Pro wrestling boss Vince McMahon faces a new lawsuit by a former WWE employee who is one of a number of women who received payouts […]
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JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
The top JPMorgan executives involved in the changes are considered frontrunners to succeed Jamie Dimon as CEO.
Continue readingLevi Strauss plans to cut at least 10% of its global corporate workforce in restructuring
Levi’s announced the layoffs as the apparel retailer reported fourth-quarter earnings.
Continue readingParamount CEO announces layoffs as cost pressures, take-private talks build
Paramount Global announced layoffs, as the company tries to cut costs while it faces acquisition interest.
Continue readingProbe into GM’s Cruise finds poor leadership, culture issues at center of accident response
The report addresses controversy that has swirled around Cruise since an Oct. 2 accident in which a pedestrian was dragged 20 feet by a Cruise […]
Continue readingFailed JetBlue buyout leaves Spirit Airlines with a tough path ahead
Spirit, whose last profitable year was 2019, had challenges even before the ruling including grounded planes, softening demand and rising costs.
Continue readingThe weight loss drug market may soon get more crowded – here are the companies trying to enter the booming space
Wall Street has been focused on Novo Nordisk, Eli Lilly and other large drugmakers hoping to join the weight loss drug market, such as Pfizer, […]
Continue readingHoliday sales climb, boosting retailer hopes that shoppers will spend during uncertain 2024
Holiday spending was more in line with pre-pandemic levels but reflected the resilience of consumers heading into 2024.
Continue readingSpirit Airlines shares sink 20% in second day of losses after judge blocks JetBlue merger
It’s Spirit’s second day of double-digit losses after a judge blocked its proposed merger with JetBlue Airways.
Continue readingHomebuilder sentiment improves for second straight month, following drop in mortgage rates
Homebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index.
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