Campbell’s Company CEO to retire from company, join NFL team’s front office
See what's being clicked on FoxBusiness.com. Campbell's Company CEO Mark Close is leaving the packaged food company to join the front office of the NFL's Washington Commanders early next year. Coaches announced Tuesday that Close will become president and head of team operations in late January. Campbell's said his six-year term as CEO will end […]
Trump Announces Nomination Of Paul Atkins For SEC Chair
President-elect Donald Trump announced Wednesday that he is nominating Paul Atkins to be the next chair of the Securities & Exchange Commission (SEC), according to a social media post. Trump praised Atkins as a “proven leader,” according to a Wednesday post to Truth Social. Atkins is the CEO and founder of Patomak Global Partners, a […]
Foot Locker shares sink after weak quarterly results
Dana Telsey, chief research officer at Telsey Advisory Group, reveals retail expectations for the holiday season on “Barron's Roundtable.” Foot Locker stock fell Wednesday after the company significantly missed Wall Street's quarterly profit expectations and lowered its full-year sales and profit forecasts. The company's shares fell as much as 16% in morning trading after the […]
Major American Automaker To Take $5 Billion Hit For Operations In China Amid Steep Competition
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture operations with SAIC Motors in China, according to Reuters. The automaker expects a $2.7 billion charge for reduced joint-venture value and a $2.6 billion to $2.9 billion charge for restructuring costs, according to Reuters. GM has struggled […]
REPORT: Police Say UnitedHealthcare CEO Assassinated In Targeted Shooting
United Healthcare CEO Brian Thompson was shot dead Wednesday morning in New York City in what police are calling a targeted attack. A masked man allegedly waiting for Thompson, 50, fired repeatedly at the high-profile insurance company CEO as he exited the Hilton hotel in Midtown Manhattan around 6:46 a.m, the New York Post reported. […]
‘Bitcoin Jesus’ Roger Ver’s legal team moves to dismiss indictment
Cryptocurrency investor Charlene Woods talks about President-elect Trump's impact on the cryptocurrency market at Barney & Company. Popular Bitcoin influencer Roger Ver, known as “Bitcoin Jesus” for his 700,000 X followers, was arrested in February while attending a crypto conference in Barcelona. 's digital asset industry has been abuzz with social media posts and comments […]
Jaguar’s New Car Design Fully Deserves Bud Light Treatment
Jaguar told us to “Stay tuned.” Well, I did — but I can’t say I’m happy about it. After unveiling perhaps the worst marketing campaign in history, images of the luxury carmaker’s new concept vehicle leaked in early December. I ripped the campaign at the time, pointing out the irony of the title — “Copy […]
Elon Musk’s record-breaking compensation deal struck down again by Delaware judge
Jonathan Honig, a hedge fund manager at Capitalist Pig, reveals the main movements of “Trump trading'' in the stock market in “Berney & Company.'' A Delaware judge ruled Monday that Tesla CEO Elon Musk is not entitled to a multibillion-dollar compensation package despite shareholder approval. Chancellor Kathleen McCormick of the Delaware Court of Chancery filed […]
McDonald’s Bringing Back Iconic McRib Sandwich After Saying It Wouldn’t
McDonald’s is bringing back its iconic McRib sandwich in addition to a half-gallon jug of the McRib’s signature sauce, the fast-food chain recently announced. The sandwich, which was initially removed from the McDonald’s menu in 1985 but has made numerous returns, is set to hit stores Tuesday, according to a McDonald’s press release. The franchise […]
Vodka maker Stoli Group USA files for Chapter 11 bankruptcy
See what's being clicked on FoxBusiness.com. Stoli Group USA filed for Chapter 11 bankruptcy protection in court last week. Stoli Group USA, a division within Stoli Group and owned by global beverage company SPI Group, said in a Nov. 27 bankruptcy filing in the U.S. Bankruptcy Court for the Northern District of Texas that the […]