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Gildan Focus Now Turns to Growth With New Board, Former CEO’s Expected Reinstatement
The focus, analysts say, now turns to the Canadian clothing maker’s ability to bring growth back from a period of stagnating demand and lift the stock out of its slump.
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Jeep and Ram Dealers Gripe to Stellantis as Cars Sit on Lots
The automaker is cutting prices and launching an unusual incentive program following a meeting with retailers.
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GameStop Raises $933 Million from Past Week of Stock Sales
GameStop has completed the share offering it launched a week ago in the wake of a stock rally, saying it sold the maximum number of shares it had registered for $933.4 million in proceeds.
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Gildan Names Glenn Chamandy as President and CEO
Gildan Activewear said Glenn Chamandy, the company’s former CEO, will return as CEO following the resignation Thursday evening of Vince Tyra, president and CEO, and the entire board of directors.
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UAW Files Objections To Mercedes-Benz Unionization Vote
The NLRB’s regional director overseeing the election will review the UAW’s complaints and could order a new election after a hearing if the objections are deemed valid.
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Here’s where the last $6 billion in CHIPS Act semiconductor award money is going
The Commerce Department is weighing how to allocate the final $6 billion in CHIPS Act award money to fund semiconductor suppliers, legacy chipmakers and others.
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CIO shares Nvidia alternatives to cash in on the AI theme: ‘There’s another way to play this’
Nvidia is showing no signs of slowing down, but there are other ways to play the AI trend, according to a CIO, who recommends “old economy” firms.
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OpenAI sends internal memo releasing former employees from controversial exit agreements
OpenAI on Thursday sent an internal memo releasing former employees from non-disparagement agreements that did not expire, which had incited controversy.