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☆ Griselda Blanco's Son Michael Corleone Blanco Is Taking His Family Legacy Legit
▼ + stars: | 2024-02-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +13 min

There was a time when Michael Corleone Blanco didn't want to hear the name Billy Corben, let alone sit across from him. AdvertisementBut Michael Corleone Blanco, the famed drug kingpin's only surviving son, learned quickly that true-crime fame is a double-edged sword. It was probably between the release of "Cocaine Cowboys" and "Cocaine Cowboys 2." I knew that one day, the Griselda Blanco story and the Blanco family story would have to be told, and with them already telling some of the story, it was going to help me out. AdvertisementSofia Vergara as Griselda Blanco in "Griselda."

Persons: Michael Corleone Blanco didn't, Billy Corben, Griselda Blanco —, Sofia Vergara, Catherine Zeta, Jones, Michael Corleone Blanco, Corben, — Blanco, Blanco, Alfred Spellman, David Cypkin, Griselda, Michael didn't, Billy, Michael, Griselda Blanco, Alfred, Dave, Mr, La Madrina, Elizabeth Morris, Netflix Billy, Sofia Vergara's, Zilah Mendoza, Al Capone, There's, She's, Michael Corleone, Corleone, I've Organizations: Cocaine, Netflix, Business, Corben, Cocaine Cowboys, Colony Theatre, The, Instagram Locations: Miami, Hollywood, Colombia, Blanco, South

☆ Griselda Blanco's only surviving son watched the Netflix series about her and thinks his family 'deserved a little more'
▼ + stars: | 2024-02-06 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Griselda Blanco's surviving son has spoken out about the Netflix series for the first time. The six-episode podcast "The Real Griselda," hosted by "Cocaine Cowboys" director Billy Corben, premiered on Tuesday. He said that after watching the series he believes his family "deserved a little more." AdvertisementOn the heels of Netflix's "Griselda," based on the life of Miami's "godmother of cocaine" Griselda Blanco, her only surviving son is speaking out for the first time about his thoughts on the hit series. AdvertisementBefore "Griselda" premiered, Michael sued Netflix and Vergara in an attempt to stop the streamer from releasing the series.

Persons: Griselda Blanco's, Griselda, Billy Corben, —, Miami's, Griselda Blanco, Michael Corleone Blanco, Corben, I'm, Blanco, Sofia Vergara, Michael, Nobody, — Dixon, Osvaldo, Uber —, Vergara Organizations: Netflix, Cocaine Cowboys, Service, Business Locations: Miami, New York City, Medellín, Colombia

☆ 15 of the best modern Shakespeare adaptations to watch now
▼ + stars: | 2024-01-30 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: 1 min

"Anyone but You" incorporates direct quotes from "Much Ado About Nothing." Brook Rushton/SonyIt wasn't marketed as such, but 2023's "Anyone but You" is a relatively straightforward adaptation of "Much Ado About Nothing," Shakespeare's comedy about scheming and falling in love. The main characters are named Ben (Glen Powell) and Bea (Sydney Sweeney) after Benedick and Beatrice from the play. That line is from the first scene of "Much Ado About Nothing" and spoken by Don Pedro. In the film, Don Pedro is turned into Pete, Ben's best friend.

Persons: Brook Rushton, Glen Powell, Bea, Sydney Sweeney, Beatrice, Ben, Don Pedro, Ben's Organizations: Sony

☆ What to know about Michelle Keegan, the British star of Netflix's hit thriller 'Fool Me Once'
▼ + stars: | 2024-01-17 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Michelle Keegan leads Netflix's new thriller "Fool Me Once." Based on Harlan Coben's book, it follows a grieving widow who sees her dead husband on a nanny cam. Here's what you need to know about Keegan. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Many fans were also left wanting more of Keegan, the thriller's captivating lead.

