Unilever ousts chief Schumacher and promotes finance head Fernandez
Consumer goods group announces abrupt overhaul of top management as it bids to revive its fortunes
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Unilever promotes its ‘maverick’ CFO to top spot in surprise move
Fernando Fernandez, the current CFO, will take over as chief executive of the maker of Dove soap and Hellmann’s mayonnaise from Hein Schumacher, who’s stepping down on March 1 “by mutual agreement.”MarketWatch - 3h -
Unilever CEO Schumacher to step down after less than two years in the job
Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday.CNBC - 30m -
Trump fires Black joint chiefs chair Hegseth accused of promoting diversity
US secretary of defense had questioned whether history-making air force general CQ Brown Jr got job because of race. Donald Trump abruptly fired the air force general CQ Brown Jr as chair of the ...The Guardian - 3d -
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.BBC News - 4d -
DOGE Is Inside the National Institutes of Health’s Finance System
At least three people linked to Elon Musk’s DOGE task force have access to NIH systems that control budgets, procurement, and more, according to records and internal documents viewed by WIRED.Wired - 18h -
Bessent to Skip G20 Finance Ministers Meeting in South Africa
The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over its land policies.The New York Times - 5d -
Emirates boss warns against forcing airlines to finance Heathrow’s third runway
Sir Tim Clark says higher landing fees to fund the project could prompt legal challengesFinancial Times - 1d -
Wrexham top Mansfield to continue promotion push
Wrexham moved maintained their push for promotion from League 1 with a 2-1 win over Mansfield Town on Sunday.ESPN - 1d -
Are we heading toward a constitutional crisis?
President Trump, who tried to overturn the 2020 election result, has been shattering norms upon returning to the Oval Office. Since the nation's founding, the guardrails that have kept presidents ...CBS News - 1d
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More in Business
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US bond yield slide hits dollar
Treasury yields have declined amid signs that US economic growth is slowingFinancial Times - 5m -
UK to raise defence spending to 2.5% of GDP by 2027
Starmer announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on ThursdayFinancial Times - 7m -
Eli Lilly cuts price of weight-loss drug Zepbound for self-paying patients
The drug company is calling on insurers and federal programs to include coverage of obesity as a chronic disease.MarketWatch - 9m -
Planet Fitness shares stumble as outlook points to slower earnings growth
Planet Fitness’ stock falls as the full-year earnings growth outlook disappoints.MarketWatch - 12m -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 27m