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Salesforce tells employees worried about abortion access that it will help them relocate
CEO of Salesforce Marc Benioff attends a meeting with U.S. President Joe Biden and private sector CEOs in the State Dining Room of the White House on January 26, 2022 in Washington, DC. Drew Angerer | Getty Images Salesforce told employees in a Slack message on Thursday that the company will help them relocate if […]
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Jim Cramer says investors shouldn’t allow a tumultuous market prevent them from finding ‘better opportunities’
CNBC’s Jim Cramer on Thursday said that while investors should tread carefully as the stock market continues to be stormy, they also shouldn’t be afraid to make moves to strengthen their portfolios. “We want to be very careful to buy stocks with stories that can handle a slowdown. … A good portfolio manager never sells […]
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street. Source
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Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks
iCreditWorks CEO Scott Young, former chief commercial officer of Goldman Sachs Marcus. Courtesy: Goldman Sachs A Goldman Sachs executive known for securing some of the industry’s biggest credit-card deals in recent years has left to join early stage start-up iCreditWorks, CNBC has learned. Scott Young, who was chief commercial officer of Goldman’s Marcus consumer business, […]
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Lina Khan’s FTC can finally move forward with its progressive agenda after Senate confirms fifth commissioner
Federal Trade Commission building Jeff Greenberg | Universal Images Group | Getty Images The Federal Trade Commission finally has the power to move forward with its progressive enforcement and policy agenda after the Senate confirmed President Joe Biden’s nominee to the fifth commissioner seat Wednesday. The Senate voted to confirm Alvaro Bedoya 51-50, with Vice […]
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Kohl’s shareholders vote to keep current slate of directors despite activist pressure
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shareholders voted to reelect the company’s current slate of 13 board directors, as the retailer faced mounting pressure from activists for an overhaul, Kohl’s announced Wednesday. The annual meeting […]
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Target employees at Virginia store file for union election amid a broader labor push at big companies
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employees are trying to form a union. Employees at a Virginia store filed on Tuesday with the National Labor […]
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Tech is hitting the brakes on hiring, but that doesn’t mean a broader slowdown is coming
San Francisco Compassandcamera | Getty Images U.S. employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down some recruitment plans, Insider […]
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London is looking to tap the deep pockets of Silicon Valley
Mayor of London Sadiq Khan hopes to convince U.S. tech firms to invest more in London. Leon Neal | Getty Images Sadiq Khan, the mayor of London, traveled to California as part of a trade mission to try to convince Silicon Valley tech leaders to invest more money in the U.K. capital. On Tuesday, Khan […]
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WWE looks to boost its sponsorship revenue as live events return and a key media deal expires
Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016. Roslan Rahman | AFP | Getty Images WWE and industry analysts agree: The pro wrestling and media company can squeeze more revenue out […]
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