Friday, September 25, 2020
Tags Company management issues

Tag: company management issues

Burberry will not take British state crisis cash to pay staff

LONDON (Reuters) - Luxury brand Burberry () will pay all its staff globally even if they are unable to work due to coronavirus crisis...

Berkshire taps former AmEx CEO Kenneth Chenault for board, as Bill...

(Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Friday that former American Express Co Chief Executive Officer Kenneth Chenault has been nominated to...

Tesla chief Elon Musk’s trial postponed due to coronavirus

WILMINGTON, Del. (Reuters) - Elon Musk's expected defense of a $2.2 billion deal in court was postponed on Friday from its expected Monday start,...

No more nut rage: activist fund takes on family-controlled Korean Air

SEOUL (Reuters) - Days after photographs of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home...

In record deal, U.S. to recover $1 billion from Malaysian fugitive...

NEW YORK/KUALA LUMPUR (Reuters) - The U.S. Justice Department has struck a deal to recoup $1 billion in funds allegedly looted from a Malaysian...

Boeing CEO Muilenburg resists multiple calls for resignation

WASHINGTON/CHICAGO (Reuters) - Boeing () Chief Executive Dennis Muilenburg on Wednesday spurned repeated calls to step down by U.S. lawmakers and from the mother...

Fidelity Contrafund cuts value of WeWork stake by 35%

BOSTON (Reuters) - Fidelity Investments cut the value of Contrafund's stake in WeWork Companies Inc by 35% in September amid turmoil surrounding...

Former Exxon CEO Tillerson denies misleading investors in climate case

NEW YORK (Reuters) - Former Exxon Mobil Corp Chief Executive Officer Rex Tillerson on Wednesday denied misleading investors about how the oil major measured...

New Juul CEO reshuffles top deck to fix image

(Reuters) - Juul Labs Inc said on Tuesday its finance and marketing heads will step down, as new chief executive officer revamps top management...

California regulator to probe utilities’ mass power outages aimed at preventing...

(Reuters) - California regulators said on Monday they will open a formal probe of whether utilities violated any rules by cutting power to millions...