Latest in Samsung Electronics appoints co CEO in leadership shuffle focused on chip divisions; shares drop
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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 - 4 hours ago -
Mean reversion: has AI abolished gravity for share prices?
Despite the Magnificent Seven, US stocks are predicted to be riding for a fallWorld - Financial Times - November 13 -
Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.Business - The Wall Street Journal - November 15 -
Samsung Electronics' chip profit shrinks 40% from the previous quarter
The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.Business - CNBC - October 31 -
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 Sees Progress in Memory Chips for AI After Delays
The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.Tech - The Wall Street Journal - October 31 -
Samsung shares rise on ‘desperate’ buyback plan
First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding familyWorld - Financial Times - November 18 -
Samsung reports 'major' progress in supply deal for AI chips
Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the ...World - ABC News - October 31 -
4 Leadership Teams CEOs Need for Strategic Success
The main job of any CEO is to set the strategy and ensure they have the right leadership team in place.Business - Inc. - November 2 -
Hyundai appoints US citizen as co-chief to face Trump challenges
South Korean carmaker’s first foreign head may have to combat higher tariffs and end of electric vehicle subsidiesWorld - Financial Times - November 15 -
Senate GOP leadership candidates scramble to support Trump’s demand for recess appointments
Sens. John Thune (R-S.D.), John Cornyn (R-Texas) and Rick Scott (R-Fla.), who are all running to become the next Senate GOP leader, say they will do whatever is necessary to allow President-elect ...Politics - The Hill - November 11 -
Hyundai Motor Appoints First Foreign CEO as It Pushes Into North America
Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.Business - The Wall Street Journal - November 15 -
Why Trump May Drop Plans to Repeal Biden’s Chips Act
The president-elect has a record of reversing policies from prior administrations, but there are many reasons he might spare Biden’s program to boost domestic semiconductor manufacturing.Business - Inc. - November 7 -
Samsung shares climb more than 7% after surprise $7 billion buyback plan
The company last bought back shares in November 2017.Business - CNBC - November 18 -
ASML shares rise as chip-equipment maker confirms 2030 outlook
ASML Holding on Thursday reiterated its 2030 targets, a move that relieved investors after a profit warning last month.Business - MarketWatch - November 14 -
Trump's federal prosecution ends as appeals court drops him from classified docs case
A federal appeals court has dropped Donald Trump from the special counsel's appeal of his classified documents case, ending Trump's prosecution on federal charges.Top stories - ABC News - 11 hours ago -
Why Carvana’s CEO Says Used Car Prices Will Drop
Co-founder Ernie Garcia says price declines and interest rate cuts should make used vehicles more affordable.Business - Inc. - November 11 -
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 - October 30 -
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 - October 31 -
Poshmark's new pricing change backfired, so the CEO did something rare—it's great leadership, says expert
Poshmark CEO Manish Chandra issued a public apology after a new policy was poorly received. Here's why it actually hit the mark, says leadership expert Talia Fox.Business - CNBC - October 28 -
With 10 Short Words, the CEO of Walmart U.S. Just Taught a Brilliant Leadership Lesson
I can imagine the anxiety and uncertainty could be distracting!Business - Inc. - November 3 -
Excellence Exemplified: Leadership Lessons From the Life of Clifton Wharton Jr., Pioneering Black CEO
It’s time we properly celebrate the life and impact of this true Black pioneer.Business - Inc. - 5 days ago -
Obama shares thoughts on daughter Malia dropping last name professionally
Former President Barack Obama recently opened up about his eldest daughter's decision to drop her famous last name in a professional setting.Politics - The Hill - November 1 -
Anger is the defining energy of western politics
Quelling the rage is a democratic imperative across the worldWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
Trump and the lure of strongman leadership
The president-elect has fundamentally shifted the norms and ideology of American politicsWorld - Financial Times - November 7 -
EU leaders strain for unity after Trump win and German crisis
Bloc gathers in Budapest at summit hosted by Brussels’ antagonist Viktor OrbánWorld - Financial Times - November 7 -
Drugmaker shares drop after RFK Jr. tapped to lead HHS
Shares in several pharmaceutical and biotechnology companies have fallen since President-elect Trump announced Thursday that he had tapped vaccine skeptic Robert F. Kennedy Jr. to lead the ...Politics - The Hill - November 15 -
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue
While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue timing.Business - CNBC - 5 days ago -
Kingfisher shares tumble as retailer warns on sales drop and Budget hit
Owner of DIY chain B&Q reports decline in quarterly sales and extra costs from BudgetWorld - Financial Times - Yesterday -
Jim Cramer's big takeaway from the market reaction to Nvidia's earnings beat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 5 days ago -
Shake Shack CEO talks expansion goals as shares climb after earnings beat: 'Now's our opportunity'
Lynch said many eat at Shake Shack when they are on vacation, adding that the chain has outposts in high-traffic airports JFK, LaGuardia and Newark.Business - CNBC - October 30 -
Nasdaq CEO shares the best investing advice she's given her own son: It’s a ‘foundational element of wealth creation’
Nasdaq CEO Adena Friedman has a three-word piece of money advice for anyone who finds the investment market daunting. It's the same thing she taught her own sons.Business - CNBC - November 13