Tuesday, July 19, 2022

Business Report: Elon Musk to countersue Twitter in attempt to scrap $44B buyout: source

July 19, 2022: McDonald's franchisees back 'no confidence' vote for CEO: report
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Elon Musk to countersue Twitter in attempt to scrap $44B buyout: source
The purpose of the countersuit would be to push a Delaware Court of Chancery judge to grant Musk's lawyers more time and power to gather…
McDonald's franchisees back 'no confidence' vote for CEO: report
Hundreds of McDonald's franchisees reportedly want to hold a "no confidence" vote for the fast-food giant's top bosses due to recent changes to ownership terms.…
Starbucks CEO Howard Schultz blames Dem-run cities for store closures
Howard Schultz made the comments in leaked video that was posted to Twitter over the weekend by Ari Hoffman of KVI-AM talk radio based in…
Barclays bankers kvetch over 'skimpy' bonuses, say their morale is 'killed'
Junior bankers at Barclays just learned about their yearly bonuses — and some are so disappointed that they're taking to social media to complain. The…

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Alexander Wang moves global headquarters to Lower Manhattan
The fashion label has outgrown its longtime Soho home and will move next year to the top-most floor of 200 Front St. in the middle…
Man in underwear walks through CNBC segment on live TV
A morning TV segment on CNBC's "Squawk Box" quickly turned south when it got interrupted not only by a barking dog, but also by a…
PR firm wanted Olivia Culpo, Priyanka Chopra to help 'whitewash' Saudi image: report
Edelman's pitch to the Saudis was for a promotional campaign entitled "Search Beyond" — the goal of which is to market Saudi Arabia as a…

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