Jan 22, 2014 03:03 PM Mark Lampert PORTLAND, Ore. - - Daimler Trucks North America (DTNA) today announced that Mark Lampert, senior vice president of sales and marketing, will retire March 31, 2014. Richard Howard will assume the ...
Tags: DTNA, Mark Lampert, Daimler Truck, Martin Daum
T-Mobile entered the banking business with a MobileMoney service that provides banking services for subscribers on qualifying rate plans. Mobile Money is positioned as an affordable alternative to checking fees for about 68 million adults ...
Tags: Consumer Electronics, Electronics
GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...
Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves
This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that will drive further economic recovery ...
Tags: Eurozone Financial Services, Business Lending, Financial Services
An index of the U.S. economy's service sector decreased in December, the Institute for Supply Management reported Jan. 6. ISM's monthly services index declined to a 53 reading from 53.9 in November. Figures of more than 50 indicate ...
Tags: Institute for Supply Management, monthly services index, decline
Tangshan Iron and Steel Group Co Ltd is leading the effort to go abroad as the country's steel and iron industry struggles with overcapacity, reports Du Juan from Tangshan, Hebei province Against the background of the overcapacity problem ...
Tags: Steel Capacity, Mineral
Italian sports car manufacturer Ferrari has launched its new turbocharged 2014 Formula One power unit - 059/3. The new 1.6-liter V6 Formula One 059/3 engine is further boosted by an energy recovery system, autoblog.com reported. This ...
Tags: Ferrari, Formula One Engine
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) has announced that it has lately signed a strategic cooperation agreement with Yancheng, Jiangsu Province-based Chinese company Yueda Group. JISCO stated ...
Tags: steel, metallurgy
As profitability is more difficult to find than prior to the financial crisis, 2014 will be a year of foundational investment for the financial markets, with the primary focus on investment in IT infrastructure, according to new research ...
Tags: Computer Products, software
Don and Debora Young watched anxiously as Dorothy Patterson’s dream came one window closer to fulfillment at Southwestern Baptist Theological Seminary. “I’m a little nervous, because glass breaks and a million things ...
IDC has released its predictions for the IT industry in 2014, and said it believes that Middle East spending will exceed $32 billion in the coming year. It predicts that the region will make a 7.3 percent year-on-year growth, one of the ...
Tags: It Predictions, Computer
Global IPO activity should remain on a firm footing in Q1'14, following a strong uptick in listings in the last quarter of 2013 to close the year with a total of 864 deals raising around US$163.0b, according to EY Global IPO Trends: Q4 ...
Tags: Global IPOS, investment, stock
Hellman & Friedman, a private equity investment firm has reached an agreement to acquire insurance software provider Applied Systems, from Bain Capital, in a transaction valued at nearly $1.8bn. Other parties who will also invest the ...
Tags: Hellman&Friedman, Applied Systems, $1.8bn
A new Trojan programme that targets users of online financial services has the potential to spread very quickly over the next few months, security researchers warn. The malware was first advertised on a private cybercrime forum in July, ...
Tags: Online Banking, Threatonline, financial services, security
Speaking on the on the House Judiciary Committee’s vote approving H.R. 3309, the Innovation Act, the National Retail Federation Senior Vice President David French said, “The Judiciary Committee has taken Congress’ first ...
Tags: Patent Reform, Apparel