CEOs
Business titans like Jamie Dimon and Bill Gates reportedly back Kamala Harris — but not publicly.It may be driven by fears of retribution from Trump and what a second term would bring.But it could also be that wading into politics is bad for business. Both Vice President Kamala Harris and…
Plasma exchange therapy is gaining popularity as a wellness trend among longevity-seekers.The procedure involves replacing plasma to remove toxins, typically from specific health conditions.There’s limited evidence it can boost longevity or benefit otherwise healthy people. A medical treatment used for health emergencies and autoimmune disorders is becoming the hot new…
AI mostly outperformed human executives in an experiment by University of Cambridge researchers.But AI wasn’t as good at making decisions in unexpected “black swan” events.That led to AI getting fired by a virtual board of directors more quickly than humans. Can we throw CEOs out of their offices and replace…
By Joe Brock, David Shepardson and Tim Hepher (Reuters) – Boeing (NYSE:) said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg. Ortberg who took over in August said Ted Colbert would be…
By Svea Herbst-Bayliss and Richa Naidu NEW YORK/LONDON (Reuters) – When two of the most powerful brands in retail and packaged foods last month ousted their CEOs, it signaled corporate boards are more ready to toss top executives before activist investors tell them to act. The tenure for U.S. retail…
Boeing’s new CEO chalked up another win with Sunday’s tentative union deal, but one detail stands out most: the commitment to building its next airliner in the Seattle area.Kelly Ortberg has been at the helm of Boeing for one month and has already faced difficulties like the Starliner fiasco and…
By Byron Kaye and Rishav Chatterjee (Reuters) -Australia’s Qantas said it was cutting its former CEO’s exit bonuses by A$9.3 million ($6 million) after an external review found him responsible for measures alienating travellers, employees and shareholders in the COVID era and beyond. The decision marks a gloomy footnote to…
The 37-year-old businessman, lawyer, and K-pop enthusiast grabbed headlines when he appeared as a cast member in the Netflix series “Super Rich in Korea.”But the self-proclaimed “multi-hyphenate influencer CEO” is now facing some serious allegations from prosecutors in Singapore.On August 1, Yong was arrested by the Singaporean police. He was later charged…
Prominent tech CEOs and billionaires condemned the shooting at a Trump rally on Saturday, with some voicing their support for former President Donald Trump.At least two people, including the suspected shooter, were killed on Saturday after shots were fired at the rally in Butler, Pennsylvania, according to a statement from…
Costco has long been one of the highest-paying employers in retail — a reputation on track to continue as hourly workers in the US, Puerto Rico, and Canada are scheduled for raises later this month.In a memo to employees on Monday obtained by Business Insider, CEO Ron Vachris said pay…
