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French Baby Milk Danone, Dumex in Hot Seat, Accused of Bribery in China

2013-09-18 07:29:37| Food - Topix.net

Dumex, an infants' and children's nutrition company that is a subsidiary of French food-products multinational corporation Groupe Danone, is currently in the hot seat in Central Television on Monday reported that the company allegedly bribed hospital personnel so that its milk powder will be given preference to newborn babies.

Tags: china baby hot french

 

Steelcase CEO Jim Hackett's views on sustainability led to board seat at Ford Motor Co.

2013-09-14 13:10:02| Furniture - Topix.net

When Ford Motor Co. appointed Jim Hackett, CEO of Steelcase Inc., to its board of directors, it drew on a friendship Hackett formed with Executive Chairman Bill Ford in the late 1990s, according to an Automotive News article published Friday, Sept.

Tags: co board views led

 
 

Telstra in box seat

2013-09-13 06:27:29| Telecom - Topix.net

The mother lode of rich dividends has made Telstra a retail investor darling. Even some institutions belatedly realised what a bargain the telco giant had become once it was rid of its previous management.

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'One Seat Ride' Into NYC Presentation This Wednesday in Westfield

2013-09-08 21:36:44| Railroads - Topix.net

Many riders of the NJ Transit's Raritan Valley Line are anxiously waiting a direct train to Penn Station, New York as NJ Transit looks to launch dual-powered locomotives on the line.

Tags: wednesday presentation seat ride

 

Microsoft offers board seat to shareholder ValueAct

2013-09-02 09:10:00| Telecompaper Headlines

(Telecompaper) Microsoft has agreed to cooperate with its shareholder ValueAct, offering the investor a seat on the company's board. The San Francisco-based investment firm owns 0.8 percent of Microsoft's shares, making it one of the company's largest shareholders. The cooperation agreement provides for regular meetings between Mason Morfit, president of ValueAct Capital, and Microsoft directors and management to discuss a range of business issues. The agreement also gives ValueAct Capital the option of having Morfit join the Microsoft board of directors beginning at the first quarterly board meeting after the 2013 annual shareholders meeting. In exchange, ValueAct has agreed to not increase its stake in the company above an agreed level, nor mount a proxy battle to try and gain control of the company's board. The agreement comes ahead of the annual shareholders meeting in October.

Tags: board offers microsoft seat

 

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