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…Yeah, things aren’t looking good for the plane manufacturer. And we must ask — where did it all go so wrong for Boeing? Well, it probably all began in the summer of 1997. Boeing wanted to establish dominance and show the world who was boss in the airline industry. So it decided to acquire another plane manufacturer called McDonnell Douglas. It was a massive merger worth $14 billion. Now after the merger, the new entity retained the Boeing name. It was expected since it was Boeing that splashed the cash. But the problem was that the culture of McDonnell Douglas...

The lovely and prolific Taylor Swift announced a concert tour. So far, so good. Happens every day. Ticketmaster opened up the ticket sales process, and sold 2 million tickets while fielding 3.5 billion requests – yes, 3.5 billion – before server crashes and other problems caused them to suspend sales. Taylor Swift is furious. Millions of fans are frustrated. Live Nation the parent of Ticketmaster, is embarrassed. And politicians – ranging from communist US Representative Alexandria Ocasio-Cortez to conservative US Senator Mike Lee – are all demanding hearings. It’s easy to kid about the disproportionate attention this is getting in...

Brewing titan Molson Coors undergoes name change, looks to cut up to 500 jobs TOM DAYKIN | MILWAUKEE JOURNAL SENTINEL USA TODAY MILWAUKEE – The parent of MillerCoors LLC will be moving hundreds of corporate office jobs to Milwaukee, a restructuring move that will result in the loss of 400 to 500 employees throughout the company. The number of jobs coming to Milwaukee isn't yet known, a company representative said Wednesday. But Milwaukee Mayor Tom Barrett said it will be hundreds of good-paying white-collar jobs. Barrett, at a City Hall news conference following the company's announcement, said his administration and...

How to Listen to the Background Hum of Gravitational Waves From all the Black Holes Colliding into Each Other Article written: 18 Apr , 2018 by Matt Williams The first-ever detection of gravitational waves (which took place in September of 2015) triggered a revolution in astronomy. Not only did this event confirm a theory predicted by Einstein’s Theory of General Relativity a century before, it also ushered in a new era where the mergers of distant black holes, supernovae, and neutron stars could be studied by examining their resulting waves.In addition, scientists have theorized that black hole mergers could actually...

Dense Star Clusters Could be the Places Where Black Hole Mergers are Common Article written: 12 Apr , 2018 by Matt Williams In February of 2016, scientists working for the Laser Interferometer Gravitational-Wave Observatory (LIGO) made history when they announced the first-ever detection of gravitational waves. Not only did this discovery confirm a century-old prediction made by Einstein’s Theory of General Relativity, it also confirmed the existence of stellar binary black holes – which merged to produce the signal in the first place.And now, an international team led by MIT astrophysicist Carl Rodriguez has produced a study that suggests that ...

MERGER TIPS FOR 2017: For all of you with any money left, be aware of the next expected mergers so that you can get in on the ground floor and make some BIG bucks. Watch for these consolidations in 2017: 1. Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W. R. Grace Co. will merge and become: Hale, Mary, Fuller, Grace. 2. Polygram Records, Warner Bros., and Zesta Crackers join forces and become: Poly, Warner Cracker. 3. 3M will merge with Goodyear and become: MMMGood. 4. Zippo Manufacturing, Audi Motors, Dofasco, and Dakota Mining will merge and become: ZipAudiDoDa....

Since President Donald J. Trump took office on January 20th, almost 3,100 merger or acquisition (M&A) deals have been announced, per recently released data from Thomson Reuters. 2017 continues to be the art of the deal as there have already been 13 deals valued at over $5 billion dollars since the Trump administration took charge. Cross-border deals are also at record highs. As the mainstream media continues to decry the mounting political and economic uncertainty around the world as a result of the hard-to-predict Trump administration, the global economy centered around the vibrant U.S. market appears to be doing just...

The sixth time was the charm as British-based brewer SABMiller on Tuesday accepted in principle a $106 billion takeover offer from Anheuser Busch InBev that will create the world's biggest beer company and bring together top U.S. brands Budweiser and Miller Genuine Draft.

NEW YORK — Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar. The Chesapeake, Virginia-based company said earlier this month that it would sell the stores, but it had not disclosed the buyer. It didn’t say how much Sycamore Partners will pay for the stores, which bring in about $500 million in annual revenue. It also didn’t disclose which stores are being sold....

Like all mergers, the proposed $45.2 billion Comcast CMCSA +1.67% merger with Time Warner Cable TWC +1.3%—the largest and second largest cable providers in the nation—has its advocates and critics. There are certainly important questions about what impact the merger would have on consumers—but there are equally significant issues associated with the highly politicized approval process. The Obama Department of Justice, led by Eric Holder, must review the merger and decide whether to approve or block it. Unfortunately, the Obama Administration and Justice Department have a long track record of pushing the rule of law aside and making decisions based...

