Airbnb suspends marketing to save $800 million, top executives take pay cut: source

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a person familiar with the matter said on Thursday......»»

The executives behind Houston-based oil field products and services company National Oilwell Varco Inc. (NYSE: NOV) are looking to save about $160 million a year in costs by the end of 2020 by making changes in the company’s corporate and operation.....»»

Home-renting company Airbnb will invest between $100 and $200 million in SoftBank Group-backed Indian hotel start-up OYO, a source with direct knowledge of the matter told Reuters, as it dives deeper into the hotel-booking business......»»

The U.S. Securities and Exchange Commission officially filed charges Tuesday against two prominent Grapevine-based real estate investment trusts and five of its senior executives in connection with misleading investors about the source of revenues.....»»

FitzMark has acquired Reliable Source Logistics, forming a larger freight brokerage that executives project to bring in $200 million in revenue this year. read more.....»»

A prominent New York real estate developer and several other industry executives have been indicted for stealing more than $86 million from investors and subcontractors in New York......»»

The business owners allegedly underreported payroll and employees by more than $30 million to illegally save on workers’ compensation insurance premiums......»»

Airbnb's average rates grew 35% during the first quarter. Executives said the increase is thanks to rentals of larger homes away fro.....»»

Macy's executives say they're still committed to their construction plans — and they're offering to upgrade nearby subway stations and public spaces in addition......»»

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Why consider outside, on-demand marketing executives? Here are five reasons......»»

With three weeks left until shareholders are set to vote on a deal to sell Tribune Publishing to hedge fund Alden Global Capital, Maryland hotel executive Stewart Bainum is urgently seeking Chicago investors to help buy the Chicago-based newspaper chai.....»»

It is a lucrative time to be leaving GameStop Corp.’s C-suite as the run-up in the videogame retailer’s share price has enabled four executives to depart with vested stock now valued at roughly $290 million......»»

The Capital District Transportation Committee board of 21 municipal and regional executives helps direct local spending of federal transportation funding — roughly $100 million a year. And it will be in need of a new executive director soon......»»

Walmart Inc. announced a new effort to improve biodiversity and save pollinator populations on Tuesday, which aids in food production. Walmart says it will source all fresh produce and flowers from suppliers that ado.....»»

The warehouse was part of a national portfolio sale by Becknell Industrial, which will continue to manage the building......»»

Two Facebook executives collectively got just shy of $1 million in bonuses in the second half of 2020, according to a new SEC filing. .....»»

Salesforce's investment in Community comes as the upstart looks to expand its customer base. Noam Galai/Contributor/Getty Images Salesforce is inves.....»»

Asian-American executives, business leaders and others have raised more than $20 million to combat the growing instances of anti-Asian hate and violence amid the coronavirus pandemic.....»»