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Marissa Mayer CEO of Yahoo to make $186 million from Verizon deal

Marissa Mayer CEO of Yahoo to make $186 million from Verizon deal

Yahoo Inc. Chief Executive Marissa Mayer is set to make some $186 million as a result of the internet company’s sale of its core business to Verizon Communications Inc., according to securities filings. The hefty pay out comes despite Mayer’s inability to accomplish what she was hired to do five ...

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Venezuelan authorities seized the General Motors plant

Venezuelan authorities seized the General Motors plant

Venezuelan authorities suddenly seized the General Motors plant there, the company confirmed late Wednesday, in a move that broadens the international implications of the country’s political and economic decomposition. The development puts an abrupt end to GM’s operations in the country, which the world’s third largest automaker described as an “illegal judicial ...

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Bangkok have banned street food from the Thailand’s major roads

Bangkok have banned street food from the Thailand's major roads

A month after Bangkok was voted the world’s best destination for street food, the Thai capital’s administration has announced that all of the city’s food vendors will be swept from the streets. In a bid to improve safety and cleanliness the Bangkok Metropolitan Administration (BMA) said that vendors would be ...

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Snapchat denies CEO Evan Spiegel’s ‘India a poor country’ remark

Snapchat denies CEO Evan Spiegel's 'India a poor country' remark

Amidst the ongoing backlash on Twitter regarding Snapchat Chief Executive Officer (CEO) Evan Spiegel’s recent remark on expansion in India, the parent company ‘Snap’s’ attorneys rubbished claims while stating that no such remark was made. Denying an employee’s claims of Snapchat being termed as a ‘rich people’s app’, the attorneys while ...

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‘Charging Bull’ artist Arturo Di Modica says girl statue violates his rights

‘Charging Bull’ artist Arturo Di Modica says girl statue violates his rights

New York: The sculptor of Wall Street’s “Charging Bull” statue is seeing red over New York City’s decision to keep in place the “Fearless Girl” statue that now stares it down, saying his legal rights were violated. The city’s ruling to let the bronze depiction of a defiant girl remain ...

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Wells Fargo Recovers $75 Million More from John Stumpf and Former Retail Bank Chief

Wells Fargo Recovers $75 Million More from John Stumpf and Former Retail Bank Chief

Wells Fargo & Co.’s board said it has clawed back an additional $75 million of pay from two former executives it holds largely responsible for years of sales-practice problems. Wells Fargo’s board of directors will release its investigation into the bank’s recent fraudulent accounts scandal, pinning blame primarily on two ...

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Farhad Moshiri has jointly bought the Royal Liver Building

Farhad Moshiri has jointly bought the Royal Liver Building

Billionaire now joint owner of world famous Liverpool landmark and its Liver Birds Everton majority shareholder Farhad Moshiri has jointly bought the Royal Liver Building and its world-famous rooftop Liver Birds. And the billionaire behind Everton’s new stadium plans says the deal for the city’s best-known building shows his pride ...

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Warren Buffett offers his employees $1 million a year for guess NCAA Sweet 16 right

Warren Buffett offers his employees $1 million a year for guess NCAA Sweet 16 right

March may be the best month to work at Warren Buffett’s Berkshire Hathaway, especially for college basketball fans. In an interview Monday with CNBC’s “Squawk Box,” Buffett said his company will give $1 million a year for life to any employee who guesses which teams will play in the NCAA ...

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Wegmans Is The Latest Company To Face Trump-Related Boycotts

Wegmans Is The Latest Company To Face Trump-Related Boycotts

A number of big-name brands, from Uber to Under Armour, Nordstrom to Neiman Marcus, have been the subject of politically charged boycotts in recent weeks. Now another company is finding itself in the crosshairs of consumers hoping to avoid Trump products as they take issue with the president’s policies and ...

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Brexit: Cost Increase of Prosecco and Champagne

Brexit: Cost Increase of Prosecco and Champagne

The UK’s Wine and Spirit Trade Association has warned on Tuesday that a “triple whammy” of higher inflation, a weaker pound and potential duty increases could push up champagne and prosecco prices in the country by 5 per cent, or £1, and 9 per cent, or 59p per bottle, respectively. ...

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