• CEO Nov 27, 2019

    It's a Make-or-Break Holiday Season for These 6 Retailers

    For many, the holidays spark joy, and are a time to relax in the comfort of family and friends. If you’re in retail, however, it’s a bit of a different story — especially if your business is struggling.

  • Donald Trump Nov 26, 2019

    SoulCycle CEO Melanie Whelan Resigns

    Melanie Whelan is resigning from her position as chief executive officer of SoulCycle, effective Tuesday, the company told CNBC Make It. Both sides felt it was time for a leadership transition, according to a person briefed on the decision who asked not to be named because those discussions were private. A spokesperson for SoulCycle declined to comment on the impetus...

  • California Nov 25, 2019

    Charles Schwab Buys TD Ameritrade in Brokerage Blockbuster

    Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A combination of two of the biggest players in the industry would allow Schwab to save billions of...

  • Danielle Abreu Oct 3, 2019

    Bed Bath & Beyond Boosts Store Closure Estimates, Says 60 Stores May Close by End of 2019

    Bed Bath & Beyond will close 60 stores by the end of fiscal 2019, the company announced in an earnings call Wednesday. It previously estimated it would shutter 40 stores. Interim CEO Mary Winston said the decision is a result of its work to optimize its fleet. “With this action we are increasing the profitability of our remaining portfolio, and...

  • Congress Sep 4, 2019

    Carmakers to Add Alerts to Prevent Child Heatstroke Deaths

    By the 2025 model year, nearly all new vehicles sold in the U.S. will come with electronic alerts to remind people to not leave children behind in the back seats. Twenty automakers representing 98% of new vehicles sold have agreed to install reminders in an effort to stop heatstroke deaths.

  • Northern California May 23, 2019

    Judge Approves $105M Fund for California Wildfire Survivors

    Pacific Gas & Electric Corp. received approval on Wednesday to establish a $105 million fund to help survivors of recent California wildfires started by the utility’s equipment.

  • Northern California May 16, 2019

    CalFire: Camp Fire, California's Deadliest, Was Caused by PG&E's Transmission Lines

    California Department of Forestry and Fire Protection said Wednesday that the deadliest wildfire in state history was caused by PG&E’s electrical transmission lines.

  • President Mar 28, 2019

    Wells Fargo CEO Sloan Steps Down After Rocky Tenure

    Wells Fargo’s CEO Tim Sloan stepped down Thursday after a rocky tenure during which the deeply troubled bank dealt with a seemingly unending wave of scandals. Sloan said in a statement he will give up his roles as CEO, president and member of the bank’s board of directors effective immediately. He will retire from the bank completely on June 30....

  • Attorney Jan 30, 2019

    PG&E Bankruptcy Could Be Costly to Wildfire Victims

    Faced with potentially ruinous lawsuits over California’s recent wildfires, Pacific Gas & Electric Corp. filed for bankruptcy protection Tuesday in a move that could lead to higher bills for customers of the nation’s biggest utility and reduce the size of any payouts to fire victims.

  • Chicago Oct 30, 2018

    Hiring Event Scheduled Ahead of Suburban Carson's Reopening

    Just months after closing all of its stores, Carson’s will soon return to a Chicago suburb — and they’re hiring.

  • Chicago Oct 29, 2018

    Carson's Reopening in Chicago Suburb on Black Friday

    Carson’s is returning to a Chicago suburb just in time for holiday shopping.

  • CEO Sep 21, 2018

    Incoming CEO, Outgoing Chair Address USOC Abuse Head-On

    What so many sex-abuse survivors on the U.S. Olympic team have been waiting to hear is that someone in power was listening. On Thursday, incoming CEO Sarah Hirshland choked back tears and let them know that, indeed, she is. The most memorable moment from her first major appearance before the U.S. Olympic family came when the former USGA executive gasped...

  • Chicago Sep 11, 2018

    Probst Leaves Complex Legacy After 10 Years as USOC Chairman

    Larry Probst will step down as chairman of the U.S. Olympic Committee, exiting with a complicated legacy that includes restoring the federation’s international reputation while leaving it saddled with as many problems on the home front as he faced when he arrived. Probst, who announced his departure Monday, will step down at the end of the year, to be replaced...

  • driver May 10, 2018

    Equifax Now Says Some Passport Information Was Stolen in Breach

    Equifax acknowledged a relatively small number of passport images and information were stolen as part of last year’s security breach, despite previously denying such a thing occurred. The credit monitoring company said 3,200 passport images were stolen last year, according to a letter sent last week by lawyers representing Equifax to the Senate Banking Committee. That’s compared to the 148...

  • driver Mar 28, 2018

    Equifax Hires Former GE Exec Mark Begor as New CEO

    Equifax tapped longtime financial industry executive Mark Begor as its new permanent CEO, the company said Wednesday, as Equifax continues to try to recover from fallout surrounding the company’s massive data breach. The 59-year-old Begor will take over from Paulino do Rego Barros Jr., who became interim CEO in September when Richard Smith stepped down from the post. Smith’s departure...

  • Florida Nov 8, 2017

    No One Is Immune From Hacks, Says Former Yahoo CEO Marissa Mayer

    Former Yahoo CEO Marissa Mayer told lawmakers Wednesday that the threat from state-sponsored hackers has changed the playing field so dramatically that even the best-defended companies can fall victim. Mayer joined former and current CEOs of Equifax in testifying before a Senate committee examining recent data breaches that affected millions of Americans. Lawmakers said they hoped to use the information...

  • Asher Klein Oct 12, 2017

    Equifax Takes a Webpage Down as It Probes Whether It Was Breached Again

    Equifax, the credit reporting company at the heart of a major hacking scandal, has taken a customer help page offline as it looks into into a report that it has been breached again, CNBC reported. An independent security analyst found part of the company’s website was under the control of attackers trying to install fraudulent, malware-infected Adobe Flash updates, the...

  • United States Oct 2, 2017

    Equifax: 2.5 Million More Consumers May Be Affected by Data Breach Than Originally Stated

    The massive data breach at Equifax, one of the nation’s three major credit reporting agencies, may be even larger than originally thought, according to an investigation by a cybersecurity firm. Mandiant, retained by Equifax to investigate the breach, found that 2.5 million more U.S. consumers were potentially impacted, bringing the total to 145.5 million, CNBC reported. “I want to apologize...

  • CEO Sep 26, 2017

    Equifax CEO Steps Down in Wake of Huge Personal Data Hack

    Embattled Equifax CEO Richard Smith stepped down Tuesday, less than three weeks after the credit reporting agency disclosed a disastrous hack to its computer system that exposed the sensitive personal information of 143 million Americans. His departure follows those of two other high-ranking executives who left in the wake of the hack, which exploited a software flaw that the company...

  • Associated Press Jul 25, 2017

    US Maker of Panels in London Fire: Others Install Them

    The U.S. company that manufactured panels on a London apartment tower where at least 80 people perished in an inferno has quit selling them for high-rises because it has no control over their installation, a top company executive said Monday. Arconic Inc. is continuing to work with investigators to determine what caused the flames to spread so rapidly at Grenfell...

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