Hamish Maxwell, who steered Philip Morris Cos. in its 1985 purchase of General Foods Corp. and 1988 takeover of Kraft Inc., milestones in transforming the tobacco company into a consumer products conglomerate, has died. He was 87.
When Mark Gozzo got a request from a stranger to connect on LinkedIn, he considered it just another chance to expand his professional network. In a month’s time, the invitation had turned into a new job.
As Apple Inc. was being targeted by an onslaught of negative advertising from arch-rival Samsung Electronics Co., the iPhone maker was racing to figure out how to fight back, according to evidence presented at a $2 billion patent trial.
Vice Media Inc., the company that combines punk culture with online journalism, is poised to double revenue to $1 billion by 2016 and may pursue an initial public offering, co-founder Shane Smith said.
European stocks were little changed, with the Stoxx Europe 600 Index posting its biggest weekly gain in five weeks, as consumer confidence increased more than forecast, while derivatives contracts expired.
Western leaders may think Vladimir Putin is crazy for threatening to annex Crimea and invade other areas of Ukraine. Most Russians, still bitter about the Soviet Union’s demise more than two decades ago, couldn’t be prouder.