Ken Frazier, one of the only Black Fortune 500 CEOs, is retiring
Merck CEO Kenneth Frazier, who is currently one of the few Black CEOs of a Fortune 500 company, is retiring in June, ending a nearly 30-year run with…
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Robinhood’s CEO is not licensed by Wall Street’s powerful self-regulator
Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street’s powerful self-regulator, even though he presides over one of the…
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The complicated legacy of Jeff Bezos
In 1997, the year Amazon became a publicly traded company, CEO Jeff Bezos promised investors they would be in for a journey. Amazon would not chase…
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Robinhood CEO Vlad Tenev is not licensed by FINRA. Should he be?
Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street’s powerful self-regulator, even though he presides over one of the…
Continue ReadingTrump’s private bankers left Deutsche Bank over a real estate deal
The private bankers responsible for lending to President Donald Trump and Jared Kushner resigned from Deutsche Bank last year following allegations…
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Commercial pilots blame pandemic downtime for in-flight mistakes
The steepest downturn in modern aviation history means plenty of airline pilots are spending weeks or months of the coronavirus pandemic idling at…
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Gun sales in January set a new record after Capitol Hill insurrection
The Capitol Hill insurrection and the inauguration of a Democratic president who campaigned on strengthening gun control measures helped the firearms…
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History shows the GameStop saga won’t end well
The recent battle between short-sellers and Reddit’s WallStreetBets crowd over the stocks of a handful of distressed companies has erupted into…
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Robinhood is buying a Super Bowl ad after its GameStop fiasco
Robinhood, the stock trading app that helped fuel GameStop mania and ended up in a PR crisis, is running a Super Bowl ad. The 30-second spot, which…
Continue ReadingPeeps will be back for Easter after a 9-month hiatus
After a pandemic break, Peeps are back in production for Easter. Candy maker Just Born Quality Confections announced Wednesday that the sugary treats…
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Newsmax anchor storms off set when MyPillow CEO voices election conspiracies
Newsmax anchor Bob Sellers repeatedly tried to cut off MyPillow CEO Mike Lindell in an interview Tuesday after the Trump-supporting executive spread…
Continue ReadingThese cities want to give grocery store workers hazard pay
Large grocery chains stopped giving their workers hazard pay for showing up to the job last year. Now, some cities on the West Coast are starting to…
Continue ReadingJeff Bezos has been halfway out the door for a while
“Jeff is not leaving.” That is what Amazon chief financial officer Brian Olsavsky told analysts on the company’s earnings call…
Continue ReadingJeff Bezos has been halfway out the door at Amazon for a while
“Jeff is not leaving.” That is what Amazon chief financial officer Brian Olsavsky told analysts on the company’s earnings call…
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She was stunned by Biden’s inauguration. How this South Carolina mom escaped QAnon
Ashley Vanderbilt says her four-year-old daughter Emmerson knew “something was wrong with her mom.” “I wasn’t one hundred…
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What makes Ford’s new F-150 Raptor pickup truck special isn’t under the hood
Ford revealed a redesigned version of its F-150 Raptor high-performance pickup truck Wednesday with a more squared-edged looks and a wider…
Continue ReadingElon Musk admits Tesla has quality problems
Critics have slammed Tesla for Model 3 quality issues for years. And now CEO Elon Musk is admitting even his harshest critic was right. In early 2018…
Continue ReadingAmerica’s inequality problem isn’t new. The pandemic is just emphasizing it
The pandemic is shining a spotlight on America’s inequality problem, but the nation’s economic playing field was far from level long…
Continue ReadingThere are no Black execs at the top of Britain’s biggest companies
The number of Black executives at the very top of the biggest companies on the London Stock Exchange has fallen to zero. There are no Black CEOs,…
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