Persons: Michelle Keegan, Netflix's, Harlan Coben's, —, Harlan Coben, Maya Stern, Joe, Richard Armitage, Maya, Keegan Organizations: Keegan, Service

☆ Activist investor Ubben shutting down Inclusive Capital-sources
▼ + stars: | 2023-11-29 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +4 min

Jeffrey Ubben, Founder & CEO at ValueAct Capital, speaks on the Reuters Newsmaker event "The Future of Shareholder Activism" in Manhattan, New York, U.S., February 22, 2017. Ubben told investors in a memo he was winding down some funds and returning capital, two people familiar with the matter said on Wednesday. Ubben and Inclusive Capital, known as InCap, did not respond to calls and emails for comment. Last year more hedge funds closed their doors than launched, data from Hedge Fund Research show. More than two decades ago, Ubben, 61, who started his career at mutual fund giant Fidelity, founded ValueAct Capital in San Francisco.

Persons: Jeffrey Ubben, Andrew Kelly, Jeff Ubben, Ubben, InCap, Martha Stewart, John Paulson, Louis Bacon, Svea Herbst, Bayliss, Sabrina Valle, Josie Kao Organizations: ValueAct, Reuters, REUTERS, Capital Partners, Inclusive, Hedge Fund Research, Fidelity, Microsoft, Street Journal, Exxon, Rad Laboratories, Unifi Inc, Bayer, Svea, Thomson Locations: Manhattan , New York, U.S, San Francisco, Houston

☆ A podcast host who's interviewed hundreds of CEOs, millionaires, and real-estate investors shares 3 traits of highly successful individuals
▼ + stars: | 2023-11-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

The podcast host and business coach hosts a daily podcast, " The Action Academy ," that features CEOs of major companies, millionaire entrepreneurs, and real-estate investors who have built robust portfolios. Then, they're not afraid to ask questions, ask for help, or ask someone to partner with or mentor them. "You start with a specific problem, you show proof of action, and you ask for specific help," said Luebben. "They look at the life that they want, their dream life, and they say, 'How much does this cost me a month? Okay, what do I need to do to generate the $10,000 that's required for me to live this dream life?'

Persons: Brian Luebben's, that's, Luebben, he'd, they've, they're, Brian Luebben, you've, They're Organizations: Academy Locations: America

☆ A financially independent podcaster breaks down the 2 main ways to make money podcasting — and how he turned it into a business that replaced his six-figure day job
▼ + stars: | 2023-11-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

His peer pushed back and Luebben started tossing around ideas on his trip home from the event. The newfound revenue stream helped him save up enough money to feel comfortable quitting his six-figure sales job in March 2022. He broke down the two main ways to make money podcasting, and how he turned his podcast into a six-figure business that replaced his 9-to-5 income. How to make money from podcasting: Affiliate linking and advertisingThere are two main ways to make money from a podcast: affiliate linking, which is what Luebben did, and ads. To grow a podcast audience you first have to commit to uploading episodes consistently.

Persons: Brian Luebben, Luebben, I'm, he'd, Academy didn't, He's, I'd, you'd, Joe Rogan, he's, That'll Organizations: Action Academy, Academy, NEC, Action Academy Community, Athletic Greens

☆ Risks in China aren't materially any different today than last 2-3 decades: Z-Ben's Peter Alexander
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRisks in China aren't materially any different today than last 2-3 decades: Z-Ben's Peter AlexanderPeter Alexander, Z-Ben Advisors founder and managing director, joins 'Squawk Box' to discuss the state of U.S.-China relations,

Persons: Peter Alexander Peter Alexander Organizations: Ben Advisors Locations: China, U.S

Goodwin is the CEO and formulator of Olipop, a "healthier" prebiotic soda on track to surpass $200 million in sales by the end of the year. Here's how Goodwin and Lester turned a $100,000 investment into a multimillion-dollar business capable of selling $20 million worth of soda a month. They agreed to meet at a coffee shop in Palo Alto in early 2013 to discuss a potential partnership in Ben's probiotic soda company – Obi. However, Obi didn't see the success and traction they'd hoped for, and in 2016, Goodwin and Lester sold Obi. Ben Goodwin and David Lester became partners in Goodwin's probiotic soda company, Obi, in 2013.

