The company under CEO Mauricio Gutierrez is taking action to win over shareholders as it faces pressure from activist investor Elliott Investment Management.
The FTC sued Amazon, alleging that the retail giant worked for years to enroll consumers without consent into Amazon Prime and made it difficult to cancel their subscriptions to the program.
Elliott Investment Management is ratcheting up the pressure on NRG Energy and is now seeking to oust its chief executive, according to people familiar with the matter.
The CEO said he is devoting himself to artificial intelligence and new inventions after what he described as a tear-filled rethinking of his life’s mission.
Intelligence prompted suspicions that China’s telecom giants might be playing a role in the expansion of Beijing’s eavesdropping capabilities on the island.
The major indexes marched higher in recent weeks as enthusiasm around artificial intelligence sent investors flocking to shares of megacap tech stocks.