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American Apparel founder Dov Charney says he's broke and can't afford lawyer

2015-11-06 04:54:45| Apparel - Topix.net

Dov Charney built a worldwide empire of 280 clothing stores, personifying the racy, risk-taking aesthetics of his business, but investors became skittish over his controversial persona. Ex-American Apparel boss Dov Charney lives in a Los Angeles mansion with eight bedrooms, but says he can't scrape together enough cash to keep paying a lawyer.

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FedEx founder talks drones, driverless trucks at conference

2015-11-06 03:28:54| Air Courier - Topix.net

But autopilot systems for trucks could make highways safer and help solve a truck driver shortage by making the job less stressful, Smith said. The chairman, president and chief executive of Memphis-based FedEx Corp. held forth on topics ranging from the global economy to the continued strength of e-commerce.

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Avery Filter Mourns Loss Of Founder

2015-11-05 15:13:00| Chemical Processing

Larry Avery, Filtration Engineer, 1921 - 2015

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Brad-Pak Mourns Founder \n

2015-11-02 06:00:00| Happi Breaking News

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Iliad founder Niel buys 11% stake in Telecom Italia

2015-10-29 15:29:00| Telecompaper Headlines

(Telecompaper) French billionaire Xavier Niel, founder of internet provider Iliad, has acquired the equivalent of an 11.2 percent voting stake in Telecom Italia, according to a filing with Italian markets regulator Consob. The development comes just a few days after French media conglomerate Vivendi, led by fellow billionaire Vincent Bollore, boosted its stake in Telecom Italia to just over 20 percent of the company's ordinary shares. Niel acquired a stake of around 6 percent via a personal investment company and an additional 5 percent through derivatives, according to unnamed sources cited by Bloomberg. Iliad is the parent company of French mobile operator Free, which has transformed the local telecoms sector since launching in 2012 with a low-tariff policy that has led to a 40 percent fall in prices. Niel has also invested in mobile operations in Switzerland (Orange) and Monaco (Monaco Telecom) in recent years. 

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