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Nikola CEO Michael Lohscheller Steps Down
Business

Nikola CEO Michael Lohscheller Steps Down

Michael Lohscheller has stepped down due to a family health matter, and Chairman Steve Girsky has taken over as CEO of the electric-vehicle maker. Source

Steve Wynn Agrees to Stay Out of Nevada's Gambling Industry
Business

Steve Wynn Agrees to Stay Out of Nevada's Gambling Industry

The former casino magnate has agreed to an effective ban from Nevada’s gambling industry in a settlement over his alleged sexual misconduct against former employees. 

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
Business

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic

Union Pacific Picks New CEO
Business

Union Pacific Picks New CEO

The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link

Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Business

Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO

Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link

Chevron Waives Retirement Age for CEO Mike Wirth
Business

Chevron Waives Retirement Age for CEO Mike Wirth

The oil giant reported higher-than-expected profit in the second quarter. Source link

Elliott Takes Big Stake in Drugmaker Catalent
Business

Elliott Takes Big Stake in Drugmaker Catalent

The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link

Elliott Takes Big Stake in Drugmaker Catalent
Finances

Elliott Takes Big Stake in Drugmaker Catalent

The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link