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The Latest Breaking News from Company

More than a department store: The long, complicated legacy behind Hudson’s Bay Company

The bankruptcy of the Hudson’s Bay Company (HBC) is often framed as the fall of “Canada’s oldest company.” Media narratives typically treat HBC as if it were a straightforward retail firm, albeit one with an exceptionally long history.

The Conversation

Trump may sell $2billion worth of stock in his media company

President’s media company has registered his more than $2 billion worth of shares with the SEC for potential sale

The Independent UK

GoPro CEO refuses his own salary as company continues cutting costs. What's next for the action camera giant?

In ongoing cost-cutting measures, GoPro founder Nick Woodman won't take his salary for the remainder of the year

Digital Camera World

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read the most diverse news in one place.

The best theatre to stream this month: Macbeth, Life of Pi, Playhouse Creatures and more

David Tennant and Cush Jumbo in Shakespeare’s tragedy, a puppet-powered transformation for Yann Martel’s novel and Anna Chancellor in a Restoration-era comedy are among this month’s highlights

The Guardian - UK

Thames Water's finance chief departs at crucial stage of survival battle

Alastair Cochran steps down next week after more than three years with the utility

Evening Standard

GameStop stock slides 23% after announcing strategy shift and plans to buy $1.3 billion worth of Bitcoin

The company also plans to close a “significant number” of its stores in coming months.

Fortune

Becton, Dickinson, and Company Stock: Is BDX Underperforming the Healthcare Sector?

Becton, Dickinson and Company has lagged behind the broader healthcare sector recently, yet Wall Street analysts remain highly optimistic about its future growth potential.

Barchart

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Model railway maker Hornby becomes latest company to quit struggling Aim

The number of companies listed on London’s junior market has fallen from a high of almost 1,700 in 2007 to about 679

Evening Standard

Kroger CEO Rodney McMullen resigns

Board member Ronald Sargent will serve as Chairman of the Board of Directors and interim Chief Executive Officer

Salon

Amgen Stock: Is AMGN Outperforming the Healthcare Sector?

Amgen has outperformed the healthcare sector over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

Iconic visual effects studio Technicolor begins shutting down operations

Majority of the Group’s 440 workers in UK have been ‘made redundant’, company says

The Independent UK

EV Vehicle Maker Nikola Files For Bankruptcy Protection: 'Our Very Best Efforts Have Not Been Enough'

The company says it has faced significant challenges.

International Business Times

Controversial firm promotes 'Donald Trump' inspired Highland cow adoption

A SOUVENIR company has been criticised after promoting its latest “gimmick” of adopting a Highland cow which has been named after Donald Trump…

The National (Scotland)

Southwest Airlines Layoff Staff For The First Time In Company's History: Over 1500 Jobs To Be Cut By April

Southwest Airlines, facing challenges and pressure from investors, will cut 1,750 corporate jobs—its first-ever layoffs—to save millions.

International Business Times UK

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The Independent UK

Vince McMahon's lawyer was wrong to withhold documents sought by grand jury, court rules

A federal appeals court has ruled that a former lawyer for pro-wrestling impresario Vince McMahon was wrong to withhold some documents from a federal grand jury

Fortune

Your company’s next DEI battle will be fought at the shareholder meeting

These are the DEI shareholder votes coming up in 2025.

TechRadar

HPE starts contacting victims of 2023 Russian cyberattack

Russian attackers took plenty of sensitive data from a limited number of accounts.

Latin Times

Costco Rejects Anti-DEI Trend, Votes to Keep Diversity Policies in Place: 'An Enterprise Rooted in Respect and Inclusion'

Costco's shareholders overwhelmingly voted against a proposal that would scale back the company's diversity, equity and inclusion efforts.

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news in one place.

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The Independent UK

Costco remains committed to DEI. Its CEO told a critic ‘I am not prepared to change’

The company believes DEI initiatives help its bottom line

PC Gamer

Tencent says it's not a Chinese military company and is willing to sue the US Department of Defense if it isn't removed from a blacklist

The conglomerate was one of several Chinese companies given the designation at the start of the year.

Reason

Shareholder Derivative Lawsuit Against Fox Officers and Directors Over Fox $787M Libel Settlement Can Go Forward

"[T]he complaint alleges facts sufficient to raise a reasonable doubt that at least three other directors lack independence from Murdoch."

The Independent UK

Costco shuts down shareholders demand to ditch DEI hiring practices

‘Our Board has considered this proposal and believes that our commitment to an enterprise rooted in respect and inclusion is appropriate and necessary,’ Costco stated

The Independent UK

Walmart accused of illegally forcing over 1 million of its drivers to open bank accounts

Walmart called the lawsuit factually inaccurate and said the agency didn’t give the company a fair chance to present their case

International Business Times

Nordstrom Family Buys Back Store Chain With Help From Mexican Retail Group

Nordstrom common shareholders will receive $24.25 in cash for each share they hold, a premium of about 42% on the company's closing common stock price as of March 18, 2024.

GamesRadar

Staff at FromSoftware parent company reportedly "thrilled" to see Sony in talks to buy them, but one analyst says the sale would be a "bad choice" for the house of Elden Ring

Kadokawa would "lose its independence" if it was acquired, one analyst says

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