Business

Majority owners explore sale of NASCAR, sources say

The majority owners of NASCAR, the company which operates the namesake U.S. car-racing series as well as additional motorsport events, are exploring options including the sale of their entire stake, people familiar told CNBC on Monday. Reuters first reported the news. The France family, which controls NASCAR, is usually working with investment bank Goldman Sachs to identify a potential deal ...

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Most successful entrepreneurs are older than you think

although the image of the young entrepreneur didn’t hold when we looked at the data. Past studies of high-growth entrepreneurship along with age have yielded conflicting results, based in part on little along with selected data sets in which researchers studied. To examine the question more definitively, we conducted an internal project at the U.S. Census Bureau. in which enabled ...

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Iran-Contra figure Oliver North named president of the NRA

Retired Lt. Col. Oliver North, the Marine at the center of the Iran-Contra affair three decades ago, was named president Monday of the National Rifle Association, giving This particular star power as This particular faces a powerful backlash over the massacres in Florida along with Las Vegas. North’s appointment was ripped by gun-control advocates who called the move symptomatic of ...

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Adecco Group sees revenue growing at 5-6% rate

Adecco Group reported weaker-than-expected first-quarter earnings as the entire world’s largest staffing company said revenue grew at an underlying 5-6 percent rate in March along with also April. Switzerland-based Adecco said its revenue fell 1 percent in reported terms along with also rose 4 percent on an organic basis inside three months ended March 31 to 5.69 billion euros ($6.78 ...

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Deutsche Post DHL confirms 2018 targets despite Q1 earnings miss

German postal along with logistics group Deutsche Post DHL Group confirmed its profit target for the year, although said the idea had work to do after the idea reported weaker than expected first quarter results on Tuesday. The company said profit in its post-eCommerce-parcels (PeP) division was hit by higher staff along with transport costs, plus the costs of expanding ...

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European markets edge higher ahead of Trump’s decision on Iran deal

After oil prices climbed to fresh highs Monday, the energy market pared back its gains on Tuesday as political news curbed sentiment. On Tuesday, crude futures fell into the red with U.S. WTI slipping below $70 a barrel, while Brent hovered around $75.40. Prices were under pressure as the market grew nervous over an announcement by the U.S. administration, concerning ...

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iZettle says the item plans to list on the Nasdaq Stockholm

Swedish payment start-up iZettle announced the item will go public of which year. The financial technology firm said Tuesday of which the item plans to raise 2 billion Swedish krona ($226 million) through an initial public offering on the Nasdaq in Stockholm. The company provides mobile card readers as well as different digital payment products to little businesses. the item ...

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Blackstone to buy Gramercy Property in $7.6 billion deal

U.S. private-equity firm Blackstone Group will buy commercial real estate manager Gramercy Property Trust in a $7.6 billion all-cash deal, the companies said on Monday. Blackstone’s $27.50-per-share offer represents a premium of 15.4 percent to Gramercy’s close on Friday at $23.82. The deal will add to Blackstone’s real estate business, which has emerged as a bigger contributor to earnings in ...

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