(Bloomberg) — GameStop Corp. climbed after saying it intends to elect Ryan Cohen as its next chairman, cementing the activist investor’s influence at the video-game retailer. Kurtis Wolf resigned effective April 5, GameStop said in a filing Thursday. The company said the resignation didn’t result from a disagreement over operations, policies or practices. Cohen will stand for election at the annual meeting on June 9, GameStop said in a statement. It plans to pay all directors entirely in… Source link
Read More »Foot Locker, Inc. chairman & CEO Richard Johnson
On this episode of Yahoo Finance Presents Foot Locker, Inc. chairman & CEO Richard Johnson sat down with Yahoo Finance’s Brian Sozzi and Reggie Wade to discuss the pandemic’s impact on the sportswear industry as well as the current state of Footlocker sales. Video Transcript BRIAN SOZZI: Foot Locker is among many retailers poised to benefit from consumers rebuilding their wardrobe after a year of being stuck inside during the pandemic. But besides making sure it stocks the latest hot footwear… Source link
Read More »Chinese electric car maker Xpeng sees ‘big momentum’ into March: vice chairman and president
Bloomberg Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid (Bloomberg) — Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy.A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in… Source link
Read More »Yahoo Finance Presents: Chairman Richard Neal
The chairman of the House Ways and Means committee joins Yahoo Finance’s Jessica Smith to discuss whether there will be a stimulus bill this year, the chances of Joe Biden’s tax plan becoming law, and his long push to reform the American retirement system. Video Transcript [MUSIC PLAYING] JESSICA SMITH: Welcome to “Yahoo Finance Presents.” I’m Jessica Smith. Joining me now is Congressman Richard Neal of Massachusetts. He is the chairman of the House Ways and Means Committee. Chairman, thank you… Source link
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