The board unanimously recommends the proposed transaction, recognizing Sunoco's commitment to safeguarding Canadian jobs, retaining the Calgary head office, and further investing in Canada.
Jia Yueting's return as co-CEO comes three years after a fraud investigation, showcasing Faraday Future's ongoing internal struggles amidst its ambitions in the EV market.
"Out of an abundance of caution, a security detail was provided to Mike Reed," a Gannett spokesperson said, highlighting the company's response to increased security concerns after recent violence.
CyberAgent's recent internal investigation unveiled falsified sales estimates at CyberOwl since 2020, prompting corrective action to ensure future integrity in financial reporting.
"It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights and compliance with relevant laws and regulations, has become the subject of an allegation of conduct contrary to these principles."
On Monday, the Andy Florance-led firm announced its appointment of three new independent directors: John Berisford, Rachel Glaser, and Christine McCarthy. These directors replace Michael Klein, Christopher Nassetta, and Laura Kaplan, who all retired from the Board.
Macy's executives will have to reimburse over $600,000 in bonuses due to an $81 million earnings overstatement, significantly impacting reported financial metrics.