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Steven Madden C.E.O. Says It Is Moving Production Out of China
The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.Business - The New York Times - Yesterday -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - 2 days ago -
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.Business - The New York Times - October 23 -
C.E.O. of Real Estate Giant Douglas Elliman Retires Amid Mounting Criticism
Howard Lorber faced calls to reduce his compensation, amid allegations of sexual assault by agents and plummeting stock prices.Top stories - The New York Times - October 22 -
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 -
CVS Ousts Karen Lynch as C.E.O. and Shares Fall
Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.Business - The New York Times - October 18 -
Washington Post C.E.O. Elevates Deal-Making to a Top Priority
Will Lewis has said he has a mandate from the paper’s owner, Jeff Bezos, to grow the business, including through acquisitions.Business - The New York Times - October 15