Chief Financial Officer Jamie Miller told Yahoo Finance the dividend cut was an important reset as the company enters a new era.
Mellody Hobson, president of Ariel Investments—who has pounded the table on the importance of diversity at companies—says this is key. “If you want to be world class, if you want to have a workforce that represents all the customers you’re going to have and all the ideas that are going to be important to them, I think you need to make sure that everyone’s in the room,” Hobson told Yahoo Finance at the Dreamforce conference in San Francisco. Hobson added that for companies to make progress in increasing diversity, they need to have a sense of urgency.
The first estimate for third quarter GDP came in strong at 3%. But this doesn't mean it can last or be the solution to paying for the proposed tax cuts
Marriott CEO Arne Sorenson said that anti-globalism rhetoric from the current administration has caused the US to lose share of international travel.
ADP CEO Carlos Rodriguez told Yahoo Finance that the battle with Bill Ackman has focused a lot of talk on cost cutting when it should be about growing the top line.
OMB Director Mick Mulvaney says he has come to the realization that 'we are never going to balance the budget just on spending reductions'