Herman Miller buys remaining stake in Naughtone UK design firm
Herman Miller Inc. completed the purchase of the remaining shares of British furniture designer Naughtone for about 46.1 million dollars, expanding its ancillary and collaborative furniture offerings. Naughtone, based in Harrogate and founded in 2005, has grown under leaders Matt Welsh Kieron Bakewell and Mark Hammond and contributed to multiple product launches and design awards. The deal, aligned with Herman Miller’s growth strategy, follows an Oct. 8 agreement to acquire majority of Danish firm HAV.
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Zeeland
Herman Miller Inc
Naughtone
Herman Miller
HAV
Herman Miller Group
Andi Owen
Harrogate
North Yorkshire
Matt Welsh
Kieron Bakewell
Mark Hammond
North America
Telegraph
GM 3Q profit falls as auto strike cuts production
GM reports a 7 percent drop in third quarter net income to 2.35 billion dollars due to a 40 day strike by United Auto Workers. Revenue totaled 35.47 billion, beating estimates, while output losses hit four factories and 300,000 vehicles.
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Detroit
General Motors
United Auto Workers Union
U.S
Lordstown
Ohio
Warren
Michigan
Baltimore
Dhivya Suryadevara
Anger rises over Calif blackouts across region
Frustration grew in Northern California as PG E began another round of fire prevention outages affecting nearly 600,000 customers in 29 counties and risking five day or longer blackouts. Winds threaten new blazes while fires burn homes in Los Angeles and Sonoma County. Critics blame PG E for past deadly fires and bankruptcy, while residents rush to charge devices and stock up on ice.
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Santa Rosa
Calif
California
Los Angeles
Sonoma County
Pacific Gas & Electric Corp
Wen
Pg&e
Petaluma
Scotty Richardson
HBUD
Vindman testifies about Ukraine call and concerns
Army lieutenant colonel Alexander Vindman testifies that he twice raised concerns over President Trump's push for Ukraine to investigate Democrats and Joe Biden. He says he heard the July 25 call and reported questions to the NSC counsel, underscoring corroboration from other officials ahead of a House impeachment vote.
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Washington
White House
Donald Trump
National Security Council
Trump
Ukraine
Joe Biden
Alexander Vindman
Iraq
Volodymyr Zelenskiy
NSC
Vindman
Associated Press
U.S
Administration
Rep
Denny Heck
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