[ad_1] Tesla CEO Elon Musk secured financing for his $44 billion takeover bid of Twitter by pledging to slash jobs and executive pay, among other cost-cutting measures, according to a report. Musk also told lenders that he would maximize profitability at the social media platform by
[ad_1] A group of Republican-led states slammed Nasdaq’s implementation of a diversity disclosure rule for corporate boards this week, arguing in a court filing that the requirement is illegal and unconstitutional. The states outlined their position in a legal brief supporting a lawsuit in the Fifth
[ad_1] Whole Foods customers have voted with their wallets when it comes to the chain’s new $9.95 delivery fee. Orders have plummeted in the wake of the eye-popping charge, The Post has learned. The Amazon-owned grocer — for years dubbed “Whole Paycheck” because of its high
[ad_1] Citigroup is telling staffers in its New York City and New Jersey offices they can work from home through the holidays amid a surge in coronavirus cases. In a Thursday memo that was obtained by The Post, the bank said it is aiming to keep
[ad_1] The company that was set to buy the tequila company owned by Sex and the City star Chris Noth has called off the deal after two women accused the Mr. Big actor of sexual assault, The Post has learned. Noth’s tequila brand — called Ambhar
[ad_1] Ali Caravella’s last day of work as a human-resources executive was on July 31, 2020, when she resigned from a job she had once cherished. She closed her laptop in her home office in Connecticut at 4 p.m., having replied to every e-mail in her
[ad_1] Attorneys for Elizabeth Holmes made their last stand on Friday as jurors prepared to decide whether the Theranos founder is guilty of conspiracy and fraud. Federal prosecutors have portrayed Holmes as a crook and liar who defrauded investors out of nearly $1 billion and put
[ad_1] Boeing suspended its coronavirus vaccination requirement for U.S.-based employees, the U.S. planemaker said on Friday, capping weeks of uncertainty as thousands of workers sought exemptions and challenges to a federal mandate played out in court. In an internal announcement, Boeing said its decision came after a review of
[ad_1] A Goldman Sachs-sponsored car racing event for hedge-fund types in Palm Beach, Fla., was thrown into chaos last week after the track — owned by a Texas-based buyout firm — slammed the brakes at the last minute, sources told On The Money. About 30 financiers
[ad_1] Darden Restaurants said on Friday chief executive officer Eugene Lee Jr. would retire in May and be replaced by Ricardo Cardenas, its chief operating officer. Shares of the company, which owns Olive Garden and LongHorn Steakhouse, were down about 4% in late-morning trade. Lee, 60, has been the CEO of Darden for
