This journalist remembers chatting on a number of occasions with Mark Tritton when he was the whiz kid behind Target’s merchandising revival from 2016 to 2019. Tritton — serving as Target’s chief merchandising officer — was level-headed, decisive, creatively-focused and believed he could bring the cheap chic cool factor back to the discount retailer. He achieved his mission (Tritton remains a big reason why it’s fun to shop at Target), and Target’s bottom line continues to benefit from… Source link
Read More »AMC just dropped the hammer on every meme stock CEO
The Meme Market is back with a vengeance. And AMC (AMC) is playing a different game the second time around. On Thursday morning, the company filed to sell up to an additional 11.5 million shares as its stock price continues a monster run higher. On Wednesday alone AMC shares rose 95% and in pre-market trading on Thursday the stock was at one point up another 20%. But this does not mark the company’s first effort to capitalize on recent volatility. Earlier this week AMC raised $230… Source link
Read More »Former Google CEO Eric Schmidt Purchases $61M Estate in Los Angeles
The former CEO of Google Eric Schmidt has purchased a swanky Los Angeles estate. He picked up the historic home for $61.5 million, Dirt reported, while noting that the prodigious price marks it as the second-highest priced sale in the state this year. The mansion was listed in 2020 for $75 million, so the multibillionaire was able to score a deal. A discounted price doesn’t discount the home’s storied history. The manor was built by the celebrated Black… Source link
Read More »Recruiter.com’s CEO to Again be Featured on CNBC and Yahoo Finance to Discuss Latest Jobs Report Numbers and Hiring Sentiment
Joins CNBC and Yahoo Finance to discuss the May results of the Recruiter Index® HOUSTON, TX / ACCESSWIRE / June 2, 2021 / Recruiter.com Group, Inc. (OTCQB:RCRT), an on-demand recruiting platform, is pleased to announce its Chairman and CEO, Evan Sohn, will present the results of the Company’s Recruiter Index® for May 2021 on CNBC’s “The Exchange” and Yahoo Finance Live later this week. Sohn will appear live on CNBC, Thursday, June 3, on “The Exchange,” which airs 1 p.m. to 2 p.m. ET, and on… Source link
Read More »Why SoFi’s dealmaking CEO went the SPAC route for its IPO
SoFi’s (SOFI) long-awaited IPO on Tuesday isn’t the first time CEO Anthony Noto has had a splashy deal day. Noto is a former tech analyst and investment banker at Goldman Sachs who spent more than 12 years at the firm (1999 to 2008, then a return from 2010 to 2014 after a stint in between as the NFL’s CFO). He played a key role in Twitter’s IPO while at Goldman — he then joined CEO Jack Dorsey at the company as chief operating officer for an almost four-year period. Given that extensive… Source link
Read More »Bitcoin Miner Marathon Will No Longer Censor Transactions, CEO Says
Bloomberg A Sizzling Rally Lures India’s Top Bank to Do More Equity Deals (Bloomberg) — A hot equity market in India is prompting HDFC Bank Ltd. to try to muscle in on the action as companies raise record levels of funding.The government has flooded the market with money in response to one of the world’s worst outbreaks of coronavirus, pushing stocks to dizzying levels and helping companies to boost capital buffers. Despite being India’s most valuable lender, HDFC Bank so far hasn’t… Source link
Read More »No One Can Shut Down Bitcoin, Says Binance CEO CZ
It is already impossible for a single entity to kill bitcoin and its underlying blockchain technology, so state governments and regulators should embrace blockchain technology and cryptocurrencies, said the chief executive of the world’s biggest cryptocurrency exchange. “I don’t think anyone can shut it down now, given that this technology, this concept, is in 500 million people’s heads,” Binance CEO Changpeng “CZ” Zhao said in a pre-recorded interview shown during CoinDesk’s Source link
Read More »Apple CEO Tim Cook is right — A more open iPhone could carry a hidden cost for consumers
Wednesday, May 26, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe It’s true an open App Store is more dangerous, and that helps Apple In his first-ever court appearance, Apple (AAPL) CEO Tim Cook on Friday laid out his case for why Apple should be the only company to sell apps on the iPhone, saying that allowing third-party app stores… Source link
Read More »Vimeo stock falls in trading debut, CEO says firm is looking for M&A deals
Bloomberg Ex-High School Classmates Are Among the World’s Largest Crypto Holders (Bloomberg) — Kyle Davies and Su Zhu started Three Arrows Capital at the kitchen table of their apartment in 2012. Now they’re among the world’s biggest crypto holders with a portfolio worth billions of dollars.At least for the moment.Their portfolio was rocked in recent days as environmental concerns over mining, regulatory scrutiny, warnings by Chinese authorities about digital currency payments and a… Source link
Read More »Why AT&T’s CEO says you should still hold the stock after the WarnerMedia spinoff
Bloomberg Deutsche Bank’s Nightmare Decade Is Gone, But Not Yet Forgotten (Bloomberg) — On the day before one of the biggest margin calls in history, Deutsche Bank AG chief Christian Sewing joined an urgent meeting with a not-unfamiliar message: there was a problem, and billions of dollars were at stake.But as executives on the late-March call briefed him on the bank’s exposure to Archegos Capital Management, this time it wasn’t all bad news. Risk managers had been concerned by the… Source link
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