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Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge

Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge

Jason Wilk Source: Jason Wilk Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm. It was June 2023, and shares of his company had recently dipped below $5 apiece. Desperate to keep Dave afloat, Wilk found himself at a Los

Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge Read More »

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau on Friday sued the operator of

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud Read More »

Starbucks baristas strike in three U.S. cities during pre-Christmas rush

Starbucks baristas strike in three U.S. cities during pre-Christmas rush

Starbucks Workers United union members and supporters on a picket line outside a Starbucks coffee shop in New York, US, on Thursday, Nov. 16, 2023.  Victor J. Blue | Bloomberg | Getty Images Starbucks baristas in some locations are planning to strike through Christmas Eve, starting with cafes in Los Angeles, Chicago and Seattle on

Starbucks baristas strike in three U.S. cities during pre-Christmas rush Read More »

From Nike to Intel, CEO departures at U.S. companies hit a record this year

From Nike to Intel, CEO departures at U.S. companies hit a record this year

Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former Intel CEO Pat Gelsinger (Getty Images) TL: CNBC | TR: Getty Images | BL: Reuters | BR: Getty Images Retired, ousted or poached, CEOs headed for the exits this year. U.S. public

From Nike to Intel, CEO departures at U.S. companies hit a record this year Read More »

Nike jumps 8% after retailer posts better-than-feared results in Elliott Hill’s first quarter as CEO

Nike jumps 8% after retailer posts better-than-feared results in Elliott Hill’s first quarter as CEO

Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike on Thursday posted better-than-expected results under new CEO Elliott Hill, who said the company is taking “immediate action” to fix the business and return it to growth. While expectations were

Nike jumps 8% after retailer posts better-than-feared results in Elliott Hill’s first quarter as CEO Read More »

Pro pickleball players are now getting a higher salary than WNBA, NWSL players

Pro pickleball players are now getting a higher salary than WNBA, NWSL players

NEW YORK CITY, NY – SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2024 at Wollman Rink in New York, New York. (Photo by Andrew Mordzynski/Icon Sportswire via Getty Images) Icon Sportswire | Icon Sportswire | Getty Images Pickleball is paying

Pro pickleball players are now getting a higher salary than WNBA, NWSL players Read More »

FAA: Drone flights are temporarily banned over some areas of New Jersey

FAA: Drone flights are temporarily banned over some areas of New Jersey

A drone or SUAV, Small Unmanned Aerial Vehicle. Richard Newstead | Moment | Getty Images The Federal Aviation Administration on Wednesday temporarily banned drone flights over 22 areas across New Jersey amid complaints of strange and often bright drones in the night sky. “At the request of federal security partners, the FAA published 22 Temporary

FAA: Drone flights are temporarily banned over some areas of New Jersey Read More »

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