Planet Fitness shares fall as company announces new CEO
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Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.CNBC - Business -
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 -
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 -
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 -
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Activision Announces New Studio Making "All-New Franchise"
Activision, the gaming giant behind Call of Duty, has announced a new studio based in Europe--Elsewhere Entertainment--that is creating an "all-new franchise." This will be a "narrative-based IP," but the company did not confirm any further ...GameSpot - Tech -
How Vanguard stacks up against BlackRock in ETFs as new CEO Salim Ramji steps in
Vanguard is moving closer to BlackRock’s top ranking in U.S. exchange-traded-fund assets.MarketWatch - Business -
‘Grand Theft Auto VI’ won’t come until fall 2025, and Take-Two shares slip
Shares of videogame maker Take-Two-Interactive Software Inc. fell 2% in after-hours trading Thursday after the company said its highly anticipated “Grate Theft Auto VI” game won’t be released until fall 2025, and lowered its bookings forecast for ...MarketWatch - Business -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
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GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
Richemont overhauls CEO role as it navigates luxury downturn
Swiss company appoints Van Cleef & Arpels head as new group chiefFinancial Times - Business -
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 -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
Some A.I. Companies Face a New Accusation: ‘Open Washing’
An accusation against some A.I. companies that they are using the “open source” label too loosely.The New York 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 -
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 -
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 -
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month’s news about U.S. tariffs.MarketWatch - Business -
Joan Vassos Is Announced as First ‘Golden Bachelorette’
ABC introduced a new season of the spinoff, after the ratings success of “The Golden Bachelor.”The New York Times - Lifestyle -
Biden announces 'major step' toward reclassifying marijuana
The Biden administration announced Thursday it had initiated the formal rulemaking process to reschedule marijuana to Schedule III from its Schedule I designation that it has held for more than 50 years. The announcement follows the Department of ...The Hill - Politics - Joe Biden -
Undisputed – Official Release Date Announcement Gameplay Trailer
The new boxing sports game Undisputed is releasing October 11, 2024.GameSpot - Tech -
25 Best REI Anniversary Sale Deals: Fitness Trackers, Tents, Sleeping Bags, Outdoor Apparel
It’s the best time of the year to pick up all the tents, stoves, sleeping bags, and gear that you’ll need for summer fun.Wired - Tech -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
With 17 Simple Words, Walmart CEO Doug McMillon Just Taught a Profound Lesson in Emotional Intelligence
A ton of research agrees with him about the best way to escape negative thinking.Inc. - Business -
Putin and Xi announce plans to strengthen military ties in Beijing
Russian leader praises ‘comradely’ talks with Chinese president ahead of concert to mark 75 years of ‘friendship’. . Russia and China have announced they will deepen their already close military ties, as Vladimir Putin met Xi Jinping in Beijing on ...The Guardian - World - China -
U.S. announces effort to expedite cases of migrants who cross border illegally
Migrant adults released by federal border officials after crossing into the U.S. unlawfully will be eligible to be placed in the program.CBS News - Top stories -