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Enterprenuers

Macy’s CEO Jeff Gennette, who’s led the company’s turnaround effort, will retire next year

Jeff Gennette, CEO of Macy’s. Getty Images Macy’s CEO Jeff Gennette will retire early next year after a four-decade career…

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Enterprenuers

Bernie Sanders set to grill ex-Starbucks CEO Howard Schultz about alleged union busting

CEO of Starbucks Howard Schultz sits off stage to listen to soon to be Starbucks CEO Laxman Narasimhan at Investor…

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Enterprenuers

Virgin Orbit extends unpaid pause as Brown deal collapses, ‘dynamic’ talks continue

NEWQUAY, ENGLAND – JANUARY 09: A general view of Cosmic Girl, a Boeing 747-400 aircraft carrying the LauncherOne rocket under…

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Business

Disney layoffs will begin this week, CEO Bob Iger says in memo

Bob Iger, CEO, Disney, during CNBC interview, Feb. 9, 2023. Randy Shropshire | CNBC Disney will begin layoffs this week,…

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Enterprenuers

Chipotle to pay ex-employees $240,000 after closing Maine location that tried to unionize

Chipotle restaurant in Teterboro, New Jersey. SOPA Images | LightRocket | Getty Images Chipotle Mexican Grill has agreed to pay…

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Business

First Citizens soars more than 40% after buying large chunk of failed Silicon Valley Bank

Photo illustration, the Silicon Valley Bank logo is visible on a smartphone, with the stock market index in the background…

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Enterprenuers

Shrinking food stamp benefits for families mean yet another challenge for retailers

A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP For some…

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Business

The digital media rollup dream is dead for the moment — now it’s all about core brand strength

BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public…

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Enterprenuers

UAW members elect reform president, ousting incumbent, ahead of crucial auto negotiations

Shawn Fain, candidate for UAW president, is in a run-off election with incumbent Ray Curry for the union’s highest-ranking position.…

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Enterprenuers

Why there may be no return to ‘normal’ for the U.S. used vehicle market

Customers browse in a used car lot on February 15, 2023 in Glendale, California. Mario Tama | Getty Images All…

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