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Tag: company

Nike CEO To Retire As Sportswear Company Sales Drop

The Nike logo is displayed at the Nike Well Collective store in Glendale, California on February 16, 2024. (Photo by Mario Tama/Getty Images) By James Myers, OAN StaffThursday, September 19, 2024 3:22 PM Sports brand Nike said on Thursday that Chief Executive Officer John Donahoe will step down after more than five years at the […]

Disney to stop using Slack after after hack exposes company secrets

The Walt Disney will stop using Slack as its company-wide workplace collaboration system after a group of hackers leaked more than a terabyte of company data online. The Wall Street Journal reported. Thursday, citing the memo. Disney Chief Financial Officer Hugh Johnston reportedly said the majority of the media and entertainment company's business will stop […]

23andMe board quits over plans to take DNA testing company private

All seven independent directors on 23andMe's board resigned on Tuesday, citing differences over the CEO's plan to take the company private. The departures leave the board with just one current member: Chairwoman Anne Wojcicki, who co-founded the genetic-testing company in 2006 and serves as its chief executive officer. Wojcicki submitted a proposal to take the […]

Harris admits ‘very few’ company engage in price-gouging in word salad DC speech

After saying her administration would crack down on companies that gouged prices, Vice President Harris on Wednesday appeared to weaken her economic plan, acknowledging that a “very small number” of companies engage in price gouging. Harris delivered the speech at the Congressional Hispanic Caucus' 47th annual Leadership Conference in Washington, D.C., but offered few specific […]

Hezbollah Bomb Pagers Were Made in Europe, Says Taiwanese Company

The pager that exploded on Tuesday, killing nine people and injuring thousands, was manufactured in Hungary, a key European ally of Israel, the Taiwanese company whose brand appears on the pager said. After simultaneous explosions Tuesday caused by pagers believed to be carried by Hezbollah fighters injured nearly 3,000 people and killed nine, attention now […]

Guardian parent company in talks over potential sale of Observer | The Observer

The Guardian's parent company has announced that it is in formal negotiations with Tortoise Media over the potential sale of The Observer, the world's oldest Sunday newspaper. The Guardian Media Group (GMG) told Stuff it was in talks with the Observer after receiving enough proposals to be worth considering in more detail. The company said […]