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Ulta Beauty Taps Paula Oyibo as Next Finance Chief
  + stars: | 2023-12-01 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ulta-beauty-taps-paula-oyibo-as-next-finance-chief-0294ab25
Persons: Dow Jones, 0294ab25
The two appointments would temporarily expand Disney’s board of directors from 11 to 13 members. Photo: fred prouser/ReutersWalt Disney ’s board appointed Morgan Stanley Chief Executive James Gorman and former Sky CEO Jeremy Darroch as new directors as it faces the prospect of two separate shareholder challenges. Disney said the appointments reflect its commitment to a strong board focused on long-term performance, strategic growth initiatives, succession planning and increasing shareholder value. Chief Executive Bob Iger in recent weeks has told investors and employees that the company has begun building its future after a period of fixing problems.
Persons: fred prouser, Reuters Walt, Morgan, James Gorman, Jeremy Darroch, Disney, Bob Iger Organizations: Reuters, Reuters Walt Disney ’, Morgan Stanley, Sky
Match’s brands will pay standard rates of 15% on subscriptions and 30% for a la carte purchase for in-app transactions processed through Google’s payment system. Photo: Gabby Jones/Bloomberg NewsMatch Group and Alphabet -unit Google reached a binding term sheet for a settlement regarding their claims against each other in their legal battle. The online dating company said in a letter to shareholders that $40 million placed in escrow will be returned to Match and no other amount will be owed by the Match plaintiffs to Google. The parties agreed that by March 31, Match’s apps, which include Tinder and Hinge, will implement Google’s user choice billing.
Persons: Gabby Jones Organizations: Bloomberg, Match, Google
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/logitech-international-names-hanneke-faber-next-chief-executive-8b7bad08
Persons: Dow Jones, faber, 8b7bad08
Morgan Stanley gave Ted Pick, Andy Saperstein and Dan Simkowitz awards valued at $20 million each. Photo: Jeenah Moon/Bloomberg NewsMorgan Stanley awarded stock-based awards to its next chief executive officer and other leaders who were in the running for the top job. The bank gave Ted Pick , who succeeds longtime CEO James Gorman , Andy Saperstein and Dan Simkowitz awards valued at $20 million each, according to a regulatory filing. Each award consists of 60% performance stock units, while the rest are restricted-stock units that vest and convert into shares in 2027.
Persons: Morgan Stanley, Ted Pick, Andy Saperstein, Dan Simkowitz, Bloomberg News Morgan Stanley, James Gorman Organizations: Bloomberg News
Korn Ferry to Eliminate 8% of Workforce
  + stars: | 2023-10-27 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
Korn Ferry said it expects the workforce reduction to cut its annualized cost base in the range of $110 million and $120 million. Photo: Alex Slitz/Getty ImagesKorn Ferry plans to eliminate about 8% of its workforce, according to a regulatory filing Friday. The organizational consulting firm cited the challenging macroeconomic business environment given ongoing inflation, rising interest rates and global economic and geopolitical uncertainty.
Persons: Korn, Alex Slitz
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Persons: Dow Jones Organizations: paypal
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ups-to-buy-reverse-logistics-specialist-happy-returns-from-paypal-9a3ac420
Persons: Dow Jones Organizations: paypal
Tesla Received Subpoenas Over Autopilot System
  + stars: | 2023-10-23 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
A Tesla Model 3 using its driver-assistance system known as Autopilot. Photo: MIKE BLAKE/REUTERSThe Justice Department has requested additional information, including through subpoenas, from Tesla as it investigates the electric-vehicle manufacturer’s autopilot technology. Justice Department also requested information through subpoenas from Tesla regarding matters involving personal benefits, related parties, vehicle range and personnel decisions, the company disclosed in a regulatory filing Monday.
Persons: MIKE BLAKE Organizations: Tesla, Justice Locations: Tesla
A WSJ analysis of dashcam footage and data from a Texas crash shows Tesla’s Autopilot system failed to recognize stopped emergency vehicles. Photo illustration: Ryan TrefesFederal prosecutors have sent subpoenas to Tesla seeking information about executive perks, deals with related parties and decisions to hire or fire employees, the electric-vehicle maker disclosed Monday. Tesla’s quarterly report to investors confirmed the investigation previously reported by The Wall Street Journal. The Manhattan U.S. Attorney’s Office is scrutinizing personal benefits that Tesla may have provided Elon Musk since 2017, including a proposed house for the chief executive, the Journal reported in September.
Persons: Ryan, Tesla, Elon Musk Organizations: Wall Street, Manhattan U.S, Attorney’s Locations: Texas
A WSJ analysis of dashcam footage and data from a Texas crash shows Tesla’s Autopilot system failed to recognize stopped emergency vehicles. Photo illustration: Ryan TrefesThe Justice Department has requested additional information, including through subpoenas, from Tesla as it investigates the electric-vehicle manufacturer for a range of issues, including whether certain personal benefits might have been provided to Chief Executive Elon Musk. Federal prosecutors have sought information from Tesla regarding matters involving personal benefits, related parties, vehicle range and personnel decisions, the company disclosed in a regulatory filing Monday. The Justice Department is also requesting documents related to the company’s Autopilot technology.
Persons: Ryan Trefes, Elon Musk Organizations: Ryan Trefes The Justice, Chief, Federal, Justice Locations: Texas, Tesla
Klaviyo Shares Soar in Debut, Pointing to IPO Resurgence
  + stars: | 2023-09-20 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/klaviyo-shares-surge-in-trading-debut-6928fff2
Persons: Dow Jones, 6928fff2
Kroger Swings to Loss on Opioid Settlement
  + stars: | 2023-09-08 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: kroger, kr
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/kroger-kr-2q-earnings-report-2023-e40fab70
Persons: Dow Jones Organizations: kroger, kr
Denny Jacob — Reporter at The Wall Street Journal
  + stars: | 2023-08-26 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
Denny JacobDenny Jacob covers breaking financial news for The Wall Street Journal. He has a master’s degree from the Craig Newmark Graduate School of Journalism at CUNY. Email him at denny.jacob@wsj.com or follow him on Twitter: @pennedbyden.
Persons: Denny Jacob Denny Jacob, Craig Newmark Organizations: Wall Street, Craig Newmark Graduate School of Journalism, CUNY, Twitter
Dating Apps Put a Hefty Price Tag on Finding Love
  + stars: | 2023-08-26 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/esmark-bids-for-u-s-steel-setting-up-potential-battle-for-storied-steelmaker-1fba817d
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/anheuser-busch-selling-shock-top-blue-point-to-cannabis-company-tilray-458a7285
Persons: Dow Jones Organizations: anheuser, busch
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Persons: Dow Jones
AMC Drops Plan to Charge More for Better Seats
  + stars: | 2023-07-20 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
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Persons: Dow Jones
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Persons: Dow Jones, 41f0fe33
DocuSign Shares Climb With Turnaround Efforts Under Way
  + stars: | 2023-06-08 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/disney-sees-potential-1-9-billion-charge-from-removing-streaming-content-7999b2d6
Persons: Dow Jones
DoorDash Sales Soar as Consumers Stick With Deliveries
  + stars: | 2023-05-05 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
DoorDash delivers goods from restaurants and other businesses. Glasheen/USA TODAY NETWORK-Wisconsin/ReutersDoorDash sales surged in the latest quarter as consumers continued to rely on online deliveries for food and household items against a backdrop of higher prices and an economy showing signs of slowing down. The food-delivery company’s revenue grew 40% to $2.04 billion in the first quarter from $1.46 billion a year earlier. Analysts polled by FactSet expected $1.93 billion.
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