chairman

Fed Vice Chairman Brainard warns against premature exit from inflation fight

Fed Vice Chairman Brainard warns against premature exit from inflation fight

U.S. Federal Reserve member Lael Brainard speaks after being nominated by U.S. President Joe Biden to serve as Fed vice chair in the South Court Auditorium of the Eisenhower Executive Office Building at the White House in Washington, U.S., November 22, 2021. Kevin Lamarck | Reuters Fed Vice Chairman Lyle Brainard on Friday emphasized the …

Fed Vice Chairman Brainard warns against premature exit from inflation fight Read More »

Activist investors call on Cole's board to remove chairman and CEO

Activist investors call on Cole’s board to remove chairman and CEO

See what’s clicked on FoxBusiness.com An activist investor wants Kohl’s to oust longtime chairman Peter Boneparth and veteran chief executive Michelle Gass. In a letter to the department store chain’s board of directors on Thursday, Ancora Holdings claimed that Boneparth and Gass had failed to reverse Kohl’s “continued underperformance” and unlock shareholder value. “As evidenced …

Activist investors call on Cole’s board to remove chairman and CEO Read More »

Activist investors push Coles to oust its CEO and chairman

Activist investors push Coles to oust its CEO and chairman

Michelle Gass Chris Ratcliffe | Bloomberg | Getty Images Activist investor Ancora Holdings is pushing for Kohl’s to oust its chief executive and chairman. Ancora sent a letter to the board on Thursday asking to replace chief executive Michelle Gass and chairman Peter Boneparth. The company, which owns a 2.5% stake in Kohl’s, wants new …

Activist investors push Coles to oust its CEO and chairman Read More »

Ethereum Slumps After SEC Chairman Says Crypto Could Be a Security

Ethereum Slumps After SEC Chairman Says Crypto Could Be a Security

SEC Chairman Gary Gensler testifies before the Senate Banking, Housing and Urban Affairs Committee hearing on Thursday, Sept. 15, 2022, in Washington, DC. photo: Graeme Sloan/Sipa USA (Associated Press) Ethereum is the second largest cryptocurrency in the world, and the highly publicized technological change in the network is called “merge‘ last Thursday and comments from …

Ethereum Slumps After SEC Chairman Says Crypto Could Be a Security Read More »

Fed Vice Chairman Brainard vows to stop inflation 'as long as we need to'

Fed Vice Chairman Brainard vows to stop inflation ‘as long as we need to’

Fed Vice Chairman Lyle Brainard vowed Wednesday to fight inflation, which she said hurts low-income Americans the most. That would mean more interest rate hikes and keep them higher for longer, she said in remarks prepared for the New York speech. “We’ll keep doing it as long as inflation is down,” the central banker said …

Fed Vice Chairman Brainard vows to stop inflation ‘as long as we need to’ Read More »

Herb Kohler, 83, executive chairman of Kohler Corporation, died Saturday

Herb Kohler, 83, executive chairman of Kohler Corporation, died Saturday

Herbert V. Kohler, Jr., a business magnate who consolidated his family’s namesake manufacturing company and put Wisconsin on the world golf stage by creating a course called Whistling Straits, has died. Kohler died Saturday at the age of 83. “His passion for life, adventure and impact inspires us all,” his family said in a statement …

Herb Kohler, 83, executive chairman of Kohler Corporation, died Saturday Read More »

Ex-Tata Sons chairman Cyrus Mistry dies in road accident

Ex-Tata Sons chairman Cyrus Mistry dies in road accident

Cyrus Mistry, Chairman of Tata Group, addresses shareholders at the Tata Consultancy Services (TCS) Annual General Meeting on June 28, 2013 in Mumbai. Reuters/Vivek Prakash Sign up now for free unlimited access to Reuters.com register MUMBAI (Reuters) – Cyrus Mistry, 54, the former chairman of Indian conglomerate Tata Sons, was in a traffic jam near …

Ex-Tata Sons chairman Cyrus Mistry dies in road accident Read More »

MicroStrategy chairman Michael Saylor charged with $25 million tax evasion by DC attorney general

MicroStrategy chairman Michael Saylor charged with $25 million tax evasion by DC attorney general

In a new lawsuit filed Wednesday, DC Attorney General Karl Racine accused MicroStrategy co-founder and executive chairman Michael Saylor of evading $25 million in district taxes. The lawsuit also names MicroStrategy as a defendant. Racine claims the company conspired to help Thaler evade taxes. The attorney general’s office said it was seeking to recover more …

MicroStrategy chairman Michael Saylor charged with $25 million tax evasion by DC attorney general Read More »