Persons: Ben Goodwin, Goodwin, David Lester, Olipop, Lester, Gen Z, gravitate, I'd, Gary Erickson, Jes Gallegos, Jim Ilehder, São Paulo, Ben, – Obi, David, Van Leeuwen, Obi, Obi didn't, hadn't, would've, Gwyneth Paltrow, Mindy Kaling, Jonas, Joe, Nick, Kevin, they've Organizations: CNBC, University of California, Clif, Hardware, Diageo, U.S . Midwest, Target, Walmart Locations: Northern California, Santa Cruz, TikTok, University of California Santa Cruz, San Francisco, Palo Alto, Ben's, Santa, probiotics, Jerusalem, U.S, Washington

☆ Imitation is flattery, says Shelton, after Djokovic copies phone celebration
▼ + stars: | 2023-09-09 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

The veteran Djokovic held off a late-match surge from the 20-year-old to reach his 10th U.S. Open final before he mimed answering the phone - and hanging up - to subvert the viral post-win gesture that Shelton has used in New York. "I just love Ben's celebration," Djokovic told reporters with a grin. "I think if you win the match, you deserve to do whatever you want," said Shelton. "It's kind of like I'm saying I'm dialed in," Shelton explained earlier in the tournament, when asked about the celebration. A lot of positives to take away for the rest of the year and going into next year," said Shelton.

Persons: Ben Shelton, Serbia's Novak Djokovic, Mike Segar, Novak Djokovic, Ben, American's, Djokovic, Shelton, Grant Holloway, I'm, Tommy Paul, Frances Tiafoe, Amy Tennery, Stephen Coates Organizations: Tennis, Serbia's Novak Djokovic REUTERS, Thomson Locations: Flushing Meadows , New York, United States, U.S, New York

☆ Activists ease up on Salesforce — plus, 10 other Club stocks traded by Wall Street pros
▼ + stars: | 2023-08-16 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +10 min

The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. His firm still owned about 2 million Salesforce shares as of June 30. Tepper also bought 2.3 million shares of Advanced Micro Devices (AMD) and 480,000 shares of Apple (AAPL) during the second quarter. As a result, Appaloosa's holdings as of mid-August may differ significantly from the conclusion of the second quarter. GOOGL YTD mountain Alphabet YTD performance Bets on Google's parent company, Alphabet (GOOGL), varied in the second quarter.

Persons: Dan Loeb's, Jeff Smith's, Salesforce, Jeffrey, Starboard's Jeff Smith, Smith, he's, 13Fs, it's, Marc Benioff, Mason Morfit, Paul Singer's Elliott, Elliott, Elliott —, Nelson Peltz's, Bob Iger, Peltz, David Tepper, Tepper, Bill Ackman's, Seth Klarman, Loeb, Klarman, Stanley Druckenmiller, Druckenmiller, Eli Lilly, That's, Jim Cramer's, Jim Cramer, Jim, Kim Kulish Organizations: Inclusive Capital, CNBC, Paul Singer's Elliott Management, Constellation, Club, Constellation Brands, Corona, Modelo, DIS, Disney, Management, Walt Disney Co, Peltz, Nvidia, Appaloosa Management, Microsoft, Micro Devices, Apple, AMD, Bill Ackman's Pershing, Capital Management, Oracle, Duquesne Family Office, Jim Cramer's Charitable, Corbis, Getty Locations: Salesforce, Tuesday's

☆ Insight: What happens when a $2 million gene therapy is not enough
▼ + stars: | 2023-08-12 | by ( Deena Beasley | ) www.reuters.com time to read: +13 min

Their experience raises broader questions around other high-cost gene therapies coming to market, sometimes after accelerated regulatory approvals, drug pricing experts said. Gene therapies work by replacing genes – the body's blueprint for its development. The gene Zolgensma delivers instructs the body to make a protein vital for muscle control. If gene therapies do fall short, it becomes harder to justify prices that researchers have argued are already poor value. More recently, the first hemophilia gene therapy approved by the U.S. Food and Drug Administration was priced by CSL Behring at $3.5 million; 26 more gene therapies are in late-stage development, according to IQVIA.

