Friday 16 November 2018

Tired of house calls, Alli Webb built a Drybar styling empire

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Tired of house calls, Alli Webb built a Drybar styling empire

A decade ago, Alli Webb was a hair stylist who made house calls, driving all over Los Angeles to shampoo, style, and blow-dry clients' hair before big nights out.

Goldman CEO 'personally outraged' by Malaysia's 1MDB corruption scandal

Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is "personally outraged" that any of the bank's officials would take the actions laid out in U.S. government charges of fraud involving Malaysia's state controlled investment bank, 1MDB.

Wells Fargo plans 1,000 U.S. job cuts

Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions and Innovations groups of plans to eliminate their positions.

DoubleLine Capital LP warns on U.S. investment-grade bonds

DoubleLine Capital LP portfolio manager Monica Erickson has a problem. She thinks the investment-grade corporate bond market, which is her specialty, is the worst place to be for bond investors.

U.S. big investors' best investment ideas for 2019

The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this week at the Reuters Global Investment 2019 Outlook Summit in New York.

Third Point gains ISS, Glass Lewis support in Campbell proxy fight

Shareholder advisory firms Institutional Shareholder Services and Glass Lewis backed a push by Daniel Loeb's hedge fund to make changes at Campbell Soup Co , including replacing some board members.

How U.S. seniors on Medicare can bridge the gap in dental insurance

During a recent visit to my dentist, we got talking about his frustrations with Medicare. "It's amazing - they have managed to eliminate teeth from the human body."

PG&E rout may be hitting hedge funds after raised bets before fire

Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp's tumbling share price after raising bets on the utility in the months ahead of the Camp Fire, California's deadliest wildfire.

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