Latest in Kohl’s is bringing aboard a new, digitally focused CEO. Its shares are falling.
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Kohl’s is bringing aboard a new, digitally-focused CEO. Its shares are falling.
Kohl’s Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a digitally-focused veteran of Walmart Inc. and Michaels to lead the ...Business - MarketWatch - Yesterday -
Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop
Samsung Electronics announced a change in leadership for its memory and foundry chip divisions.Business - CNBC - 6 hours ago -
America Inc’s new CEO
Has the US now become a distressed asset?Business - Financial Times - November 11 -
Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges
The retailer’s struggles continue with a leadership shuffle just before Black Friday.Business - Inc. - 16 hours ago -
Chipotle’s new CEO maintains focus on faster service as sales fall short
Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.Business - MarketWatch - October 30 -
Here's how Starbucks' new CEO plans to overhaul its struggling cafes
Starbucks to bring back ceramic mugs and messages written in Sharpie pens to revive a coffeehouse vibe at its nearly 40,000 stores.Top stories - CBS News - October 31 -
Super Micro needs a new CEO before its AI advantage erodes
Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down ...Business - MarketWatch - November 5 -
Buying Shoes at Macy's Isn't Fun. Its New CEO Is Trying to Change That.
The retailer is putting fewer styles on shelves and using technology to get shoes out of the stockroom faster.Business - The Wall Street Journal - November 11 -
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan.Business - CNBC - Yesterday -
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018.Top stories - NBC News - Yesterday -
Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.Business - MarketWatch - November 14 -
StreamElements focuses on creator monetization in new product roadmap
StreamElements debuted its roadmap of upcoming products and features, which are focused on creator monetization and maximizing revenue.Tech - VentureBeat - 6 days ago -
Starbucks’ new CEO has diagnosed its problems. Analysts say the solutions could get expensive.
Starbucks CEO Brian Niccol has laid out a bold turnaround plan for the coffee chain, with plans to tighten up service and redesign stores. But analysts are proceeding with caution.Business - MarketWatch - November 1 -
‘We’re a fierce advocate and a wise friend’: Here’s what AARP’s new CEO will do for its 38 million members.
Social Security, caregiving, health and advocacy are at the top of her list.Business - MarketWatch - November 16 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Pope set to give Catholic Church its first millennial and digital saint
In just a few months, the world will have its first digital saint.Top stories - NBC News - 6 days ago -
New Hong Kong-focused ETF gains approval in Saudi Arabia
Hang Seng Investment Management is second manager to get green light as authorities push for closer ties between both marketsWorld - Financial Times - October 31 -
Trump Transition Signals Focus on Deportations, as Miller Assumes Influence
President-elect Donald Trump is expected to name the immigration hard-liner Stephen Miller as deputy chief of staff and announced a former ICE official as his “border czar.”Top stories - The New York Times - November 12 -
FTX sues Binance and its former CEO for $1.8bn
Collapsed cryptocurrency company says $1.8bn was ‘fraudulently transferred’ to Binance and its executives. The collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng ...World - The Guardian - November 11 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - November 5 -
AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - November 5 -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - November 6 -
UK economy stalls in third quarter
GDP shrinks in September, highlighting challenges for Labour’s growth promisesBusiness - Financial Times - November 15 -
The New Xbox Series X Digital Console Is Discounted For Black Friday
Xbox Series X and Series S Black Friday deals are available now at select major retailers. Multiple Xbox console models are up for grabs for $50 off. Most notably, you can get the recently ...Tech - GameSpot - 5 days ago -
Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.Business - CNBC - November 13 -
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New book from famed photographer focuses on the forces behind the global food chain
Award-winning photographer George Steinmetz has released his sixth book, "Feed the Planet." The book focuses on the people and places powering the world’s food chain, and highlights how those ...World - CBS News - November 16 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales
US group revises down upper end of full-year revenue estimatesBusiness - Financial Times - October 30 -
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.Business - CNBC - October 31 -
Trump Media falls nearly 12% as DJT stock pinballs before presidential election
Donald Trump is the majority owner of Trump Media, which owns the Truth Social platform and trades on the Nasdaq as DJT.Business - CNBC - October 31 -
Serco shares fall on Australian contract loss and changes to UK national insurance
UK operator of prisons and asylum accommodation expects a combined £38mn hit in 2025World - Financial Times - November 8