Persons: Elizabeth Kutschke, Ben, Zolgensma, Ben Kutschke, neurologists, Sitra Tauscher, Wisniewski, Ben's, Roger Hajjar, Brigham Gene, Kutschke, Vasant Narasimhan, Stacie Dusetzina, Roche's, Biogen, Roche, Maha Radhakrishnan, Steven Pearson, It's, Sree Chaguturu, Amanda Cook, Weston, Jackson, Cook, Elizabeth, Jerry Mendell, Russell Butterfield, –, Biogen's, Mendell, UMR, Spinraza, Eric Cox, Caroline Humer, Sara Ledwith Organizations: Reuters, U.S, Novartis, IQVIA Institute, Human Data, Novartis Gene Therapies, Mass, Cell Therapy, U.S . Food, Drug Administration, CSL Behring, CSL, Nashville's Vanderbilt University School of Medicine, Clinical, Economic, CVS Health, Aetna, SMA, Nationwide Children's Hospital, University of Utah Health, Children's, UnitedHealth, Thomson Locations: Oak Park, Berwyn , Illinois, Swiss, U.S, Lebanon , Virginia, United States, Columbus , Ohio, Russia, Kazakhstan, Chicago

☆ How Van Leeuwen turned a $60,000 investment into a $300,000-a-day ice cream empire
▼ + stars: | 2023-08-10 | by ( Nicolas Vega | ) www.cnbc.com time to read: +8 min

An introduction to ice creamBen Van Leeuwen earned money in college by driving a Good Humor ice cream truck. From left: Ben Van Leeuwen, Pete Van Leeuwen and Laura O'Neill. Van Leeuwen Ice CreamDespite their best efforts, they were only able to raise a total of $60,000 from 15 friends and family members. Van Leeuwen Ice CreamVan Leeuwen Ice Cream was a hit from day one. Van Leeuwen Ice Cream CEO and co-founder Ben Van Leeuwen at a Williamsburg, Brooklyn scoop shop.

Persons: Ben Van Leeuwen, Ben, Van, Van Leeuwen, Leeuwen, SpongeBob, hadn't, I'm, Pete, Laura O'Neill, Thomas Keller's, Laura, Pete Van Leeuwen, Van Leewen, There's, it's, Van Leeuwen's, Lauren Shamo, Tasia Jensen Organizations: CNBC, Walmart, Foods, Mister, eBay, Subaru Impreza, Prince, Kraft, Cream Locations: Washington ,, Van Leeuwen, Greenpoint , Brooklyn, New York, SoHo, Southeast Asia, Europe, Spain, Italy, France, American, New York City, York, Bronx, Greene, Van, Greenpoint, Brooklyn, Williamsburg , Brooklyn

☆ Exclusive: ValueAct names Hale co-CEO, announces partner departures, strong gains
▼ + stars: | 2023-08-04 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

At the same time, ValueAct told investors in a letter seen by Reuters that three partners, including the firm's president Brandon Boze, are leaving. Boze will retire from the firm in 2024 and partners Dylan Haggart and Sarah Coyne will leave. ValueAct also pushed to replace four Seven & i Holdings directors with its own candidates this year, a campaign rejected by shareholders. "Rob has built what we believe is the premiere engagement investing franchise in Japan," the letter said. ValueAct said Coyne identified long-term super cycles as the market reached to short term datapoints.

Persons: Robert Hale, Mason Morfit, ValueAct, Brandon Boze, Boze, Dylan Haggart, Sarah Coyne, Morfit, Jeff Ubben, Hale, Rob, Haggart, Coyne, Svea Herbst, Bayliss, Nick Zieminski Organizations: Reuters, Microsoft, San, Fund, Japan Fund, Olympus, Holdings, Elliott Investment Management, Ubben's Inclusive, Spotify, New York Times, Svea, Thomson Locations: Japan, San Francisco, Seagate, Salesforce

☆ Paul Reubens, actor who played Pee-wee Herman, dies at 70
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

[1/6] Actor Paul Reubens accepts an award as his character Pee-wee Herman during the 10th Anniversary TV Land Awards in New York April 14, 2012. REUTERS/Eric ThayerJuly 31 (Reuters) - Paul Reubens, the actor who played Pee-wee Herman, a nerdy character who wore a gray suit and red bowtie while delighting children and adults alike with his distinctive "heh heh heh" laugh, has died, a post on his Instagram account said on Monday. Reubens, 70, died overnight after a years-long battle with cancer, the post said. In 1982, Ruebens appeared in a popular stage show in Los Angeles known as "The Pee-wee Herman Show" as the lead character, which he developed. In 1986, the Saturday morning television show "Pee-wee’s Playhouse" debuted, launching Rueben's career that also included two feature films as Pee-wee Herman.

