Tag: Family

  • How a Phone Call From Her Bank Threatened an Entrepreneurs Small Business

    Office of Foreign Asset Control, says spokeswoman Ashley Frost. She declined further comment or to address questions about Doddle. Banks are on guard against potential sanctions violations. Four years ago, BNP Paribas SA was hit with a penalty of $88 million in 2011 to settle allegations it had violated multiple sanctions involving Cuba and Iran. JPMorgan hasn’t […]

  • Asda Grew From Humble Roots to Attract Walmart, Sainsbury

    U.K. grocer Walmart Inc. on a combination with the U.S. retailer’s British Asda unit, in a deal that could create a stronger challenger to Amazon.com Inc. Read more: https://www.bloomberg.com/news/articles/2018-04-28/asda-grew-from-humble-roots-to-attract-walmart-sainsbury

  • The Numbers Behind WeWorks Growing Empire

    tapping the bond market for the first time and in doing so, has provided a rare glimpse into the startling numbers behind its breakneck expansion. The co-working company, which is seeking $500 million to finance yet more growth, has amassed a global portfolio of more than 14 million square feet, approaching the size of the […]

  • Is Vail Resorts Killing Whistlers Spirit?

    The takeover of Canada’s most iconic ski resort by an American corporation was never going to go smoothly. But Vail Resorts Inc.’s $1 billion acquisition of Photographer: Justa Jeskova Photography This is the first season that Whistler Blackcomb was included in Vail’s $879 Epic Pass (now $899 for the 2018-2019 season), a program that gives […]

  • Peter Munk, Entrepreneur Who Founded Barrick Gold, Dies at 90

    He spent three decades expanding company into a global giant Hungarian-born Munk pledged bulk of fortune to philanthropy love affair. After the deprivation of postwar Europe, food was abundant and friends welcomed him into their homes with open fridges. He worked a series of odd jobs — selling Christmas trees, harvesting tobacco, clearing bush — […]

  • Da Vincis Christ Portrait Shatters Art Record With $450 Million Sale

    “Jesus Christ.” That was the reaction of mega art dealer Larry Gagosian after a rediscovered painting by Leonardo da Vinci became the most expensive work ever sold, soaring to $450.3 million at a Christie’s auction in New York on Wednesday. Alex Rotter, the auction house’s co-chairman of postwar and contemporary art in the Americas, placed the winning […]