Kohl’s CEO Kevin Mansell is stepping down next year, ending a 10-year run at the helm of a retailer he helped turned into a behemoth but that has struggled of late. The company said on Tuesday that Mansell would step down in May and be replaced by Kohl’s chief merchant and chief customer officer Michelle Gass...
Las Vegas has a reputation for excess and non-stop entertainment, but Las Vegas Strip-based companies are increasingly stepping up as responsible global citizens. This may be surprising to those who think of Las Vegas as “Sin City,” but we are pioneering corporate cultures that embrace a commitment to society that extends beyond simply serving customers and growing bottom lines...
Google co-founders Larry Page and Sergey Brin stepped aside from their duties at parent company Alphabet on Tuesday in a move that analysts say marks "the end of an era." The surprise shakeup, which elevates Google CEO Sundar Pichai as Alphabet's CEO, raises inevitable questions about Alphabet's future. The holding company was spawned four years ago in an effort to create more focused businesses units...
HP Inc.'s board of directors has rejected Xerox's blockbuster bid to take over the personal computer and printing giant. In a public letter released on ...
This week saw the release of the final episode of Jamie Bartlett’s fantastic BBC podcast series The Missing Cryptoqueen, which I’ve referenced in this newsletter several times already. In it, Bartlett and his team try to track down the missing Dr. Ruja Ignatova, apparent mastermind of the cryptocurrency-themed pyramid scheme OneCoin...
Under Armour Inc. shares plunged after the company disclosed that federal officials have been probing its accounting practices for more than two years, bringing a fresh headache to investors just as the sports brand prepares for a CEO transition...
McDonald's chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday...
Tesla CEO and founder Elon Musk may be famous for the sort of unpredictable, headache-inducing antics that test investors and regulators, but how is it chairing his company’s board?...
Under Armour founder and Chief Executive Kevin Plank will step down from the sports apparel company's top role in January, handing over the reins to its president, Patrik Frisk...
After weeks of conjecture over what the future holds for WeWork, the company's board of directors is due to meet Tuesday to decide between ...
Only 9% of male board directors support mandates—like California's recent law—governing the gender makeup of boards of directors , according to a ...
Those include an equity ownership stake in WeWork; the company's S-1 ... regulations and questions about the company's corporate governance...
With stocks pricey and the economy weakening, more CEOs and boards of directors will come under pressure to create value, including by breaking ...
Accounting sleuth Harry Markopolos believes GE is engaged in accounting fraud so vast that the storied conglomerate will soon be forced into bankruptcy. Markopolos was the lone person to sound the alarm on Bernie Madoff's Ponzi operation, and gained fame and credibility by turning out to be spectacularly right, raising fears he could be right about GE as well...
Cybersecurity expertise might be the key to a generous salary, according to a new ranking of company salaries.
Palo Alto Networks tops a list of the 25 highest paying companies in America from career site Glassdoor, coming in with a median salary of $170,929. That puts it ahead of Nvidia, where the average employee takes home $170,068 per year.
Here's how the rest of the Top 10 shakes out, with median total salaries listed...
Google employees have announced they are joining their big tech counterparts at Amazon and Microsoft in walking off the job on Sept. 20 to participate in the global climate strike.
The climate change protests are set to take place on Friday in 150 countries around the world, sending a message to leaders who are set to meet Monday, Sept. 23 for the 2019 Climate Action Summit. A second wave of protests is also scheduled for Sept. 27...
Disney CEO Bob Iger resigned from Apple’s board of directors earlier this week, Apple noted in a SEC filing the company made Friday.
The timing of Iger's departure from Apple's board comes as both the tech giant and the entertainment monolith both prepare to launch video streaming services this fall. The services, named Apple TV Plus and Disney Plus, appear to be in direct competition in the streaming video market...
It’s been a week for CEO letters. Yesterday, 145 chief executives wrote to Congress , urging lawmakers to pursue gun reform measures like stricter background checks and tougher ‘red flag’ laws...
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Elliott Management, the famously ruthless activist investor, is asking a variation of the question we’ve all been pondering lately regarding the likes of WeWork and Peloton...
Tesla Chief Executive Officer Elon Musk said he was involved in some discussions about the $2.6 billion acquisition of SolarCity in 2016, though he recused himself from a board vote approving the initial offer.
Musk made the disclosure when he was questioned under oath by lawyers for pension and investment funds that claim he duped investors into backing the buyout of the solar-energy company that was founded by his cousins and where he was the chairman and largest shareholder...
Before its collapse and liquidation in the late 1980s and early 1990s, Eastern Airlines was one of the nation’s “Big Four” carriers. Now it could be taking to the skies again...
You’d be hard-pressed to find a company more committed to using the so-called public cloud than Capital One. America’s seventh-biggest bank by revenue has spent years winding down its data centers—from eight in 2014 to zero planned by the end of 2020—and relying on the on-tap resources of Amazon Web Services for computing and data storage...
GE may now be wishing it could take back a string of stock buybacks.
One of the charges leveled by accounting sleuth Harry Markopolos in his explosive report, "General Electric: A Bigger Fraud Than Enron," is that GE was buying back tons of stock with cash desperately needed to sustain its failing long-term care business...
Disney is supposed to be in the business of making magic—but not with its numbers.
A former senior financial analyst for the Walt Disney Company has filed multiple claims with the Securities and Exchange Commission about the company's accounting practices, according to a report by MarketWatch...