Persons: Paul Reubens, Herman, Eric Thayer, Reubens, Ruebens, Paul Rubensfeld, Brendan O'Brien, Lisa Shumaker Organizations: REUTERS, Los, Saturday, Thomson Locations: New York, Los Angeles, Peekskill , New York, Chicago

☆ Take a look inside the factory fueling candy giant Mars' $1 billion ice cream ambitions
▼ + stars: | 2023-06-25 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Mars has also been expanding its portfolio, rolling out new flavors such as M&M's Cookies and Cream Ice Cream Cookie Sandwiches and Twix Cookie Dough Ice Cream. Mars' ice cream goals hinge on the old and the newMars entered the ice cream category in 1986 when it bought Dove, then known just for its ice cream bars before the candy company expanded it into chocolate. "We don't have the biggest ice cream brands, but we do believe we have the biggest brands in ice cream," Shaf Lalani, the U.S. head of Mars Ice Cream, told CNBC. "Mars Inc. ice cream brands face hefty competition, being ranks away from the leading spot in the U.S. ice cream market," said Carl Quash, Euromonitor's head of food and nutrition research. Twix Ice Cream is the fastest-growing product in the company's ice cream portfolio.

Persons: Mars, Anton Vincent, hasn't, General Mills, Bell, Carl, Lalani, — Organizations: Mars, Kind, Kind North America, National Football League, Cream, CNBC, U.S, Euromonitor, Haagen, Unilever, Mars Inc, Tru Locations: Burr Ridge , Illinois, Mars Wrigley North America, U.S, , Illinois, Kind North

☆ How Wall Street pros traded 7 of our Club stocks, including Salesforce, in the first quarter
▼ + stars: | 2023-05-16 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

Lots of Club holdings, including Nvidia (NVDA) and Alphabet (GOOGL), were among the stocks traded by some of Wall Street's biggest investors and money managers in the first quarter. That firm, Jeffrey Ubben's Inclusive Capital, had owned 1.63 million Salesforce shares at the end of December, worth nearly $217 million at the time. Jeff Smith's Starboard Value also sold some Salesforce shares in Q1, leaving the firm with 2.5 million shares at the end of March. Mason Morfit's ValueAct Capital amplified its Salesforce stake in the first quarter, ending with 3.5 million shares, up from just 560,221 shares at the end of 2022. Loeb's Third Point amassed 4.75 million shares of Alphabet, worth $492.7 million at the end of the first quarter.

☆ Salesforce says Elliott will not nominate directors to board
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

March 27 (Reuters) - Salesforce Inc (CRM.N) said on Monday activist investor Elliott Management Corp has decided to not proceed with director nominations to the board of the cloud-based software provider, due to its strong earnings and 2024 transformation initiatives. "Salesforce and Elliott have committed to continue the productive working relationship they have developed together," a joint statement from the companies said. Earlier this month, Reuters reported Elliott nominated a slate of directors to Salesforce's board. Elliott unveiled its multi-billion dollar stake in Salesforce January. Other hedge funds with stakes include Jeff Ubben's Inclusive Capital Partners, Jeff Smith's Starboard Value, ValueAct Capital and Third Point.

☆ Inclusive Capital's Ubben named to Vistry board as homebuilder looks to leverage recent acquisition
▼ + stars: | 2023-03-25 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

As a pioneering activist ESG investor (AESG), Inclusive seeks long-term shareholder value through active partnership with companies whose core businesses contribute solutions to this pursuit. Their primary focus is on environmental and social value creation, which leads to shareholder value creation. They build communities that are mixed tenure, placing affordable housing among open market homes, retail stores, etc. This model has the benefits of a secular shift to affordable housing and is capex light since they do not have to acquire the land. But, in this case the community benefits align so perfectly with the company growth prospects – topline company growth means more affordable housing.

