60.42 F
New York
May 24, 2022

Company

CeeDee Lamb Facing Lawsuit From Trading Card Company

Sports Illustrated
SI – For more and to sign up click here Jelani Scott Cowboys receiver CeeDee Lamb is facing legal action from Dallas-based company Leaf Trading Cards, according to Denton County, Texas records. The trading card firm filed a lawsuit against Lamb, 23, on May 20 claiming the young star “breached......

Snap plunges more than 25% after CEO warns company will miss revenue and earnings estimates, slow hiring

CNBC
CNBC – For more and to sign up click here In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc | Getty Images Snap shares plunged more......

After seeing Hawaii’s beaches littered with plastic, this islander built a company to make straws from seaweed

CNBC
CNBC – For more and to sign up click here At Sunday Motor Co. Café in Madison, New Jersey, customers are sampling the latest in biodegradable non-plastic utensils. Specifically, straws made of seaweed. The dispenser says, “Designed to Disappear,” which is exactly what the co-founder of sustainable start-up Loliware envisioned.......

Flowers CEO says company, industry well positioned

FoodBusinessNews
THOMASVILLE, GA. – The company’s portfolio of premium products should hold up well in the event of a recession, said A. Ryals McMullian, president and chief executive officer of Flowers Foods, Inc., Thomasville. In remarks issued May 19 in connection with the company’s first-quarter financial results, Mr. McMullian said a......

China’s state-backed blockchain company is set to launch its first major international project

CNBC
CNBC – For more and to sign up click here China’s Blockchain-based Service Network (BSN) is planning a major international expansion project in August. Yuichiro Chino | Moment | Getty Images China’s state-backed blockchain company is planning its first major international expansion, its CEO told CNBC, as Beijing continues to......

Abbott CEO details ‘serious steps’ company is taking to address baby formula shortage

USA TODAY – For more and to sign up click here Chloe Folmar Abbott Laboratories CEO Robert Ford described the “serious steps” his company is taking to address the baby formula shortage, which he said was “exacerbated” by the company’s voluntary recall of its products for health reasons, in an......

Palo Alto Networks stock jumps after company lifts full-year forecast

CNBC
CNBC – For more and to sign up click here Palo Alto Networks shares rose 12% in extended trading on Thursday after the network security hardware maker announced fiscal third-quarter results that came in stronger than analysts had expected. Here’s how the company did: Earnings: $1.79 per share, adjusted, vs.......

Investing Club: Here’s how much each company in our portfolio is exposed to China

CNBC
CNBC – For more and to sign up click here Shanghai and Beijing have retained, if not tightened, many Covid-related restrictions on business and travel. In this picture, workers disinfect a residential community on May 11, 2022, in Beijing, China. Beijing Youth Daily | Visual China Group | Getty Images......

Alex Rodriguez invests in mixed martial arts company PFL at $500 million valuation

CNBC
CNBC – For more and to sign up click here Alex Rodriguez at eMerge Americas conference in Miami on June 13, 2017. David A. Grogan | CNBC Alex Rodriguez is betting on the growth of mixed martial arts. The former MLB star is now a partial owner of the Professional......

Jack Dorsey outlines Block’s bitcoin-centric future at first investor day in five years: ‘No longer just a payments company’

CNBC
CNBC – For more and to sign up click here Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Block executives no longer want the firm to be seen as a......

Kohl’s says two top executives are leaving, as company seeks buyer

CNBC
CNBC – For more and to sign up click here Vehicles sit parked in front of a Kohl’s department store in Ashland, Ky. Luke Sharrett | Bloomberg | Getty Images Kohl’s said Wednesday that it is losing two of its top executives, as the retailer searches for a potential buyer......

Cisco stock plunges 17% as company forecasts surprising revenue decline

CNBC
CNBC – For more and to sign up click here Chuck Robbins, chief executive officer of Cisco Technologies Inc., gestures as he speaks during a panel session on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 22, 2020. Jason Alden | Bloomberg | Getty Images......

Twitter CEO explains how the company actually fights spambots in rebuttal to Musk

CNBC
CNBC – For more and to sign up click here Twitter CEO Parag Agrawal on Monday laid out how the social media company fights fake and spam accounts on the platform. The information, posted in a lengthy Twitter thread, comes just days after Elon Musk said he would put his $44......

OMV says Deputy CEO Pleininger to leave his post at oil and gas company

Reuters
OMV executive board member Johann Pleininger gestures during an interview with Reuters in Vienna, Austria, September 5, 2018. Picture taken September 5, 2018. REUTERS/Alexander Schwarz-Goerlich Register now for FREE unlimited access to Reuters.com Register ZURICH, May 14 (Reuters) – OMV (OMVV.VI) will not extend Deputy Chief Executive Johann Pleininger’s contract,......

Two Twitter leaders are leaving after Musk’s deal to buy the company.

New York Times
Two of Twitter’s leaders are leaving as part of a shake-up of top executives, according to an internal memo shared with employees on Thursday, as the company grapples with a takeover from Elon Musk, the world’s richest man. Kayvon Beykpour, Twitter’s general manager, is leaving and will be replaced by......

MLB and NFT gaming company Sorare partner up for collectible and fantasy-style games for fans

ESPN
Sports leagues and teams worldwide are working to attract younger people, improve engagement among fans and searching for ways to interact with and reach new audiences. Major League Baseball is no different, and Thursday, the league announced a partnership with Sorare, an NFT gaming company, to launch an NFT-based fantasy-style......

Disney may need to tell investors a new story as company warns of softer streaming growth

CNBC
CNBC – For more and to sign up click here A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney may have a storytelling problem. Although the company......

Apple is no longer the world’s most valuable company

CNBC
CNBC – For more and to sign up click here Tim Cook, CEO of Apple Inc. Adam Jeffery | CNBC Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More