In answer to the question my colleague Nikki Sein posed, “Can things get worse for the cruise ship industry?” If Costa Cruises’ most recent debacle is any indication, the answer […]
North Carolina’s M&F Bancorp has named James Sills as the new president and CEO of the company and its wholly owned subsidiary, M&F Bank, in hopes his experience with banking and technology can enhance and improve the bank’s online capabilities. Since 2009 Sills has served as secretary of the Department of Technology and CIO for the State of Delaware. Prior to his service in that cabinet position, he held executive positions with First Tuskegee Bank, Memphis First Community Bank (now Landmark Bank), and MBNA America Bank (now Bank of America). Sills succeeds Kim Saunders, who served as president and CEO for the last seven years.
August 25, 2014
In an update last week, D&B Editor Lynett Oliver wrote about Mobileye, an Israeli developer of advanced driver-assistance systems that raised some $890 million in an initial public offering. The company, which made its first profit in fiscal year 2013 (about $20 million), provides software and cameras that aid drivers in avoiding collisions, staying in their own lanes (thank you very much), and navigating traffic jams. Mobileye’s clients include Ford, GM, Honda, and other major OEMs. It plans to use its portion of the IPO proceeds to purchase inventory, including its proprietary EyeQ system-on-a-chip units. Follow Lynett on Twitter.
August 25, 2014
Demand for creative professionals, including graphic designers, continues to increase in the US. The number of advertising and marketing executives adding new creative positions increased 12 percent in 2014 compared to 2013, according to survey research by The Creative Group. Professionals with experience in graphic design, particularly mobile and website design, are in the highest demand. After several years of flat to minimal job growth, US industry employment rose 2.5 percent in 2013 compared to the previous year. See our Graphic Design Services profile for more trends.