Technology
Apple retail union organizers want to be paid at least $30 per hour
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York. Lucas Jackson | Reuters Workers who hope to organize a union at Apple’s Grand Central Terminal store want to be paid a minimum of $30 per hour, according to a website for the group, Fruit Stand Workers United, […]
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NBA’s Golden State Warriors step into movies, music and events with a new entertainment division
SAN FRANCISCO, CA – MARCH 16: Stephen Curry #30 of the Golden State Warriors warms up prior to the game against the Boston Celtics on March 16, 2022 at Chase Center in San Francisco, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to […]
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Musk says Twitter board will be paid nothing if he acquires the company
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk said Monday that Twitter’s board of directors won’t be compensated for serving if he acquires the company. “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right […]
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Apple workers at New York’s Grand Central store take steps to unionize
People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Drew Angerer | Getty Images Workers at Apple’s flagship Grand Central Terminal retail store in New York City are taking steps to unionize, teeing up a potential labor battle with the iPhone maker. Organizers, who have dubbed […]
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Ex-CEO Dorsey criticizes Twitter board, Musk says it ‘owns almost no shares!
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 Former Twitter CEO Jack Dorsey criticized the company’s board in a series of tweets on Sunday as the group is now tasked with evaluating a takeover bid […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall as the 10-year Treasury yield tops a 3-year high Traders on the floor of the NYSE, April 14, 2022. Source: NYSE 2. BofA issues stronger earnings as it releases reserves for soured loans A […]
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Ex-NFL star Marshawn Lynch, Macklemore join ownership group of NHL’s Seattle Kraken
Marshawn Lynch and entertainer Macklemore now co-owners of Seattle Kraken Courtesy: Seattle Kraken The NHL’s Seattle Kraken has added former NFL star Marshawn Lynch and rapper Macklemore as minority investors. The terms of the investments were not made public. Sports bankers estimate that minority equity stake deals similar to this are generally for 1% of […]
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Musk tweets ‘Love Me Tender’ days after Twitter takeover offer
Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Billionaire entrepreneur Elon Musk posted a tweet on Saturday saying “Love Me Tender”, days after he took aim at Twitter Inc with a $43 billion cash takeover […]
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Inside Rivian’s EV plant and CEO RJ Scaringe’s strategy for growth, lower-priced EVs and competing with Tesla
Rivian CEO RJ Scaringe on April 11, 2022 inside the company’s plant in Normal, Ill. Michael Wayland / CNBC NORMAL, Ill. – Rivian Automotive CEO Robert Scaringe hops out of one the automaker’s R1T electric pickups outside of the company’s plant in central Illinois as a man chants, “RJ, RJ!” Scaringe, who goes by those […]
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Fund manager names 3 ‘must own’ tech stocks — and explains why he is keeping an eye on Meta
Growing macro risks led to a sell-off in tech stocks in the first quarter, but fund manager Sid Choraria believes investors “must own” these three stocks. Source
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