Transparency in the rules governing dark pools needs to be improved, said Nasdaq CEO Bob Greifeld. "The customers don't know who's in the dark pool. ... They don't know what the rules of engagement are," Greifeld said.
To give a good presentation, you need to focus on the content as well as the delivery, writes Stephanie Scotti. She recommends staying mindful of who the listeners are and writing the opener last. "Here's the most surprising part: When you know your content is spot-on, you'll be able to deliver with more confidence, connect with your listeners and achieve results," she writes.
A new analysis by researchers at the College Board and the University of Michigan shows a wide variation in academic preparation among students at two-year schools that could contribute to a gap in graduation rates compared to 4-year schools. After comparing PSAT scores of two-year students, researchers found that "four-year colleges have graduation rates about 25 percentage points higher than two-year colleges whose students have the same average PSAT."
Harvey Pitt, Christopher Cox and Mary Schapiro, all former heads of the Securities and Exchange Commission, said at an industry conference that the SEC should write and enact a fiduciary rule putting clients' interest first. "It doesn't matter what you are called; it matters what you do," said Pitt, chairman from 2001 to 2003. "If people are giving advice, they should be held to the same standards."
Several Associated Food Stores have partnered with Robinson Fresh to launch a produce program that offers a discount variety of "ugly" seasonal fruits and vegetables. The Misfit program aims to raise awareness and encourage the reduction of food waste, and offers a treasure hunt experience for customers, the companies said.
People may need to do moderate exercise for two to four times the recommended 150-minute per week minimum to significantly lower their risk of heart failure, according to researchers who analyzed 12 studies that tracked 370,000 people for an average of 15 years. The study in the journal Circulation linked exercising two times the recommended minimum level to a 20% lower risk of heart failure and four times the minimum to a 35% reduced risk.
Refinery29 launched in 2005 as an exclusive guide to New York City boutiques. "We had a smaller mission to build an independent platform. Then we realized that people have interests broader than just style, so we expanded into health, living, the home, and increasingly, culture and news," said co-founder and co-CEO Philippe von Borries.
Skyworks Solutions will acquire PMC-Sierra for $2 billion in cash, adding chips for data storage and networking to its product portfolio; the transaction is scheduled to close in the first half of 2016. "With our acquisition of PMC, Skyworks will be uniquely positioned to capitalize on the explosive demand for high-performance solutions that seamlessly connect, transport and store Big Data," said David Aldrich, Skyworks chairman and CEO.
Chile has created a vast marine park around the Desventuradas Islands, a few hundred miles off its coast, to protect many species that can be found nowhere else in the world. "For many years, Chile has been one of the most important fishing countries in the world," said campaigner Alex Munoz. With the marine park's creation, he added, "we're also becoming a leader in marine conservation."
HTC's smartphone woes continued in its latest earnings report, as the Taiwanese vendor's revenues dropped by nearly half compared with the same period in 2014. The company reported a net loss of about $138 million in the quarter after posting a slim profit a year ago. By some estimates, HTC's global market share has dropped to about 2% after disappointing sales from its latest flagship phone, the One M9.
Rolls Royce plans to invest nearly $600 million to renovate and upgrade its manufacturing facility in Indianapolis. Work on the project has already started and will take about five years. State and city incentives worth $35 million will cover part of the cost.
The world needs effective carbon pricing, says Royal Dutch Shell CEO Ben van Beurden, who was to address oil and gas industry executives today at the Oil & Money conference in London. Pricing would spur innovation and help encourage the use of natural gas and renewables rather than dirtier coal-fired energy. "Gas is a fossil fuel, yes, but a crucial one for the building of a low-carbon future," van Beurden said.
American Airlines took out a color border ad on the front page of the Los Angeles Times on Monday. "The team was really looking for something bold to share with Los Angeles," spokeswoman Laura Nedbal said. American also plans to advertise in Chicago and New York.
William Hornbuckle, president of MGM Resorts International, said the Las Vegas-based company is committed to building a resort casino in Springfield, Mass. "We have poured a quarter of a billion dollars into this effort," Hornbuckle said of the $800 million project during a press conference. "We have not gone anywhere, we will not go anywhere and we will be here to the end of this."