Year: 2024
AbbVie taps longtime executive Robert Michael as new CEO, succeeding Richard Gonzalez
Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on May 21, 2021. Dado Ruvic | Reuters AbbVie on Tuesday said longtime executive Robert Michael will become the company’s new CEO, replacing Richard Gonzalez. Michael, who is AbbVie’s president and chief operating officer, will become the company’s second-ever CEO […]
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Center East escalation fears spike as Houthis start most harmful assault but
Armed Yemeni supporters of the Houthi movement sit on the back of an armored automobile through an anti-Israel and anti-US rally in the Houthi-managed cash Sanaa on January 22, 2024, amid ongoing battles involving Israel and the militant Hamas team in Gaza. Mohammed Huwais | Afp | Getty Visuals The Middle East seems to be […]
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Activist Arkhouse launches proxy fight at Macy's, nominates nine directors
Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images Investment firm Arkhouse Management has launched a proxy fight at Macy’s, nominating a slate of nine directors for election to the department store’s board. Macy’s on Tuesday confirmed that it had received […]
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Lender of England rate cuts very likely afterwards but much larger, Goldman Sachs suggests
Blurred buses go the Lender of England in the Metropolis of London on 7th February 2024 in London, United Kingdom. Mike Kemp | In Photos | Getty Photos The Bank of England is probable to maintain fascination costs increased for extended just before slashing them extra sharply than predicted in the second fifty percent of […]
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American Airways raises bag charges, gained't make it possible for some journey company bookings to get paid miles
An American Airlines aircraft sits at the gate at Cancun Worldwide Airport on Could 26, 2023. Daniel Trim | AFP | Getty Pictures American Airways has lifted the selling price to examine a bag for the initial time in extra than 5 yrs and explained it would limit which travel agency bookings are suitable to […]
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Nvidia faces stiff check on Wall Road this 7 days soon after 'parabolic' inventory rally
When Nvidia studies fiscal fourth-quarter earnings following the current market near Wednesday, it will do so as the world’s 3rd most important public firm. Investors are supplying the enterprise little margin for error. Nvidia’s stock cost has soared fivefold considering the fact that the end of 2022, as need has skyrocketed for its graphics processing […]
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Labor coalition accuses Starbucks of 'flawed' union strategy, risking shareholder value
A coalition of unions is laying out its case against Starbucks ahead of a proxy fight at its annual meeting in March, arguing the coffee giant has implemented a “flawed human capital management strategy” in response to a yearslong union movement. The Strategic Organizing Center claims the situation has put the company at reputational risk, […]
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X social media system suspends account of Navalny's widow, Yulia Navalnaya
Yulia Navalnaya, spouse of late Russian opposition leader Alexei Navalny, attends the Munich Protection Conference (MSC), on the day Alexei Navalny’s loss of life was announced by the prison provider of the Yamalo-Nenets region where by he had been serving his sentence, in Munich, southern Germany on February 16, 2024. Thomas Kienzle | Afp | […]
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Israel's GDP contracts virtually 20% in fourth quarter amid Gaza war
An Israeli national flag higher than develop for sale at Carmel Market place in Tel Aviv, Israel, on Nov. 7, 2023. Bloomberg | Bloomberg | Getty Images Israel’s gross domestic merchandise shrank practically 20% in the fourth quarter of 2023, in accordance to official figures. The contraction was drastically larger than expected, as analysts predicted […]
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Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business
Vizio televisions are displayed at a store in San Rafael, California, on Feb. 13, 2024. Justin Sullivan | Getty Images Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. […]
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