Corporate management

September 10, 2018 - 10:35 am
JACKSON, Miss. (AP) — An official with President Donald Trump's campaign says they are canceling a trip to Mississippi because Hurricane Florence is approaching the southeastern coast of the U.S. Michael Glassner, Chief Operating Officer of Donald J. Trump for President, Inc., announced the news...
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FILE- In this Aug. 27, 2018, file photo trader George Ettinger, foreground, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 10. (AP Photo/Richard Drew, File)
September 10, 2018 - 9:18 am
NEW YORK (AP) — U.S. stocks are rising Monday as major indexes rebound from the previous week's losses. The S&P 500 is on track to break a four-day losing streak as industrial and retail stocks rise. Technology companies are also recovering after their drop last week. Apple fell after saying a...
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FILE - In this July 29, 2013, file photo, Les Moonves arrives at the CBS, CW and Showtime TCA party at The Beverly Hilton in Beverly Hills, Calif. On Sunday, Sept. 9, 2018, CBS said longtime CEO Les Moonves has resigned, just hours after more sexual harassment allegations involving the network's longtime leader surfaced. (Photo by Jordan Strauss/Invision/AP, File)
September 10, 2018 - 7:43 am
NEW YORK (AP) — The #MeToo movement fighting sexual misconduct had already claimed one of Hollywood's top movie moguls in Harvey Weinstein. Now it has done the same for Leslie Moonves, one of the television industry's most powerful executives. The CBS Corp. announced its chairman's exit late Sunday...
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In this June 25, 2018, photo, Jack Ma, chairman of Alibaba Group attends the ceremony to launch a blockchain-base remittance solution in Hong Kong. Jack Ma, who founded e-commerce giant Alibaba Group and helped to launch China's online retailing boom, announced Monday, Sept. 10, 2018 that he will step down as the company's chairman next September. In a letter released by Alibaba, Ma said he will be succeeded by CEO Daniel Zhang. Ma handed over the CEO's post to Zhang in 2013 as part of what he said was a succession process developed over a decade. (Chinatopix via AP)
September 09, 2018 - 9:39 pm
BEIJING (AP) — Jack Ma, who founded e-commerce giant Alibaba Group and helped launch China's e-commerce boom, announced Monday he will step down as the company's chairman next September. In a letter released by Alibaba, Ma said he will be succeeded by CEO Daniel Zhang, an 11-year veteran of the...
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FILE - In this Sept. 19, 2017, file photo, Les Moonves, chairman and CEO of CBS Corporation, poses at the premiere of the new television series "Star Trek: Discovery" in Los Angeles. On Sunday, Sept. 9, 2018, CBS said longtime CEO Les Moonves has resigned, just hours after more sexual harassment allegations involving the network's longtime leader surfaced. (Photo by Chris Pizzello/Invision/AP, File)
September 09, 2018 - 5:29 pm
NEW YORK (AP) — The Latest on sexual misconduct allegations against CBS chief Leslie Moonves (all times local): 5 p.m. CBS says longtime CEO Les Moonves has resigned, just hours after more sexual misconduct allegations involving the network's longtime leader surfaced. A statement posted on CBS's...
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September 08, 2018 - 6:02 am
JOHANNESBURG (AP) — The former president of Angola on Saturday said he made mistakes during his long rule but was holding his "head high" as he stepped down as leader of the ruling MPLA party. The political exit of Jose Eduardo dos Santos comes as President Joao Lourenco, a former defense minister...
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FILE- In this June 24, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Shares of electric car maker Tesla Inc. tumbled over 9 percent as the markets opened Friday, Sept. 7, after the CEO smoked marijuana during a YouTube video podcast and the company’s accounting chief left after a month on the job. (AP Photo/Kiichiro Sato, File)
September 07, 2018 - 9:58 pm
Another executive departure, another controversy over the CEO's behavior, another stock drop. Another typical day at Tesla. Although the details change, the pattern stays the same. This time, the executive departure is David Morton, chief accounting officer at Tesla Inc., who called it quits after...
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FILE - In this Oct. 10, 2010, file photo, Richard DeVos, Orlando Magic owner and Amway Inc. co-founder, smiles after welcoming fans to the new Amway Center before a preseason NBA basketball game against the New Orleans Hornets in Orlando, Fla. DeVos, the billionaire father-in-law of Education Secretary Betsy DeVos, died Thursday, Sept. 6, 2018. He was 92. (AP Photo/Phelan M. Ebenhack, File)
September 06, 2018 - 1:06 pm
DETROIT (AP) — Billionaire Richard DeVos, co-founder of direct-selling giant Amway, owner of the Orlando Magic and father-in-law of Education Secretary Betsy DeVos, died Thursday. He was 92. Family spokesman Nick Wasmiller says DeVos died at his western Michigan home due to complications from an...
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FILE - In this May 12, 2012, file photo, Australia's Stephanie Gilmore competes in the Association of Surfing Professionals (ASP) Billabong Rio Pro women's surfing competition at Barra da Tijuca beach in Rio de Janeiro, Brazil. The World Surf League will be awarding the same prize money for men and women starting in 2019. CEO Sophie Goldschmidt says the equal pay for surfers will apply for the league's various tours — world championship, junior world championship, longboard and big wave. Current No. 1 and six-time world champion Stephanie Gilmore writes that despite winning four straight world championships, she didn't receive nearly the same prize money and sponsorship as men. (AP Photo/Felipe Dana)
September 06, 2018 - 11:37 am
The World Surf League will award the same prize money for men and women starting in 2019. CEO Sophie Goldschmidt says the equal pay for surfers will apply for the league's various tours — world championship, junior world championship, longboard and big wave. Eleven-time world champion Kelly Slater...
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Uber CEO Dara Khosrowshahi speaks during the company's unveiling of the new features in New York, Wednesday, Sept. 5, 2018. Uber is aiming to boost driver and passenger safety in an effort to rebuild trust in the brand.(AP Photo/Richard Drew)
September 06, 2018 - 9:14 am
NEW YORK (AP) — Ever since he stepped into his role as CEO a year ago, Dara Khosrowshahi has had to deal with wave after wave of major scandals and bad press, much of which he inherited from his predecessor, Travis Kalanick. About two weeks after Khosrowshahi started his job, London's transport...
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