John Paul DeJoria: The Deal Behind Patrón's $5.1B Sale

Bacardi Limited announced it would acquire Patrón Spirits International AG for $5.1 billion. Patrón cofounder John Paul DeJoria explains why selling his 70 percent stake in the company was an easy decision to make and discusses how the deal went down.

Mar 6th, 2018

eBook: Secrets of Rock Star CFOs

eBook: Secrets of Rock Star CFOs

Secrets of Rockstar CFOs is a new ebook based upon conversations with dozens of elite CFOs, from Silicon Valley startups to Fortune 500 multinationals.

This undated photo provided by U.S. Immigration and Customs Enforcement (ICE) shows Indonesian citizen Rudy Kurniawan. Kurniawan, who bilked wine collectors out of millions by selling cheaper hooch he relabeled in his kitchen has been deported to his native Indonesia. U.S. immigration officials say Kurniawan was deported last week from Dallas/Fort Worth International Airport to Tangerang City.

'Sour Grapes' Wine Fraud Con Man Deported

He bilked wine collectors out of millions by selling cheaper booze he rebottled in his kitchen.

In this November 2018, photo, then Toshiba Corp., Chairman and CEO Nobuaki Kurumatani gets out of a seat after a press conference in Tokyo. Kurumatani stepped down Wednesday, April 14, 2021, a week after the Japanese technology and manufacturing conglomerate said it was studying an acquisition proposal from a global fund where he previously worked. Kurumatani tendered his resignation at a board meeting, and the board accepted, effective Wednesday, Tokyo-based Toshiba said in a statement.

Toshiba President Steps Down Amid Acquisition Talks

A proposed deal is estimated to be worth $18 billion and would turn Toshiba private.

President Joe Biden participates virtually in the CEO Summit on Semiconductor and Supply Chain Resilience in the Roosevelt Room of the White House, Monday, April 12, 2021, in Washington. Seated with Biden are Daleep Singh, Deputy National Security Adviser and Deputy Director of the National Economic Council, clockwise from bottom left, National Economic Council Director Brian Deese, National Security Adviser Jake Sullivan and Commerce Secretary Gina Raimondo.

Biden: US Needs to Invest, Lead in Computer Chips

He said the country hasn’t made big investments to stay ahead of global competitors, and it needs to step up its game.

Tyson 5a7dbcb0d374b

Tyson Foods Opens $425M Poultry Plant in Tennessee

The $425 million investment in Humboldt, TN includes a processing plant, feed mill and hatchery.

In his Dec. 18, 2020, file photo a runner passes the office of the California Employment Development Department in Sacramento, Calif. California lawmakers on Thursday, April 8, 2021, advanced what they called commonsense legislation requiring two state agencies to share information aimed at helping stop billions of dollars in pandemic-related unemployment fraud.

Three More Charged in Massive Unemployment Fraud

California auditors said at least $810 million in the names of roughly 45,000 inmates had been approved.

America is Running Out of Ketchup Packets

Food retail establishments large and small are scrambling to supply the condiment.

A hiring sign is seen outside home improvement store in Mount Prospect, Ill., Friday, April 2, 2021. The pace of job openings reached the highest level on record in February, a harbinger of healthy hiring and a hopeful sign for those looking for work.

US Jobless Claims Up to 744K

The Labor Department said applications increased by 16,000 from a week earlier.

President Joe Biden during an event in the South Court Auditorium on the White House campus, April 7, 2021.

Biden Open to Compromise on Infrastructure, but Not Inaction

The president suggested America's position in the world required aggressive action to serve a computerized age.

Feds: Walmart Worker Stole $124K in Gift Cards

The scam took place over a four-month period.

6 Ways to Troubleshoot With Thermal Imaging

A closer look at the focal points of electrical systems.

Huntsville, Ala.

Alabama Companies Win Multi-Year Military Contracts

The two Huntsville companies secured deals worth $888 million.