Foot Locker reported earnings as CEO Mary Dillon leads the legacy retailer through an ambitious turnaround. But some analysts say it has gone too slowly.
Month: March 2024
Meta Abandons Hacking Victims, Draining Law Enforcement Resources, Officials Say
A coalition of 41 state attorneys general says Meta is failing to assist Facebook and Instagram users whose accounts have been hacked—and they want the company to take “immediate action.”
Let’s Not Wait Until More People Die: Texas Attorney Amy Witherite Urges Caution Amid Driverless Truck Rollout
DALLAS–(BUSINESS WIRE)–As companies prepare to introduce driverless trucks onto the nation’s roads, Amy Witherite, a prominent Texas attorney and founder of Witherite Law Group, is sounding the alarm on potential safety risks associated with autonomous vehicle technology. With six states considering stricter regulations following instances of technology failures resulting in fatalities and serious injuries, Witherite is urging policymakers and industry leaders to prioritize safety above all e
Sumitomo Wiring divests 4.4% stake in Samvardhana Motherson for Rs 3,633 cr
According to the bulk deal data available with the National Stock Exchange (NSE), Sumitomo Wiring Systems sold a total of 30 crore shares, amounting to a 4.43 per cent stake in SAMIL
Back to the Office: 6 Best Tips to Hire Employees Locally
Returning to the office is a chance for businesses to strengthen ties with the community through strategic hiring. Create a strong workforce that contributes to organizational success and community development with these tips.
Location, location, location? Price eclipses previous buyer priority
Fifty-six percent of consumers surveyed by Coldwell Banker said that price is the most important factor for them when choosing a home, compared to 50 percent who said location was most important, casting doubt on the seasoned advice that location is everything in homebuying.
Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet
Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.
Second Century Ventures Opens Applications for 2024 REACH Commercial Program
The REACH Commercial program nurtures growth and innovative solutions within the proptech sector.
Argyle sees path to profitability with $30M Series C raise
Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund.
Bregal Milestone Unveils Allshares, a Pan-European Powerhouse in Compensation and Benefits, and Announces Majority Growth Investment to Acquire Evli Alexander Incentives
LONDON–(BUSINESS WIRE)–Bregal Milestone, a leading European software and technology growth private equity firm, today announced a majority growth investment in Evli Alexander Incentives (“EAI”), the former equity plan design and administration arm of Evli Group (“Evli”), a leading Nordic wealth manager. As part of the transaction, Evli will remain on as a minority strategic investor and EAI will rebrand as Allshares, a company with the goal of becoming the market leader in compensation and lo