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5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher
Manoj Bhargava’s Simplify Inventions will take a roughly 65% stake in the Arena Group. Source link
Amazon's Leader on Alexa, Other Devices Plans to Leave
David Limp is planning to retire in the coming months in the latest departure of a longstanding top executive since Andy Jassy took over as
Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker
U.S. Steel previously rejected a cash-and-stock offer from rival Cleveland-Cliffs; Esmark says it will pay $35 a share in cash. Source link
A Table Outside? More Diners Say No Way
Restaurants say a combination of heat and smoke has hurt their outdoor dining business. Source link
PayPal Names Intuit Executive Alex Chriss as Next CEO, Replacing Dan Schulman
What to Read Next Source link
Wendy McMahon Takes on Larger Role at CBS News, Syndication Business
She is named chief executive following Neeraj Khemlani’s resignation. Source link
SEC's Whistleblower Chief Manages Growing Pains as Program Gains Popularity
Nicole Creola Kelly says her office treats every whistleblower equally, amid criticism that those using lawyers with connections to the SEC get special treatment Source
The $900,000 AI Job Is Here
Salaries are rising as employers such as Netflix and Walmart seek candidates with artificial-intelligence skills. Source link
China's Worsening Economy Is Hurting Corporate America
Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link