Latest in Peak Citigroup Ceo
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Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - November 7 -
DraftKings CEO says sports betting industry is at 'important inflection point'
It's been six years since the Supreme Court lifted the federal ban on sports betting, and the practice is now legal in 38 states and Washington, D.C.Business - CNBC - 6 days ago -
Cop29 CEO filmed agreeing to facilitate fossil fuel deals at climate summit
Elnur Soltanov recorded speaking with fake oil and gas group that asked for deals in exchange for sponsoring talks. The chief executive of Cop29 has been filmed apparently agreeing to facilitate ...World - The Guardian - 6 days ago -
GameStop CEO Ryan Cohen is happy about Trump’s victory. The stock is climbing.
GameStop shares extended their winning streak to four days — their longest since a seven-day streak that ended on July 16.Business - MarketWatch - 6 days ago -
Tusk’s stance on migration hurts Polish economy, CEOs warn
Visa restrictions and border crackdown deprive Poland of much needed foreign workforce, say business leadersWorld - Financial Times - 5 days 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. - 3 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 - 3 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 - 3 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 - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - Yesterday -
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 MediaSports - ABC News - Yesterday -
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 - Yesterday -
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. - Yesterday -
CSX CEO talks tariffs and manufacturing: 'As long as the economy’s growing, we’ll be a part of it'
CSX operates primarily on the East Coast, providing rail and intermodal freight transport services.Business - CNBC - 6 hours ago -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - 1 hour ago -
Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans
Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK businessBusiness - Financial Times - 1 hour ago -
FirstFT: US companies rush to bond market as Trump rally lowers costs
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - 29 minutes ago -
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