-JD.com founder and CEO Richard Liu will donate company shares worth about $2.34 billion to charity, the Chinese e-commerce giant said on Wednesday, adding to a list of similar philanthropic…
– Scarce supply of raw materials for electric cars could slow the transition from fossil-fuel burning vehicles to electric ones, Mercedes-Benz Chief Executive Ola Kaellenius said in an interview with…
– Electric Last Mile Solutions Inc, a maker of battery-powered delivery vehicles, said on Tuesday that its top two executives had resigned following an investigation into their share purchases, sending…
A national spice retail company that called Republicans racist earlier in January began to ask people to purchase gift cards after the company lost thousands of customers, multiple sources reported.…
SAN DIEGO – The CEO of several Southern California-based medical imaging companies was sentenced today to 60 months in federal prison for running a scheme that submitted more than…
-Home Depot Inc on Thursday named 22-year company veteran Edward Ted Decker as its new chief executive officer and president, replacing Craig Menear, who will continue as chairman. Decker, who…
By Katanga Johnson WASHINGTON – Public companies in the United States would be required to disclose how the pay of their top executives squares with their overall performance under a…
– Belgian drugmaker Galapagos NV on Wednesday named former Johnson & Johnson senior executive Paul Stoffels as its chief executive officer, effective April 1. Stoffels was the chief scientific officer…
Last year, we experienced The Great Resignation, which hit the hospitality industry especially hard. In November 2021, a record 4.5 million Americans quit their jobs — and 1 million of those were restaurant…
By Tom Sims and Frank Siebelt FRANKFURT – The chief executive of Deutsche Bank’s fund unit DWS, Asoka Woehrmann, has received threatening letters in recent months, including one in December…
NEW YORK -Morgan Stanley’s Chief Executive James Gorman believes his successor would benefit from global experience as well as strong “core values”, he said in an interview with Reuters Breakingviews.…
PARIS – Verizon Chief Revenue Officer Frank Boulben has written to the board of Orange withdrawing from the race to head the French telecom firm, Le Figaro reported on Saturday.…
ATHENS – The board of Hellenic Exchanges, the operator of Greece’s stock and equity derivatives markets, picked Yiannos Kontopoulos as its new chief executive to replace outgoing CEO Socrates Lzaridis,…
TOMS RIVER, NJ – Toms River will once again be the location for a hit television show as Rita’s Italian Ice CEO goes undercover. The area is famous for being…
Seattle – The former owner and co-CEO of an electronics recycling firm was sentenced today in U.S. District Court in Seattle to 6 months in prison for tax fraud, announced…
Harry Wilmerding on January 7, 2022 Apple chief executive Tim Cook made nearly $100 million in compensation in the company’s fiscal year, according to SEC filings published Thursday. SEC filings show that…
Guess what? If you’ve been fully vaccinated and boosted with Moderna’s mRNA COVID-19 vaccine, you’re not done yet, according to company CEO Stephane Bancel. Bancel announced this week that those…
SHREVEPORT, La. – United States Attorney Brandon B. Brown announced that Helen Godfrey-Smith, 72, of Shreveport, Louisiana, has pleaded guilty before United States District Judge Elizabeth E. Foote to making…
Trevor Noah, host of Comedy Central’s “The Daily Show” has raised more than a few eyebrows after slamming Moderna CEO Stephane Bancel, claiming Bancel is pushing COVID-19 vaccines simply to…
ALEXANDRIA, Va. – A federal judge convicted a Reston businessman yesterday on a series of fraud charges relating to a bankruptcy case in which he discharged over $6 million in…
Instagram unveiled a host of child safety measures and parental controls for its app just one day before chief executive Adam Mosseri is due to testify in Congress. “At Instagram,…
NEWARK, N.J. – The former chief executive officer and owner of a pharmaceutical company was arrested this morning for embezzling millions of dollars from the company, Acting U.S. Attorney Rachael…
The chief executive of a New York City-based mortgage company laid off 900 employees Wednesday over a video conference call, multiple sources reported. Vishal Garg, founder of Better.com, told hundreds…
Greenbelt, Maryland – Brandon Fitzgerald-Holley, age 32, of Suitland, Maryland, pleaded guilty today to wire fraud in relation to COVID-19 loan fraud. The guilty plea was announced by United States…
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky J. Patel, the Acting Special Agent-in-Charge of the New York Field Office of the Department…