Insiders will sell stocks for a lot of reasons, but they only buy stocks because they’re bullish on a company. That’s why the recent purchase of stock by SoFi (NASDAQ: SOFI) CEO Anthony Noto is such a big deal. Travis Hoium covers why he may be buying in this video. *Stock prices used were end-of-day […]
Embattled Boeing CEO Dave Calhoun spent two hours Tuesday trying to persuade largely skeptical senators that the beleaguered aircraft maker had committed to safety since a pair of deadly crashes six years ago. Democrat and Republican lawmakers alike grilled Calhoun at a hearing of the Senate Permanent Subcommittee on Investigations over a series of in-flight […]
Boeing CEO David Calhoun is facing congressional lawmakers on Capitol Hill on Tuesday in a new hearing focused on safety practices at the company. The hearing, called by the Senate Permanent Subcommittee on Investigations, was prompted by the January blowout of a door panel on an Alaska Airlines flight and subsequent revelations about Boeing and […]
By Gabriel Araujo SAO JOSE DOS CAMPOS, Brazil (Reuters) -Brazilian planemaker Embraer sees itself as a “great solution” for carriers to add capacity more quickly amid constraints to ‘big’ narrowbody deliveries in the industry, Chief Executive Francisco Gomes Neto said on Tuesday. The company has seen increased demand for its commercial jets and is actively […]
(Reuters) -GE Aerospace CEO Larry Culp has declined Boeing’s request to consider taking over as the U.S. planemaker’s top boss, the Wall Street Journal reported on Monday. Boeing and GE Aerospace did not immediately respond to Reuters’ requests for comment. Culp on several occasions had said he was not interested in the job. In April, […]
U.S. lawmakers are expected to press Boeing’s chief executive Tuesday about the company’s latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners plan to be in the room, watching him. CEO David Calhoun is scheduled to appear before the Senate investigations subcommittee, which […]
In October 2018, polls showed a tight governor’s race between Republican Mike DeWine and Democrat Rich Cordray. DeWine worried he might lose, dashing his lifelong dream to be Ohio governor. With Election Day looming, DeWine sent a text message to then-FirstEnergy CEO Chuck Jones: “Chuck. Can u call me?” In another text message, DeWine told […]
The former head of the once-prominent startup Outcome Health should serve 15 years in prison, and two other former executives should serve 10 years, after the three were convicted of fraud, government prosecutors told a federal judge Friday. Former Outcome CEO and co-founder Rishi Shah is scheduled to be sentenced June 25, after a jury […]
By Suzanne McGee and Priyanka G (Reuters) – Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did not provide details on what it intends to do with its cash pile. GameStop shares were down 11.6% at $25.38 on […]
WASHINGTON (Reuters) -Boeing CEO Dave Calhoun will tell a U.S. Senate committee on Tuesday that the planemaker understands concerns about its safety culture after a January mid-air emergency involving an Alaska Airlines 737 MAX 9 raised widespread alarm. “Much has been said about Boeing’s culture. We’ve heard those concerns loud and clear. Our culture is […]
Jensen Huang is known in Silicon Valley for his meticulous attention to detail, despite tech giant Nvidia growing to a market cap of more than $3 trillion. But it was a chance encounter with a Japanese gardener that helped the CEO realize he has the time to be a perfectionist, instead of racing to the […]
The blade in Kathleen Reckling’s right hand flashes and flies, her wrist guiding it at angles her opponent will have to process instantly, or suffer the consequences. The wrist rises, the tip of the blade descends. Touch. The wrist lowers, the tip of the blade rises. Touch. She lunges straight and leans into the blade […]