Latest Corporate management News

Executives at Japan`s Fuji TV and parent firm resign over a sex scandal linked to a former star
TOKYO (AP) — The president and chairperson of Japanese network Fuji Television have resigned over a widening sex assault scandal linked to one of Japan's top TV celebrities. The scandal centers on Masahiro Nakai, a former leader of Japan’s once-hugely popular boy band SMAP, and...

Ely Callaway's lost memoir goes on sale in March with an AI-generated audiobook
PEBBLE BEACH, Calif. (AP) — Ely Callaway was about much more than a golf company that created “Big Bertha,” the driver that changed an industry. He was the chief procurement officer for all Army uniforms during World War II and became president of the largest American textile...

Elon Musk's X partners with Visa on payment service in an effort to become an 'everything app,'
NEW YORK (AP) — X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.” Visa is the first partner for the platform's...
UnitedHealth promotes leader of retirement business to replace slain CEO Thompson
UnitedHealth Group will promote one of its top insurance executives to replace Brian Thompson, the slain CEO of its UnitedHealthcare arm. The company said Thursday that Tim Noel will become the next UnitedHealthcare leader. Noel most recently led UnitedHealthcare’s Medicare and...

Supreme Court allows small business registration rule to take effect, aimed at money laundering
WASHINGTON (AP) — The Supreme Court on Thursday revived a requirement that owners of millions of small businesses register with an arm of the Treasury Department charged with fighting money laundering and other financial crimes. The justices granted an emergency plea made by the...

Last-minute settlement talks stall Prince Harry's high-stakes trial against British tabloids
LONDON (AP) — Prince Harry's mission to put the British tabloids on trial for decades of alleged unlawful snooping into his life was in question Tuesday as last-minute settlement talks delayed the start of a high-stakes trial pitting him against Rupert Murdoch’s newspapers. If...

The Chinese president's envoy meets with Vance and Musk on the eve of Trump's inauguration
TAIPEI, Taiwan (AP) — China's vice president held meetings with the U.S. vice president-elect and U.S. business leaders, including Elon Musk, in Washington on the eve of Donald Trump’s inauguration, as the two major powers tackle ongoing tensions over trade and technology. Han...

Former Oakland mayor, longtime partner indicted in alleged bribery scheme
OAKLAND (AP) — Former Oakland Mayor Sheng Thao, her longtime partner and two local businessmen were named in an indictment unsealed Friday alleging the four conspired to funnel city business to companies owned by the men in exchange for money and benefits to Thao and her partner. ...

Southwest pausing some hirings, internships as the airline looks to reduce costs
Southwest Airlines is hitting the pause button on some of its hirings, internships and employee events this year as the company looks to lower costs. “We are limiting discretionary costs, including holding on the Southwest Rallies for this year, as we focus on reducing costs,”...

Jack Daniel's parent Brown-Forman is cutting its workforce and closing its barrel-making plant
LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer trends and...
