Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co CEO

Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO

The influential cryptocurrency exchange has undergone several reorganizations in recent years.

Business - The New York Times - 6 days ago

Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.

Business - MarketWatch - 5 days ago

Volkswagen to close three German factories and lay off thousands of workers, employees say

Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.

Business - MarketWatch - October 28

Google CEO names new search and ads boss, slides predecessor to role of chief technologist

Google is replacing Prabhakar Raghavan, the company's search and ads boss since 2018, with longtime executive Nick Fox.

Business - CNBC - October 17

Disney Taps Gorman as Next Chairman, Plans to Name New CEO in 2026

The Morgan Stanley exec leads the entertainment giant’s succession planning committee. Disney is screening internal and external candidates in preparation for Bob Iger’s departure.

Business - Inc. - October 22

Boohoo Names New CEO, Defies Frasers' Bid to Install Ashley

Boohoo named Dan Finley as its next chief executive officer, spurning major shareholder Frasers’ attempts to install its owner Mike Ashley at the helm.

Business - The Wall Street Journal - 5 days ago

New Boeing CEO to give clues on company's future, while striking workers vote on new contract

Boeing's CEO Kelly Ortberg faces investors for first time at the helm of the troubled manufacturer.

Business - CNBC - October 22

New Boeing CEO to give clues on company's future, while striking workers vote on new contract

Boeing has already braced investors for a rough quarterly report.

CVS cuts outlook yet again — while swapping out CEO for a company veteran

“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.

Business - MarketWatch - October 18

Bandai Namco Cancels Multiple Games, Lays Off Staff - Report

In a year flush with video-game-company layoffs and restructuring, Bandai Namco has reportedly canceled several titles including games featuring One Piece and Naruto licenses. In addition to ...

Tech - GameSpot - October 15

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”

Tech - ABC News - October 17

Kraken score 4 goals in 2nd period, hold off late Flyers rally in 6-4 win

Eeli Tolvanen, Jordan Eberle, and Shane Wright scored three goals in less than three minutes in the second period and the Seattle Kraken held off a Philadelphia Flyers rally for a 6-4 victory

Sports - ABC News - October 18

10/15: CBS Evening News

Trump campaigns in Georgia as early voting begins; Pandas from China arrive in Washington, D.C.

World - CBS News - October 16

Motion picture academy lays off staff at archive and library amid broader restructuring

The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.

Entertainment - Los Angeles Times - 5 days ago

Disney says it will name CEO Bob Iger’s second successor in 2026

The House of Mouse taps former Morgan Stanley CEO as its new board chair, who will lead search for Iger’s replacement. Walt Disney said it would announce another replacement for CEO Bob Iger in ...

World - The Guardian - October 21

Peloton Interactive Names Peter Stern as CEO; Narrows 1Q Losses

Peloton Interactive appointed Peter Stern as chief executive officer following a months-long search for a new leader to continue its turnaround efforts.

Business - The Wall Street Journal - 5 days ago

46 people hospitalized with food poisoning in Maryland after sharing meal prepared by co-worker

Forty-six people were hospitalized in a "foodborne illness outbreak" this week after they shared a dish at their workplace in Maryland, officials said.

SEC lays out new punishments for teams 'faking injuries', including coach suspensions for repeat offenders

SEC commissioner Greg Sankey sent a sternly-worded memo to league athletic directors condemning fake injuries this week

Sports - CBS Sports - 4 days ago

Dave Chappelle, Killer Mike kick off co-headlining tour with Detroit stop

Tickets for the Detroit show go on sale at noon Friday at Ticketmaster.

Entertainment - CBS News - October 24

Election worker fired after completed ballots fell off truck in Florida

An election worker in Florida was fired after a sealed bin and sealed bag of ballots fell off a truck, according to local election officials. The Miami-Dade County Elections Department said ...

Politics - The Hill - October 29

Here are the 28 states where workers are guaranteed time off to vote

Without a federal law ensuring workers can take time off to vote, some states have stepped up with Election Day voting leave laws.

Starbucks Scales Back Discounts Under New CEO

Brian Niccol, the company’s new chief executive, is aiming to improve cafe operations and focus more on selling premium coffee while promoting seasonal drinks.

Business - The Wall Street Journal - October 14

Starbucks Baristas Demand Change from New CEO

Starbucks baristas hope to see their complaints taken seriously with new leadership at the helm.

Business - Inc. - October 23

FDA Names a New Chief of Medical Devices

Patient advocates hope Dr. Michelle Tarver will lead the agency to focus more on safety and less on rapid approvals.

Business - The New York Times - October 22

Saudi Arabia’s wealth fund pivots from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects

Business - Financial Times - October 29

Hezbollah Names Naim Qassem as Its New Leader

Mr. Qassem had been the Lebanese militant group’s longtime deputy. He replaces Hassan Nasrallah, who was assassinated in an Israeli airstrike last month.

World - The New York Times - October 29

WNBA's Fever name White as new head coach

Former Connecticut Sun coach Stephanie White has been hired as the new head coach of the Indiana Fever, the team announced.

Sports - ESPN - 4 days ago

Disney Names James Gorman Chairman, Sets ‘Early 2026’ for C.E.O. Change

In a board shake-up, James Gorman, a director in charge of planning for a successor to the chief executive, Robert A. Iger, will become chairman on Jan. 2, 2025.

Business - The New York Times - October 21

Boeing Workers to Vote on New Pay Deal

A proposal for a 35 percent wage hike over four years could end a costly strike, even as the aircraft maker hustles to sell planes and raise cash.

Business - Inc. - October 21

New workers' rights 'to cost firms £5bn a year'

Businesses will face additional costs over the measures which include boosts to sick pay and unfair dismissal rights.

New York Times Tech Workers Go on Strike

The Times Tech Guild represents more than 600 software developers and others who run the back-end systems behind The Times’s digital operation.

Business - The New York Times - Yesterday

Boeing workers voting on new union contract

Boeing workers are voting on a new union contract Monday that does not include the pension benefits that thousands sought during negotiations. Cody Martin, a Boeing union worker, joins CBS News ...

Oct 15: CBS News 24/7, 10am ET

Early voting underway in some key battleground states; Latest on North Carolina hurricane recovery efforts.

Oct 15: CBS News 24/7, 1pm ET

Former President Donald Trump addresses The Economic Club of Chicago; Secretary Lloyd Austin raises concerns about Gaza humanitarian aid.

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