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WWE shares jump as Vince McMahon stages comeback
  + stars: | 2023-01-05 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +2 min
Vince McMahon is staging a comeback at World Wrestling Entertainment , months after he retired from the company over a sexual misconduct scandal. McMahon said that his return is necessary as the company gears up for negotiations over media rights and strategic alternatives. WWE, which styles itself as a media company, has been mentioned as a potential acquisition target. McMahon retired last year amid an investigation into payments the former CEO made regarding alleged instances of sexual misconduct. A special committee probe found that McMahon had paid nearly $15 million to four women over the course of 16 years in order to silence sexual misconduct allegations.
After seeing explosive sales and revenue growth during the earlier days of the Covid-19 pandemic, the Canadian e-commerce company saw its business come back down to earth this year. Shopify employees are granted restricted stock units, or RSUs, in addition to their base salaries. MayOn May 2, Shopify announced plans to acquire e-commerce fulfillment startup Deliverr for more than $2 billion. The acquisition was intended to help Shopify merchants offer one and two-day shipping to their customers. On December 15, Shopify announced that it was doubling down on its sustainability efforts by investing $11 million in carbon removal projects.
“How dare he?” Laurie Jasper, a member of the New Hampshire Federation of Republican Women, said. Salting the wound was the revelation that South Carolina hadn’t even asked to be first, and officials there contend they were as surprised as anyone to be handed the spot. In South Carolina, the majority of Democratic primary voters are African American. “North Carolina is more diverse than South Carolina. Democrats say they aren’t about to retreat behind South Carolina and anyway, they can’t.
An artist rendering of the advanced nuclear power reactor demonstration project that Bill Gates' nuclear innovation company, TerraPower, plans to build in the frontier-era coal town, Kemmerer, Wyoming. TerraPower's advanced reactor demonstration will face delays of at least two years because its only source of fuel was Russia, and the Ukraine war has closed the door on that trade relationship. Wyoming Senator John Barrasso, a Republican, thinks it's a wake-up call for the U.S."America must reestablish itself as the global leader in nuclear energy," Barrasso said in a written statement. "Instead of relying on our adversaries like Russia for uranium, the United States must produce its own supply of advanced nuclear fuel." Barrasso also sent a letter to the Energy Secretary Jennifer Granholm to urge the United States to move faster in securing a source of HALEU.
The fuel, called high assay low enriched uranium, or HALEU, is enriched up to 20%, much above the up to 5% level today's reactors use. "TerraPower is anticipating a minimum of a two-year delay to being able to bring the Natrium reactor into operation," he said. The Department of Energy (DOE) is looking to downblend some of its stockpile of weapons-grade uranium to help provide fuel for the reactor projects. Levesque said TerraPower will provide a schedule update next year when it knows more about HALEU supply including the availability of DOE material for downblending. Only one company outside Russia, U.S.-based Centrus Energy Corp (LEU.A) is licensed to produce the fuel but it is years away from making commercial amounts.
Here are the people leading the e-commerce company through its next phase. Leinwand was previously senior vice president of engineering at Slack, and before that he was CTO at ServiceNow. Tia Silas, chief human resources officerTia Silas, Shopify's chief talent officer. John Asante, chief information-security officerJohn Asante, Shopify's chief information-security officer. Bobby Morrison, chief revenue officerMorrison joined Shopify as chief revenue officer — a new role for Shopify, reporting to the COO — in August.
The company's stock is up more than 50% in 2022, hitting a 52-week high Monday, and trading at levels it hasn't seen since summer 2019. The stock continued to do well after the company's longtime leader and biggest shareholder, Vince McMahon, retired from the company over the summer in a cloud of scandal. WWE's market capitalization is over $5.6 billion. Analyst John Healy of Northcoast Research, who covers WWE, sees the stock's success a confluence of successful ratings, upcoming media deal opportunities, and the speculation of a possible acquisition. Given a highly saturated media market, Healy expects high bidding for the rights to "Raw" and "Smackdown," which are set to be renegotiated in the coming year.
Here are the people leading the e-commerce company through its next phase. Leinwand was previously senior vice president of engineering at Slack, and before that he was CTO at ServiceNow. Tia Silas, chief talent officerTia Silas, Shopify's chief talent officer. John Asante, chief information-security officerJohn Asante, Shopify's chief information-security officer. Bobby Morrison, chief revenue officerMorrison joined Shopify as chief revenue officer — a new role for Shopify, reporting to the COO — in August.
Most of Shopify's C-suite has been replaced in the past two years. "There was some hope that they would reprioritize software, whether it's marketing-automation software or customer-engagement software," he added. The former chief technology officer Jean-Michel Lemieux, chief legal officer Joe Frasca, and chief talent officer Brittany Forsyth all departed in 2021. The chief product officer Craig Miller left the company a few months before that, in fall 2020. Shopify has yet to formally fill the chief product officer role, whose responsibilities Lütke said he would take on in the wake of Miller's departure.
The report, by Strider Technologies, describes what it calls a systemic effort by the government of China to place Chinese scientists at Los Alamos National Laboratory, where nuclear weapons were first developed. Scientists were paid as much as $1 million through participation in Chinese government “talent programs,” which are designed to recruit Chinese scientists to return to China. Moreover, U.S. officials and experts say most Chinese scientists who immigrate to the U.S. remain here — and many have made significant contributions to U.S. defense technology. Workers at Los Alamos National Laboratory in Los Alamos, N.M. Los Alamos National Laboratory via AP fileLos Alamos officials referred questions to the Energy Department, which declined to address the report’s specific findings. “No one can say this is not a national security issue,” Evanina said.
Johnson & Johnson has said it would provide a fair amount of money to the subsidiary to pay claims. Johnson & Johnson, valued at more than $450 billion, had about $31 billion in cash and marketable securities on hand at the end of the third quarter, securities filings show. One would absorb all the talc liability; the other would carry on the business free from the threat of billion-dollar judgments. Levesque replied that the “technical aspect” of the subsidiary bankruptcy wasn’t likely to cause concern about J&J’s creditworthiness. Is that what you're saying?” asked Jeffrey Jonas, a Brown Rudnick lawyer representing a creditors committee comprising talc plaintiffs.
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O infirmieră din Toronto şi o octogenară din Quebec au devenit luni primele persoane vaccinate împotriva COVID-19 în Canada, care a început o campanie de vaccinare istorică în toată ţara, transmite France Presse. Aproape în acelaşi timp, o femeie de 89 de ani, Gisele Levesque, a fost vaccinată spre prânz într-o casă de bătrâni din Quebec, a dezvăluit apoi ministrul sănătăţii din Quebec, Christian Dube. Infirmieră la un centru de îngrijire pe termen lung pentru bătrâni din Toronto, ea a spus că este "încântată" să fie prima persoană care a fost vaccinată în Canada. A treia ţară care a aprobat vaccinul Pfizer după Regatul Unit şi Bahrain, Canada urmează să primească până la 249.000 de doze până la sfârşitul lunii. Al doilea val de pandemie s-a accelerat în ultimele săptămâni în Canada, iar ţara a înregistrat luni un total de 464.313 cazuri de coronavirus şi 13.479 de decese.
Persons: Anita Quidangen, Christian Dube, Justin Trudeau, Angus, Angus Reid . Organizations: France, canadieni, Angus Reid Locations: infirmieră, Toronto, Quebec, Canada, Montreal, vaccinată, Regatul Unit, Bahrain, Statele Unite
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