Latest Corporate management News
Retiring Chairman Sean McManus leaves CBS Sports with its critical properties locked up long-term
Sean McManus has had little time to reflect on his nearly 27 1/2-year tenure leading CBS Sports. Over the past month, there has been the men's NCAA Tournament and this weekend’s coverage of the Masters. If anything, McManus has approached the last six months since he announced his...
Ford is under investigation for Bronco Sport gas leaks. US says its remedy doesn't fix the problem
DETROIT (AP) — The U.S. government's auto safety agency has opened an investigation into a Ford recall for gasoline leaks from cracked fuel injectors that can cause engine fires, saying in documents that the remedy doesn't fix the leaks. The National Highway Traffic Safety...
On eve of Japanese prime minister's visit to North Carolina, Fujifilm announces more jobs there
RALEIGH, N.C. (AP) — Hours before the Japanese prime minister's arrival in North Carolina, a subsidiary of Japan's Fujifilm Corp. announced Thursday plans to expand further a massive biopharmaceutical manufacturing plant in the state, even as the initial phase is not yet complete, promising...
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
PORTLAND, Ore. (AP) — The winner of the eighth-biggest lottery prize in U.S. history won't be announced for at least a couple more weeks until their ticket is verified and arrangements for the massive payment are made, Oregon lottery officials said Tuesday. A person with a ticket...
Toyota will oversee model certification at subsidiary Daihatsu after safety testing scandal
TOKYO (AP) — Japanese automaker Toyota will oversee model certification at its subsidiary Daihatsu to regain trust among dealers, customers and workers after a safety testing scandal, Daihatsu's new president said Monday. Toyota Motor Corp. will take a leadership role in various...
Long-time Teladoc leader departs as virtual care provider struggles with post-COVID tumble
The leader of struggling telemedicine provider Teladoc Health has left effective immediately, the company announced Friday. Teladoc gave no reason for the departure of CEO Jason Gorevic. The 52-year-old executive had led the company and served as a director since 2009. ...
US horse racing deaths increased slightly in 2023 from 2022
Horse racing deaths in the United States increased slightly in 2023 from 2022, according to data tracked by the Equine Injury Database and reported by the federally mandated agency that began regulating the sport two years ago. The Horse Racing Integrity and Safety Authority said in...
Disney shareholders back CEO Iger, rebuff activists who wanted to shake up the company
SAN FRANCISCO (AP) — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had...
Two Florida men plead guilty to insider trading charges related to taking Trump media firm public
NEW YORK (AP) — Two Florida brothers pleaded guilty Wednesday to insider trading charges, admitting making over $22 million illegally before the public announcement in 2021 that an acquisition firm was taking former President Donald Trump’s media company public. Michael and...
Elon Musk's X has a new safety leader, nine months after predecessor left the social media platform
NEW YORK (AP) — Elon Musk's X, the platform formerly known as Twitter, has named a new head of safety nine months after the last executive to hold the position departed from the social media company. X said that company veteran Kylie McRoberts will oversee the global safety team....
