Business > U.S.

Best Buy starts investigation into CEO's personal conduct

1 month ago   |   By Reuters

U.S. consumer electronics retailer Best Buy Co said on Friday its board was conducting an independent review on allegations of misconduct against Chief Executive Officer Corie Barry after receiving an anonymous letter.
Read more ...

 

Best Buy investigates claims that its CEO was romantically involved with another executive

Best Buy investigates claims that its CEO was romantically involved with another executive

1 month ago   |   By Business Insider

Best Buy is investigating allegations that CEO Corie Barry was romantically involved with a fellow executive, the company confirmed to Business Insider on Friday.
The claims were made in an anonymous letter that was sent to the retailer in December.
Visit Business Insider's homepage for more stories.
Best Buy is investigating claims that its CEO, Corie Barry, was involved in a romantic relationship with a fellow executive, the company confirmed to Business Insider on Friday.
"The board has my full cooperation and support as it undertakes this review, and I look forward to its resolution in...
Read more ...

 


Search by Tags

   U.S.      BusinessNews  


Apple reportedly plans to release an iPad keyboard this year with a built-in...

Apple reportedly plans to release an iPad keyboard this year with a built-in trackpad, moving it one step closer to a true laptop alternative

Apple is planning to release an iPad keyboard later this year with a built-in trackpad, according to The Information . The built-in track pad would bring the iPad one step... Read more ...

Dow plunges 1,191 points on coronavirus fears, while S&P 500 posts its worst...

Dow plunges 1,191 points on coronavirus fears, while S&P 500 posts its worst day since 2011

All major US equity indexes plunged more than 4.4% on Thursday, with each entering correction territory. That means they've both fallen more than 10% from recent highs. The... Read more ...

Maria Sharapova arrived in the US at age 7 with $700 but is retiring from...

Maria Sharapova arrived in the US at age 7 with $700 but is retiring from her 17-year professional tennis career with millions. Here's how she made her fortune

Maria Sharapova just announced her retirement from professional tennis at the age of 32. She has won five Grand Slam titles, making her the eighth highest-paid tennis player of... Read more ...

The wildly popular simulation game 'Plague Inc' has been pulled from the...

The wildly popular simulation game 'Plague Inc' has been pulled from the iPhone's Chinese app store amid the ongoing coronavirus crisis in China

A long-running, wildly popular game that simulates a worldwide pandemic was just pulled from Apple's iPhone app store in China. The game's use spiked in China after the... Read more ...

The grandfather of a toddler who fell from the 11th floor of a Royal...

The grandfather of a toddler who fell from the 11th floor of a Royal Caribbean cruise ship is pleading guilty to negligent homicide to help end his family's 'nightmare'

Salvatore Anello, whose 18-month-old granddaughter died last year after falling from the 11th floor of a Royal Caribbean International cruise ship, is pleading guilty to... Read more ...

The global economy could post its worst year since the financial crisis as...

The global economy could post its worst year since the financial crisis as coronavirus weighs on already slowing growth, Bank of America says

Bank of America on Thursday cut its 2020 global GDP growth forecast to 2.8%, the lowest reading since the financial crisis. The lowered outlook is due to already weak... Read more ...

DoorDash just confidentially filed IPO paperwork as it prepares to go public

DoorDash just confidentially filed IPO paperwork as it prepares to go public

Doordash is preparing for a public offering and has confidentially filed IPO paperwork with the SEC, the company announced Thursday. The food-delivery startup has made a series... Read more ...

Coronavirus fears could plunge stocks into a bear market, RBC warns

Coronavirus fears could plunge stocks into a bear market, RBC warns

If the S&P 500 sell-off over coronavirus fears continues, stocks could fall into a bear market, Lori Calvasina of RBC wrote in a Thursday note. If stocks fall 10% and pessimism... Read more ...

Obama's lawyers say a Trump super PAC is taking the former president's...

Obama's lawyers say a Trump super PAC is taking the former president's statements out of context in a Biden attack ad

Lawyers representing former President Barack Obama sent a cease-and-desist letter on Wednesday to a super PAC supporting President Donald Trump's reelection. The letter says... Read more ...

One of Iran's vice presidents has been infected with coronavirus

One of Iran's vice presidents has been infected with coronavirus

Masoumeh Ebtekar, one of Iran's vice presidents, has coronavirus. Ebtekar is perhaps best known outside of Iran for her role as a spokesperson for Iranian students who took... Read more ...