Latest Executive changes News

Joe Biden's son Hunter stepping down from Chinese board

Oct. 14, 2019 1:08 PM EDT

NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden says he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned companies should his...

Michigan ends pension contract over investor's comments

Oct. 14, 2019 1:03 PM EDT

LANSING, Mich. (AP) — The state of Michigan's retirement systems have ended a contract with an investment company that managed more than $600 million in pension funds after the CEO made "completely unacceptable" comments at a conference. The Michigan Department of Treasury's Bureau of Investments fired...

The Latest: Joe Biden lays out ethical markers should he win

Oct. 13, 2019 7:18 PM EDT

WASHINGTON (AP) — The Latest on Hunter Biden, son of Democratic presidential candidate Joe Biden (all times local): 7 p.m. Joe Biden is laying out some ethical markers should he become president. He says that in a Biden White House, his family members would not be allowed to have any business relationships...

Hunter Biden to step down from Chinese board

Oct. 13, 2019 6:36 PM EDT

NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden said Sunday he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned companies...

Boeing, FAA both faulted in certification of the 737 Max

Oct. 11, 2019 8:52 PM EDT

A panel of international aviation regulators found that Boeing withheld key information about the 737 Max from pilots and regulators, and the Federal Aviation Administration lacked the expertise to understand an automated flight system implicated in two deadly crashes of Max jets. In its report issued Friday, the...

Shepard Smith leaves Fox News Channel

Oct. 11, 2019 8:34 PM EDT

NEW YORK (AP) — Shepard Smith, whose newscast on Fox News Channel seemed increasingly an outlier on a network dominated by supporters of President Donald Trump, abruptly quit after signing off his final newscast on Friday. Smith, who had signed a contract extension last spring, said that he had asked the...

US-China issues of dispute remain vast despite trade truce

Oct. 11, 2019 8:27 PM EDT

WASHINGTON (AP) — The Trump administration and China declared a temporary truce Friday in their 15-month trade war. Yet the grievances that led them to impose tariffs on hundreds of billions of dollars of each other's goods remain largely unresolved. The administration agreed to suspend a tariff hike on...

Boeing names new board chairman in setback to CEO

Oct. 11, 2019 8:21 PM EDT

CHICAGO (AP) — Boeing CEO Dennis Muilenburg has lost his title as chairman of the troubled aircraft manufacturer, nearly a year after the first of two crashes of its 737 Max that together killed 346 people. Boeing announced late Friday that company directors decided to separate the two jobs and elected one...

Allison K. Hill named new CEO of booksellers trade group

Oct. 11, 2019 2:37 PM EDT

NEW YORK (AP) — The head of a popular independent bookstore in California will soon be CEO of the American Booksellers Association. The trade group announced Friday that Allison K. Hill will succeed Oren Teicher, who earlier this year said he was stepping down. Hill, currently president and CEO of Vroman's...

Renault ousts CEO to 'breathe new life' into Nissan alliance

Oct. 11, 2019 8:15 AM EDT

PARIS (AP) — French carmaker Renault dismissed its CEO on Friday, an attempt to revitalize its alliance with Nissan, which was shaken by the jailing of the companies' previous chief, Carlos Ghosn. The board's decision to fire Thierry Bolloré effective immediately came days after Nissan also named a...