Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
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Goldman Sachs, Microsoft Power Dow Industrials to 40000
A broad rally across sectors leads the blue-chip stock index to new highs.The Wall Street Journal - World - Microsoft -
Richemont overhauls CEO role as it navigates luxury downturn
Swiss company appoints Van Cleef & Arpels head as new group chiefFinancial Times - Business -
Red and Blue America Can't Just Go Their Separate Ways
Every state is basically purple, so we have to figure out how to avoid letting politics define us as Americans, writes Bill Maher.The Wall Street Journal - World -
Boeing shareholders re-elect departing CEO Calhoun to board
New board chair Steve Mollenkopf said he has sought feedback on Calhoun's successor from investors and Boeing customers.CNBC - Business -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Usyk and Fury separated at Riyadh weigh-in
Watch as Tyson Fury and Oleksandr Usyk are separated by security at the weigh-in for Saturday’s undisputed heavyweight title fight in Saudi Arabia.BBC News - Top stories -
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Usyk v Fury: World champions separated at weigh-in
Usyk v Fury: World champions separated at weigh-inBBC News - Top stories -
Cartier Owner Richemont Names Van Cleef & Arpels Head as New CEO
Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdown in spending.The Wall Street Journal - World -
AP Week in Pictures: Latin America and Caribbean
May 10-16, 2024 As young Haitians are increasingly exposed to violence, the country is undergoing a wider push to dispel a long-standing taboo on mental health services teaching parents how to put a smile on their children’s faces. Family and ...ABC News - World -
Romney says he laughs at term 'America first'
Sen. Mitt Romney (R-Utah) said that he laughs at the term “America first,” an increasingly common phrase heard in the Republican Party regarding U.S. foreign policy that he finds “disorienting.” Romney said during an interview with MSNBC’s “The ...The Hill - Politics -
Departing Boeing CEO Keeps His Board Seat
Shareholders defied a proxy advisor and kept Dave Calhoun on the board of the troubled plane maker, while unionized workers may get trained in whistleblower laws amid a slew of manufacturing safety issues.Inc. - Business -
Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business -
Marcus Ericsson and Linus Lundqvist involved in separate wrecks during Indy 500 preparations
Former Indianapolis 500 winner Marcus Ericsson and rookie Linus Lundqvist were involved in separate crashes during a busy day of practiceABC News - Sports -
Everyday citizens have abandoned Biden. When will America’s elites?
If the people continue to not support Biden, a time will come when the elites can no longer either.The Hill - Politics -
Ethnic strife is tearing Ethiopia apart, but America can help end it
Ethiopia is a nation in crisis.The Hill - Politics -
Farah Griffin: Cohen denying desire for White House role made 'my jaw hit the floor'
Former White House communications director Alyssa Farah Griffin said Thursday she was surprised to hear Michael Cohen say in court that he was never pining for a job at the White House during his testimony in former President Trump’s Manhattan ...The Hill - Politics -
Iain Armitage was 9 when 'Young Sheldon' began. Now, he's saying goodbye to his biggest role yet
Iain Armitage, 16, talks about the end of "Young Sheldon," which aired its finale Thursday on CBS, and what's next for him.Los Angeles Times - Entertainment -
Patriots' Jacoby Brissett embracing mentor role in second stint with team, 'excited to work with' Drake Maye
Brissett could begin the year as QB1, but it won't stop him from helping out the rookieCBS Sports - Sports -
BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Carter Center CEO says 'no significant change' in Jimmy Carter's condition: AJC
Carter Center CEO Paige Alexander said in a Wednesday interview that there has been “no significant change” in former President Carter’s condition. “It’s 15 months of hospice at this point, and he is fully retired,” Alexander said on The Atlanta ...The Hill - Politics -
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easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business -
3 Hard Questions Every CEO Should Ask About Their Workforce
Here are the difficult but necessary questions that will keep executives from losing sleep at night.Inc. - Business -
Voters want to tax outrageous CEO pay. Are lawmakers listening?
A new poll reinforces my informal findings: Americans across the political spectrum are fed up with overpaid CEOs — and want something done about it.The Hill - Politics -
Cartier Owner Richemont Names Van Cleef & Arpels Head as New CEO
Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdown in spending.The Wall Street Journal - Business -
The CEO Skill Most Leaders Never Learn: How to Quit
A peaceful transition of power is not just a challenge reserved for heads of government. CEOs need to get better at it too. Here's how.Inc. - Business -
In 1 Sentence, Google CEO Sundar Pichai Just Summed Up What Every Company CEO Should Be Doing Right Now
Has big tech learned its lesson for how to responsibly engage its workforce?Inc. - Business - Google