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 […]
By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was […]
(Bloomberg) — Alphabet Inc. Chief Executive Officer Sundar Pichai took the witness stand at the fraud trial of Ozy Media Inc. co-founder Carlos Watson, testifying that the search giant never intended to buy the startup for any amount of money. Most Read from Bloomberg Watson is accused of defrauding investors of tens of millions of […]
Trump met with at least 80 CEOs on Thursday to promise tax cuts and scaled-back business regulations if he’s elected president. Among those present were Apple CEO Tim Cook and the CEOs of JPMorgan Chase, Citigroup, and Bank of America. Trump spoke for about an hour, during which he rambled nonsensically, throwing off those in […]
Olivia Alexander, founder and CEO of Kush Queen, poses for a portrait by racks of bath bombs made with pure CBD at her headquarters on Sept. 24, 2019, in Anaheim. (Dania Maxwell/Los Angeles Times) For a long time, Olivia Alexander defended MedMen. Despite the pushback she got for partnering with the cannabis chain that some […]
Does Roaring Kitty have grander plans than simply making a boatload of money with his GameStop trades? Might he be angling to exert actual influence over the brick-and-mortar retailer’s ongoing transformation by demanding a seat on the board? On Thursday, the meme stock trader extraordinaire, aka Keith Gill, posted an update to Reddit showing he has made […]
By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was […]
In the history of U.S. corporate pay packages, there have been plenty of massive payouts worth almost $1 billion in today’s dollars. But none comes close to the $46 billion pay deal Tesla shareholders appear to be on the verge of handing over to CEO Elon Musk. The results of the shareholder vote, which concludes today, will […]
Jennifer Barnes is CEO of Optima Office. For as long as I’ve been a business owner, the narrative surrounding the baby-boomer generation was all about the coming retirement wave. We were promised a mass exodus from the workforce, a seismic shift that would leave companies scrambling to fill the void. At Optima Office, an outsourced […]