Stitch Fix to Cut 20 of Salaried Jobs As Ceo Steps Down
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Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
New York police storm Columbia and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Antony Blinken tells Israel and Hamas that ‘time is now’ for a deal
Secretary of state says militant group must accept latest proposal but reiterates US opposition to Rafah offensiveFinancial Times - Business - Israel -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
How to get a job: Six expert tips for finding work
More than 10m people out of work in the UK, so if you're searching for a job you're not alone. Here are some tips on how to get started.BBC News - Top stories -
Binance CEO Will Serve Four Months in Prison, But Will Be a Very Rich Inmate
Changpeng Zhao ran his crypto company differently from the way Sam Bankman-Fried ran FTX: Binance is still going strong. Leadership lessons abound from both bad examples.Inc. - Business -
How Bob Bakish, the Anti-Mogul CEO, Struggled to Rescue Paramount
The company veteran stepped down Monday with Paramount in the midst of a merger drama.The Wall Street Journal - Business -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - World -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - Business -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
Manchester United’s interim CEO and chief financial officer to leave club
Patrick Stewart and Cliff Baty will leave at end of seasonJean-Claude Blanc will be interim CEO until 13 JulyManchester United have announced that their interim chief executive, Patrick Stewart, and chief financial officer, Cliff Baty, will leave ...The Guardian - World -
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for computing power.VentureBeat - Tech -
American Express CEO explains how the company is attracting younger consumers
American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday that Millennial and Gen Z customers made up 60% of new card acquisitions.CNBC - Business -
Lobbying World: Global Business Alliance taps next president and CEO
The Global Business Alliance (GBA) announced that Nancy McLernon will retire as president and CEO at the end of the year. McLernon, who founded GBA in 1990, grew the organization from less than a dozen members into an influential voice for more ...The Hill - Politics -
UnitedHealth CEO faces Change Healthcare hack scrutiny on Capitol Hill
UnitedHealth Group’s dominance in the U.S. healthcare industry was in the spotlight on Capitol Hill Wednesday as its CEO faced two Congressional hearings on the cyberattack on its Change Healthcare unit.MarketWatch - Business -
UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom
Senators questioned UnitedHealth Group CEO Andrew Witty on Wednesday about a cyberattack on its subsidiary Change Healthcare.CNBC - Business -
UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack
UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate Finance Committee on the cyberattack on Change Healthcare, a subsidiary of his company. Senate Finance Chair Ron Wyden ...The Hill - Politics -
Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says
The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authenticationABC News - Health -
Unity appoints ex-Zynga exec Matthew Bromberg as CEO
Game engine maker Unity has appointed Matthew Bromberg, former COO of Zynga, as its new CEO.VentureBeat - Tech -
Ex-Pioneer CEO Barred From Exxon Board for Megadeal to Close
Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.The Wall Street Journal - World -
UnitedHealth CEO testifies on Capitol Hill about data breach
UnitedHealth CEO Andrew Witty issued an apology while testifying before a House committee Wednesday about the cyberattack against subsidiary Change Healthcare that paralyzed insurance payments to hospitals, pharmacies and medical practices ...CBS News - Top stories -
Jags cut WR Jones after picking Thomas in draft
The Jaguars have released wide receiver Zay Jones, the team announced Tuesday.ESPN - Sports - NFL -
Amazon cost cuts drive operating margin into double digits for first time
Amazon's operating margin jumped past 10%, topping a prior high of 8.2% in 2021.CNBC - Business -
New Jersey barber specializes in cuts for those with developmental disabilites
A barber in Nutley, New Jersey, specializes in giving haircuts to adults with autism, sensory issues and other developmental disabilities. His services are so sought after, some of his clientele even fly in from out of state.CBS News - Top stories -
How much will the 2p National Insurance cut save me?
A further 2p cut in National Insurance for 27 million workers has come into effect.BBC News - Top stories -
The Fed rate decision meeting is today. Here are the odds of a cut.
Inflation-weary consumers have also been slammed by high borrowing costs. Here's what economists expect the Fed to announce.CBS News - Top stories - Federal Reserve -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Powell Likely to Signal Rate Cut Unlikely Until Inflation Drops
The Fed weighs three straight reports of persistent inflation with calls to lower interest rates at its latest meeting.Inc. - Business -
Fed holds off on rate cuts after 'lack of further progress' on inflation
The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains strong, likely pushing potential rate cuts even later into the year. Interest rates will remain at a range of 5.25 to 5.5 ...The Hill - Politics - Federal Reserve -
Bank of Canada 'Getting Closer' to Rate Cuts, Macklem Says
Central bank officials are confident inflation will continue to decelerate, Gov. Tiff Macklem said, adding that higher rates in Canada are having ‘more traction’ than in the U.S.The Wall Street Journal - World -
Colombia to cut diplomatic ties with Israel over Gaza war
Yahoo News - World - Israel -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Fed’s Powell keeps the door open for a July rate cut
Here are more details of the four main takeaways from Powell’s press conference.MarketWatch - Business - Federal Reserve -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - Business -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
2024 NFL Draft TV ratings down despite strong 1st round
Viewership was still better than what the NFL Draft drew two years ago.Yahoo Sports - Sports - NFL -
Deaths at the Kentucky Derby bring changes ahead of the 150th edition at Churchill Downs
Many in the crowd that packed Churchill Downs for last year’s Kentucky Derby left in tears and questioning the safety of horse racing after two horses died that dayABC News - Sports