That resulted in the termination of about 1,000 workers with no severance or back pay, representing one of the most stunning and abrupt ends of an entertainment company in recent memory. A judge will need to certify the suit as a class-action case before others beyond the initial 11 plaintiffs can become eligible to participate in the suit. The complaint …
Budget Investing: 27 Cheap Stocks To Add to Your Portfolio
Former oil industry executive CEO Tufan Erginbilgic took over in January 2023, aiming to quadruple Rolls-Royce’s profits in the next five years and complete other key initiatives. Meanwhile, penny stocks often trade infrequently and hold wide bid/ask spreads. These stocks also carry many other traits that, in many cases, cause excessive volatility. With that said, some penny stocks perform incredibly well, which …
Biden appoints Jerome Powell to a second term as chairman of the Federal Reserve : NPR
The 68-year-old Republican has been praised for his management of the economy during the pandemic. Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Chair Powell’s oath was administered by Vice Chair Lael Brainard in the press briefing room of the Board’s Martin …
Bed Bath & Beyond CFO dead after apparent fall from New York high-rise, police say
Arnal was recently named in a lawsuit accusing him of insider trading and fraud, according to court documents. Arnal died due to “multiple” blunt force trauma and his death has been ruled as a suicide, the New York City Medical Examiner’s Office confirmed to USA TODAY. The former member of Arnal’s leadership team at P&G Brazil echoed this sentiment, saying, “Gustavo …
Central Bank of Russia
A Governor may be appointed for several consecutive terms (Sergey Ignatyev was the Governor of the Central Bank for 11 years, and he was appointed three times, in the longest serving term in post-soviet Russia). In December 2014, amidst falling global oil prices, international sanctions during the Russo-Ukrainian War, capital flight, and fears of recession, the bank had increased the …
Walmart ends Capital One partnership What it means for cardholders
With a background in personal finance, she especially loves advocating for women’s financial empowerment. Having visited over 50 countries, she is also passionate about travel, and encouraging and inspiring others to explore the world. Capital One is discontinuing the Walmart credit cards by shutting down new applications and transitioning existing cardholders to the Capital One Quicksilver Cash Rewards Credit Card. …