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Are CEOs Sitting This Election Out?
Unpacking the reasons why entrepreneurs seem more hesitant than ever to weigh in on this election.Inc. - Business -
Sky-High Housing Costs Propel Construction of Rental Homes
Rental builders are betting that the lowest level of home affordability since the 1980s means that even relatively affluent Americans will remain renters.The Wall Street Journal - World -
Sony to Adopt Dual-CEO Structure for Videogame Unit
The company said it would adopt a new leadership structure for its Sony Interactive Entertainment unit overseeing PlayStation, with two separate chief executives.The Wall Street Journal - Business -
Who is Salim Ramji, the new Vanguard CEO?
Vanguard Group on Tuesday appointed BlackRock Inc. veteran Salim Ramji as its new chief executive, a move that will give the asset-management giant a leader with years of experience in wealth advisory and management who is known for his efforts to ...MarketWatch - Business -
Vanguard Names Former BlackRock Executive as CEO
Salim Ramji led BlackRock’s ETF business and left in January.The Wall Street Journal - World -
The Federal Energy Regulatory Commission completed new rules designed to expand the construction of big power lines and bring more renewable energy to U.S. homes and businesses.
The Federal Energy Regulatory Commission completed new rules designed to expand the construction of big power lines and bring more renewable energy to U.S. homes and businesses.The Wall Street Journal - World -
Amazon Web Services CEO Adam Selipsky to step down
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday.NBC News - Top stories - Amazon -
Amazon’s AWS business is getting a new CEO, and the stock is dipping
Matt Garman, a sales and marketing leader for AWS, will succeed Adam Selipsky.MarketWatch - Business -
Amazon Web Services CEO Adam Selipsky to step down
The departure of Adam Selipsky, CEO of Amazon's cloud computing business, is the latest high-profile executive exit from the company led by Andy Jassy.CNBC - Business - Amazon -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Sony Names Two PlayStation CEOs, Says PS5 Growth Is Likely Over
The PS5 might be outselling its chief competitor, but it seems that its overall sales have slowed in recent months. In a recent financial report, Sony said that PS5 sales are down 29% year-over-year in the last fiscal quarter, and it further ...GameSpot - Tech - Playstation -
Vanguard chooses former BlackRock executive Salim Ramji as CEO
The first outsider to lead the $9tn money manager will take up his role in JulyFinancial Times - Business -
TotalEnergies CEO: Moving main listing to New York would be ‘no matter of emotion.’
The chief executive of French energy giant TotalEnergies reiterated that the company is looking at moving its primary listing to the U.S. as he sought to play down the significance of such a decision.MarketWatch - Business - New York -
GameStop’s meme-stock rally is a ‘short-term baseless frenzy,’ brokerage CEO says
The meme rally that sent shares of GameStop Corp. soaring this week will likely peter out in a couple of days, says Dan Raju, the CEO of cloud-based financial-services provider Tradier.MarketWatch - Business -
Nvidia CEO Jensen Huang saw his pay jump 60% last year, topping what rivals made
Nvidia CEO Jensen Huang’s base salary stayed the same last fiscal year — but other sources drove a sharp increase in his total compensation.MarketWatch - Business -
House Democrat presses oil CEOs for details of Trump's fundraising dinner at Mar-a-Lago
In letters to nine oil CEOs, the House Oversight Committee's top Democrat asked for details of any pledges Trump made as he asked them for campaign donations.CNBC - Business - Donald Trump -
Google CEO Pichai says company will 'sort it out' if OpenAI misused YouTube for AI training
YouTube's videos have been used to help companies with AI model training.CNBC - Business - Google -
CEO: I asked ChatGPT to read my journal from my late 20s and flag my top 10 weaknesses: It was 'alarmingly accurate'
Letting ChatGPT analyze the words of his younger self "helped me see what I've learned and understand why I'm happier now than I was then," says Ravin Gandhi.CNBC - Business