while reducing costs, according to a joint press release.

      Americans spent an average of $714, or 1.6% of their take-home pay on out-of-pocket healthcare spending in 2016, according to a report from JPMorgan Chase. That's up 3.6% versus a year ago and up 13.5% from 2013...

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    18. Blackstone Reportedly in Talks to Buy Majority Stake in Key Thomson Reuters Unit

      Blackstone Reportedly in Talks to Buy Majority Stake in Key Thomson Reuters Unit
      • Blackstone Group is reportedly in talks to buy around a 55% stake in the Financial and Risk business of Thomson Reuters for more than $17 billion.
      • If the deal is approved, it would represent the biggest shake-up of Thomson Reuters since it was formed a decade ago.
      • Sources cautioned that a deal had not been finalized and could still fall apart...
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    19. Benchmark Has Dropped its Lawsuit Against Travis Kalanick and Can Never Sue Him Over this Issue Again

      Benchmark Has Dropped its Lawsuit Against Travis Kalanick and Can Never Sue Him Over this Issue Again

      Benchmark officially dropped its lawsuit against Travis Kalanick on Thursday.

      • Dropping this suit was part of the deal that sold 15% of Uber to SoftBank.
      • The suit was dropped "with prejudice" meaning that Benchmark can never decide to sue Kalanick over this issue again.
      • It's a relatively happy ending between the two estranged Uber board members...
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      Mentions: CEO Uber SoftBank
    20. Meg Whitman is the New CEO of NewTV, The Mobile-First TV Startup Created by DreamWorks Cofounder Jeffrey Katzenberg

      Meg Whitman is the New CEO of NewTV, The Mobile-First TV Startup Created by DreamWorks Cofounder Jeffrey Katzenberg
      • Silicon Valley mogul Meg Whitman has been appointed CEO of NewTV, a new mobile content venture from DreamWorks cofounder Jeffrey Katzenberg.
      • The venture will focus on short-form premium content for mobile consumption.

      Meg Whitman has been appointed CEO of a new venture backed by Jeffrey Katzenberg that aims to revolutionize entertainment with short-form premium content customized for mobile consumption.

      Read Full Article
      Mentions: CEO CFO Uber
    21. 'Why would I ever go to work for Bill Ackman?': Panera's ex-CEO shuts down rumors that he's taking over Chipotle as the struggling burrito chain searches for a savior (CMG)

      'Why would I ever go to work for Bill Ackman?': Panera's ex-CEO shuts down rumors that he's taking over Chipotle as the struggling burrito chain searches for a savior (CMG)
      • Rumors have been flying about Panera's former CEO Ron Shaich as Chipotle searches for a new top executive.
      • But Shaich tells Business Insider he has no interest in the gig, which would force him to step away from his role as Panera's chairman to lead a struggling public company.
      • Shaich is a vocal critic of what he sees as Wall Street's obsession with short-term growth, which he says contributed to the decision to take Panera private in 2017...
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