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Hedge fund boss Ross Stevens sued over ‘unpaid bonuses’

The Wall Street hedge fund manager who recently rescinded a $100 million donation to the University of Pennsylvania on anti-Semitism grounds is now being sued over allegations that the company refused to pay a multimillion-dollar bonus owed to one of its former executives. Ross Stevens, who made headlines last December when he withdrew a huge […]

Mauricio Pochettino To Become The Next Boss Of US Soccer: REPORT

Please, please, please I hope this is true! It’ll be the best surprise! The United States Men’s National Team (USMNT) appears to have made a strong move, as a new report from TUDN’s Ivan Casanzeu reports that legendary player Mauricio Pochettino has agreed to a contract to become the team’s next head coach. This legendary […]

Jamie Dimon’s JPMorgan deputy sees power base eroded by boss

JPMorgan Chase CEO Jamie Dimon has reportedly promoted executives at the bank who are seen as loyal to him, at the expense of his No. 2 executive, who is losing influence at the bank. There has been growing speculation among JPMorgan insiders that the bank’s president, Daniel Pinto, may step down after being pushed out […]

Starbucks’ interim boss sells $341K in stock after surprise CEO shuffle

Starbucks’ interim CEO cashed out more than $341,000 in Chipotle stock following news that the company had named Chipotle CEO Brian Niccol to replace embattled President Lakshman Narasimhan, according to securities filings. Rachel Ruggeri, the Seattle-based coffee chain’s chief financial officer and interim CEO until Nicol officially takes over on Sept. 9, sold 3,750 shares, […]

Starbucks hires Chipotle boss Brian Niccol as next CEO

Starbucks reportedly announced on Tuesday that it was replacing current CEO Lakshman Narasimhan with Chipotle leader Brian Niccol after months of sluggish sales. Niccol has been widely praised for turning around Chipotle’s business, helping to drive up the company’s stock price by more than 50 percent over the past year, the company said. Niccol will […]