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The Wall Street Journal

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Vince McMahon 'Steps Back' As CEO Of Fairfield County-Based WWE Amid Misconduct Probe Vince McMahon 'Steps Back' As CEO Of Fairfield County-Based WWE Amid Misconduct Probe
Vince McMahon 'Steps Back' As CEO Of Fairfield County-Based WWE Amid Misconduct Probe Vince McMahon has “voluntarily stepped back” from his duties as CEO and chairman of Connecticut-based World Wrestling Entertainment, Inc., while the company's board of directors investigates claims of misconduct against him, the company announced Friday morning, June 17. The WWE, whose headquarters in Fairfield County is located in Stamford, said that a Special Committee of the Board is conducting the probe and that McMahon's move is effective immediately and will remain in place until the conclusion of the investigation.  "McMahon will retain his role and responsibilities related to W…

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by Joe Lombardi
Business
Charli D'Amelio, Age 17, Of Fairfield County Is Outearning Top CEOs By Millions Charli D'Amelio, Age 17, Of Fairfield County Is Outearning Top CEOs By Millions
Charli D'Amelio, Age 17, Of Fairfield County Is Outearning Top CEOs By Millions A teen social media star from Connecticut is outearning some of the most successful CEOs in the US by millions of dollars, according to new reports by Forbes and the Wall Street Journal. With 133 million TikToker followers, 17-year-old Fairfield County resident Charli D'Amelio, of Norwalk, who started posting to TikTok in 2019 -- has the video-sharing app's largest following, Forbes says. Last year, she brought in $17.5 million. The median pay for chief executives of S&P 500 companies in 2020 was $13.4 million, the WSJ reports. Darren Woods was the highest-earning CEO of 2020, brin…

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by Cecilia Levine
Business
CVS Expanding In-Store Counseling Pilot Program CVS Expanding In-Store Counseling Pilot Program
CVS Expanding In-Store Counseling Pilot Program CVS is expanding a program to offer counseling sessions from mental-health providers in its stores. The Wall Street Journal reported that the company began piloting the program earlier this year at 13 locations. CVS is now set to expand the program to 34 locations after seeing a high return rate among customers who had a consultation, the news outlet said. CVS said the counseling sessions take place in a private room in the store. WSJ reported that a 30-minute counseling session costs $69. It costs $129 for a mental-health assessment. The news outlet reported that some Walmart Health loc…

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by Nicole Valinote