After forcing companies to make countless CEO changes in his career, Carl Icahn is about to make one of his own. The activist investor said he is hiring a former General Electric …
Read More »GM turns to NBA executive Meg Whitman for board
General Motors Co. has appointed two new directors, including tech industry veteran Meg Whitman, its first high-profile move since the collapse last year of its media startup Quibi Holdings LLC. GM said …
Read More »Tesla Boss Elon Musk’s China Charm Offensive Continues With Praise For Climate Plans
SINGAPORE – Elon Musk, whose Tesla Inc. is on the defensive in China, praised the country’s plans to tackle carbon emissions and grow its economy, saying it will become the automaker’s biggest …
Read More »Pfizer does it just to expand the vaccine business beyond the Covid-19 pandemic
Pfizer Inc. aims to expand its vaccine business by becoming a leader in the new gene-based technology behind its successful Covid-19 injections. Pfizer will develop new vaccines using the technology, called mRNA, …
Read More »Leon Black resigns as Apollo chairman in unexpected move
Leon Black, Billionaire Co-Founder of Apollo Global Management Inc., APO 2.16% He resigns as chairman of the investment giant in an unexpected move that is the latest in a governance review sparked …
Read More »Pinduoduo founder Colin Huang leaves the company
SINGAPORE: Chinese e-commerce company Pinduoduo Inc.’s PDD -10.31% Founder and chairman Colin Huang resigned from the company on Wednesday, even as the five-year-old company overtook Alibaba Group Holding. Limited. SLIME 2.08% to …
Read More »Elon Musk is the new ‘Tesla Technoking’ and the CFO is nicknamed ‘Master of Coin’
Tesla Inc. said Chief Executive Elon Musk changed his title at the company to “Technoking of Tesla,” extending an irreverent streak in the leadership of the 49-year-old electric vehicle maker. The company …
Read More »China’s regulators punished the tech giants. What could come next?
Text size Chinese digital payments company Alipay in Shanghai. Regulators have cracked down on Internet companies with antitrust measures. Héctor Retamal / AFP via Getty Images Chinese stocks fell on Friday when …
Read More »Zoom CEO Eric Yuan transfers his $ 6 billion worth of shares
Zoom Video Communications Inc. ZM -7.85% Founder Eric Yuan transferred about 40% of his ownership in the company he runs, a stake valued at about $ 6 billion, after Zoom shares tripled …
Read More »Jeep owner Stellantis is willing to ditch the Cherokee name, CEO says
The Jeep owner’s boss said he is willing to remove the Cherokee name from the vehicles after recent criticism from the Native American tribal leader. Carlos Tavares, Executive Director of the recently …
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