RTW Investments Files To Dismiss Masimo’s ‘Frivolous’ Lawsuit …
2 days ago · The saga started in September when Kiani, who has a net worth of $1.3 billion, was ousted as CEO following an ugly and prolonged takeover battle against activist investor Quentin Koffey’s Politan Capital Management. Politan argued that Masimo was suffering from poor governance practices and were especially critical of the company’s $1 billion acquisition of consumer audio company Sound ...
How Are CIOs Navigating Emerging Tech In The Digital Age? The …
Nov 15, 2024 · For the past several years, technological advances across AI, robotics, hardware, data and more have offered promise for the future. The 2024 Forbes CIO Summit, which will take place on November 20, 2024, aims to better understand what these innovations mean for business now, and in the long run ...
Jeff Bezos Donates Another $110 Million To Combat Homelessness
4 days ago · Photograph by Michael Prince/The Forbes Collection. A mazon founder Jeff Bezos, the world’s third-richest person, announced $110.5 million in new grants to nonprofits working to end homelessness for families from his Day 1 Families Fund, the organization announced on Tuesday. This round of donations marks the Day 1 Families Fund’s seventh ...
DOJ Will Reportedly Ask Judge To Force Google To Sell Chrome …
6 days ago · Topline. The Justice Department will soon request a federal judge order Google to sell its Chrome web browser, according to Bloomberg, marking the latest development in an antitrust case against Google after a judge ruled this summer the tech giant illegally maintained a search monopoly. A final ruling in the antitrust case against Google is ...
Biden Requests $100 Billion In Disaster Relief Funds From Congress
6 days ago · Biden made the request Monday to House Speaker Mike Johnson, R-La., in a letter urging Congress to “take immediate action” to “provide for an expeditious and meaningful federal response to Hurricanes Helene and Milton and other natural disasters.”. The $100 billion includes about $40 billion for the Federal Emergency management Agency ...
GOP And Trump Could Have More Budget Control Next Year--As …
Nov 17, 2024 · Topline. House Speaker Mike Johnson, R-La., said he expects Congress to extend the existing government budget into early next year to avert a shutdown in December—setting the stage for Republicans to have full control over the budget process when the new GOP-controlled Congress and President-elect Donald Trump take office in January.
Republicans Win House Control, Clinching Trifecta For Trump
Nov 14, 2024 · The Associated Press has called 404 of 435 House races since polls closed on Tuesday, and so far, Republicans have won 210 seats to Democrats’ 194—though neither party has clinched the 218 needed to win a majority. Some 31 races have yet to be called for either party as votes are still tallied: Democrats currently lead in the vote-count in ...
The Top 10 Richest: Gates Moves Ahead Of Google Cofounders
Sep 1, 2024 · For the second month in a row, gyrating tech stocks rearranged the ranking of more than half of the world’s ten richest people. As a result, Meta CEO Mark Zuckerberg swapped places with Larry Ellison to beome the world’s fourth richest person again, Warren Buffett moved ahead of Google cofounder Larry Page, and Bill Gates overtook both of the Google cofounders to become the world’s ...
Elon Musk And Nine Other Billionaires Whose Fortunes Surged …
Nov 9, 2024 · Elon Musk is worth more than $300 billion for the first time in more than two years. Getty Images. It was a giddy week for U.S. stocks. Markets jumped in the wake of Donald Trump’s presidential election win early Wednesday, briefly sending the S&P 500 over 6,000 for the first time ever on Friday. The Nasdaq index rose 5.7% and the Dow Jones Industrial Average climbed nearly as much.
Spirit Airlines Shares Crater In After-Hours Trading As It Nears ...
Nov 13, 2024 · Topline. Spirit Airlines shares cratered sharply in after-market trading on Tuesday evening, as the company announced it was in talks with creditors to restructure its debts in a deal—shortly after the Wall Street Journal reported the company is preparing to file for bankruptcy protection and its planned merger with rival low-cost carrier Frontier had broken down.