Firm Management
Southwest Airlines Employs 'Poison Pill' Defense to Block Hostile Takeover Attempt
The company is adopting a poison pill defense strategy to prevent Elliott Investment Management from taking control of Southwest Airlines due to a nearly $2 billion stake.
Paramount, Skydance Re-Negotiate Merger Deal: Report
The preliminary merger deal between National Amusements, Paramount Global, and Skydance Media appeared to have been reignited after abandoning it due to shareholder dispute.
Google Blames AI in Carbon Emissions Rise, Challenging 2030 Net Zero Pledge
Google's annual sustainability report revealed that despite efforts, the company's carbon emissions continued to rise in part due to challenges related to AI.
Salesforce Shareholders Vote Against Compensation Plan for CEO Marc Benioff
Salesforce investors rejected the company's compensation plan for top executives amid concerns over the equity awards granted to CEO Marc Benioff.
Latest News
The Boston Celtics is up for sale after its majority owner, Boston Basketball Partners LLC, announced its intention to sell all of its shares in the team.
CDK Global, the software provider for around 15,000 North American car dealerships, expects to fully restore its systems by July 4 after cyberattacks forced them offline for days.
Head of Microsoft AI, Mustafa Suleyman, sparked controversy by suggesting all publicly available online content should be treated as "freeware" for training AI.
A viral video reveals that a "robotic" waitress at a Chinese hotpot restaurant is the owner, Qin, who has been performing robotic dances to improve her customers' dining experience.
Tractor Supply has announced eliminating diversity, equity, and inclusion (DEI) jobs, withdrawing carbon emission goals, and reversing its support for the LGBTQ community.
Thousands of British bank customers expressed frustration on social media after an IT glitch disrupted digital banking services during payday, leaving many unable to access accounts or process transactions.
Target has adjusted its theft prevention strategy by lowering the threshold for when employees can intervene to stop shoplifters, aiming to enhance safety and minimize financial losses attributed to retail theft.
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
Interactive Brokers suffered a $48 million loss due to a recent New York Stock Exchange (NYSE) glitch, which temporarily displayed incorrect stock prices.
Millions of Miniverse toy sets produced by MGA Entertainment have been recalled by the US Consumer Product Safety Commission due to risks of skin burns, eye and respiratory irritation from contained resins.