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Biden nominated three people to fix USPS. Here’s how the Postal Service’s leadership works.
Confirmation hearings beginning this week could shift the balance of power on the governing board that oversees Postmaster General Louis DeJoy......»»
Caroline Kennedy resigns from Boeing"s board, replacement named
Her resignation from Boeing's board days before Joe Biden is sworn in as president raises the possibility the high-profile Democrat may return to a big government or diplomatic job in the new administration......»»
COVID-19 vaccine makers are scrambling to fill 5,000 vacancies as more countries approve the shots. One is even offering $3,000 sign-on bonuses for night-shift workers.
Companies manufacturing COVID-19 vaccines for drugmakers including Pfizer, Moderna, and AstraZeneca need thousands more employees. Getty/David Greedy Companies manufacturing COVID-19 v.....»»
Korean Air to issue $817 million in new shares as virus strains industry
South Korea's largest airline, Korean Air , said on Wednesday its board decided to sell about 1 trillion won ($816.55 million) in new shares to raise funds amid mounting strains in the industry due to the coronavirus pandemic......»»
RTD approves service cuts due to COVID-19
The Regional Transportation District’s elected board members Tuesday night approved changes that will reduce the agency’s bus, light rail and special services starting April 19 in an effort to combat COVID-19. The initial changes shift most bus se.....»»
Exclusive: Philadelphia-area colleges to refund over $200M in unused student room and board
A Business Journals analysis delved into schools' financial documents to see how much revenue they could lose as they shut down campuses and shift to online classes......»»
Should miners and truckers be allowed to bend rules these days?
Coal companies want to suspend payments for mine cleanups. The trucking industry wants to waive rules that limit drivers’ daily hours. And oil producers want to put off a June 1 deadline to shift to summer-grade gasoline......»»
Should miners and truckers be allowed to bend the rules these days?
Coal companies want to suspend payments for mine cleanups. The trucking industry wants to waive rules that limit drivers’ daily hours. And oil producers want to put off a June 1 deadline to shift to summer-grade gasoline......»»
Waymo just announced a massive $2.25 billion funding round — the self-driving car company"s first-ever raise from outside investors
Waymo Waymo announced its first-ever outside funding round on Monday — $2.25 billion. The round was led by investors Silver Lake, Canada Pension Plan Investment Board, and Mubadala Investment Company, the comp.....»»
Genuine Parts raises quarterly cash dividend by 4% to 79 cents a share
Car parts maker Genuine Parts Co. said Tuesday its board has approved a 4% raise in its quarterly cash dividend to 79 cents a share. The new dividend will be payable April 1 to shareholders of record as of March 6. Shares .....»»
Another major strategic shift for Linfield College
The Linfield College Board of Trustees has approved a major strategic shift at the four-year independent school. The board on Saturday voted to change the school's name from Linfield College to Linfield University. The change will expand Linfield.....»»
P&G director Peltz to host Trump’s $10M fundraiser
Procter & Gamble Co. board member Nelson Peltz will open his oceanfront Palm Beach mansion to President Donald Trump on Saturday for a dinner that’s expected to raise more than $10 million. About 30 people reportedly will attend the Florida even.....»»
Tesla Exploits Inflated Stock Price to Raise $2 Billion
Two weeks after Elon Musk denied the possibility, Tesla is selling stock againRelated Stocks: TSLA,.....»»
Aston Martin calls board meeting to decide on fundraising
British luxury carmaker Aston Martin will hold a board meeting on Thursday to decide whether to raise funds through the sale of a strategic stake, a person familiar with the situation told Reuters......»»
JPMorgan board raises CEO Dimon"s pay to $31.5 million
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon got a half-million-dollar raise for 2019, bringing his total compensation for the year to $31.5 million, the company said in a filing on Thursday......»»
The Funded: Lime, Zume detail cost-cutting; 5 others raise over $150M
News of cost-cutting continues as the first full business week of the New Year comes to a close, with a new workforce reduction at San Francisco-based Lime and details of the impact of a strategy shift at Zume Inc. Lime is reducing its workforce by 1.....»»
BAIC looks to raise stake in Daimler to around 10%, win board seat, Reuters says
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.....»»
AT&T to raise quarterly dividend by 2% to 52 cents a share, retire $100 million of stock in Q1
AT&T Inc. said Friday its board has .....»»
A Boeing whistleblower says he tried to raise concerns about sloppy 737 Max production, but was ignored by the CEO, board, FAA, and NTSB (BA)
REUTERS/Lindsey Wasson/File Photo A former Boeing senior manager said he tried to flag the 737 Max's production issues to the company's executives and three government agencies, but was ignored by all of t.....»»
Pompliano Joins Board of Blockchain-Based Lending Firm After $103M Raise
Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp†Pompliano to its board following a $103 million funding round......»»