Carl Icahn supports new Illumina CEO Thaysen after proxy fight
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Thursday expressed his support for Illumina‘s new CEO Jacob Thaysen – a relief for the company as it tries to rebound from a bitter proxy fight with the billionaire activist investor. “I think he […]
Walmart is reportedly lowering pay for some new hires. Do employers have upper hand now?
In 2021, many businesses began offering higher pay in an effort to attract staff, as the pandemic upended the job market. But two years later, the nation’s biggest private-sector employer, Walmart Inc. WMT, +0.18%, is reportedly making changes that have led to lower starting pay for some workers — a sign some Wall Street analysts […]
Walmart is reportedly lowering pay for some new hires. Do employers have upper hand now?
In 2021, many businesses began offering higher pay in an effort to attract staff, as the pandemic upended the job market. But two years later, the nation’s biggest private-sector employer, Walmart Inc. WMT, +0.18%, is reportedly making changes that have led to lower starting pay for some workers — a sign some Wall Street analysts […]
Used vehicle prices may have bottomed for 2023
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Prices of wholesale used vehicles may have bottomed for the year, as Cox Automotive said prices last month increased for the first time since March. Cox reported Friday its Manheim Used Vehicle […]
FAA orders SpaceX to keep Starship grounded, take corrective action
The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Washington Post | The Washington Post | Getty Images The Federal Aviation Administration on Friday said Elon Musk’s SpaceX must keep its Starship Super Heavy rocket grounded, saying the company needs […]
FAA orders SpaceX to keep Starship grounded, take corrective action
The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Washington Post | The Washington Post | Getty Images The Federal Aviation Administration on Friday said Elon Musk’s SpaceX must keep its Starship Super Heavy rocket grounded, saying the company needs […]
‘The dream of homeownership is alive,’ says BofA’s head of retail lending
It may be little surprise, therefore, that sales of existing homes and new builds are cooling. Older homeowners are staying put, and younger would-be buyers are strapped for cash. Despite the challenging backdrop, younger generations are not giving up, said Matt Vernon, head of retail lending at Bank of America. “The dream of homeownership is […]
‘The dream of homeownership is alive,’ says BofA’s head of retail lending
It may be little surprise, therefore, that sales of existing homes and new builds are cooling. Older homeowners are staying put, and younger would-be buyers are strapped for cash. Despite the challenging backdrop, younger generations are not giving up, said Matt Vernon, head of retail lending at Bank of America. “The dream of homeownership is […]
Kroger will pay up to $1.2 billion to settle most nationwide opioid claims
Kroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales. The settlement would allow for “full resolution” of all claims on behalf of those parties, the […]
Kroger will pay up to $1.2 billion to settle most nationwide opioid claims
Kroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales. The settlement would allow for “full resolution” of all claims on behalf of those parties, the […]
