Headline Rollup for July 27, 2017

Lawsuit alleges Lexmark misled investors and cost shareholders millions

Lexmark “made false and misleading statements” about demand, inventory and growth prospects for its supplies business in 2014-15 that cost shareholders more than half a billion dollars, according to a class-action lawsuit filed July 20 in United States District Court for the southern district of New York.


 

Scandal-plagued Fuji Xerox suspends sales to NZ government

Fuji Xerox New Zealand (FXNZ) has decided to temporarily suspend new sales and marketing activities to government agencies covered by its three all-of-government (AoG) contracts.


Millennials Love Mail . . . But Why?

Why do Millennials like direct mail? And do they respond more to direct mail than other generations? These are important questions because, as of 2015, Millennials have become the largest demographic in the workforce, with very specific attitudes and needs. To craft mailings that work for this generation, we have to understand what motivates them differently than other generations. We don’t often see those questions addressed.


Biz Break: Could Meg Whitman be headed to Uber?

Wanted, A Grown Up: Well, if anyone ever wanted an executive challenge, there hasn’t been one in years like the one at Uber, which is looking for a new chief executive. And the job pretty much checks off all the boxes anyone might want if they are searching for a gig that will test all of their professional faculties.


Canon Inc expects $10 billion sales from Asian markets by 2020

Japanese imaging and optical products major Canon Inc is eyeing a jump in sales to $10 billion from Asian markets, including China and India, by 2020. “We are looking at $10 billion sales by 2020 from the Asia group,” Canon Inc Executive Vice President Hideki Ozawa told PTI.


Meg Whitman steps down from HP’s board

Meg Whitman is stepping down from HP Inc.’s board, where she was chairman, the company announced Wednesday. Chip Bergh, CEO of Levi Strauss, will be taking her place.


Science proves it: Money really can buy happiness

They say money can’t buy happiness, but science begs to differ.

An international research team has demonstrated that you really can make yourself happier by paying other people to do your time-consuming chores.

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