Walgreens taps Starbucks exec Brewer as its new CEO
Walgreens said Tuesday it has tapped Starbucks executive Roz Brewer as its new CEO, which will make her the only Black woman leading a Fortune 500 company. Starbucks announced Tuesday …
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Small-business owners welcome Biden’s order to ‘Buy American’
Many small-business owners — especially those with government contracts — celebrated Monday’s news that President Joe Biden had signed legislation to tighten the “Buy American Act.” “Within a very short …
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Social media-driven trading frenzy for GameStop, AMC Entertainment sparks calls for scrutiny
Shares of GameStop and AMC Entertainment soared for a fourth day running on Wednesday, forcing hedge funds to retreat from heavy losses and sparking calls for scrutiny of a social …
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Goya board of directors censures CEO for comments about election fraud
Goya’s board of directors has reportedly voted to censure CEO Robert Unanue after he made unfounded public claims about voter fraud during the 2020 presidential election. On Inauguration Day on …
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Just 1 in 10 companies expect all employees to return to the office
Only about 1 in 10 companies expect all employees to return to their pre-pandemic work arrangements, according to a new survey. The National Association for Business Economics found that just …
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Biden’s push for electric vehicles could take funding away from infrastructure projects
President Joe Biden wants to replace the government’s fleet of almost 650,000 vehicles with all-electric models produced in the United States, simultaneously addressing both his climate change and manufacturing agenda. …
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Leon Black, billionaire co-founder and CEO of Apollo hedge fund, steps down after review of ties to Epstein
Leon Black, the co-founder and head of Apollo Global Management, one of Wall Street’s most prominent investment firms, is stepping down following an independent review of his ties to the …
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