Corporate Governance

Intel: Higher Guidance Trumps CEO Brian Krzanich Resignation

The world of technology has just seen a major change in leadership among its industry titans. Intel Corp. (NASDAQ: INTC) has announced that Brian Krzanich has resigned as chief executive ...
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Audi CEO Arrested in Diesel Emissions Scandal

The Volkswagen diesel emissions cheating scandal revealed in the fall of 2015 added its latest villain early Monday morning when Audi CEO Rupert Stadler was arrested. Prosecutors in Munich said ...
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Google’s Huge Bias Against Women Continues

Alphabet Inc.'s (NASDAQ: GOOGL) Google division released its "Google annual diversity report 2018." On the cover of the research study there is a video in which several women speak to ...
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Adient Feels the Sting of CEO Departure

Adient PLC (NYSE: ADNT) was one of Monday morning’s worst performing stocks, after it was announced that its Chairman and CEO would be stepping down effective immediately. Also the company ...
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What the Management Picture for CVS and Aetna Will Look Like Going Forward

CVS Health Corp. (NYSE: CVS) and Aetna Inc. (NYSE: AET) are closing in on finalizing the acquisition, and the companies have now announced the management team going forward. Ultimately, Aetna ...
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Fitbit CFO Departs Next Week

Wearables maker Fitbit Inc. (NYSE: FIT) is losing its chief financial officer to an unspecified autonomous-vehicle startup on June 15. Bill Zerella, who has held the post since 2014, will ...
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May CEO Exits Push 5-Month Total to 541

In May 2018, 91 CEOs left their jobs, according to the latest report from outplacement firm Challenger, Gray & Christmas. That's a year-over-year increase of 13.8% and a month-over-month decrease ...
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Elon Musk’s Hellish Months

As Elon Musk addressed shareholders at the company's annual meeting, he complained that his efforts to get out a promised volume of the new Model 3 may have been the ...
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6 Most Important Things in Business Today

The United Kingdom's decision on the Murdoch bid for Sky is imminent. According to Reuters: The British government will give its verdict on Rupert Murdoch’s pursuit of European pay-TV group ...
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Walmart Sheds Majority Stake in Brazilian Stores

Walmart Inc. (NYSE: WMT) has sold an 80% stake in its Brazilian stores to private equity firm Advent International for an undisclosed sum. The retailing giant will retain a 20% ...
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Palo Alto Networks Hacks Its Way Back With Earnings

Palo Alto Networks Inc. (NYSE: PANW) released its fiscal third-quarter financial results before the markets opened on Monday. The cybersecurity firm said that it had $0.99 in earnings per share ...
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Fiat Sales Fall by Almost Half in May

Fiat suffered a huge drop in sales in the United States last month, down by 46% to 1,441 vehicles. It is among the last, unfinished pieces of business for Fiat ...
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Here Are the 63 Sears and Kmart Stores That Will Close

When Sears Holdings Corp. (NASDAQ: SHLD) posted first-quarter earnings on Thursday, the company reported a net loss per share of $3.93, more than double the analysts' consensus estimate. Sears also ...
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Starbucks Changes the Narrative With Anti-Bias Training

Starbucks Corp. (NASDAQ: SBUX) is shutting down its 8,000 stores this afternoon, as previously announced, to conduct mandatory anti-bias training. This training is the result of an incident back in ...
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Stratasys Stumbles Over CEO Departure

Stratasys Ltd. (NASDAQ: SSYS) saw its shares pull back early on Monday after it was announced that there would be a leadership change at the firm. Essentially, Ilan Levin has ...
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