Latest Executive changes News
Brazil president announces carbon market, thin on details
RIO DE JANEIRO (AP) — Brazil’s far-right President Jair Bolsonaro has signed a decree that he says will create a national carbon market to reduce greenhouse gas emissions. Brazil ranks sixth in the world for climate pollution, according to Climate Watch . “In this still new...
Russian ties shred German ex-leader Schroeder's standing
BERLIN (AP) — Gerhard Schroeder left the German chancellery after a narrow election defeat in 2005 with every chance of a future as a respected elder statesman. His ambitious overhaul of the country’s welfare state was just beginning to kick in and he had won plaudits among...
Alex Rodriguez invests in Professional Fighters League
LOS ANGELES (AP) — Alex Rodriguez is taking a swing at mixed martial arts as an investor and board member for the Professional Fighters League. The PFL announced the addition of the former New York Yankees star to its board of directors Thursday. Rodriguez's...
Chinese tire maker cancels project in eastern North Carolina
ROCKY MOUNT, N.C. (AP) — A Chinese tire maker which announced a project five years ago to build a plant and bring at least 800 jobs to a North Carolina county has pulled out and returned the 400-acre site, officials said. News outlets report Triangle Tyre notified the Carolinas...
Editorial Roundup: Indiana
Indianapolis Business Journal. May 13, 2022. Editorial: Kudos to two excellent leaders moving on to new adventures Two great Indianapolis organizations announced this week they’re losing their longtime leaders—and both men are worth celebrating. ...
US allows more baby formula imports to fight shortage
WASHINGTON (AP) — Under fire from parents and politicians, President Joe Biden’s administration announced steps Monday to ease a nationwide shortage of baby formula, including reopening the largest domestic manufacturing plant and increasing imports from overseas. The Food and...
Vegas Strip resort surprises 5,400 workers with $5K bonuses
LAS VEGAS (AP) — Joyous bedlam erupted Wednesday at an employee appreciation and awards buffet at The Cosmopolitan of Las Vegas when the resort chief executive announced that all 5,400 people who work there will receive a $5,000 bonus. “It’s amazing!” said Edgar Rives, a cook...
Head of Rhode Island hospital group announces retirement
PROVIDENCE, R.I. (AP) — The head of Rhode Island's second-largest hospital group announced Wednesday that he will retire early next year. Care New England Health System President and CEO Dr. James Fanale's announcement comes nearly three months after the state attorney general's...
UN agency chief resigns after probe into its investments
UNITED NATIONS (AP) — Secretary-General Antonio Guterres accepted the resignation Sunday of the head of a United Nations agency that was under investigation for questionable investments. Grete Faremo, a former Norwegian minister of justice and public security, had been...
Tupperware struggles in Q1, withdraws guidance, taps new CFO
Tupperware's turnaround isn't exactly going as planned, with inflation, COVID-19 and Russia's invasion of Ukraine all weighing on the consumer products company. Sales dropped 16% in the first quarter, with Miguel Fernandez, President and CEO of Tupperware Brands, acknowledging that...
