Corporate governance
Sonos CEO Ousted After Disastrous App Update Fiasco That Cost Company Millions
In a significant leadership shakeup, Sonos CEO Patrick Spence has stepped down effective immediately, following an eight-month crisis triggered by a catastrophic app...
Trump Media Stock Surges 21% Ahead of Presidential Inauguration as Tech Giants Back Trump’s Return
Trump Media & Technology Group (DJT) shares experienced a remarkable surge of over 21% in recent trading, marking its strongest performance since November...
UK Parliament Raises Red Flags Over Shein’s London Listing Amid Supply Chain Concerns
In a significant development for the fast-fashion industry, the chair of Britain’s Business and Trade Committee has expressed serious concerns about Shein’s potential...
Billionaire Bill Ackman’s Bold Move: Pershing Square Aims to Transform Howard Hughes into a ‘Modern-Day Berkshire Hathaway’
In a significant move that sent ripples through the real estate and investment sectors, billionaire investor Bill Ackman’s Pershing Square Capital Management announced...
Biden Administration Extends Deadline for Nippon Steel-US Steel Deal Amid Legal Challenge
The Biden administration has delayed the enforcement of its order blocking Nippon Steel’s $14.9 billion acquisition of US Steel until June 18, 2025,...
Apple Stands Firm on DEI Programs While Other Tech Giants Retreat
In a notable stance against growing conservative pressure, Apple’s board of directors has firmly recommended shareholders vote against a proposal to eliminate the...
FDIC Sets February 10 Deadline for BlackRock Over Bank Stakes Oversight
In a significant regulatory development, BlackRock Inc., the world’s largest asset manager, has been given a new deadline of February 10 by the...
Super Micro Computer Stock Edges Lower Amid Market Volatility and AI Infrastructure Boom
Super Micro Computer (SMCI) stock closed at $32.60 on Friday, registering a marginal decline of 0.03% from its previous close. This slight dip comes...
Meta Abandons DEI Programs as Zuckerberg Launches Scathing Critique of Biden Administration
In a significant shift that signals Meta’s realignment with conservative priorities, the social media giant announced the immediate termination of its diversity, equity,...
FirstEnergy to Pay $100M SEC Settlement as Former CEO Faces Civil Fraud Charges in Historic Ohio Bribery Scandal
In a significant development in Ohio’s largest corruption case, FirstEnergy has agreed to pay a $100 million civil penalty to settle charges with...
