Twitter disclosed its most recent staff diversity statistics along with its goal to have more colored people and more women employees in 2016.
Firm Management
Volkswagen appoints a new chairman
A reversal of roles takes place at Volkswagen AG, with the selection of its chief financial officer, Hans Dieter Pötsch, as chairman. The appointment dashes the hopes of Pötsch's current boss, Martin Winterkorn, of being chairman himself.
Citigroup says it's time to rebuild its equities unit
Citigroup announced that they are planning to rebuild its equity unit soon. The move is seen as a bold action by the bank considering current economic situation and the "Volcker rule" regulation which limits banks investment in such funds.
McDonalds McMuffins will be available all day long starting October 6
Starting October 6, McDonalds will start serving breakfast the whole day on all their US branches. On Tuesday, all restaurant operators have given their votes to make the move.
Calpers and Calstrs oppose amendment in Bylaws at Bank of America to combine CEO, chairman role
Two giant public pension funds joined forces to oppose corporate bylaw changes at the Bank of America Corp that would make Brian Moynihan both chief executive and chairman.
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Mobile-games company Rovio is cutting its global workforce by 39% to focus on a few products that make more money. This is the second time the Angry Birds maker has announced job cuts in less than a year.
Accenture announced that the company is improving their parental benefits for those in the US and Canada as part of their commitment to employees to provide them with the best career opportunities during all stages in their lives.
PureFunds ISE Cyber Security, the first and fastest growing Cyber Security ETF in the world worth $1.2B is managed by a 30-year-old Andrew Chanin all by himself.
McDonald's supplier contract ended due to animal cruelty. Even if an animal is raised for commercial consumption it still needs respect as what the birds in the farm that supply chicken meat to McDonald's need.
Blake Mycoskie, CEO and founder of Toms Shoes, surprised his colleagues and employees when he said he was taking a 12-week paternity leave after his son was born. Mycoskie was unlike other new dads who would hesitate in taking time off because he wanted to spend some time with his newborn son. He also wanted to be a good example to his employees.
Chipotle announced that it will hold its first ever National Career Day on September 9 and will hire 4,000 new workers on site. All restaurant locations in the US will be open for interviews for a maximum of 60 applicants between 8-11 A.M on the said date. Interested applicants can register for their interview on their website, NationalCareerDay.com.
ZeroCater , the on-site catering service, has gained revenue of $100M in four years with $1.5M funds from Y Combinator and other individual investors. Founder Arram Sabeti started the company with only $7000.
The 'Big Four' accounting firm Deloitte's partners on an average posted earnings of GBP 822,000 for 2014. Deloitte's partners numbering 721 recorded a 9.6 percent growth as their average earning was up from GBP 750,000 in 2013 to GBP822,000 in 2014, according to the UK arm of the accounting firm.
Intuit announced its most recent quarterly report and surprised everyone when it said that it will sell Quicken, Demandforce and QuickBase but will keep TurboTax and other products.
