Latest Corporate management News
Uzma Rawn Dowler promoted to Major League Baseball's chief marketing officer
NEW YORK (AP) — Uzma Rawn Dowler was promoted to Major League Baseball’s chief marketing officer effective Jan. 1. Rawn, 39, will report to deputy commissioner of business and media Noah Garden, MLB said Thursday. She was hired in 2015 as senior director of...
A shake-up at one of world's biggest frozen French fry makers
A major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO after posting a surprise loss in the second quarter as consumers pull back on the money they spend on food outside the home. But struggles at the Lamb Weston, which...
What does Big Tech hope to gain from warming up to Trump?
NEW YORK (AP) — In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple's Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank's Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world...
Iowa Gov. Kim Reynolds appoints state Sen. Chris Cournoyer as her new lieutenant governor
DES MOINES, Iowa (AP) — Iowa Gov. Kim Reynolds appointed state Sen. Chris Cournoyer to be her lieutenant governor Monday, more than three months after her first and only No. 2 in elected office resigned to take over the state bankers association. Cournoyer was elected to the Iowa...
Japan's largest bank apologizes over theft of millions of dollars from safe deposit boxes
TOKYO (AP) — Japan’s biggest bank apologized Monday for the alleged theft by an employee of more than 1 billion yen ($6.6 million) from customers’ safe deposit boxes. The bank, formally known as Mitsubishi UFJ Financial Group, Inc., said Monday that it was investigating and...
OpenAI's Altman will donate $1 million to Trump's inaugural fund
LOS ANGELES (AP) — OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump's inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. A...
From a 10-year-old to a Muppet to a president-elect, NYSE bell-ringers range from famous to obscure
The first guest invited to ring the bell to open trading at the New York Stock Exchange in 1956 wasn’t a company executive, a politician or a celebrity. It was a 10-year-old boy, Leonard Ross, who received the honor by winning a television quiz show. Since then, business titans,...
Companies tighten security after a health care CEO's killing leads to a surge of threats
“Wanted” posters with the names and faces of health care executives have been popping up on the streets of New York. Hit lists with images of bullets are circulating online with warnings that industry leaders should be afraid. The apparent targeted killing of UnitedHealthcare CEO...
Auctioneer defends The Onion's bid for Infowars as Alex Jones tries stopping sale
An auction company executive involved in the liquidation of Alex Jones’ conspiracy theory platform Infowars testified for nearly five hours Monday, as a bankruptcy judge in Texas began a hearing into whether The Onion satirical news outlet was properly named the winning bidder over a company...
Stellantis brings back Tim Kuniskis to run Ram brand after ouster of CEO Carlos Tavares
DETROIT (AP) — Troubled automaker Stellantis has decided that its Ram brand needs its own executive, so the company is bringing back an executive who retired this year when CEO Carlos Tavares was running the company. Tim Kuniskis, who served as the unofficial spokesman for the...
