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Netflix CEO Ted Sarandos failed Thursday to convince a skeptical Trump administration to approve his proposed takeover of Warner Bros. Discovery – and with that, his nearly done deal to buy WBD’s streaming service and studio went into a death spiral. Late Thursday, WBD deemed a revised bid of $31 a share from rival Paramount […]
Citigroup on Tuesday forcefully rejected accusations by a former managing director who sued the bank over alleged sexual harassment by wealth management chief Andy Sieg, saying she expressed “steadfast” support for him and that her case belongs in arbitration. The third-largest US bank petitioned the federal court in Austin, Texas, to move Julia Carreon’s case behind closed […]
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines told staff Friday that it’s suspending about 40 routes, finalizing a 25% cut to its November schedule as it scrambles to slash costs in bankruptcy and […]
The Astronomer HR exec allegedly caught canoodling with CEO Andy Byron at a Coldplay concert last week appears to still have her job — even after Byron was forced to swiftly resign over the scandal. Chief People Officer Kristin Cabot is on leave, but hasn’t been publicly given the boot over liability concerns, legal experts […]
