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The owner of a Las Vegas casino surprises 5,000 employees with $5,000 bonuses. The Cosmopolitan of Las Vegas’s employee appreciation and awards luncheon exploded in jubilant chaos on Wednesday when the resort’s chief executive announced that all 5,400 employees would receive a $5,000 bonus. “It’s great!” exclaimed Edgar Rives, a …
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Adani Wilmar Has Overtaken Hul As India’s Largest FMCG Firm Adani Wilmar Ltd. (AWL), a packaged foods company, today reported revenue from operations of Rs 54,214 crore for FY2021-22, up 46.2 percent year on year (YoY). With this increase in revenue from Rs 37,090 crore the previous year, billionaire Gautam …
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Apple hires Desi Ujkashevic, a Ford veteran, to expand its electric-car work. Apple Inc. has hired a former Ford Motor Co. executive who oversaw safety and vehicle engineering, indicating that the iPhone maker is resuming the development of an electric vehicle. According to people familiar with the situation, the tech …
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Jonathan Shroyer – A Leader with the vision of a Better Future. Jonathan Shroyer is always looking to the future. “When I imagine the future of service, I see brands focusing on emotional affinity,” says Shroyer, a veteran of the customer experience industry and our Person of the Year. “Is …
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Microsoft Deal Could Bring Activision CEO Kotick $520M Kotick owns 4.3 million shares and has the option to buy another 2.2 million through the exercise of options, for a total value of $520 million at Microsoft’s current share price of $95 per share. After Microsoft Corp. completes its purchase of …
Continue reading “Activision Ceo Kotick Could Reap $520 Million On The Microsoft Deal.”
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Carvana’s millionaire founders, a father and son combo, are rapidly depleting their fortune. Carvana Co., a used-car seller, said it faced a “uniquely difficult environment” in the first three months of the year after reporting a larger-than-expected quarterly loss. This is wreaking havoc on the fortunes of the Phoenix-based firm’s …
Continue reading “Carvana’s millionaire father-son partnership is rapidly losing money.”
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ANS Commerce, a D2C SaaS firm, has been acquired by Flipkart. ANS Commerce was also a participant in Flipkart’s tech startup accelerator programme, Flipkart Leap, in 2021. ANS Commerce works with over 100 clients from various industries, including enterprises, mid-market, and direct-to-consumer brands, to help them transition to digital commerce. …
Continue reading “Flipkart Acquires d2c SAAS Startup Ans Commerce.”
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Rakul Preet Invests in Wellbeing Nutrition Wellbeing Nutrition, a plant-based entire food nourishment company, has recently declared that Rakul Preet Singh is currently an investor in the brand. Founded in around 2019 by Avnish Chhabria, Wellbeing Nutrition makes blends of Daily Wellness, Functional Nutrition, Kids Organic Nutrition, and Natural Nutricosmetics. …
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Hilton Hotel Chain—the world’s second-largest hospitality group—Billionaire Robert Kuokof Shangri-La As countries gradually open up to international visitors, they are speeding up expansion plans throughout the Asia-Pacific region, betting on a post-pandemic recovery. Among global players, Hilton is actively expanding across the region, with plans to more than double its …
Continue reading “Following the Pandemic, Hilton and Shangri-la Hotels Are Expanding Across Asia.”
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Elon Musk was sued on Tuesday by previous Twitter Inc (TWTR.N) investors who guaranteed they passed up the new run-up in its stock cost since he stood by too lengthy to even think about uncovering a 9.2% stake in the web-based entertainment organization. In a specific proposed class activity documented …
TIM EDITORIAL
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