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After becoming a public company in August 2005, it was revealed that Phillip R. Bennett, the company's CEO and chairman, had concealed $430m of bad debts. Its underwriters were Credit Suisse First Boston, Goldman Sachs, and Bank of America Corp. The company entered Chapter 11 and Bennett was sentenced to 16 years in prison. Bear Stearns: United ...
A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that ...
In January 2021, a number of companies halted their political contributions in the United States, primarily in response to some Republican legislators' objections to certification of the 2021 United States Electoral College vote count and the ensuing mob that attacked the U.S. Capitol. All of these companies announced suspension of donations to ...
Then there's the list of "companies that had license agreements with President Trump [that] have failed": "Trump Shuttle, Inc., launched by President Trump in 1989, defaulted on its loans in 1990 ...
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Dividend payouts to shareholders by companies in the S&P 500 reached a new record in 2023, and that number is projected to grow in 2024, according to data from the CME Group.
Some of the biggest brands in America, including Amazon, Meta, Walmart and McDonald’s, have recently changed or ended their diversity, equity and inclusion (DEI) programs. But e.l.f. Beauty, a ...
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