Tech companies are profitable and flooded with cash. They are trying to figure out how to use their cash for growth, share appreciation, or both. Share appreciation Thanks to Ben Bernanke’s deflation fears, financing is so cheap that one of world’s richest companies, Microsoft, plans to issue up to $6 billion of debt to buy back some of its shares (as well as to pay dividends). Growth IBM just bought Netezza on the heels of Dell buying 3PAR. Earlier this year Intel bought McAfee. SAP bought Sybase. So far, the biggest acquisitions have been in the single-digit billions of dollars....

NEW YORK—Pharmaceutical giant Pfizer Inc. on Tuesday announced that it would shut down eight manufacturing plants around the world, scale back production at several other sites, and slash 6,000 total jobs in its ongoing restructuring effort to cut down on payroll expense. The job cuts are related to its $68 billion acquisition of rival Wyeth last year and part of an announced 19,000 job cuts to be enacted by 2015. Such expense reductions were expected at Pfizer, based in New York, as the company braces itself to lose its patent on cholesterol drug Lipitor, which accounted for more than $11...

Providence Sacred Heart Medical Center’s chief executive charged Rockwood Clinic’s leaders with bad-faith dealings and ethical lapses the day after Rockwood stunned Spokane’s medical community by announcing it would align with Sacred Heart’s main rival.

The mini losing streak is officially over. After three straight days of losses, all three indices fired back yesterday. Each was up between 1 and 2%. The Dow gained gained 124 points and finished at 9789. The S&P 500 gained 18.60 and finished at 1062. Finally, the NASDAQ gained 39.82 and finished at 2130.74. All three are now near highs for the year again. September is looking to be a very strong month despite the "conventional wisdom" at the beginning of the month.

In a step that could accelerate a shakeout of the nation’s banks, the Treasury Department hopes to spur a new round of mergers by steering some of the money in its $250 billion rescue package to banks that are willing to buy weaker rivals, according to government officials. As the Treasury embarks on its unprecedented recapitalization, it is becoming clear that the government wants not only to stabilize the industry, but also to reshape it. Two senior officials said the selection criteria would include banks that need more capital to finance acquisitions. “Treasury doesn’t want to prop up weak banks,”...

A chuckle a day... For all of you with any money left, be aware of the next expected mergers so that you can get in on the ground floor and make some BIG bucks. Watch for these consolidations in 2008: 1.) Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W R. Grace Co. Will merge and become: Hale, Mary, Fuller, Grace. 2.) PolygramRecords, Warner Bros., and ZestaCrackers join forces and become: Poly, Warner Cracker. 3.) 3M will merge with Goodyear and become: MMMGood. 4. ZippoManufacturing, AudiMotors, Dofasco, and Dakota Mining will merge and become: ZipAudiDoDa . 5. FedEx...

The US brewer Anheuser-Busch has agreed to be taken over by Belgium-based InBev, in a move that will create the world's largest beer maker. The $50bn (£25bn) takeover bid by InBev, which makes Stella Artois beer, was accepted by Anheuser's board. The combined company will now be called Anheuser-Busch InBev. Anheuser makes Budweiser - the most popular beer in the US - and some US politicians had expressed anger at the prospect of a foreign takeover. 'Unrivalled brands' In a concession to political concerns about the deal, Budweiser's headquarters will remain in St Louis, Missouri while none of Anheuser's US...

CHICAGO (AP) — Snickers and M&Ms candy maker Mars Inc. is buying Wm. Wrigley Jr. Co., which makes Juicy Fruit and Doublemint gum and Life Savers, for about $23 billion in cash.

Firms under scrutiny regarding certain bidding practices Antitrust and securities regulators are considering charges against a handful of large banks, bond insurers and some of their employees as part of an investigation into certain municipal-bond investments. Bank of America, UBS AG and bond insurer Financial Security Assurance Holdings Ltd. last month received notices from the Securities and Exchange Commission indicating civil enforcement action may be taken against them for potentially violating federal securities laws about bidding practices on contracts that manage municipal funds. The "Wells notices" sent by the SEC, which the companies disclosed in regulatory filings, also give the...

New York’s senior U.S. Senator weighed in on the bidding war for Bausch & Lomb. Sen. Chuck Schumer sent a letter to B&L board members that advocated for the bid by Warburg Pincus. Schumer believes the potential buyer's purchase of B&L would keep the company and its 1,400 local workers in Rochester. B&L accepted Warburg Pincus' bid of $65 a share, but also is sizing up an offer from industry rival Advanced Medical Optics of $75 a share.