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April 15, 2021

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White House set to host Google, Intel CEOs to discuss computer chip supply chain

CNBC
CNBC – For more and to sign up click here President Joe Biden holds a chip as he speaks prior to signing an executive order aimed at addressing a global semiconductor shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. Jonathan Ernst |......

More women in Italian boardrooms, but fewer female CEOs

Reuters
FILE PHOTO: Ferrari’s logo is seen on the facade of Milan’s stock exchange, downtown Milan, Italy January 4, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Italian listed companies have increased the number of women serving on their boards but the number of female chief executive officers fell slightly last year, the......

More women in Italian boardrooms, but fewer female CEOs

Reuters
FILE PHOTO: Ferrari’s logo is seen on the facade of Milan’s stock exchange, downtown Milan, Italy January 4, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Italian listed companies have increased the number of women serving on their boards but the number of female chief executive officers fell slightly last year, the......

Micron, QuantumScape and Hyzon Motors CEOs react to Biden’s plans for infrastructure

CNBC
CNBC – For more and to sign up click here U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021. Jonathan Ernst | Reuters Micron “This is clearly important because the......

Frustration shows through as Congress grills social media CEOs yet again

CNBC
CNBC – For more and to sign up click here Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of......

Lawmakers Grill Tech C.E.O.s on Capitol Riot, Getting Few Direct Answers

New York Times
WASHINGTON — Lawmakers grilled the leaders of Facebook, Google and Twitter on Thursday about the connection between online disinformation and the Jan. 6 riot at the Capitol, causing Twitter’s chief executive to publicly admit for the first time that his product had played a role in the events that left......

Big Tech C.E.O.s Face Lawmakers on Disinformation: Live Updates

New York Times
Here’s what you need to know: Mark Zuckerberg of Facebook, Jack Dorsey of Twitter and Sundar Pichai of Google are appearing at a hearing held by the House Energy and Commerce Committee about how disinformation spreads across their platforms. Video Mark Zuckerberg of Facebook, Sundar Pichai of Google, and Jack......

Here’s what the CEOs of Facebook, Google and Twitter will tell Congress about fighting misinformation

CNBC
CNBC – For more and to sign up click here Combination of Mark Zuckerberg, CEO of Facebook, Jack Dorsey, CEO of Twitter and Sundar Pichai, CEO of Google. Reuters The CEOs of Facebook, Twitter and Google will face Congress on Thursday to discuss misinformation and defend the liability shield that......

250 CEOs and execs express ‘alarm’ over what could become the largest tax hike in New York history

CNBC
CNBC – For more and to sign up click here New York state Gov. Andrew Cuomo speaks at a news conference on September 08, 2020 in New York City. Spencer Platt | Getty Images A group of 250 CEOs and business leaders sent a letter to New York’s governor and......

Ex-GE boss Jeff Immelt bares his singed soul in ‘Hot Seat’

NYPost
Charles Gasparino In “Hot Seat,” Jeff Immelt’s highly readable yet flawed account of his controversial tenure as CEO of General Electric, he wastes little time letting the reader know he was handed an impossible job when he took over the company from the legendary Jack Welch. Just a few pages......

Airline CEOs urge White House support for greener aviation fuel

Reuters
By David Shepardson, Tracy Rucinski FILE PHOTO: Delta Air Lines passenger planes are seen parked at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. REUTERS/Elijah Nouvelage WASHINGTON (Reuters) – The CEOs of American Airlines, United Airlines and Delta Air Lines and other airline officials met virtually with White......

Boeing 737 MAX crash lawyers ask two CEOs to testify

Reuters
(Reuters) – Lawyers for families of a fatal Boeing Co 737 MAX crash in Ethiopia are seeking testimony from the planemaker’s chief executive Dave Calhoun and his predecessor Dennis Muilenburg, among other current and former employees, according to a court filing. The Boeing 737 MAX crash on Ethiopian Airlines on......

More than 150 CEOs urge Congress to pass Biden’s Covid relief package

CNBC
CNBC – For more and to sign up click here More than 150 New York chief executives urged Congress to pass President Joe Biden‘s $1.9 trillion Covid stimulus package in a letter Wednesday. “Previous federal relief measures have been essential, but more must be done to put the country on......

GE’s Immelt-down: Harsh light on in-the-dark CEO’s failure

NYPost
Charles Gasparino In March of 2017, Jeff Immelt was in his 16th year as CEO of General Electric and — at least in his head — he was remaking the iconic conglomerate into the very model of the modern industrial company. He was expanding the old — GE’s historic footprint......

‘The casino tends to win’: Democrats rip Robinhood, Citadel CEOs over GameStop

Politico
Politico.com – For more and to sign up click here “So who loses?” Himes said. “The retail investor.” The hearing before the House Financial Services Committee underscored how the GameStop episode has raised alarms among lawmakers and regulators over whether the complex structure of the market serves average investors or......

Facebook, Google and Twitter CEOs will make another appearance before Congress in March

CNBC
CNBC – For more and to sign up click here Combination of Mark Zuckerberg, CEO of Facebook, Jack Dorsey, CEO of Twitter and Sundar Pichai, CEO of Google. Reuters The CEOs of several big tech companies will again testify before Congress next month, this time to discuss misinformation on their......

Here’s what to expect from Thursday’s GameStop hearing with Robinhood, Citadel and Reddit CEOs

CNBC
CNBC – For more and to sign up click here The chiefs of Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at the U.S. Congress. Lawmakers will get their chance to grill the CEOs, as well as the Reddit trading star known......

Citigroup slashes CEO’s pay by 21%, to $19 million

Reuters
FILE PHOTO: The logo of Citi bank is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha/File Photo (Reuters) – Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat’s compensation for 2020 would be $19 million, a 21% decrease from 2019, according......

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