Industry expert Cathie Wood commented on a false post on X from Securities and Exchange Commission (SEC) Chairman Gary Gensler that upended Bitcoin prices and caused confusion for investors. “I was actually giving an interview, pulled up the tweet, and the first thing I saw was the Bitcoin logo in an SEC tweet. And I […]
By Stephen Nellis (Reuters) – Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China for his firm’s $14 billion bid to acquire Juniper Networks. HPE on Tuesday offered to buy the networking firm, which makes custom networking chips and gear that can be used […]
Boeing hosted a company-wide webcast on Tuesday for the first time since a door plug blew off a 737 MAX 9s in midair last week. In response, the FAA canceled thousands of flights nationwide so the incident could be investigated. The virtual meeting provided an opportunity for CEO Dave Calhoun to address employees as he […]
After nearly 40 years, a Sparta estate once home to one of the most legendary CEOs of the era of excess, RJR Nabisco’s F. Ross Johnson, is back on the market. Johnson’s former hilltop retreat at 210 East Mountain Road is quickly gaining interest, however, partially due to its four-season splendor, said Ryan McGurl, the […]
Blazers and slacks outshone chipmakers in 2023 despite the furore around AI—and the CEO of Abercrombie & Fitch says targeting young millennials was the golden ticket. Ohio-based Abercrombie & Fitch exploded onto the market in the 1990s with its all-American college sports aesthetic. But with a boom in online retail and with fast fashion flooding […]
STORY: The CEO of an Indian AI startup has been arrested on suspicion of murdering her four-year-old son after his body was found in her luggage. That’s according to the police on Tuesday (January 9). Suchana Seth, who heads The Mindful AI Lab in Bengaluru, was detained when she was returning by taxi from Goa…. […]
NEW YORK (AP) — JetBlue said Monday that CEO Robin Hayes will step down next month and be replaced by the airline’s president, Joanna Geraghty, who will be the first woman to lead a major U.S. carrier. Geraghty, 51, joined JetBlue in 2005 and has taken on an increasingly prominent role at the New York-based […]
Sam Altman called on the tech sector to have more “empathy” for Muslim, Arab, “and especially palestinian” colleagues amid the ongoing war in Gaza. The chief executive of ChatGPT-maker OpenAI, one of the most powerful startups in the world, said in a post on X that Muslim, Arab and Palestinian colleagues in the tech community […]
Under pressure to bolster its results, Walgreens Boots Alliance is cutting its next dividend by 48%, to 25 cents a share – a big move for a company that has been known for generous dividends and has paid them for more than 90 years. The pharmacy giant narrowed its net loss in the fiscal 2024 […]
Jan. 3—Kelli Campbell’s motivation to take over as chief executive officer of Acceleration Academies was the great work that the nation’s leading provider of tech-enabled flexible education is doing and being able to concentrate on high-need students. The network includes Acceleration Academies of Ector County in Odessa. Campbell said it helps students who have struggled […]
Microsoft (NASDAQ: MSFT) is back on top of the tech world these days, but it’s easy to forget that the company was left in the hinterlands for much of this century. While Microsoft was an early pioneer in personal computing with operating systems like DOS and then Windows, it missed the mobile transition, falling behind […]
Nikola CEO Steve Girsky is upbeat about Nikola Corp.’s prospects despite myriad challenges. (Photo: Nikola) In his career as a Wall Street analyst, an adviser to the United Auto Workers and a vice chairman of General Motors, Steve Girsky made his bones by unwaveringly telling the unvarnished truth to power. As the CEO of struggling […]