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Walgreens Chief Executive Steps Down
Business

Walgreens Chief Executive Steps Down

Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link

CNN Taps Former New York Times Chief Thompson to Lead Network
Business

CNN Taps Former New York Times Chief Thompson to Lead Network

Mark Thompson, whose appointment as CEO will be effective Oct. 9, comes as parent Warner Bros. Discovery looks to bring stability to the network’s ranks.

Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push
Business

Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push

Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain’s strategy to expand beyond large

Elon Musk's Latest Antics Have Some Asking: Is He Out of Touch?
Business

Elon Musk's Latest Antics Have Some Asking: Is He Out of Touch?

The billionaire’s taunts of Mark Zuckerberg, his rival at Meta Platforms, are drawing cringes and questions. Source link

Schulman Having Bumpy Landing After Taking PayPal to New Heights
Business

Schulman Having Bumpy Landing After Taking PayPal to New Heights

With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.

Estée Lauder's Big Bet on China Is Looking Not So Pretty
Business

Estée Lauder's Big Bet on China Is Looking Not So Pretty

Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link

Home Depot's Inflation Pressures Ease
Business

Home Depot's Inflation Pressures Ease

CEO Ted Decker says costs are improving as suppliers demand fewer price increases. Source link

AMC Can Sell Nearly 400 Million New Shares Following Court Approval
Business

AMC Can Sell Nearly 400 Million New Shares Following Court Approval

Distressed movie-theater chain overcame opposition from meme investors concerned about dilution, winning court approval for transactions to sell more shares. Source link

Ford Hires Former Apple VP to Oversee New Customer Experience Effort
Business

Ford Hires Former Apple VP to Oversee New Customer Experience Effort

Peter Stern is the latest executive hired by the automotive industry to join the dots between cars, services and the raft of software that now

Amazon's Leader on Alexa, Other Devices Plans to Leave
Business

Amazon's Leader on Alexa, Other Devices Plans to Leave

David Limp is planning to retire in the coming months in the latest departure of a longstanding top executive since Andy Jassy took over as