Governance 3 May 2026

Kelly Services Eyes Holiday Return as Governance Plans Catch Attention
····

Kelly Services Eyes Holiday Return as Governance Plans Catch Attention

Kelly Services Class A shares rose 10% this week to $10.66 amid a new governance request from Hunt Equity, which controls 92.2% of Class B shares and asked for a special committee to review possible transactions. Johnson Fistel launched a fiduciary-duty investigation into the board. No formal deal has been proposed. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
May 25, 2026
JPMorgan, Citi Governance Spotlight Widens After $52 Million Banker Hire and Lawmaker Stock Sale
···

JPMorgan, Citi Governance Spotlight Widens After $52 Million Banker Hire and Lawmaker Stock Sale

Citi’s hiring of former JPMorgan banker Viswas Raghavan is under scrutiny after reports said JPMorgan had decided he had no long-term future there due to management concerns. Citi disputed the characterization of its hiring process. Separately, Rep. Lizzie Fletcher disclosed selling up to $15,000 in inherited JPMorgan shares. U.S. markets were closed Saturday.
May 3, 2026

Stock Market Today

  • Australia's Truck Drivers Struggle Amid Rising Diesel Costs and Fuel Crisis
    May 30, 2026, 6:39 PM EDT. Australia's truck drivers face escalating challenges as diesel prices surged from about $1.80 to $3.20 per litre amid a global fuel crisis triggered by the war in Iran. Owner-driver Frank Black illustrates the sector's hardship, citing that fuel now consumes a disproportionate share of income, forcing many to halt work temporarily. Industry expert David Peetz warns of growing insolvency rates in the logistics sector, where operating costs, including truck maintenance and delayed payments, strain profitability. High baseline expenses, sometimes over $200,000 annually, threaten the sustainability of small operators, with many facing potential bankruptcy or ceasing operations entirely.