SAN JOSE, United States — EBay Inc.’s move to bring home part of its international cash hoard opens the door for it to do multibillion-dollar acquisitions, just as the company needs to rev up growth.
SAN FRANCISCO, United States — Since 2010, Square Inc's matchbox-sized card readers have steadily supplanted credit card machines in coffee shops and corner stores across the United States.
The Fixer in the House of Narciso (WSJ) “For women’s fashion designer Narciso Rodriguez, it has meant hiring left-brain fashion-industry veteran Robert J. Wichser in May. The label tapped him to be chief executive and resident ‘suit’ at the 15-year-old label. Mr. Wichser’s mission is to help the Narciso Rodriguez label regain the business mojo that has eluded it in recent years.” Square to
Awaiting the Storm’s Price Tag (NY Times) “Even as businesses struggled on Monday to gauge and contain the damage from Hurricane Sandy’s slow move up the East Coast, economists played down the likely long-term effects. The recovery after the storm, they said, could actually pump up growth temporarily in a few sectors, like construction and retail sales, when cleanup begins in earnest in a few days.” Simplicity and Order