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Tom Shannon - 1 Shannon - 1 CNBC's - 1 Jim Cramer - 1 Bowlero - 1 Cramer - 1
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Search resuls for: "Tom Shannon"


2 mentions found


☆ Bowlero CEO calls discrimination claims made in EEOC investigation 'absurd'
  + stars: | 2023-06-15 | by ( Jacob Pramuk | ) www.cnbc.com   time to read: +1 min
Bowlero CEO Tom Shannon on Wednesday called discrimination claims against the fast-growing bowling alley operator "absurd," but acknowledged the federal probe into those allegations may have hurt its stock price. They don't pass any common sense," Shannon told CNBC's "Mad Money with Jim Cramer." Equal Employment Opportunity Commission in January proposed to settle its sprawling investigation into age discrimination and retaliation claims against Bowlero for $60 million, CNBC reported last month. "Could [the investigation] be driving the stock down?" We have never been hit with anything, you know, in terms of evidentiary findings or anything like that," Shannon added.
Persons: Tom Shannon, Shannon, CNBC's, Jim Cramer, Bowlero, Cramer Organizations: Commission, Bowlero, CNBC
☆ Here's why the Fed may have won already but is still acting like nothing has improved
  + stars: | 2022-11-20 | by ( Jim Cramer | ) www.cnbc.com   time to read: +9 min
We can bet that they will be one-upping each other about how high they want to take fed funds, the overnight bank lending rate. They seem to want to ignore anything that's succeeded since the Fed's rate increase cycle began back in March. I think that, again, if the Fed were to wait through Christmas they would see the layoffs and the corporate failures. One thing that's for certain, the buyers of the 2-year may be more sensitive to the data than the Fed. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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