Industry News

Goldman Sachs Group Inc. got turned down by an investment manager of a university endowment fund who came very close to making an investment but eventually balked. The endowment fund chose a lesser- known rival over Everstone, the investment management firm Sain founded with his former Goldman Sachs colleague..."/>
The building of Everstone Capital [Mint, New Delhi]
Boeing Co.' s agreement to build 80 passenger planes for Iran should spur the state to block tax credits for the firm is among various issues in the down-ballot Nov. 8 election contest. Schmitt, a state senator from Glendale,..."/>
Iran-Boeing passenger plane deal plays a role in Missouri state treasurer's race [St. Louis Post-Dispatch]
HSBC Holdings Plc as the lead manager and is in talks with more investment banks, one of the three people said."/>
ReNew Power plans to raise $500 million via offshore bonds [Mint, New Delhi]
Mint, New Delhi, R. Sukumar column [Mint, New Delhi]
Tesco last week, but the car industry has been quietly adding hundreds of pounds to the list price of new vehicles for British drivers. Major car makers have been hiking prices in recent months and there are fears further rises could follow. Even British manufacturer Vauxhall has raised its prices."/>
Inflation rears its head as pound falls further than worst predictions [Financial Mail on Sunday, London]
M and A Navigator: Deal pipeline 17 October
USA Truck, a capacity solutions provider headquartered in Van Buren, is boosting pay for independent contractors. The carrier's Independent Contractor Compensation Program provides an improved mileage rate program for all new independent contractors, a news release states. Effective Oct. 1, rates were revised to $1.02 to $1.35 per mile, depending on length of haul."/>
Business Brief: USA Truck ups pay for independent contractors [Times Record, Fort Smith, Ark.]
ArcBest company, has been recognized as a Top 100 Motor Freight Carrier by Inbound Logistics magazine, whose September issue features a list of 100 trucking leaders that offer the diverse operational capabilities and experience to meet its readers' unique supply chain and logistics needs. "Inbound Logistics provides the Top 100 Trucker list as a service to its readers, and we are proud that ABF Freight was once again selected by the editorial team," said ABF..."/>
Business Brief: ABF Freight named Top 100 Motor Freight Carrier [Times Record, Fort Smith, Ark.]

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