Business

Neiman Marcus is asking a federal bankruptcy court in Texas to allow nearly $ 10 million in salary increases for CEO Geoffroy van Raemdonck and seven other executives as the company goes through debt restructuring. © CBS neiman_01.jpg The proposed compensation plan covers staff who are “critical to daily operations” …

Remember, if you can, that pre-pandemic world where issues like the Red Sox ‘declared and then dismissed the desire to plunge under the luxury tax line were paramount. While there are much bigger concerns now, even just in the realm of baseball finance, the luxury line remains a real moment …

The stock market has been largely shaken from the historically abrupt declines that made headlines earlier this year. the Dow Jones Industrial Average only dropped 6%, the S&P 500 is sitting near the equilibrium point, and the NASDAQ it is up about 17% to date. While it’s unclear what will …

Yoshihiko Matsuo, the creator of the Nissan / Datsun Z car, died on July 11 at the age of 86, he reports. Road track. Matsuo was known for his direct and senseless ways that often pitted him against the direction of his corporate bosses and ultimately led to the design …

President Donald Trump has yet to comment on the death of Rep. John Lewis, despite being active on social media when the news was announced. Lewis, a civil rights icon, died at age 80 on Friday, seven months after he was diagnosed with pancreatic cancer. Presumptive Democratic presidential candidate Joe …