Executives Resign From Tesla

Gaby Toledano, Tesla’s HR head, has stated that she will not be returning to Tesla following a leave of absence. Toledano began working as the head of HR for Tesla just over a year ago. Her news follows the resignation of the company’s chief accounting officer, Dave Morton, earlier this week. Sarah O’Brien, Tesla’s vice president […]
  • September 7, 2018

Executives Resign From Tesla

Gaby Toledano, Tesla’s HR head, has stated that she will not be returning to Tesla following a leave of absence. Toledano began working as the head of HR for Tesla just over a year ago. Her news follows the resignation of the company’s chief accounting officer, Dave Morton, earlier this week. Sarah O’Brien, Tesla’s vice president […]
  • September 7, 2018

Phillip Frost Charged By SEC For Market Scheme

The Securities and Exchange Commission (SEC) charged Billionaire Phillip Frost with participating in a classic pump-and-dump scheme. The Miami resident and founder of the Phillip and Patricia Frost Museum of Science made his billions through his large pharmaceutical company OPKO Health. The charge suggests that Frost and 9 other investors participated in the scheme from […]
  • September 9, 2018

Phillip Frost Charged By SEC For Market Scheme

The Securities and Exchange Commission (SEC) charged Billionaire Phillip Frost with participating in a classic pump-and-dump scheme. The Miami resident and founder of the Phillip and Patricia Frost Museum of Science made his billions through his large pharmaceutical company OPKO Health. The charge suggests that Frost and 9 other investors participated in the scheme from […]
  • September 9, 2018

Executives Resign From Tesla

Gaby Toledano, Tesla’s HR head, has stated that she will not be returning to Tesla following a leave of absence. Toledano began working as the head of HR for Tesla just over a year ago. Her news follows the resignation of the company’s chief accounting officer, Dave Morton, earlier this week. Sarah O’Brien, Tesla’s vice president […]
  • September 7, 2018

Head of USA Gymnastics, Kerry Perry, Has Been Fired

Kerry Perry recently left her position as the head of USA gymnastics after she was asked to resign. Perry was hired as the CEO and president of the national gymnastics team, despite her lack of experience with the sport. When she was hired, Perry stated that her main focus was “on creating an environment of […]
  • September 5, 2018

Disney-Fox wins court approval

The Justice Department approved Disney’s bid for Fox on Wednesday. Although the deal is not finalized yet, this is a big step for the companies to successfully merge. The acquisition still needs approval from a federal judge and Fox shareholders, but considering the ease of the AT&T-Warner acquisition and the anticipated payday for shareholders, neither […]
  • Ben Norman
  • June 28, 2018
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Food manufacturers ConAgra and Pinnacle Foods merge

More food manufacturers merge Two frozen food companies, ConAgra and Pinnacle Foods, merged on Wednesday, creating a massive frozen food giant. ConAgra purchased PF for $10.9 billion. ConAgra owns popular food brands like Orville Redenbacher’s and Chef Boyardee, and Pinnacle Foods owns Hungry-Man and Birds Eye, among others. The companies are the two major leaders […]
  • Ben Norman
  • June 28, 2018
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Facebook will discontinue drone project

Facebook steps back from drone project Facebook announced on Tuesday that it will no longer pursue the Aquila program, the internet-drone project it launched in 2014. The object of the drones was to send Internet down from the sky to anywhere in the globe. Facebook built and tested a droned successfully in 2015, but the […]
  • Ben Norman
  • June 28, 2018
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Trump Tweet Threatens Harley-Davidson

Harley-Davidson has reported that they will be moving production abroad due to Trump tariffs. President Trump did not hesitate to hit Twitter. Trump fired back via Twitter on Tuesday: “Early this year, Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand. That was long before Tariffs were announced. Hence, […]
  • Peter Boyer
  • June 28, 2018
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#PermitPatty Resigns as CEO of California Cannabis Company

Allison Ettel, dubbed as #PermitPatty on Twitter, has stepped down as CEO of a Cannabis Company in California. The social media villain became famous last Saturday when Erin Austin posted a video of Ettel calling the cops on her daughter Jordan for selling bottled water on a hot summer day. Jordan was raising money to […]
  • Peter Boyer
  • June 28, 2018
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Fox doesn’t want to sell to Comcast

Disney gains an edge over Comcast The bidding war for 21st Century Fox has ramped up between Disney and Comcast, with Disney holding the highest bid currently, but Fox has recently reported that it favors Disney far over Comcast. Comcast has the chance to rebut Disney’s offer, but Fox has reported that the deal will likely […]
  • Ben Norman
  • June 27, 2018
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India plastic ban hits McDonald’s and Starbucks

Plastic policy ramps up in India On Saturday, Maharashtra’s ban on single-use plastic items – including food containers, shopping bags, forks, knives, and straws – came into effect on Saturday. Maharashtra marks the 25th out of 29 states in India to adopt the plastic policy. However, the city may have a larger effect than the rest, […]
  • Ben Norman
  • June 27, 2018
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Uber hoping to appease London court

Uber victory in London In September, Transport for London did not renew Uber’s license to operate due to its inability to report background checks of its drivers. However, on Tuesday, the court decided to give them a 15-month operating license in the British city. Uber executives accepted the charges by the London court and were […]
  • Ben Norman
  • June 27, 2018
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Largest nail manufacturer nearing bankruptcy

Nail firm hammered by tariffs Mid-Continent Nail has struggled significantly ever since President Trump imposed a 25% tariff on aluminum and steel. Because of the tariff, the company had to hike up prices; consequently, nail sales have dropped 50%. Last week, Mid-Continent laid off 12% of its employees. According to the company, they will be […]
  • Ben Norman
  • June 27, 2018
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