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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. - 2 days ago

Chipotle tabs internal pick Scott Boatwright as CEO. What that means for investors.

Scott Boatwright is getting the permanent CEO nod. Chipotle’s stock is up 500% since he joined the company in 2017.

Business - MarketWatch - 2 days ago

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 - 2 days ago

Apple won't launch a smart ring, says Oura CEO: 'It's hard to do'

Samsung's smart ring debut put the products firmly in the spotlight, with one analyst predicting that Apple could launch its own smart ring in 2026.

Business - CNBC - Yesterday

CEO of Saudi Arabia's Futuristic City Project Leaves Abruptly

Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns and staff turnover.

World - The Wall Street Journal - Yesterday

Exxon CEO says Trump won’t be able to ‘unleash’ new energy production

President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation’s largest energy company is doubtful ...

Business - MarketWatch - Yesterday

Neom CEO departs as Saudi Arabia scales back mega-projects

No reason given for departure of Nadhmi al-Nasr, longtime CEO of $500bn project launched by Mohammed bin Salman. Nadhmi al-Nasr, the longtime chief executive of the $500bn Saudi development project ...

World - The Guardian - Yesterday

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 - 15 hours ago

Greg Maffei steps down as CEO of Liberty Media, the company that owns F1

Greg Maffei is stepping down as president and chief executive of Formula 1 owner Liberty Media

Sports - ABC News - 10 hours ago

Vanguard Group increases GameStop position, surpassing CEO Ryan Cohen’s stake

The asset-management giant has grown its stake in videogame retailer and original meme stock.

Business - MarketWatch - 4 hours ago

CEO to Step Down from Liberty Media, the Company That Owns F1

Greg Maffei saw Formula 1 as major opportunity for the company in its 2017 takeover.

Business - Inc. - 3 hours ago

The UAE can guarantee the 'safety and the security’ of U.S.-made chips, G42 CEO says

The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national security concerns.

Business - CNBC - October 16

Fannie Mae CEO says she has never seen a housing market like this before

Fannie Mae CEO Priscilla Almodovar talks to MarketWatch about how the lock-in effect, high mortgage rates and climate risk are affecting home buyers.

Business - MarketWatch - October 16

CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer

David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.

Business - CNBC - October 18

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

How the CEO of this upstart Nvidia rival hopes to seize on the lucrative market for AI chips

Andrew Feldman leads Cerebras Systems, a company whose eventual IPO could pave the way for more AI chip companies to go public