DIRS.INFO The most relevant business & tech news

☆ Whole Foods Plans Corporate Job Cuts, Shuffles Structure
▼ + stars: | 2023-04-21 | by ( Jaewon Kang | ) www.wsj.com time to read: 1 min

Whole Foods Market, which operates across nine regions, will now have six. Photo: Laura Morton for The Wall Street JournalWhole Foods Market is planning to cut several hundred corporate jobs, the company said, as the grocer reorganizes its structure to simplify operations. The Amazon.com Inc.-owned grocer, which operates across nine regions, will now have six, according to a Thursday memo viewed by The Wall Street Journal. The company is adjusting structures of some corporate teams resulting in staff cuts, according to the memo. Whole Foods isn’t closing any stores or facilities, the memo said.

☆ Watch Sara Eisen's full interview with Pinterest CEO Bill Ready
▼ + stars: | 2023-03-29 | 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 EmailWatch Sara Eisen's full interview with Pinterest CEO Bill ReadyPinterest CEO Bill Ready joins CNBC's Sara Eisen for an exclusive interview at 'ShopTalk' in Las Vegas. He discusses the company's growth, their new app 'Shuffles', AI and the state of the consumer.

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Stock pop, retailers, AI caution
▼ + stars: | 2023-03-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

UBS shuffles retailers: Ross Stores (ROST) to sell; Burlington (BURL) to sell; Club name Foot Locker (FL) to sell. Apple Pay Later allows four payments over six weeks. Users can apply for Apple Pay Later loans of between $50 and $1,000. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Walsh will then start his new private-sector job as executive director of the NHL labor union, the hockey news website reported. The NHL Players' Association did not respond to a request for comment. Deputy Labor Secretary Julie Su, a former California labor secretary, is expected to take over as acting secretary. As Labor secretary, Walsh had vowed to boost union membership, a key issue for Biden. The NHL players' union represents 750 athletes, according to the organization.

☆ SeaWorld Shuffles Executives, Names Interim Financial Chief
▼ + stars: | 2023-01-27 | by ( Will Feuer | ) www.wsj.com time to read: +1 min

SeaWorld Entertainment Inc. is shuffling its executives, moving Chief Financial Officer Chelle Adams, who took that job less than a year ago, to the newly created role of chief transformation officer. Ms. Adams will work to streamline organizational processes and oversee business development and growth activities, the company said. SeaWorld named Jim Forrester, who joined the company in 2019, to the role of interim finance chief and treasurer. Mr. Miller will oversee all Florida parks, alongside another co-chief parks operations officer, Byron Surrett, who will oversee all non-Florida parks. The company also named three new park presidents, and promoted Shekufeh Boyle to the role of chief accounting officer.

☆ LVMH Shuffles Leadership at Louis Vuitton, Dior
▼ + stars: | 2023-01-11 | by ( Nick Kostov | ) www.wsj.com time to read: 1 min

LVMH said Pietro Beccari, who currently head’s Christian Dior, will lead Louis Vuitton from next month. PARIS— LVMH Moët Hennessy Louis Vuitton SE Wednesday announced a major reshuffle of its top executives, elevating Pietro Beccari to lead Louis Vuitton and tapping Delphine Arnault , daughter of Chief Executive Bernard Arnault , to run Christian Dior . The changes, effective Feb. 1, involve the luxury giant’s two largest brands and some of its best-known managers. Both Louis Vuitton and Dior have been on a tear, most recently riding a postpandemic boom in luxury spending that so far has shown little sign of easing.

☆ Tax credit confusion could create a rush for electric vehicles in early 2023
▼ + stars: | 2022-12-28 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

That means the rules will, temporarily, be more generous, allowing higher tax credits on more electric vehicles, for the first few months of the new year. The latest announcement, which will temporarily open up more tax credit money, is likely mostly a good thing for consumers. Figuring out who and what qualifiesThe lopsided tax credit at the start of the year is just one of several potential sources of confusion. Under the new EV tax credit rules, the Chevrolet Bolt EV and EUV are eligible for tax credits in the new year. That was the limit for any given manufacturer under the outgoing tax credit requirements.

[1/3] A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen/File PhotoWASHINGTON, Dec 9 (Reuters) - Major energy companies are not doing enough to prevent the worst effects climate change despite public promises to fight the problem, a U.S. House panel said about documents released on Friday that it got in a probe. Shell's Smith said the House panel's probe failed to uncover evidence of a climate disinformation campaign. "Today's new evidence makes clear that these companies know their climate pledges are inadequate, but are prioritizing Big Oil’s record profits over the human costs of climate change." The House panel previously released a memo on Sept. 14 showing that oil majors "greenwashed" their record on climate change "through deceptive advertising and climate pledges - without meaningfully reducing emissions."

