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" ... Friedman’s critics say that financial maneuvers have artificially pumped up the stock and mask a flawed growth strategy. Between February and July 2017, the company used debt to buy back $1 billion of its own stock (50% of the company). Then in October 2018, with shares flagging from a June peak of $164, RH’s board approved another $700 million in share repurchases. Some also question Friedman’s incentives. In May 2017, two days before announcing a big chunk of the buybacks, the board okayed a pay plan in which he can purchase up to 1 million steeply discounted shares if the stock crosses $100, $125 or $150, at certain points between 2018 and 2021. ... "
" ... Mann, at home watching the game from her couch that night so that she could experience it as a viewer and “with her electronics,” still remembers “the moment I approved the tweet,” she said, which had to be okayed by her, the legal team and the communications team. ... "
" ... The medicine binds to the interleukin-4 receptor, which Yancopoulos, on the strength of genetic studies in mice and humans, believes is a key actor in all sorts of allergic conditions. In March, the Food & Drug Administration okayed Dupixent for atopic dermatitis, a form of eczema, and may follow up with an approval for asthma later this year. ... "