-
Trump's Son-In-Law-Backed Software Giant QXO Drops 80% In Pre-Market, Valuation Nosedives From $90B To $8.6B
Tuesday, July 30, 2024 - 7:13am | 381In a shocking turn of events, QXO Inc. (NASDAQ:QXO) a company associated with former President Donald Trump‘s son-in-law Jared Kushner, experienced a drastic 80% drop in pre-market trading. The company’s shares fell sharply to $12.00 from Monday’s closing price of $60.50,...
-
FreightWaves 3PL Summit: Brad Jacobs On Diversity, Automation And COVID Recovery
Tuesday, July 21, 2020 - 1:23pm | 1304Brad Jacobs, chairman, and CEO of XPO Logistics (NYSE: XPO), is committed to improving the diverse culture XPO is striving to build for its employees, but doing so requires listening to employees, he said during the keynote address of FreightWaves' Virtual 3PL Summit on Tuesday morning. "There is...
-
The King Of Acquisitions Says M&A Is 'Not In Our Life At The Moment'
Tuesday, April 4, 2017 - 2:06pm | 401CNBC's Mike Santoli made the case that M&A activity is poised to surge throughout 2017. But don't expect Brad Jacobs, the CEO of XPO Logistics Inc (NYSE: XPO), to take part in any deals. According to a Bloomberg report, XPO's business completed more than 500 different transactions over the past...