Herbalife's largest shareholder selling off bulk of ownership stake

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Herbalife's largest shareholder selling off bulk of ownership stake

The largest individual shareholder in Herbalife Nutrition Ltd., billionaire Carl Icahn, has sharply reduced his ownership stake in the company. Herbalife has at least 750 employees in Winston-Salem at its East Coast hub operations. Herbalife said in a press …
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Phil and Penny Knight gave 2nd and 3rd largest US charitable donations of 2020

Facebook’s founder Mark Zuckerberg and his wife, Priscilla Chan, delivered the fourth-largest donation on the Chronicle’s list: A $250 million gift to the Center for Tech and Civic Life, which worked on voting security issues in the 2020 election.
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Jack Ma's disappearing act fuels speculation about the billionaire's whereabouts

Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory …
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Minimum wage in New Jersey increases to $12 an hour

Beginning Jan 1., the state’s minimum wage went up a dollar to $12 an hour. The scheduled annual increase is part of a deal signed by Gov. Phil Murphy to get to $15 an hour by 2024. It comes as more than 1.5 million residents are out of work, and many …
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Hundreds of temps at GM's Flint Assembly to be converted to full time

Around Dec. 23, General Motors Flint Assembly Shop chairman and the plant manager mailed letters to 300 temporary workers as a holiday surprise. The letters told the workers that they would be converted to full time by the end of January. “A lot of them …
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