A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox.Housekeepers in Palm Beach and South Florida are cleaning up, with salaries often topping $150,000 and bidding...
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British retail sales plunge 2.3% in April, missing estimates
People walk in the rain over the London Bridge in central London on March 12, 2024.Lucy North - Pa Images | Pa Images | Getty ImagesLONDON โ U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.Economists polled by Reuters...
Frontier Airlines CEO urges crackdown of ‘rampant abuse’ of airport wheelchair service
Frontier Airlines plane seen at Cancun International Airport. On Wednesday, December 08, 2021, in Cancun International Airport, Cancun, Quintana Roo, Mexico.Artur Widak | Nurphoto | Getty ImagesThe 1986 Air Carrier Access Act requires airlines to provide a wheelchair for passengers with disabilities at the airport. The problem, though, is that...
Op-ed: How activist investors are deactivating with proxy battle losses
Jeffrey Sonnenfeld, Yale School of ManagementScott Mlyn | CNBCAs this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year โ most prominently at Disney and Norfolk Southern โ raises the question: Are activist investors increasingly getting de-activated, losing their credibility and...
Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on February 17, 2023. EPA | Anadolu | Getty ImagesNorfolk Southern has agreed to pay $310 million to settle charges over a toxic train derailment in East Palestine, Ohio, in February 2023,...