Latest Corporate management News
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...
Southwest Airlines says it will introduce assigned seats and premium perks in 2026
DALLAS (AP) — Southwest Airlines executives on Thursday unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers assigned seats, charge them extra for more legroom and offer red-eye flights. And bags still will fly free. The airline will also...
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders. The artificial intelligence...
Drag queen Pattie Gonia aims to give the climate movement a makeover with joy and laughter
NEW YORK (AP) — Dressed in a sequin-laced, sleeveless top and puffy pink skirt, drag queen Pattie Gonia strides around the stage in white high-heeled boots that come up to the knees, telling the crowd that nature must be a woman. “She is trying to kill us in the most...
OpenAI Chief Technology Officer Mira Murati and 2 other execs are leaving the ChatGPT maker
A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year said she's leaving the artificial intelligence company. Mira Murati, OpenAI's chief technology officer, said in a written statement Wednesday that, after much reflection,...
CrowdStrike executive apologizes to Congress for July global tech outage
WASHINGTON (AP) — An executive at cybersecurity company CrowdStrike apologized in testimony to Congress for sparking a global technology outage over the summer. “We let our customers down,” said Adam Meyers, who leads CrowdStrike's threat intelligence division, in a hearing...
US company accuses Mexico of expropriating its property on the Caribbean coast
MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico’s Caribbean coast. Mexico's Interior Department issued a decree late Monday declaring the firm’s seaport and quarries to be a...