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Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
Business

Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround

The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link

WeWork Taps Directors With Bankruptcy Chops After Board Resignations
Business

WeWork Taps Directors With Bankruptcy Chops After Board Resignations

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of

Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm
Business

Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm

Angela Ahrendts will be joining SKKY Partners as senior operating adviser. Source link

Tesla Finance Chief Zachary Kirkhorn Has Stepped Down
Business

Tesla Finance Chief Zachary Kirkhorn Has Stepped Down

The EV maker appointed Vaibhav Taneja as chief financial officer, succeeding Kirkhorn. Source link

Yellow Files for Bankruptcy After Shutting Down
Business

Yellow Files for Bankruptcy After Shutting Down

The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers and a $700 million federal

Pfizer’s Covid Boost Crashes to Earth
Business

Pfizer’s Covid Boost Crashes to Earth

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Nikola CEO Michael Lohscheller Steps Down
Business

Nikola CEO Michael Lohscheller Steps Down

Michael Lohscheller has stepped down due to a family health matter, and Chairman Steve Girsky has taken over as CEO of the electric-vehicle maker. Source

Bud Light's Struggles Cast a Shadow Over Its Sunny Summer Ad Campaign
Business

Bud Light's Struggles Cast a Shadow Over Its Sunny Summer Ad Campaign

Bud Light has continued losing ground with consumers during a busy season for the beer industry even as the brand runs its biggest ever summer