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MILAN, Oct 8 (Reuters)Eyewear tycoon Leonardo Del Vecchio said on Thursday he is ready to support ambitious plans for Mediobanca MDBI.MI after raising his stake in Italy’s top investment bank to just above 10%, according to an interview with daily Il Messaggero.

Del Vecchio, the 85-year-old founder of spectacles maker Luxottica, last year emerged as the largest shareholder in Mediobanca, sending shockwaves through Italy’s financial world.

“Delfin from today is the major shareholder and is determined to remain so for a long time, ready to support the growth of the bank and to support plans that I hope will be ambitious”, Del Vecchio told Il Messaggero.

Last year Del Vecchio criticised Mediobanca’s strategy saying it relied too heavily on consumer finance and income from the bank’s 13% stake in Italian insurer Generali GASI.MI.

However, he later backed a business plan presented by the

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Law360 (September 21, 2020, 9:17 PM EDT) — A group of labor unions on Friday appealed biopharmaceutical firm Akorn Inc.’s Delaware Chapter 11 confirmation, arguing the debtors failed to properly evaluate a Chapter 7 liquidation and measures that could potentially lead to monetary recovery for them.

The unions — which include units of 1100SEIU, AFSCME District Council 47, and Sergeants Benevolent Association — are challenging the order confirming Akorn’s Chapter 11 plan signed earlier this month by U.S. Bankruptcy Judge Karen B. Owens. They also ask that the order be stayed pending the appeal.

The unions, which were also plaintiffs in multidistrict litigation asserting antitrust claims against Akorn, argue…

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In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the

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Bringing order to the issues and advancement patterns of small businesses in a precise way that is useful to businesspeople is often, from the beginning, a hopeless task.  Independent endeavors vary in size and breaking point concerning improvement, just as they are depicted by the opportunity of movement, differentiating various leveled structures and changed organization styles.  Michael del Vecchio, a seasoned business veteran who has authored numerous strategy papers while leading companies in Panama, Malta, the US and more, gives insight into the different phases of small business expansion to help entrepreneurs grow their operations.  

It is clear that businesspeople experience standard issues rising at similar stages in their development. These issues can be created into a framework that manufactures a perception of the nature, characteristics and issues of associations reaching out from a small cleaning establishment with a low-salaried workforce, to a $20-million-a-year conglomerate experiencing a 40% yearly rate

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Sex trafficking victim
An officer talks with a sex trafficking victim. Courtesy FBI

By Tom York

Del Mar-based nonprofit Humans Against Trafficking is about to launch a new piece of mobile software on Apple’s App Store aimed at helping parents better monitor and protect kids from predators on the wildly popular social media platform Instagram.

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Roger Martin, a retired Qualcomm attorney now president and CEO of the 4-year-old agency, said the app, named Radlee after one of the pivotal young characters in the classic novel “To Kill a Mockingbird,” uses artificial intelligence, or AI, to analyze kids’ Instagram profiles and detect those users who might be vulnerable to recruiters. It’s an important advancement in online protection providers to parents.

According to the nonprofit’s website, trafficking is now an eye-popping $150 billion industry, and growing rapidly, especially involving social

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Despite the Weeknd’s major label debut Kiss Land coming out seven years ago, it topped iTunes’ R&B chart for the first time this week. To celebrate the unexpected achievement, Abel Tesfaye decided to feature “a collection of records that inspired the universe and a few songs and ideas that didn’t make the album” during the latest episode of his Memento Mori radio show Friday night.

He played a number of unreleased tracks and outtakes as a “special thank you episode to the fans for showing so much love to kiss land this week,” and threw in a few other surprises, including a remix of Lana Del Rey’s Ultraviolence track “Money Power Glory.” Though the song was never properly released, the singers would go on to collaborate on Del Rey’s “Lust For Life” in 2017.

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