Court slaps down Nasdaq proposal to impose DEI standards on company boards
The court is received a contrary judgment A proposal by the Nasdaq Market Index to impose diversity, equity, and inclusion standards on corporate boards. The proposal, the first of its kind, would require the 3,000 companies listed on the index to have at least one woman, one minority, and one LGBTQ person on their boards. […]
Alarm sounded over graffiti, flyers, online posts reacting to shooting death of health insurance company head
Police are investigating graffiti that read “Kill the CEO” that was spray-painted in white on multiple stores in Chicago over the weekend. WLS-TV reported. The vandalism occurred after UnitedHealthcare CEO Brian Thompson was targeted and killed in New York City last Wednesday, the agency said. “Fuck you, I don’t care if he rests in the […]
Microsoft shareholders vote against company investing in bitcoin
Cryptocurrency investor Joe McCann talks about whether Bitcoin is an investment or a currency in “Cavuto: Coast to Coast.” Microsoft shareholders on Tuesday rejected a proposal that would have seen the tech giant consider investing in Bitcoin as a way to diversify its assets. The proposal, proposed by a conservative think tank known as the […]
Boeing to layoff hundreds in Washington as second-round of company cuts continue
Boeing is laying off 396 employees at its Washington state location, Reuters reported on Monday. The move is part of a 10% global workforce reduction announced by the company in October and is expected to affect about 17,000 jobs within Boeing. Fox Business reported in November that 2,199 Boeing employees in Washington state, totaling more […]
Federal Court Strikes Down TikTok’s Appeal, Forcing Chinese Parent Company To Sell Or Face Imminent Ban
In this photo illustration, the social media application's logo, TikTok, appears on an iPhone screen against a backdrop of the Stars and Stripes (Photo by OLIVIER DOULIERY/AFP via Getty Images) OAN Staff Blake Wolf5:21 PM – Friday, December 6, 2024 A federal appeals court has reaffirmed TikTok's federal ban, which is set to go into […]
Insurance company halts plan to put time limits on coverage for anesthesia during surgery – CNN
CNN — After severe criticism from anesthesiologists, the insurance company canceled the plan. limit The length of time that covers the anesthesia used for a surgery or procedure. Anthem Blue Cross Blue Shield announced Thursday that it will no longer move forward with the policy change. “Significant misinformation has been circulating regarding our hospital's updated […]
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 […]
Lebron James Media Company Lost Nearly $30 Million Last Year
The media company founded by NBA All-Star LeBron James reportedly lost nearly $30 million last year and could lose millions more. SpringHill, the production company LeBron James co-founded with Maverick Carter in 2020, lost $28 million despite producing films such as: space jam and shooting star Along with the talk show The Shop. The company […]
Meta executive admits company ‘overdid it’ with COVID censorship — ‘We sometimes over enforce’
Meta's president of global affairs said the social media company had gone too far in moderating COVID-19-related content on its platform. Nick Clegg has spoken to members of the media and claimed that Meta founder Mark Zuckerberg wants to have a say in President-elect Donald Trump's future technology and social media policies. According to financial […]
LeBron’s’ media company lost almost $50 million in 2 years
Recently unearthed documents show LeBron James' media production company has lost tens of millions of dollars over the past two years, and more losses are on the horizon. SpringHill, the production company that James co-founded with manager Maverick Carter in 2020, is apparently not making any money. According to a recent report from Bloomberg, the […]