Salesforce investors rejected the company's compensation plan for top executives amid concerns over the equity awards granted to CEO Marc Benioff.
Firm Management
FTC’s Ban on Worker Noncompete Agreements Partially Blocked by US Judge
The FTC’s rule to ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses has been blocked by the US District Court.
Delta Airlines Makes Emergency Landing at JFK Airport After Passengers Fall Ill From Spoiled Food
A Delta Airlines flight from Detroit to Amsterdam made an emergency landing at JFK Airport on July 3, due to food contamination that sickened passengers.
McDonald's Cuts Breakfast Hours in Australia Due to Egg Shortage Caused by Bird Flu Outbreak
Australia's McDonald's branches have cut breakfast hours to 10:30 AM due to an egg shortage caused by bird flu outbreaks, which has already euthanized about one million hens.
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.
Latest News
UBS is leading AI integration in banking with initiatives like instant credit for small businesses, pushing the banking sector to embrace AI's transformative potential to keep up.
John Deere said that it was planning to lay off around 600 employees across three of its Midwest factories by the end of August as it intends to focus on its operations in Mexico.
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.
