Jide Zeitlin, the CEO of Tapestry Inc., who is the parent company of Kate Spade, Coach, and Stuart Weitzman, has suddenly stepped down from his position amid allegations of misconduct. Zeitlin, who has been the company’s chairman since 2014, has been accused of allegations of misconduct by a woman who he had a relationship with … Continue reading “CEO of Parent Company of Coach has Suddenly Resigned”
Hot Stocks
Hot Stocks
Snap Shares Fall as Company Misses User Growth Expectations
Snap Inc., the parent company of Snapchat reported its second quarter financial results this week…
July 23, 2020
Hot Stocks
Tesla Gets Another Price Target Hike From a Top Analyst
Shares of Tesla have rallied over 200% this year and watching the electric vehicle maker's…
July 21, 2020
Hot Stocks
Walmart is in Discussions to Sell Stake in British Supermarket Arm Asda
Big box retailer Walmart has restarted talks with potential buyers to sell a stake in…
July 21, 2020
Hot Stocks
Alcoa Shares Rally on Q2 Financial Results
Shares of aluminum producer Alcoa were soaring on Wednesday after the company posted a narrower…
July 17, 2020
Hot Stocks
Netflix Shares Fall on Disappointing Subscriber Growth in Third Quarter
Shares of streaming giant Netflix were falling about 9% in after-hours trading on Thursday after…
July 17, 2020
Hot Stocks
Top Accounts Including Kim Kardashian and Joe Biden Get Hacked on Twitter
Some of the biggest users on Twitter found their accounts hacked this week, including presidential…
July 17, 2020
Hot Stocks
Elon Musk Has Become the 7th Richest Person in the World
Well it was only a matter of time with the way electric vehicle maker Tesla…
July 13, 2020
Hot Stocks
Hewlett Packard to Buy Silver Peak for $925 Million
The new trading week started off with a big acquisition announcement from Hewlett Packard Enterprise…
July 13, 2020
Hot Stocks
Amazon Has Banned Employees from Using TikTok on Their Phones
Earlier in the week, U.S. Secretary of State Mike Pompeo revealed that the United States…
July 10, 2020
Hot Stocks
Walgreens Shares Fall on Q3 Earnings Miss
Shares of Walgreens Boots Alliance Inc. were falling on Thursday after the pharmacy retailer reported…
July 10, 2020
Hot Stocks
GM is Pushing Towards Electric Vehicles as it Discontinues the Chevrolet Sonic
Automaker General Motors announced this week that the production of the Chevrolet Sonic at the…
July 8, 2020
Hot Stocks
Levi’s Says Sales Fell 62% in the Second Quarter
Levi Strauss & Co reported this week that sales had fallen 62% in the second…
July 8, 2020
Hot Stocks
United Airlines Warns It May Cut Many Jobs As Coronavirus Continues to Surge
Airline United Airlines has issued a warning this week to its 36,000 front-line employees that…
July 8, 2020