Icahn buys into Xerox may join board candidate
Carl Icahn reveals a 7.1 percent Xerox stake and argues shares are undervalued. He could become Xerox’s second largest holder and a potential board candidate as the stock slips about 1.3 percent to $10.61.
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XEROX
Carl Icahn
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Apple
Quit Your Day Job Slowdown Bends Labor Market Drives
Economists note fewer quits as workers hold jobs amid cautious hiring. Pay gains rose to 2.5 percent in October, but whether this signals a trend is unclear. Households under water still constrain mobility, with about 13 percent owing more on mortgages than home values. Baby Boomers aging into retirement shrink the pool of leavers while firms seek skills, training, and career paths as candidates become choosier. An example shows Denver web designer Andy Garcia switching roles for growth despite pay dips.
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Labor Department
UBS
Samuel Coffin
Mark Zandi
Moody’s Analytics
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Paul McDonald
Robert Hall
Andy Garcia
Denver
Consumers OK with self driving car combo
World Economic Forum and Boston Consulting Group surveyed nearly 6,000 people across 10 countries about self driving cars. The study shows 46 percent prefer a traditional automaker, with 69 percent of those favoring auto tech joint ventures. US trust in OEMs sits at 32 percent, while India leads emerging markets with 85 percent interest.
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Apple
Tim Cook
World Economic Forum
Boston Consulting Group
Google
Nikolaus Lang
BCG
Tesla
India
China
Japan
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