Sunday, September 16, 2018

Private-Equity Firms TPG and Rockbridge Explore Sale of AXS

Private-equity firms TPG and Rockbridge Growth Equity are exploring strategic options for their stake in ticketing company AXS, including a possible sale.

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Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million

Nearly eight months after Meredith completed its purchase of Time, the publisher has agreed to sell Time magazine for $190 million to Marc Benioff, co-founder of Salesforce.com, and his wife Lynne Benioff.

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Shell Aims to Manage Methane Emissions

Royal Dutch Shell said it will announce plans to lay out targets to manage its emissions of the greenhouse gas methane, joining a handful of major oil companies that have made similar pledges this year.

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U.S., China Ramp Up Trade Threats, Imperiling Negotiation Efforts

President Trump’s economic conflict with China is set to escalate this week, as the administration plans to unveil fresh tariffs on $200 billion in Chinese products entering the U.S. and Beijing debates new ways to retaliate.

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Global Economy Week Ahead: Brazil Rate Decision and U.S. Jobless Claims

In the week ahead, Brazil’s central bank will make a decision on interest rates, and the U.S. will receive data on jobless claims and existing-home sales.

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Domino's Offered Free Pizza for Life in Exchange for a Logo Tattoo. It Found People Really Like Ink.

The Russian franchisee cancels the deal after young people, many already covered in tats, lined up at parlors to win the freebie.

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Taxify Rides Motorbikes to Lead Over Uber in Africa

Estonian startup Taxify has outpaced Uber in six African countries: Both are now tapping motorbikes, a popular mode of transportation for hire in the region.

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