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UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack
UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate Finance Committee on the cyberattack on Change Healthcare, a subsidiary of his company. Senate Finance Chair Ron Wyden ...The Hill - Politics -
White House holds press briefing: Watch live
White House press secretary Karine Jean-Pierre is slated to hold the daily press briefing Wednesday afternoon under the shadow of college protests across the nation over the ongoing war in Gaza. It comes as President Biden has continually come ...The Hill - Politics -
N.Y. Criminal Justice Group Presses Hochul for More Scrutiny of Judges
The group, which led the fight against Gov. Kathy Hochul’s nominee to lead the state’s top court, argues that judges are routinely reappointed to the bench without sufficient evaluation.The New York Times - Top stories -
Blue-green algae get a bad press – but we owe a debt of gratitude
While some cyanobacteria are among the deadliest organisms in the world, others help us flourish. Blue-green algae, or cyanobacteria, come in many forms and have generally got a bad press, mainly because five of the 2,000 identified species can ...The Guardian - World -
Transcript: Fed Chief Jerome Powell's Postmeeting Press Conference
The Fed chair discussed the central bank’s decision to hold interest rates steady as inflation remains stubbornly high, during a press conference Wednesday after the Fed’s latest policy meeting.The Wall Street Journal - World - Federal Reserve -
CNN host presses NYC mayor on claims of 'outside agitators' at student protests
CNN anchor Erin Burnett pressed New York City Mayor Eric Adams (D) on his claims of "outside agitators" at the recent pro-Palestinian protests at Columbia University. “Do you have any ability at this point to tell us how many of those were ...The Hill - Politics -
Google's CEO Sends the Perfect Message
Sundar Pichai made it very clear to employees that they are free to express their opinions--but the workplace isn't going to serve as their forum. Business owners would be wise to follow his example.Inc. - Business - Google -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Health -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Business -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Top stories -
Middle East Crisis: Hamas Resists Israel’s Latest Cease-Fire Offer
The U.S. secretary of state is on a tour of the Middle East to press for a cease-fire deal, but a Hamas spokesman said the group could not accept the latest Israeli proposal without changes.The New York Times - World - Israel -
Top New York prosecutor says 280 people arrested at campus protests; independent review into UCLA violence – live
Alvin Bragg does not confirm reports of “outside agitators” infiltrating student-led protests; University of California orders review of lack of policing. Full report: crackdowns intensify on US campus protestsColumbia faculty ‘horrified’ by mass ...The Guardian - World - New York -
Blinken presses Hamas to seal cease-fire with Israel, says 'the time is now' for a deal
U.S. Secretary of State Antony Blinken has met with Israeli leaders in his push for a cease-fire deal between Israel and Hamas to impress on them that “the time is now" for an agreement that would free hostages and bring a pause in the nearly ...ABC News - World - Israel -
The fight for full press freedom in Ukraine: ‘We can write what we want, but bad actors try to intimidate us’
Kyiv Independent’s Olga Rudenko is set on telling the truth in wartime, despite clumsy instances of state harassment. For Olga Rudenko, the editor of the Kyiv Independent, journalism is not just a profession but a moral imperative. “Our soldiers ...The Guardian - World -
UnitedHealth CEO defends ransom payment in testimony on cyberattack
Witty said he himself made the decision that UnitedHealth would pay a ransom to the hackers who caused the massive data breach.CBS News - Top stories -
UnitedHealth CEO testifying about cyberattack before Congress
UnitedHealth Group CEO Andrew Witty is testifying on Capitol Hill Wednesday about a crippling cyberattack on the company in February. CBS News Homeland Security and Justice reporter Nicole Sganga has more.CBS News - Top stories -
L.A. Phil names Kim Noltemy as president and CEO
Kim Noltemy takes over as president and CEO of the L.A. Phil from Chad Smith, who left for the Boston Symphony Orchestra last fall. She arrives from the Dallas Symphony Assn.Los Angeles Times - Entertainment -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
Binance CEO Will Serve Four Months in Prison, But Will Be a Very Rich Inmate
Changpeng Zhao ran his crypto company differently from the way Sam Bankman-Fried ran FTX: Binance is still going strong. Leadership lessons abound from both bad examples.Inc. - Business -
How Bob Bakish, the Anti-Mogul CEO, Struggled to Rescue Paramount
The company veteran stepped down Monday with Paramount in the midst of a merger drama.The Wall Street Journal - Business -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - World -
Paramount CEO Bob Bakish to step down amid sale discussions
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.CBS News - Entertainment -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - Business -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
Manchester United’s interim CEO and chief financial officer to leave club
Patrick Stewart and Cliff Baty will leave at end of seasonJean-Claude Blanc will be interim CEO until 13 JulyManchester United have announced that their interim chief executive, Patrick Stewart, and chief financial officer, Cliff Baty, will leave ...The Guardian - World -
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for computing power.VentureBeat - Tech -
American Express CEO explains how the company is attracting younger consumers
American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday that Millennial and Gen Z customers made up 60% of new card acquisitions.CNBC - Business -
Lobbying World: Global Business Alliance taps next president and CEO
The Global Business Alliance (GBA) announced that Nancy McLernon will retire as president and CEO at the end of the year. McLernon, who founded GBA in 1990, grew the organization from less than a dozen members into an influential voice for more ...The Hill - Politics -
UnitedHealth CEO faces Change Healthcare hack scrutiny on Capitol Hill
UnitedHealth Group’s dominance in the U.S. healthcare industry was in the spotlight on Capitol Hill Wednesday as its CEO faced two Congressional hearings on the cyberattack on its Change Healthcare unit.MarketWatch - Business -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom
Senators questioned UnitedHealth Group CEO Andrew Witty on Wednesday about a cyberattack on its subsidiary Change Healthcare.CNBC - Business -
Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says
The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authenticationABC News - Health -
Unity appoints ex-Zynga exec Matthew Bromberg as CEO
Game engine maker Unity has appointed Matthew Bromberg, former COO of Zynga, as its new CEO.VentureBeat - Tech -
Ex-Pioneer CEO Barred From Exxon Board for Megadeal to Close
Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.The Wall Street Journal - World -
UnitedHealth CEO testifies on Capitol Hill about data breach
UnitedHealth CEO Andrew Witty issued an apology while testifying before a House committee Wednesday about the cyberattack against subsidiary Change Healthcare that paralyzed insurance payments to hospitals, pharmacies and medical practices ...CBS News - Top stories -
Chief Technology and Chief Product Officers Earn More Than CEOs at Early-Stage Startups. Here's Why
When a company is trying to scale, certain skills come at a very high premium.Inc. - Business -
NYCB shares jump 30% after CEO gives two-year plan for 'clear path to profitability'
CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.CNBC - Business -
Masimo's billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight
Masimo has allowed founder Joe Kiani to pledge more than half his $660 million stake in the company as collateral for personal loans.CNBC - Business -
UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack
UnitedHealth CEO estimates that data from one-third of Americans could have been compromised in the Change Healthcare cyberattack.CNBC - Business -
Exxon to Close Megadeal; Pioneer Ex-CEO to Be Barred from Exxon Board in Deal With FTC
Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.The Wall Street Journal - Business