Starbucks new CEO Laxman Narasimhan officially assumes the position
Starbucks officially appointed new CEO Laxman Narasimhan, who was expected to take over two weeks later.
Read More
Tag: Shares
Credit Suisse accepts $54 billion lifeline
Credit Suisse Group AG sought to halt a decline in investor confidence on Thursday by opening a 50 billion Swiss franc ($54 billion) credit line with the country’s central bank and offering to buy back debt, as executives and government officials plotted the troubled lender’s next steps.
Read More
Amazon workers face pay cut after steep stock reduction
Amazon employees face a significant reduction in compensation packages due to a sharp decline in stock over the past year.
Read More
Elon Musk says Twitter is “trending to breakeven” after bankruptcy warnings
Elon Musk claims he saved Twitter from “bankruptcy” and that the platform is now “trending to breakeven.”
Read More
Netflix’s subscriber loss has destroyed employee morale
As Netflix’s stock falls to its lowest level in five years, the company risks losing its most valuable asset: its star employees.
Read More- 1
- 2
