A former Target executive claimed that there was one item that sparked widespread boycott calls against the big box chain. Former Target Vice Chairman Gerald Storch said in a Sunday interview with Fox News that a number of retailers, including Target, have sold pro-LGBT merchandise over the past several years and claimed that “everybody carries that…
3M Fires Company Executive for Inappropriate Conduct Weeks After Promotion
WASHINGTON—3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced. Vale was promoted to group president and chief business and country officer just last month. Vale worked at 3M for more than 30 years, according to an…
Former Theranos Executive Headed to Prison After Losing Appeal
April 7, 2023
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Former Theranos executive Ramesh “Sunny” Balwani will be heading to prison later this month after an appeals court rejected his bid to remain free while he contests his conviction for carrying out a blood-testing hoax with his former boss and lover, Elizabeth Holmes. After the Ninth Circuit Court of Appeals issued a decision refusing Balwani’s…
NTD News Today (Dec. 28): Kari Lake Appeals Election Lawsuit Dismissal; Gov. Abbott Defends Sending Buses to VP’s Home
Arizona gubernatorial candidate Kari Lake has filed an appeal. She is contesting a Maricopa County judge’s ruling to dismiss her lawsuit challenging the midterm election results. Texas Governor Greg Abbott on Dec. 27 defended sending illegal immigrant buses to Washington D.C. on Christmas Eve. Also on Dec. 27, President Biden responded to border policy Title 42 staying in place for now,…
Judge Orders Twitter to Give Elon Musk Former Executive’s Documents
August 16, 2022
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WILMINGTON, Del—Twitter Inc. needs to give Elon Musk documents from a former Twitter executive who Musk said was a key figure in calculating the amount of fake accounts on the platform, according to a Monday court order. Bot and spam accounts on Twitter have become a central issue in the legal fight over whether Musk,…
Deutsche Bank’s M&A Business in Fourth Quarter Extremely Strong, Executive Says
December 17, 2021
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FRANKFURT—Deutsche Bank’s merger and acquisition advisory business in the United States has been “extremely strong” in the fourth quarter, a bank executive said on Wednesday, adding that he was optimistic for 2022. Once Deutsche’s problem child, the investment bank is the lender’s biggest revenue generator, benefiting from a pandemic-induced trading boom and a wave of…
Latest Attempt to End Pennsylvania’s School Mask Mandate Fails
October 21, 2021
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The latest Republican-led bid to end mandatory masking of Pennsylvania school children failed Thursday in Harrisburg in a 4–7 vote by the little-known Joint Committee on Documents. In August, Gov. Tom Wolf, a Democrat, asked the General Assembly to approve a mandate requiring all schools and childcare centers to make children wear masks to prevent…
Citigroup Executive Levkovich Dies a Month After Being Hit by Car
October 2, 2021
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Citigroup Inc.’s chief U.S. equity strategist, Tobias Levkovich, died on Friday from injuries he suffered after being struck by a car a month ago, the Nassau County Police Department on New York’s Long Island said in a statement. Levkovich, 60, was hit by a car while crossing a street in Woodmere, Long Island, at about…
Tokyo Prosecutors Seek Two-Year Sentence for Former Nissan Executive Kelly
TOKYO—Japanese prosecutors asked a Tokyo court on Wednesday to send former Nissan Motor executive Greg Kelly to prison for two years for his alleged part in helping Carlos Ghosn, the carmaker’s ousted CEO, hide earnings. Prosecutors, who are also seeking a 200 million yen ($1.8 million) fine for the Japanese carmaker, called for the jail…
Former Mylan Executive Pleads Guilty to Insider Trading
A former information technology executive at Mylan pleaded guilty on Friday to insider trading for using tips from the drugmaker’s chief information officer (CIO) to trade in its stock, generating $4.27 million of illegal profit, authorities said. Dayakar Mallu, 51, admitted to conspiring to commit securities fraud, and to an unrelated charge of helping prepare…
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