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DealBook P.M. Edition on January 29, 2016: Top Story Xerox, In Deal With Carl Icahn, to Split Company in Two.

 
Friday, January 29, 2016
TOP STORY
 
Xerox, in Deal With Carl Icahn, to Split Company in Two In an agreement with Mr. Icahn, the activist investor, Xerox said it would spin off its services business by the end of the year.

  • NYT » | Breakingviews: Xerox Chief Removed Ego From Decision to Split Company
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    DEALBOOK HIGHLIGHTS
    A worker at a Goya Foods warehouse in Jersey City. Big increases in goods at warehouses bolstered growth in the middle of 2015.
    U.S. Economy Barely Grew Last Quarter, Stoking Concerns About Momentum in 2016 The economy is facing headwinds like turmoil in global markets, but the job and housing markets remain strong.
    A stock market indicator board in Tokyo. The bank said that setting the rate at minus 0.1 percent was needed to help stimulate the economy in the middle of global economic turbulence.
    Bank of Japan, in a Surprise, Adopts Negative Interest Rate The central bank will charge commercial depositors to hold money in its vaults - a move meant to stimulate the economy amid global market turmoil.
    Book Entry: Creating Originality at Home and at Work The primary preoccupation in "Originals: How Non-Conformists Move the World" by Adam Grant is to provide practical tools to "unleash" the hidden creativity in all of us.
    Barclays Hires JPMorgan Chase Veteran as Chief Risk Officer C.S. Venkatakrishnan, the head of operational risk at JPMorgan, would join the British bank as its chief risk officer in May.
    Another View: Why Good Governance Stock Index Lacks Expert Judgment A new Standard & Poor's stock index seeks to track the best-run companies, but these companies cannot be identified with quantitative models and checklists.
    Bank of England to Require More Buffers for Britain's Biggest Banks The bigger capital cushion, meant to provide more protection against risk, would apply to British banks with more than $250 billion in total assets.
    For the latest updates, go to NYTimes.com/DealBook
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