October 17, 2023 6:20 am
WeWork Inc said on Monday that it had appointed David Tolley as its new Chief Executive Officer. Tolley has been a member of the company’s board of directors since February 2023 and has served as interim Chief Executive Officer since May. “WeWork’s ability to define and lead an evolving world of work is a direct […]
Read moreOctober 15, 2023 4:39 pm
PCTEL Inc, a global provider of wireless technology solutions, said on Friday that it had reached a definitive agreement to be purchased by Amphenol Corp. The deal, which is structured as an all cash transaction, values PCTEL Inc at nearly $139.7 million. Under the terms of the deal, approved by PCTEL’s board of directors, PCTEL […]
Read moreOctober 15, 2023 2:42 pm
Tesco Plc, the largest retailer in the UK, said on Friday that it would hire 30,000 temporary workers for the upcoming Christmas season. The company said the jobs would mostly be in its larger supermarkets, with positions on checkouts, store replenishment and picking home delivery orders. Earlier this week, Sainsbury’s announced plans to recruit 22,000 […]
Read moreOctober 13, 2023 3:24 pm
Gladstone Commercial Corp said on Friday that it had acquired a 70,000 square foot industrial manufacturing facility in Allentown, Pennsylvania, for as much as $7.8 million. Gladstone Commercial serves packaging, appliance, building products, cold chain, automotive, consumer and other general industrial end-markets. “We are excited to add another industrial asset in the Lehigh Valley submarket, […]
Read moreOctober 13, 2023 10:29 am
Deutsche Bank announced on Friday that its takeover of London-based boutique investment bank Numis had now been completed. The German lender had said in April that it had agreed to acquire Numis for GBP 410 million. The combined business, Deutsche Numis, will manage over 170 corporate broking relationships and will offer advisor, corporate broking as […]
Read moreOctober 12, 2023 3:29 pm
Adcore Inc, an e-commerce advertising management and automation platform, said on Thursday that it had named Amit Konforty as its next Chief Financial Officer, effective November 11th. Konforty is to succeed Yatir Sadot, who has resigned from his post of Chief Financial Officer, effective November 10th, and will leave the company. Konforty, a Certified Public […]
Read moreOctober 11, 2023 2:40 pm
Sysco Corp said on Wednesday that it had agreed to acquire Chicago-based Edward Don & Company, a distributor of food service equipment, supplies and disposables. The acquisition is expected to provide a range of benefits to Sysco, including: – First, a wide distribution footprint with more than 1.4 million square feet of distribution centers and […]
Read moreOctober 11, 2023 6:17 am
Trex Company Inc, a leading brand of high-performance, low-maintenance and eco-friendly composite decking and railing, said on Tuesday that it had appointed Brenda Lovcik as its next Senior Vice President and Chief Financial Officer, effective October 23rd. Lovcik’s most recent role was Chief Financial Officer, Global Products, Global Supply Chain and Global FP&A at Johnson […]
Read moreOctober 10, 2023 1:24 pm
TrueBlue, a provider of specialized workforce solutions, said on Tuesday that it had promoted Carl Schweihs to the role of Chief Financial Officer from his current position as President and Chief Operating Officer of the company’s PeopleManagement division. The appointment will take effect on October 30th. Schweihs is to succeed Derrek Gafford, who is parting […]
Read moreOctober 10, 2023 9:45 am
Sales of Mercedes-Benz vehicles registered a 4% drop in the third quarter due to model changes and lack of parts, the auto maker said on Tuesday. Mercedes-Benz delivered a total of 510,600 vehicles between July and September, according to wholesale sales figures. Vehicle sales in Europe increased 12% in the latest quarter. On the other […]
Read more