Daily Management Review
Business & Finance

Lehman Trader Still fighting for his $83 Million Bonus 7 years after the Bank Failed

A little-known bond trader was on a hot streak before Lehman Brothers collapsed, pulling the trigger on the global financial crisis. More than $700 million in profits was given to the bank in a period of two years by Jonathan Hoffman.   He was then looking at a bonus of $83 million. Even by...

$130 billion Chemical Giant to be Created by Dow and DuPont Merger

In a win for activist investors that could spark further consolidation in the farm chemicals industry, chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion.   The ultimate aim of the two companies is to eventual split-up...

Ford To Invest $ 4.5 Billion in Electric Cars

Fall in demand for electric cars and hybrid cars has not frightened the American Ford. The company is willing to spend $ 4.5 billion on development in this area. In the next four years, the carmaker is going to develop 13 new models and try to prove their benefits to consumers. Other producers have...

TruStar Energy Builds The Largest CNG ‘Feuling Station’ In Less Than Six Months

Within a period of less than six months, TruStar Energy delivers the largest and “private” CNG feuling station for FCA fleet. Auburn Hills – 08 December 2015 – The Company of TruStar Energy is one of the leading “Compressed Natural Gas” developers for “fueling stations” all over the country. On the...

Export of Tar Sands to Europe to Rise Alarmingly: Reports

Environmentalists have claimed of an alarming rise in highly polluting tar sands imports due to a surge in US exports of crude oil to Europe this year.   Since April 2014, US has been re-exporting Canadian crude to EU countries such as Italy, Spain and the Netherlands as strict laws prevent...

Food Poisoning Threatens Fast Food Chain Chipotle’s Reputation

A series of food poisonings and other challenges are threatening is threatening the darling of the fast-food world – Chipotle.   The challenge for Chipotle is to cater to the demand of a generation of diners wanting inexpensive food that is safe, natural and nutritious.   Chipotle...

Crude Price Slump Results in Zombies Appearing in US Oilfield

As oil prices lurch further away from levels that allow them to profitably drill new wells and bring in enough cash to keep them in business, U.S. shale oil companies are merely hanging on for life since they are drained by a 17-month crude rout.   Companies that have just enough money to...

Internal Investigations Reveal Only Small Group Responsible for Emissions Scandal at Volkswagen

Volkswagen claimed that no high ranking official of the company – including the board members, were responsible for cheating U.S. diesel emissions tests.   The German car manufacturer said this on Thursday stating that only a small group of employees were responsible for the incident that...

Bitcoin's Creator is Traced in Australia

Last night the police raided the Sydney home of Craig Wright, who was called the creator of the famous cryptocurrency Bitcoin by some specialized media before. Authorities say the searches are not relevant to the messages, but rather associated with Australian tax authorities’ own investigation....

The Agreement Between Borealis And Coorg Service Management Extends By Two more Years

Coor to continue collaborate with Borealis through various service and delivery related facilities for the coming two years. Sweden – 07 December 2015 – The agreement between the “Coor Service Management” and Borealis has been extended through the integrated delivery “support services”. As per...
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