Latest Corporate management News
One of the largest solar projects in the US opens in Texas, backed by Google
One of the largest solar projects in the U.S. opened in Texas on Friday, backed by what Google said is the largest solar electricity purchase it has ever made. Google executive Ben Sloss said at the ribbon cutting, about two hours south of Dallas, that the corporation has a...
CVS Health CEO Lynch steps down as national chain struggles to right its path
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts. Company shares tumbled again Friday after CVS Health also warned of disappointing third-quarter earnings and said investors should not rely...
Cass: Q3 Earnings Snapshot
ST. LOUIS (AP) — ST. LOUIS (AP) — Cass Information Systems Inc. (CASS) on Thursday reported third-quarter profit of $2.9 million. On a per-share basis, the St. Louis-based company said it had net income of 21 cents. The invoice and payment management company posted...
Britain hosts an international investment summit and denies snubbing Elon Musk
LONDON (AP) — Britain’s new Labour Party government announced 63 billion pounds ($82 billion) in investment in U.K. artificial intelligence, life sciences, infrastructure and technology on Monday at a business summit attended by executives from major international companies — though it was...
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes. New CEO Kelly Ortberg told staff in a memo Friday...
Woman accusing Vince McMahon of sexual abuse asks WWE to waive confidentiality agreements
A former WWE employee who filed a lawsuit against the company and ex-leader Vince McMahon, accusing him of sexual battery and trafficking, is asking them to not enforce nondisclosure agreements with other former and current employees and contractors so they can potentially come forward with similar...
Senators ask Justice Department to take tougher action against Boeing executives over safety issues
Two U.S. senators have asked the Department of Justice to take tougher action against Boeing executives by holding them criminally accountable for safety issues that have impacted its airplanes. In a letter dated Wednesday and sent to Attorney General Merrick Garland, Democratic...
Reid Airport expansion plans call for more passenger gates, could reduce delays
A plan to expand and modernize Harry Reid International Airport in Las Vegas — the seventh-busiest airport in North America — received an informal go-ahead from Clark County commissioners Tuesday. The proposal, presented by County Department of Aviation officials, would increase...
WeightWatchers CEO who oversaw diet company's move into weight loss drugs abruptly leaves role
NEW YORK (AP) — WeightWatchers is shaking up its leadership. WW International announced Friday that CEO Sima Sistani would leave her role effective immediately. Tara Comonte, a WeightWatchers board member and former Shake Shack executive, was made interim chief executive. ...
A Massachusetts woman accused of running a high-end brothel network pleads guilty
BOSTON (AP) — A Massachusetts woman accused of operating a high-end brothel network with wealthy and prominent clients in that state and the Washington, D.C., suburbs pleaded guilty in federal court Friday. Han Lee and two others were indicted earlier this year on one count of...
