EU News Digest Latest News & Updates
Karl Merton Ferron | Tribune News Service | Getty Images Officials escort ‘Serial’ podcast subject Adnan Syed from the courthouse on Feb. 3, 2016, following the completion of the first day of hearings for a retrial in Baltimore. Maryland’s highest court has denied a new trial for a man whose …
Read More »Two longest tenured GE board members retiring with no replacements
Vincent Kessler | Reuters The logo of General Electric is pictured at the company’s site of its energy branch in Belfort, France, February 5, 2019. General Electric will ask shareholders this year to nominate only 10 directors to the company’s board, as GE’s two longest tenured directors will be retiring, …
Read More »‘Paying higher taxes is not a bad thing’
Patrick T. Fallon | Bloomberg | Getty Images Priscilla Chan, co-founder of the Chan Zuckerberg Initiative Priscilla Chan, co-founder of the Chan Zuckerberg Initiative and the wife of Facebook CEO Mark Zuckerberg, on Friday said made comments in support of higher taxes for the wealthy. “For people who can afford …
Read More »Eventbrite plunges after revealing Ticketfly merger challenges
Brendan McDermid | Reuters Eventbrite CEO Julia Hartz speaks during an interview with CNBC following the company’s IPO at the New York Stock Exchange (NYSE), September 20, 2018. Eventbrite shed a third of its value Friday after revealing operational challenges around its Ticketfly acquisition. The stock traded below its IPO …
Read More »Insys says Lazard hired to advise on options, in talks to divest Subsys
Craig F. Walker | Boston Globe | Getty Images John N. Kapoor, left, a defendant in the Insys trial, departs the John Joseph Moakley United States Courthouse in Boston on Jan. 29, 2019. Insys Therapeutics said it tapped Lazard to advise the drugmaker on its plans to explore strategic options …
Read More »Costco beats profit estimates as margin pressures ease, shares rise
Scott McIntyre | Bloomberg | Getty Images Customers push shopping carts while entering a Costco Wholesale store in Miami, Florida. But Chief Financial Officer Richard Galanti played down expectations of easing competition in the grocery space. “I believe there is little less pricing pressure… But don’t get me wrong. As …
Read More »Deutsche Bank, Commerzbank CEOs reportedly resume talks over potential merger
Kai Pfaffenbach | Reuters Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany. Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported …
Read More »Facebook removes fake accounts that tried to stir hate in UK, Romania
Justin Sullivan | Getty Images Mark Zuckerberg, CEO, Facebook Facebook says it removed fake accounts that spread articles, videos and memes aimed at inciting hate and political division in Britain and Romania. The social media giant said in a blog post Thursday evening on its blog that it took down …
Read More »JP Morgan finds more gender diversity on boards in 2018
Mandel Ngan | AFP | Getty Images Lawmakers attend US President Donald Trump’s State of the Union address at the US Capitol in Washington, DC, on February 5, 2019. – Women from both political parties wore white outfits tonight at the behest of the Democratic Womens Working Group to honor …
Read More »LaCroix maker National Beverage blames poor earnings on injustice
Vivien Killilea | Getty Images Entertainment | Getty Images LaCroix Sparkling Water at the EcoLuxe Lounge in Park City, Utah. Shares of National Beverage Corp., the maker of popular seltzer water LaCroix, skidded 16 percent after CEO Nick Caporella blamed a drop in sales and profit on “injustice.” The company’s …
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