Pinterest investors should buy Elliott’s Vision

Pinterest investors should buy Elliott’s Vision

It seems that Elliott Management wants Pinterest to move faster and, if need be, crack some things. The activist investment firm is now the largest investor in the social media company, according to a Thursday Wall Street Journal report, after building a stake of more than 9% in recent months.

Small businesses in Texas are planning the next step as abortion laws change

Small businesses in Texas are planning the next step as abortion laws change

Following the publication of a draft Supreme Court decision to overturn Roe v. Wade, Max Hoberman spoke with lawyers for the independent video game company he runs to cover travel expenses for employees should they leave Texas to have an abortion. The lawyers warned of legal risks, so Mr. Hoberman came up with another offer: … Read more

Pinterest investors should buy Elliott’s Vision

Pinterest investors should buy Elliott’s Vision

It seems that Elliott Management wants Pinterest to move faster and, if need be, crack some things. The activist investment firm is now the largest investor in the social media company, according to a Thursday Wall Street Journal report, after building a stake of more than 9% in recent months.

Biden appoints federal panel to intervene in rail labor dispute

Biden appoints federal panel to intervene in rail labor dispute

President Biden appointed a federal panel seeking to resolve a labor dispute between freight railways and their unions and prevent a possible strike that would disrupt already loaded services. Railways including BNSF Railway, CSX Transportation Inc, Union Pacific Railroad Co. and Norfolk Southern Railway and 12 unions have been in contract negotiations since the end … Read more

Pinterest investors should buy Elliott’s Vision

Pinterest investors should buy Elliott’s Vision

It seems that Elliott Management wants Pinterest to move faster and, if need be, crack some things. The activist investment firm is now the largest investor in the social media company, according to a Thursday Wall Street Journal report, after building a stake of more than 9% in recent months.

TikTok’s Chief Security Officer resigns

TikTok’s Chief Security Officer resigns

WASHINGTON — TikTok’s security chief will step down from that role in September, the company said Friday, in a move that the company said was unrelated to growing concerns in Washington about the security risks of the popular short video app. Roland Cloutier, global security manager for the video-sharing app owned by Beijing-based ByteDance Ltd., … Read more

Credit Suisse’s former chairman António Horta-Osório joins Mediobanca as senior adviser

Credit Suisse’s former chairman António Horta-Osório joins Mediobanca as senior adviser

Italian Mediobanca Banca di Credito Finanziario SpA ansat fhv Swiss credit Group AG chairman António Horta-Osório as a senior adviser to increase its influence on contracting and attracting new business clients throughout Europe. It is the first high-profile appointment for Mr Horta-Osório since leaving Credit Suisse in January after less than a year in the … Read more

XTX’s Zar Amrolia: Why ‘Terminator’ Robots Will Never Replace Human Traders

XTX’s Zar Amrolia: Why ‘Terminator’ Robots Will Never Replace Human Traders

Tsar Amrolia started as a quant at JPMorgan in 1988 when he was in his mid – 20s. He drove into trading and sales, staying with Credit Suisse and Goldman Sachs, rose to head of foreign exchange trading at Deutsche Bank and eventually became co-head of XTX Markets. Amrolia will retire in early 2023. Hans … Read more

From Gap to Dollar General, Retail Chiefs are leaving as the challenges grow

From Gap to Dollar General, Retail Chiefs are leaving as the challenges grow

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Engine Maker Cummins appoints new CEO as it looks to reduce emissions

Engine Maker Cummins appoints new CEO as it looks to reduce emissions

Updated July 14, 2022 at. 11:38 ET Listen to the article (1 minute) Cummins said it appointed Jennifer Rumsey as CEO to steer the world’s largest manufacturer of diesel engines towards new technologies with lower emissions. Ms. Rumsey becomes the seventh CEO of 103-year-old Cummins and the first woman to lead the company started by … Read more