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Is Tesla Inc. the ultimate loser amidst the trade war?

  • Crystal Ng
  • 22 Days ago
  • 0
Trump Administration considers adding a 25% tariff on Chinese car imports. China retaliates with an equal 25% of 106 U.S. imported goods. Tesla Inc. is already paying 25% due to China’s tariff on car imports. China has been the most prominent trading partner of the United States for some time now. NBC News states that the trades […]

Equifax CEO Richard Smith steps down in aftermath of massive breach

  • William Van-Lear Black
  • 7 Months ago
  • 0
Equifax Chairman and CEO Richard Smith stepped down Tuesday in the wake of a massive cybersecurity breach that exposed the birth dates, social security numbers, and other personal information of 143 million Equifax customers, The New York Times reports. Paulino do Rego Barros Jr. will vacate his post as the company’s president of the Asia-Pacific […]

Lyft nearly triples its coverage across the U.S. 

  • William Van-Lear Black
  • 8 Months ago
  • 0
As Uber takes steps to recover from a string of allegations that called its corporate ethics into question, competing ride-share service Lyft is anxious to establish itself as a viable Uber rival, CNBC reports. Thursday, Lyft nearly tripled its coverage across the U.S., adding 160 cities—for a total of 350—and 32 states for a total […]

Major Uber shareholder sues former CEO Travis Kalanick

  • William Van-Lear Black
  • 9 Months ago
  • 0
Venture capital firm Benchmark, a prominent Uber investor, is suing the ride-hailing company’s founder and former CEO Travis Kalanick—who, under pressure from Benchmark and other shareholders, resigned as CEO in June amidst a number of scandals—to force him off of the board, Reuters reports via NBC News. The suit claims Kalanick “fraudulently obtained” power of […]

United CEO Says the Company can Learn and Grow from Dragging Incident

  • Sharnita Sanders
  • 1 year ago
  • 0
Despite all the constant fiasco that seem to plague United Airlines, the company’s top executive want to assure its investors that the airlines will continue to prosper while dealing with new changes brought about by recent events. One event was the forceful removal of a passenger that, thanks to social media, became a worldwide disaster. […]

United Passenger’s Actions Called ‘Immature?’

  • Sharnita Sanders
  • 1 year ago
  • 0
Things with United Airlines seemed to cool down after the airline kicked two young women off of its flight for wearing leggings. However, just this Sunday, the airline suffered another fiasco. It was Sunday evening that a video of a man being dragged off of a United flight began floating around social media. The man […]

J.C. Penney Fall in Sales Causes 140 Store Closures

  • Sharnita Sanders
  • 1 year ago
  • 0
J.C. Penney can be added to the list of retailers closing some of its stores. Many consumers have shifted their focus to online shopping which has lowered the number of sales in many brick and mortar stores. Recently, however, the 114-year-old retail veteran company says that about 140 of its 1,000 stores will be closing […]

Sony Says Its Not Selling Its Picture Business

  • Sharnita Sanders
  • 1 year ago
  • 0
Despite the rumors surrounding Sony, the company announced on Thursday that it was not selling its picture business. The company struggled through a $1 billion writedown that was caused by the low demand for movies on disc. This ended up having Sony cut at least 11 percent of Sony’s yearly profit that estimated around 240 […]

Trump Claims Victory Over Sprint’s 5,000 New Jobs

  • Sharnita Sanders
  • 1 year ago
  • 0
Sprint says it will “create or bring back” nearly 5,000 customer care and sales jobs for Americans. Another company called OneWeb also plans to create around 3,000 jobs for Americans. President-elect Donald Trump claims to take credit for both announcements. SoftBank, a Japanese company that owns controlling stake in Sprint and has large investments in […]

Will $200 Million be Enough to Keep Sears in Business?

