Latest Corporate management News

Biden announces Indo-Pacific alliance with UK, Australia

Sep. 15, 2021 22:11 PM EDT

WASHINGTON (AP) — President Joe Biden announced Wednesday that the United States is forming a new Indo-Pacific security alliance with Britain and Australia that will allow for greater sharing of defense capabilities — including helping equip Australia with nuclear-powered submarines. It's...

Amherst College president will step down after 11 years

Sep. 14, 2021 10:47 AM EDT

AMHERST, Mass. (AP) — The first woman to head Amherst College said she will step down at the end of the next academic year after serving as president for 11 years. Biddy Martin joined the college in 2011 and is the longest-serving president of the college in 50 years,...

Southwest's president retires suddenly; didn't get CEO job

Sep. 13, 2021 19:35 PM EDT

DALLAS (AP) — Southwest Airlines President Tom Nealon, who was once seen as a leading candidate for CEO but was passed over this year, has retired. Southwest said Monday that Nealon, 60, will still serve as an adviser focusing on environmental issues, including plans to...

Groups push to resume enforcement in Montana mining dispute

Sep. 13, 2021 14:51 PM EDT

BILLINGS, Mont. (AP) — Environmental groups have filed notice they plan to sue Gov. Greg Gianforte's administration after it dropped a legal claim against a mining executive over decades of pollution from several mines. Under Gianforte, the Department of Environmental...

Carnival CEO discusses cruise lines, the pandemic, politics

Sep. 13, 2021 09:30 AM EDT

Carnival Corp., once a $21 billion company, saw revenue plunge to zero overnight last year when the pandemic shut down the cruise industry. It's CEO Arnold Donald's job to navigate uncharted waters for the cruise giant, which operates nine brands that span the globe. The...

State AG promises court challenge of federal vaccine mandate

Sep. 10, 2021 18:46 PM EDT

HELENA, Mont. (AP) — Montana Attorney General Austin Knudsen promised Friday to fight the new federal vaccine mandate in court. President Joe Biden announced on Thursday the vaccine mandate, which could affect as many as 100 million Americans. Among other measures, the...

Vaccine mandate spawns new fear: finding and keeping workers

Sep. 10, 2021 17:33 PM EDT

The new federal vaccine requirement announced by President Joe Biden has created another worry for large businesses: With help wanted signs up almost everywhere, some could lose valuable employees or won't be able to find new ones. Biden announced sweeping new orders...

President's mandate applies to a third of Maine workers

Sep. 10, 2021 11:20 AM EDT

PORTLAND, Maine (AP) — President Joe Biden's mandate that companies with 100 or more employees require COVID-19 vaccinations or weekly testing will apply to about one in three workers in Maine. About 170,000 Maine workers, or a third of the workforce, are employed by...

Sweeping new vaccine mandates for 100 million Americans

Sep. 09, 2021 22:00 PM EDT

WASHINGTON (AP) — In his most forceful pandemic actions and words, President Joe Biden on Thursday ordered sweeping new federal vaccine requirements for as many as 100 million Americans — private-sector employees as well as health care workers and federal contractors — in an all-out...

Spinal device company, execs charged with bribing surgeons

Sep. 07, 2021 19:11 PM EDT

BOSTON (AP) — A Massachusetts spinal device company and two of its top executives have been charged with carrying out a scheme to bribe surgeons to use the company's products, federal prosecutors said Tuesday. SpineFrontier, Inc.'s chief executive officer and chief...