☆ Inside the stunning unraveling of Bright Health, a health-insurance upstart that rocketed to an $11.2 billion valuation and then cratered as it grew too fast
▼ + stars: | 2022-12-05 | by ( ) www.businessinsider.com time to read: +11 min

Bright Health Group grew fast. "We're just starting to realize the full potential of our differentiated model, and we're excited about the future of Bright Health Group," Bright CEO G. Mike Mikan told analysts at that investor event. Bright Health is one of a handful of upstarts trying to take on the health-insurance industry. Clover Health; Bright Health; Oscar Health; Olivia Reaney/Business InsiderBreaking into the health-insurance industry is tough. Bright moves to cut expensesAs losses mounted in 2021, Bright scrambled to raise capital.

☆ Teenager Bellingham ignites England with dynamic display
▼ + stars: | 2022-11-21 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

England manager Gareth Southgate had come under fire during a six-game winless run in the Nations League ahead of the World Cup -- his sides lacking fluidity and forward thrust. It made Bellingham the youngest England scorer at a World Cup since Michael Owen in 1998 and the first player born in 2000 or later ever to score in the finals. Another former England midfielder Jermaine Jenas added: "Bellingham has been outrageous today. But if England are to go deep in Qatar, Bellingham could be the spark that ignites Southgate's team. "Wins take the pressure off, when you win games, you're at ease for a little bit longer," Bellingham said.

☆ China shuffles leadership committee and retains many Xi allies
▼ + stars: | 2022-10-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

BEIJING — China announced Saturday its new central committee would include many known allies of Chinese President Xi Jinping, while several officials with more market-leaning tendencies were not on the list. That central committee then goes on to determine the core leadership — the Politburo and its standing committee. Four of the current seven members of the Politburo standing committee were not on the list. Li Qiang, Shanghai's party secretary, and his Beijing counterpart Cai Qi remained on the central committee list. Other Xi loyalists the Asia Society had identified were included in the list of new central committee members.

☆ Tyson Foods Shuffles Leadership Team
▼ + stars: | 2022-09-27 | by ( Denny Jacob | ) www.wsj.com time to read: 1 min

Tyson Foods Inc. on Tuesday shuffled its leadership team. The meat processor said Stewart Glendinning will transition to group president, prepared foods from his current role as executive vice president and chief financial officer. The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. John Tyson succeeds Mr. Glendinning as CFO. Amy Tu has been named president, international and chief administrative officer, expanding her current role as executive vice president, chief legal officer and secretary, global governance and corporate affairs.

☆ More layoffs hit CNN as CEO Chris Licht sets strategy and shuffles talent across the organization
▼ + stars: | 2022-09-27 | by ( Lucia Moses | Emilia David | ) www.businessinsider.com time to read: +2 min

CNN is laying off a small number of people in its audio division. A company rep said audio remains an important area for the company and that it's refining its strategy. CNN is laying off people in its audio division, according to affected staffers. One product manager posted on LinkedIn that their position had been eliminated and that the company told staff it planned to produce fewer audio series in 2023. "Audio is an important growth area for the company," the CNN rep said.

☆ NFL roundup: Packers top Bucs in possible final Rodgers-Brady matchup
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +10 min

Josh Allen completed 42 of 63 passes for 400 yards, two touchdowns and no interceptions for the Bills (2-1). Philadelphia quarterback Jalen Hurts threw for 340 yards and led a second-quarter surge with three touchdown passes. Colts 20, Chiefs 17Matt Ryan threw a 12-yard touchdown pass to Jelani Woods with 24 seconds left as Indianapolis stunned visiting Kansas City. Ryan passed for 222 yards, and both his touchdown passes were to the rookie Woods. Osborn on a 28-yard touchdown pass with 45 seconds left as Minnesota rallied past Detroit in Minneapolis.

☆ What Cramer is watching Wednesday — Fed day, Putin escalation, oil stock optimism
▼ + stars: | 2022-09-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Buy Club holding Ford into any Fed weakness. Barclays downgrades Club holding and Dow stock Cisco Systems (CSCO) to equal weight from overweight (hold from buy). Wells Fargo cuts PT to $75 tom $90 but keeps overweight (buy) rating. However, BofA keeps buy rating on Visa. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ A sentence that never ends: How probation kept a Pennsylvania man locked up through the pandemic — even after his release date
▼ + stars: | 2022-02-04 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +39 min

He was still a teenager when, a year after his school went under, he graduated to a new form of state supervision. Inmates walk the hallways during a media tour of the Curran-Fromhold Correctional Facility in Philadelphia, Pennsylvania, August 7, 2015. And such violations have bloated the probation system, with roughly 250,000 people now subject to restrictions on their freedom. Philadelphia District Attorney Larry Krasner listens during a press conference announcing Danielle Outlaw as the new Police Commissioner on December 30, 2019 in Philadelphia, Pennsylvania. Pennsylvania State Senator Katie Muth was elected in the 2018 "blue wave," defeating the incumbent Republican.

Search resuls for: "shuffles"

16 mentions found