Latest Corporate management News
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...
Fox News loses bid for Smartmatic voting-tech company's records about Philippines bribery case
NEW YORK (AP) — Smartmatic won't be required to give Fox News a trove of information about U.S. federal charges against the voting machine company's co-founder over alleged bribery in the Philippines, a judge ruled Thursday. Fox News and parent Fox Corp. sought the information to...
UnitedHealthcare CEO kept a low public profile. Then he was shot to death in New York
NEW YORK (AP) — Brian Thompson led one of the biggest health insurers in the U.S. but was unknown to millions of people his decisions affected. Then Wednesday's targeted fatal shooting of the UnitedHealthcare CEO on a midtown Manhattan sidewalk thrust the executive and his business...
Commanders hire Campbell's CEO Mark Clouse as their new team president
WASHINGTON (AP) — The Washington Commanders hired Mark Clouse as their new team president Tuesday, putting the longtime food executive in charge of all facets of the organization's business operations when he starts in late January. Clouse, 56, joins the NFL club after spending the...
How major US stock indexes fared Monday, 12/2/2024
Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock...
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger, who also stepped down...
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
NEW YORK (AP) — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales. The world’s fourth-largest carmaker announced that its board...
Head of Ohio's teacher pension fund retires Sunday, saying fund is strong despite staff vacancies
COLUMBUS, Ohio (AP) — The outgoing head of Ohio's troubled teachers retirement system said that she is leaving the fund in strong fiscal condition, despite the turmoil at the top that her successor will inherit. In a recent interview with The Associated Press, Acting Executive...
Kohl's names Michaels CEO Ashley Buchanan to assume top job, effective Jan. 15
NEW YORK (AP) — Department store retailer Kohl's Inc. says Michaels CEO and retail veteran Ashley Buchanan will take over its top job, effective January 15. Buchanan succeeds Tom Kingsbury, who will stay as an adviser to the new CEO and retain his position on Kohl’s board until...
