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Tag: Bank of America Corp

More minimum wage increases expected in 2020

People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle / Getty Images The move toward a $15 minimum wage is gaining steam, with 21 states raising minimum wages …

More minimum wage increases expected in 2020Read More

RH shares surge after Warren Buffett’s Berkshire reveals new stake

Shares of RH surged 7.6% on Friday, a day after Warren Buffett’s Berkshire Hathaway revealed it owned 1.2 million shares of the furniture retailer at the end of the third quarter. Berkshire announced the stake in a filing with the Securities and Exchange Commission. The stock of RH, formerly known as Restoration Hardware, has rallied …

RH shares surge after Warren Buffett’s Berkshire reveals new stakeRead More

It’s not just Boeing. More companies are splitting CEO and chairman roles

Dennis Muilenburg, chief executive officer of Boeing Co., listens during a Senate Commerce, Science and Transportation Committee hearing in Washington, D.C., U.S., on Tuesday, Oct. 29, 2019. Bloomberg | Bloomberg | Getty Images Boeing‘s board stripped CEO Dennis Muilenburg of his chairmanship on Oct. 11, as the company struggles with the aftermath of two crashes …

It’s not just Boeing. More companies are splitting CEO and chairman rolesRead More