Author: Lew
Expedia books itself a new CEO and slashes 1,500 jobs
The travel booking site is cutting jobs as part of “an organizational and technological transformation.” This transformation represents 9% of its total headcount. <https://finance.yahoo.com/news/expedia-cut-1-500-jobs-222833758.html>
Closing bell clicks (Feb. 26, 2024)
FTC opens its 30,000th lawsuit against the Kroger-Albertson’s merger <CNBC> The one major tech player the FTC hasn’t sued, Apple, might be facing a justice department lawsuit <WSJ> Kellog’s CEO says to save cash by having cereal for dinner <NYPost>
Fiat luxe
Hopefully this is the most pretentious title that will ever appear on the website, but since it’s the very beginning, it’s appropriate. And what is beginning, exactly? A business site. One that is free of the doublespeak and the press releases that litters the financial news press. It’s too soon to lay out a comprehensive mission statement or vision – those are still being formed...
