Article URL: https://economictimes.indiatimes.com/magazines/panache/no-shares-in-company-but-550-employees-received-a-240-million-gift-from-their-owner-for-staying-with-him-through-tough-times/article...
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Angi, the parent company of Angie's List, is laying of around 350 people as it seeks to save money with AI. Donald King/AP Angi, the company formerly known as Angie's List , is cutting 350 jobs, it sa...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
The former CFTC commissioner and Donald Trump’s first pick to chair the agency will join investment company SUI Group's board and support the company’s treasury strategy....
📋 Key Facts ✓ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. ✓ He served in the role for 12 years. ...
Nvidia founder and CEO Jensen Huang is the face of the company supplying chips to many of the companies in the AI arms race. Woohae Cho/Getty Images If you've heard about AI, you're probably familiar ...
Wix purchased its downtown Manhattan office space in December 2019 Wix.com Wix announced an office return for staff in Israel, Poland, and Lithuania, starting February 1. US employees will continue to...
"Bluey" is consistently one of the most viewed shows on Disney+, though the streamer's viewership share has leveled off. Disney Disney's streaming subscriber count has grown, but its US viewer...
An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', ...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
📋 Key Facts ✓ Private credit firms are piling into consumer debt. ✓ Risk-taking is mounting in these financial activities. ...
Alby Churven's Y Combinator application went viral on X. Alby Churven Alby Churven founded Clovr, a front-end vibecoding startup. He's 14 years old. Churven told Business Insider that his age gave him...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
Christmas shoppers browse in Aritzia on December 24, 2025 in New York City. Jeremy Weine/Getty Images Canadian fashion retailer Aritzia has enjoyed considerable success in recent years. 2025 was the y...
BYD container ship. NurPhoto/Getty Images Tesla just lost its status as the world's largest seller of battery EVs to a Chinese rival. BYD took Tesla's crown after Elon Musk's automaker reported its se...
GameStop is closing hundreds of stores just days into the new year as CEO Ryan Cohen aims to take home $35 billion in performance-based stock options. Reports the gaming and pop-culture retailer would...
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Oscar Rachmansky Bryan Toro Oscar Rachmansky grew OS Group into a $40 million B2B sneaker wholesaler by 2025. OS Group thrived during market downturns by targeting inefficiencies in sneaker supply cha...
Elon Musk lost billions in wealth this year. He's almost got it all back. Kevin Dietsch/Getty Images Tesla released its latest quarterly sales figures — and they're worse than Wall Street expect...