Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition.
Read More Nike CEO To Retire As Sportswear Company Sales DropTag: Chief Executive Officer
FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges
If a judge accepts the company’s bankruptcy plan, certain customers of the defunct cryptocurrency exchange FTX may be entitled to receive the full amount of money they lost.
Read More FTX Offers Refunds to Crypto Customers, Excludes Profits from Price SurgesBoy Scouts Announce Name Change for First Time in 114-Year History Amid Bankruptcy
The Boy Scouts of America will officially be changing its name for the first time in its 114-year history. The organization will soon be referred to as Scouting America.
Read More Boy Scouts Announce Name Change for First Time in 114-Year History Amid BankruptcyPeloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%
Peloton’s Chief Executive Officer has officially stepped down from the role as the popular fitness company is planning to cut 15% of its global workforce.
Read More Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%