A judge has frozen up to $39 million in assets potentially held by the Detroit Riverfront Conservancy’s ex-finance officer as newly unsealed court filings bring to light the extent of his lavish spending with allegedly stolen nonprofit funds, including on a condo in Mexico, a yacht, and multiple properties in Georgia, Texas and Michigan. Ex-Detroit […]
As artificial intelligence seeps into all corners of the market, Intuit (INTU) CFO Sandeep Aujla joins Wealth! to discuss how these technological developments can trickle through to small businesses. “When you think about AI for small businesses, there are really two key areas we’re focused on: helping them save time because they’d rather run their […]
Good morning. Nvidia on Tuesday surpassed Microsoft to become the most valuable company in the world, reaching a market capitalization of $3.34 trillion to edge out Microsoft’s $3.32 trillion. In the first week of June, CEO Jensen Huang saw his firm hit a $3 trillion market cap for the first time, surpassing Apple. The Santa […]
As the battle for e-commerce dominance wages on, Walmart CFO John David Rainey says the company has the tools to edge out competitors. The Arkansas-based retail giant has seen more frequent, yet smaller, orders through its Walmart+ membership program, with most consumers preferring delivery, all ingredients Amazon hailed as part of its secret sauce to […]
Tyson Foods suspended CFO John R. Tyson on Thursday after he was arrested early this morning, the company shared in a statement. Curt Calaway, who has been with the company for 18 years, was named interim CFO. Tyson, 34, was arrested at 1:32 a.m. CST for allegedly driving while intoxicated, making an improper turn and […]
Tyson Foods suspended its chief financial officer – a great-grandson of the company’s founder – after his arrest Thursday on charges of driving while intoxicated. John R. Tyson, 34, was arrested early Thursday by University of Arkansas police in Fayetteville, Arkansas, according to police records. He was also charged with careless driving and making an […]
(Reuters) -Tyson Foods has suspended its chief financial officer, John R. Tyson, after he was arrested on charges of allegedly driving while intoxicated, the company said on Thursday. The U.S. meatpacker said Curt Calaway, a senior finance executive at the company, will take over as interim CFO. Shares of the Springdale, Arkansas-based company were down […]
(Reuters) -OpenAI said on Monday it had hired Sarah Friar, the former CEO of social media firm Nextdoor, as its first chief financial officer. The artificial intelligence firm has also appointed Kevin Weil, who has previously worked at Twitter, Facebook and Instagram, as chief product officer. Friar earlier served as CFO at Square and is […]
AMSTERDAM (Reuters) – ASML shares rose on Wednesday after a Jefferies analyst report cited comments from CFO Roger Dassen which suggested he was positive about the possibility of orders coming through from top customer TSMC in the coming quarters. An ASML spokesperson confirmed the CFO had spoken at a Jefferies-hosted call with investors. ASML’s shares […]
(Reuters) -Spirit AeroSystems said on Wednesday that finance chief Mark Suchinski would depart the aerospace supplier amid cash flow struggles and ongoing talks to merge with its former owner Boeing. Suchinski, a longtime Spirit executive, will be replaced immediately by board member and former Time Warner Cable executive Irene Esteves. He will remain with the […]
It’s no secret that there are a variety media outlets that many Republican officials have come to embrace, promote, and rely on. Some, such as Fox News and the editorial page of The Wall Street Journal, are familiar to national audiences. Others, such as the Washington Times, Newsmax, and OAN are also widely recognized. And […]
(Bloomberg) — Spirit Airlines Inc. is losing its chief financial officer to another troubled company — Hertz Global Holdings Inc. — as the carrier works to restructure a crushing debt load and the car rental company reboots after a failed bet on electric vehicles. Most Read from Bloomberg Scott Haralson, who has been Spirit’s CFO […]