Jun. 25—GRAND FORKS — Chancellor Mark Hagerott’s term as leader of the North Dakota University System will end at the close of 2025. North Dakota State Board of Higher Education members voted Tuesday to extend Hagerott’s current contract another six months through December 2025, after which the chancellor will serve as a distinguished professor of […]
By Joanna Plucinska BERLIN (Reuters) – Boeing’s board is prepared to make decisions as the planemaker’s Chief Executive David Calhoun is set to step down at the end of the year, he told Reuters on Wednesday, adding that the decision on his successor is up to the board. “The board is prepared to make their […]
Today’s special election to replace Kevin McCarthy in Congress reflects a larger struggle over the Republican Party. The ex-speaker’s protégé and former staffer, Vince Fong, is the prohibitive favorite to win the remainder of McCarthy’s unserved tenure. If Fong beats Tulare Sheriff Mike Boudreaux tonight and becomes Congressman Fong, he’ll wield a potent advantage in […]
(Reuters) – At JPMorgan Chase’s investor day on Monday, shareholders will focus on the bank’s growth strategy and succession plans. CEO Jamie Dimon and President Daniel Pinto are among the key executives expected to be present. Dimon has run the largest U.S. lender for more than 18 years, and his next steps have been the […]
President Julie Su? Unlikely, but the acting U.S. secretary of labor is in the official line of succession to the presidency. And Republicans are furious. Su, a former California cabinet official, has been in her current job for the past 14 months. She’s “acting” because she appears to lack the votes for Senate confirmation. Many […]
Berkshire Hathaway held its annual meeting on Saturday with Chairman and CEO Warren Buffett tackling a range of topics, including artificial intelligence, who will be responsible for the portfolio in the future, and the next potential investment. But “Woodstock for capitalists” took place without Charlie Munger, Buffett’s longtime business partner who passed away in November. […]
Boeing announced this morning that CEO Dave Calhoun would depart the company and that an executive with three decades of tenure at the $117 billion manufacturing company, Stephanie Pope, would take the lead. As Pope takes charge of a business in crisis, investors are waiting in the wings to see what Pope’s plan is for […]
PARIS — In the latest chapter of a generational changing of the guard, LVMH Moët Hennessy Louis Vuitton announced that Toni Belloni, one of Bernard Arnault’s most trusted lieutenants, will relinquish his key duties at the French luxury conglomerate and hand over his responsibilities to Stéphane Bianchi. After more than 23 years working alongside Arnault, […]
KAMPALA, Uganda (AP) — Uganda’s President Yoweri Museveni on Thursday appointed his son as top commander of the military, a controversial move in a country where many have long believed Museveni is grooming his eldest child for the presidency. Museveni’s son, Gen. Muhoozi Kainerugaba, has recently been holding rallies around the country, in violation of […]
(Bloomberg) — Two of Indonesia’s presidential contenders are in intensive talks to form an alliance to beat frontrunner Prabowo Subianto, showing how policy differences come second to winning in the race to lead Southeast Asia’s largest economy. Most Read from Bloomberg In recent weeks, officials backing former Central Java Governor Ganjar Pranowo and former Jakarta […]
Editor’s Note: The following contains major spoilers about the fourth episode of “Succession’s” fourth season, “Honeymoon States.” CNN — After the shock came the aftershocks, the power vacuum, and perhaps most significantly and impressively, the laughs, as “Succession” pivoted to face life after Logan Roy, in an episode that finally put the HBO show’s title […]