Brands Gap Inc. Zac Posen Gap Inc. announced the appointment of American designer Zac Posen to executive vice president, creative director of Gap Inc. and chief creative officer of Old Navy. As creative director of Gap Inc., Posen will serve as a cultural curator and creative partner to CEO Richard Dickson, joining the company’s executive […]
Shares of cruise ship company Carnival Corp. (NYSE: CCL) sank by 10.6% in January, according to data provided by S&P Global Market Intelligence. Other cruise and travel stocks performed comparably during most of the month. However, Carnival stock dropped more than its peers later in the month, signaling something specific to the company. The market was […]
The Cigna Group will sell its Medicare business to another insurer, Health Care Service Corp., for about $3.7 billion. Cigna said Wednesday the deal includes its Medicare Advantage insurance, a supplemental benefits business and Medicare prescription drug coverage. Medicare Advantage plans are privately run versions of the government’s Medicare program mostly for people ages 65 […]
(Reuters) – Data storage products maker Western Digital Corp posted a wider-than-expected quarterly adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD businesses. Shares of the company were down about 4% in after-market trading. Last quarter, the company said it would spin off its flash […]
MELBOURNE, Australia (AP) — X Corp., the owner of the social media platform formerly known as Twitter, has slashed its global trust and safety staff by 30% including an 80% reduction in the number of safety engineers since billionaire Elon Musk took over in 2022, Australia’s online safety watchdog said on Thursday. Australia’s eSafety Commission, […]
The calendar has changed from 2023 to 2024, but Intel development, road construction, commercial and residential developments, the fight over utilities and the Etna Township trustees will continue making news in the new year. Some new events expected in 2024 include the transformation of Moundbuilders Country Club into a public park providing continual access to […]
Dec. 29—Statewide, Indiana high school graduation rates are up this year, with data showing 88.98% of students in the Class of 2023 graduating, up from 86.52% in 2022. The Indiana Department of Education (IDOE) released the 2023 state graduation rates on Friday. In Vigo County, the graduation rate this year is 77.04%, down slightly from […]
Fallout shelter. Shares of Canadian uranium miner Cameco Corporation (NYSE: CCJ), which have more than doubled in price over the past year and hit an all-time high late last month, turned tail and dropped 5.6% through close of trading Tuesday. The sudden, sharp decline followed Cameco’s giving of an “investor day” presentation this morning, which […]