Tag Archives: scathing

Maj. Michael Haley, the husband of GOP presidential candidate Nikki Haley, hit back at former President Donald Trump’s questioning of his whereabouts with a meme on X, the platform formerly known as Twitter. Haley has since June 2023 been deployed to Africa with the South Carolina Army National Guard. But Trump didn’t let the truth get in the way of an attack on his Republican primary rival Nikki Haley when he told a campaign rally in Conway, in her home state of South Carolina, at the… Source link

The PGA Tour fired back at a lawsuit filed by professional golfers who recently joined the rival LIV Golf tour, dubbing them “Saudi Golf League employees,” according to a memo obtained by Yahoo Finance. Phil Mickelson, Bryson DeChambeau, and nine other LIV golfers filed an antitrust complaint against the PGA Tour on Wednesday. Within hours, the PGA Tour responded in a scorching memo to members from Tour Commissioner Jay Monahan. “It’s an attempt to use the TOUR platform to promote… Source link

After a series of major execution missteps, Peloton (PTON) has a new activist investor knocking down its doors.  In a scathing new letter released on Monday, activist Blackwells Capital — which reportedly has amassed a less than 5% stake in the company — demanded Chairman, founder and CEO John Foley be immediately fired.  “Mr. Foley must be held accountable for his repeated failures to effectively lead Peloton,” Blackwells chief investment officer Jason Aintabi wrote in the letter…. Source link

Kohl’s (KSS) is starting its week with activist investors knocking on its door. On Monday, Kohl’s and CEO Michelle Gass — who joined as chief customer officer in 2013 and assumed the CEO role in May 2018 — were blasted by a group of activist investors for “poor retail execution,” “excessive executive compensation,” a “long-tenured Board with insufficient retail experience,” and a “systemic inability to achieve stated goals.” The activist group includes Macellum Advisors, Ancora Holdings,… Source link