☆ Don't act on new activist push for board seats at Salesforce before earnings, Benioff reaction
▼ + stars: | 2023-03-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Hedge fund Elliott Management's decision to nominate candidates for Salesforce 's (CRM) board represents an escalation of the activist agitation at the Club holding. The Club generally believes activists' wishes for cost-cutting at Salesforce are positive, as long as Benioff remains at the helm. It's unclear whether Elliott is nominating two or three candidates for Salesforce's board, according to CNBC's David Faber, who broke the story Wednesday morning . Benioff is chairman of Salesforce's board. However, we don't want the activist pressure at Salesforce to cause Benioff to depart the company.

☆ Cramer sees a 'good chance' Salesforce's Benioff will soon announce succession plans
▼ + stars: | 2023-02-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Jim Cramer suggested Saturday that plans for a leadership change at Club holding Salesforce (CRM) — helmed by co-founder Marc Benioff for more than two decades — may be disclosed in the near future. CRM YTD mountain Salesforce (CRM) YTD performance In early January, Salesforce announced a cost-cutting plan that included layoffs and office space reductions — moves that Jim has said were pushed for by Starboard . While Benioff has said he's "never leaving" Salesforce , the company has twice elevated an executive to the role of co-CEO. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Marc Benioff, founder, chairman and CEO of enterprise cloud computing company Salesforce.

☆ Here's how Wall Street pros traded 13 Club stocks last quarter, including Salesforce and Disney
▼ + stars: | 2023-02-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Big-name investors and hedge funds made moves in Club holdings Disney (DIS), Nvidia (NVDA) and TJX Companies (TJX) in the fourth quarter. Starboard's position stood at 3.03 million shares — valued at $401.22 million — at the end of the fourth quarter, according to the firm's 13F. Inclusive's 1.63 million shares were worth $216.77 million and ValueAct's 560,221 shares carried a market value of $74.28 million. CRM YTD mountain Salesforce (CRM) YTD performance In addition to Salesforce, a number of other Club holdings appeared in hedge funds' quarterly disclosures. Some of the activists swarming at Salesforce have positions in other Club holdings and made changes to them during the fourth quarter.

☆ Salesforce, activist investor Elliott may soon reach deal - sources
▼ + stars: | 2023-02-17 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Feb 17 (Reuters) - Cloud-based software firm Salesforce Inc (CRM.N) and activist investor Elliott Management Corp are in discussions to reach an agreement that may end a possible board challenge, according to two people familiar with the matter. The battle at Salesforce has pitted Elliott as well as other activist investors against Marc Benioff, one of Silicon Valley's most iconic chief executives. Salesforce's growth has slowed dramatically in recent quarters and last month the company said it would cut 10% of jobs to address its performance. Representatives for Salesforce and Elliott declined to comment. Elliott too has long invested in technology companies and in the past reached settlements for board seats with companies including Pinterest (PINS.N), Twitter and eBay (EBAY.O).

☆ Salesforce engineers are about to be hit with new performance metrics, while some salespeople are being pressured to quit
▼ + stars: | 2023-02-14 | by ( Ellen Thomas | Ashley Stewart | ) www.businessinsider.com time to read: +8 min

Some Salesforce employees have been offered a "Prompt Exit Package" instead of a layoff, with less severance. Employees say the company is ratcheting up performance expectations as activist investors invade. "The company is pushing hard for productivity tracking and metrics on all facets," one employee told Insider. Salesforce cut a few hundred salespeople in November, a person familiar with the matter told Insider, and the company told Insider the cuts were made for "accountability," implying that performance was a consideration. In some cases, the company has presented employees with PEP offers in the same week it has executed mass layoffs, employees told Insider.

☆ Stocks making the biggest moves midday: Sonos, Salesforce, Disney, Credit Suisse and more
▼ + stars: | 2023-02-09 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Sonos — Shares surged 17% after Sonos reported a big beat in its fiscal first-quarter results. The audio products developer posted per-share earnings of 57 cents, compared to consensus estimates of 40 cents per share, according to Refinitiv. Affirm Holdings — The buy now, pay later finance company slumped 20% a day after its fiscal second-quarter earnings and revenue missed analysts' estimates, according to Refinitiv. Revenue and earnings were both below analysts' estimates, according to Refinitiv. Credit Suisse Group — Shares plunged 14% after the Swiss bank reported a fourth-quarter and annual net loss that missed estimates, according to Eikon.

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