Jupiter CEO Slendebroek to step down, Andrew Formica appointed

Jupiter Asset Management has named Andrew Formica as its new chief executive, after veteran investor Maarten Slendebroek said he would resign the role on March 1.Read More

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Box Office – ‘Glass’ dominates MLK weekend with $47 million

M. Night Shyamalan's "Glass" topped box office charts during the Martin Luther King Jr. holiday, collecting $40 million over the weekend for a four-day sum of $47 million.If estimates hold, "Glass" will come in behind "American Sniper" ($107 million) and "Ride Along" ($48 million) as the third-best showing for both January and MLK holiday weekend.Read... Continue Reading →

Los Angeles teachers’ strike to continue through Tuesday – union

Los Angeles teachers will extend their strike to a sixth school day on Tuesday even if contract negotiators reach a deal before then, because the union rank-and-file must ratify any tentative agreement before ending the walkout, the union said on Monday. A fifth day of contract negotiations took place on Monday in an attempt to... Continue Reading →

Oil and gas executives expect to boost spending this year – survey

The majority of senior energy industry executives expect to maintain or increase spending this year to meet demand for oil and gas after years of austerity, a survey by DNV GL shows.DNV, a technical adviser to the energy industry, surveyed 791 senior professionals from firms with annual revenue ranging from $500 million or less to... Continue Reading →

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