Latest Corporate management News
Stock market today: Stocks edge lower on Wall Street, ending a 3-week winning streak for the S&P 500
Stocks on Wall Street gave up early gains and finished lower Friday, ending a three-week winning streak for the S&P 500. A flurry of selling late in the day left the benchmark index 0.4% lower and in the red for the week. The Nasdaq composite fell 0.7%, while the Dow Jones...
How major US stock indexes fared Friday, 6/28/2024
Stocks drifted lower on Wall Street, erasing the S&P 500’s gains for the week. The S&P 500 slipped 0.4% Friday, but remains close to the record high it set last week. The Nasdaq composite fell 0.7% and the Dow slipped 0.1%. Nike dropped 20% after the shoe...
More Americans are ending up in Russian jails. Prospects for their release are unclear
TALLINN, Estonia (AP) — One was a journalist on a reporting trip. Another was attending a wedding. Yet another was a dual national returning to visit family. All are U.S. citizens now behind bars in Russia on various charges. Arrests of Americans in Russia are...
Ed Policy to take over as Packers president and CEO after Mark Murphy's retirement next summer
GREEN BAY, Wis. (AP) — Green Bay Packers chief operating officer and general counsel Ed Policy will take over as the team’s president and CEO next year following the retirement of Mark Murphy. Policy, the son of former San Francisco 49ers and Cleveland Browns president Carmen...
South Carolina governor visiting Germany, a major driver of the state's economy
COLUMBIA, S.C. (AP) — South Carolina Gov. Henry McMaster is off to Germany next week to strengthen business ties that have fueled this century's economic boom in the formerly struggling Southern state. The governor is an invited guest at the TDI conference, also known as the Day of...
U.S. bans on gasoline-powered leaf blowers grow, as does blowback from landscaping industry
TRENTON, N.J. (AP) — The roar of the leaf blower has become an inescapable part of daily life in communities across America, leading towns and states to ban or restrict blowers that run on gasoline. But the measures face blowback from the landscaping industry and some property...
'Verzuz' will return after Swizz Beatz, Timbaland lock in new distribution partnership with X
LOS ANGELES (AP) — Swizz Beatz and Timbaland are bringing the “Verzuz” series back with a new major platform for viewers to watch musicians face off in a song-against-song battle. The legendary producers announced Wednesday that Verzuz cemented an exclusive partnership for...
Adidas is investigating allegations of embezzlement and bribery in China, according to news reports
HONG KONG (AP) — Athletic apparel company Adidas has launched an investigation into allegations of “compliance violations” in China after receiving an anonymous letter earlier this month accusing local executives of embezzling “millions of euros,” according to news reports. ...
Gamestop shares slump following annual shareholder meeting
NEW YORK (AP) — Gamestop's CEO Ryan Cohen said the struggling video game retailer will focus on cutting costs and long-term profitability in an annual shareholder meeting Monday. Cohen added this would involve a “smaller network of stores” — suggesting that more store...
Executives of telehealth company accused of fraud that gave easy access to addictive Adderall drug
LOS ANGELES (AP) — Top executives of a California-based online mental health company were arrested on allegations of improperly prescribing addictive stimulants like Adderall during the coronavirus pandemic and exacerbating the shortage of the drugs for those who medically need them, officials...
