Citigroup tells staffers to take Friday off as thanks for hard work

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Citigroup tells staffers to take Friday off as thanks for hard work

Citigroup Chief Executive Michael Corbat told employees they can take an extra day off this Friday after working “harder than ever” in response to the coronavirus pandemic. In a memo to staff, Corbat acknowledged many have been juggling workloads, …
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Third Point hedge fund founder Daniel Loeb takes over as Munib Islam leaves firm

Billionaire investor Daniel Loeb is taking back the reins as sole chief investment officer at his hedge fund Third Point, less than one year after he appointed long-time colleague Munib Islam to be his co-chief investment officer, according to a letter the firm sent …
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Tesla Shareholder Suit Over Elon Musk Tweets Remains on Hold

DOVER, Del. — A Delaware judge has denied a request by attorneys for Tesla shareholders to pursue a lawsuit seeking to prevent CEO Elon Musk from using his personal Twitter account to disseminate information regarding the electric vehicle and solar …
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Facebook hopes new Shops will get social media users shopping

Facebook Inc. is making another run at building a shopping empire — and this time it has the direct involvement of the company’s most important executive, Mark Zuckerberg. The Facebook chief executive announced a handful of updates Tuesday signaling …
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Airlines Detect Signs of Nascent Recovery

Airline executives said people are starting to book flights again, a potential inflection point after the coronavirus pandemic decimated travel demand in recent months. Top U.S. carriers said Tuesday at an industry conference and in filings that new bookings …
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