A lawsuit filed in New York alleges that the fashion brand Abercrombie & Fitch funded a sex trafficking operation. The legal complaint asserts that the company granted former CEO Mike…
ceo
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On Tuesday, Bank of America CEO Brian Moynihan predicted that the United States economy will enter a mild recession later this year, mostly due to the resilience of the consumer…
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News
Anheuser-Busch CEO Breaks Silence with Weak Statement – Gets Torched by Critics
by J Pelkeyby J PelkeyOn Friday, Anheuser-Busch released a statement after its market cap dropped billions of dollars in value following its marketing campaign with trans Tik Tok star Dylan Mulvaney. The brainiac VP…
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Money
Silicon Valley Bank, CEO, CFO Sued by Shareholders for Securities Fraud
by J Pelkeyby J PelkeySilicon Valley Bank was hit with its first, of likely many, securities lawsuit on Monday. Silicon Valley Bank Financial Group and two top executives were sued on Monday by shareholders,…
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Money
Economist Warns “We’re on the Brink of A 2008-Style Financial Crisis” – It’s Really Serious” [VIDEO]
by J Pelkeyby J PelkeyThe Biden administration is spectacularly awful. Yesterday, the federal government had to seize Silicon Valley Bank in the biggest bank failure since 2008. Experts say the collapse of SVB can…
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YouTube CEO Steps Down One Day After House GOP Issues Subpoenas to Big Tech CEOs
by J Pelkeyby J PelkeyThe day after the House GOP issued subpoenas for Big Tech CEOs at Alphabet, Amazon, Apple, Meta, and Microsoft, the CEO of YouTube, Susan Wojcicki, has suddenly stepped down. YouTube…
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BREAKING: Elon Musk Officially Owns Twitter – Immediately Fires CEO and Executives Behind Trump’s Twitter Ban
by J Pelkeyby J PelkeyElon Musk is now the official owner of Twitter. Musk purchased Twitter for $54.20 per share – or about $44 billion. “Twitter CEO Parag Agrawal and finance chief Ned Segal…
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Money
CEO of Restoration Hardware Mocks Biden’s Lies About Recession As US Household Income Dropped $6.1 TRILLION in 2nd Quarter
by J Pelkeyby J PelkeyThe CEO of Restoration Hardware, Gary Friedman, said we are in a recession during an investor call on Thursday, calling anyone who thinks this is not a recession “crazy.” ‘I…