Gander Mountain closing? Not so fast says new owner Marcus Lemonis
Marcus Lemonis, CEO and Chairman of Camping World and host of CNBC's TV show, "The Profit," speaks to guests Friday, July 31, 2015, during the Camping World Richmond SuperCenter grand opening.(Photo: Palladium-Item Joshua Smith, Joshua Smith/Palladium-Item)Over the weekend, news spread of Gander Mountain closing all of its remaining stores, worrying employees and loyal customers that the longtime outdoor specialty brand would soon be no more.But CNBC's "The Profit" Marcus Lemonis, who now owns G..>> view originalSinclair Is Said to Be Near a Deal for Tribune Media
Growth would help the 46-year-old Sinclair gain more negotiating leverage in the television industry, which has consolidated rapidly in recent years. Adding stations would give the company more power over cable providers, which pay to retransmit stations’ broadcasts. It could also give Sinclair a presence in most of the country’s major markets. A deal for Tribune would also help Sinclair gird itself against growing online rivals like Netflix and Hulu, as well as content providers like CBS and t..>> view originalComcast, Charter Joining Forces to Better Compete in Wireless
Comcast Corp. and Charter Communications Inc., the two largest U.S. cable operators, have agreed to explore ways to work together in the wireless business and better compete nationwide with mobile giants like AT&T Inc. and Verizon Communications Inc.Both cable companies have agreements with Verizon that allow them to re-sell wireless service on Verizon’s cellular network in their respective territories. Now, they want to use their combined size to negotiate better contracts for reselling wirel..>> view originalHave The 'Miserable' Airlines Finally Reached A Tipping Point?
A girl waits as travelers walk though the security line at O'Hare International Airport. Joshua Lott/Getty Images hide caption toggle caption Joshua Lott/Getty Images A girl waits as travelers walk though the security line at O'Hare International Airport. Joshua Lott/Getty Images ..>> view originalAkzo Nobel rejects third takeover proposal from PPG
Reuters UPDATE 3-Akzo Nobel rejects third takeover proposal from PPG (Updates with PPG reaction, adds shareholders at April 25 AGM) By Toby SterlingAMSTERDAM, May 8 (Reuters) - Dutch paint maker Akzo Nobel>> view originalon Monday rejected a third takeover proposal from PPG Industries , leaving its larger U.S. rival to decide whether to make a formal bid without the support of Akzo's board, or throw in the towel. PPG's third offer values Akzo at 26.3 billion euros ($28.8 billio.. FTSE 100 steady as Macron delivers the presidential win expected
U.K. stocks darted between small gains and losses Monday, even as mining shares lost ground, as European equities took a breather after French voters elected market-friendly centrist Emmanuel Macron as their next president. The FTSE 100 index UKX, +0.11% ..>> view originalMacau to require facial scans at ATMs in Chinese casino hub
HONG KONG – Taking security to a new level, Macau is stepping up security checks at ATMs in the Asian gambling hub by requiring facial scans and ID card verification for cash withdrawals using China's main payment network. The government said in a statement late Sunday that the new measures would eventually be rolled out to all automated teller machines in the former Portuguese colony, especially those inside casinos or nearby. It didn't give a specific timeframe. The specially administered re..>> view originalBuffett Confronts Search for Next Big Thing After Missed Chances
Underlying the festivities at Warren Buffett’s annual bash for Berkshire Hathaway Inc. shareholders over the weekend was a sobering fact: Finding the next big thing is hard.The Berkshire chief executive officer spoke at length Saturday about his failure to pounce on opportunities in tech stocks, the challenge of lining up large deals, and his frustration with a cash pile that’s approaching $100 billion.“We shouldn’t use your money that way for long periods,” Buffett said of the cash during his ..>> view originalOil prices give up gains, US output weighs against OPEC-led cuts
LONDON Oil prices gave up early gains on Monday, as the market weighed news from OPEC and other producers about prolonging output cuts against data showing the recovery in U.S. drilling had extended for a year.Brent crude was up just 3 cent at $49.13 a barrel by 0959 GMT (5.59 a.m. ET), after trading as high as $49.92 earlier in the session. U.S. light crude was also little moved at $46.28 a barrel, down from a intra-day high of $46.98.Both futures contracts have dropped by more than 10 percen..>> view originalChina's April trade growth slows as commodities, electronics demand cools
Beijing China's import growth slowed faster than expected in April, as inbound shipments of commodities such as iron ore and copper weakened, while export growth more than halved, in line with a general cooling in demand for electronic gadgets.China's April imports rose 11.9 percent, cooling from March's 20.3 percent rise, official data showed on Monday, and missing analysts' expectations for an 18 percent rise.Exports rose 8.0 percent from a year earlier, slowing from a 16.4 percent rise in t..>> view original
Sunday, September 10, 2017
Gander Mountain closing? Not so fast says new owner Marcus Lemonis and other top stories.
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