  • Sharnita Sanders
  • 1 year ago
  • 0
At the busiest time of the year for all retailers when cash intake is at its peak, Sears Holdings announced that it will obtain a loan from CEO Eddie Lampert in order to keep the company above water. Thursday Sears said they received a $200 million loan that has the potential to be expanded to […]

Starbucks CEO Steps Down

  • Sharnita Sanders
  • 1 year ago
  • 0
CEO of Starbucks Howard Schultz is stepping down and handing the reigns over to current Chief Operating Officer Kevin Johnson. Johnson has been with the company seven years before joining the executive board about two years ago. Schultz has been with Starbucks for over twenty years and is accredited with bringing the company to new […]

Wells Fargo CEO Forfeits Majority of 2016 Salary and $41 Million in Stocks

  • Staff Contributor
  • 2 Years ago
  • 0
Wells Fargo has been getting a lot of attention lately for the recent seemingly neverending issues with their practices. As the company faces some serious criminal allegations, some employees of the company have been taking some measures to rectify things. According to CNN, the CEO of Wells Fargo is giving up $41 million dollars in […]

It’s Time for Women’s Empowerment!

  • Sabrina Ford
  • 3 Years ago
  • 0
Empowerment is not only a word that needs to be a part of education, but it also needs to be on mentioned in the War on Sexism. I heard a  man once say to a woman,” You are one of those…” because she spread the word of empowerment to others. I could not believe what […]

Founder of GoPro Becomes the Highest Paid CEO in America

  • Priscilla Manzo​
  • 3 Years ago
  • 0
Woodman, 39, has officially been determined the highest paid CEO in America with his product making him $284.5 million in stocks at the end of 2014. Though he may not have received all the money quite yet since it is given to him in monthly payments through a couple years he is still ranked at number 1 […]

New Bloomingdale’s CEO, Tony Spring, Outlines Future Plans

  • Jana Ruthberg
  • 4 Years ago
  • 0
Tony Spring, the new chairman and CEO of Bloomingdales appointed in February, sat down with Women’s Wear Daily to discuss his plans for helping the department store grow and flourish in the upcoming months and years. The hands-on CEO has worked with the store for 27 years, starting as a trainee, advancing as a home […]

Target Names Pepsi Executive Brian Cornell as New CEO

  • Megan Harrison
  • 4 Years ago
  • 0
Target Corp. has hired PepsiCo Inc. executive Brian Cornell as its new CEO. According to USA Today, this is the first time Target has hired outside of its corporate branch, and it is looking to bring in a fresh perspective following former CEO Gregg Steinhafel’s business difficulties. The new head honcho has come at the […]

Laura Geller Beauty Hires Industry Expert as New CEO

  • Megan Harrison
  • 4 Years ago
  • 0
Laura Geller Beauty announced this week that it has appointed Elana Drell Szyfer as the new CEO of the company. Elana has many years of expertise in the field with an impressive résumé that reaches to Estée Lauder, L’Oreal and Avon, according to Jewish Business News. She plans to continue on with the company’s revamp […]

Microsoft CEO Refines Company Priorities

  • Megan Harrison
  • 4 Years ago
  • 0
Microsoft’s CEO Satya Nadella is shifting the company into a new dynamic. Former CEO Steve Ballmer had previously implemented strategies for the business that Nadella is now out to change. According to PCWorld, Ballmer had fixated Microsoft’s attention to a “devices and services” theme, which Nadella wishes to adjust. “While the devices and services description […]

American Apparel Narrowly Escapes Bankruptcy with Shareholder Deal

  • Megan Harrison
  • 4 Years ago
  • 0
American Apparel Inc. is holding on for dear life. It has just made a deal with shareholder Standard General that will financially save the company from spinning into bankruptcy. According to Los Angeles Times, the retailer has agreed to receive $25 million from the investment company in order to handle the monetary concerns and bring […]

Fields Named Ford’s New CEO

  • Megan Harrison
  • 4 Years ago
  • 0
It has been a good week for Mark Fields. Being bumped up to CEO of Ford, Fields waves goodbye to his old position as chief operating officer. He will be taking Alan Mulally’s vacant position, as Mulally retired Tuesday, July 1, according to USA Today. There is a lot of chatter about the new adjustment, […]
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