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Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
Business

Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO

The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.

Modelo Continues to Win Over Bud Light Drinkers
Business

Modelo Continues to Win Over Bud Light Drinkers

Constellation Brands CEO says the Mexican beer brand has more room for growth. Source link

New Shein Executive Aims to Expand Supply Chain Outside China
Business

New Shein Executive Aims to Expand Supply Chain Outside China

The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to its consumers. Source link

PG&E's $6 Billion Plan to Prevent Wildfires Is in Peril
Business

PG&E's $6 Billion Plan to Prevent Wildfires Is in Peril

California regulators are likely to significantly restrict the number of power lines the company can bury in the coming years in favor of other ways

This Ford vs. GM Feud Could Shape the Future of EVs in America
Business

This Ford vs. GM Feud Could Shape the Future of EVs in America

The Biden administration’s decision on a $7,500 tax credit could determine China’s role in the U.S. electric-vehicle industry. Source link

Rupert Murdoch to Step Down as Chair of Fox and News Corp
Business

Rupert Murdoch to Step Down as Chair of Fox and News Corp

Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman emeritus. Source link

CEO of Naspers and Prosus Steps Down
Business

CEO of Naspers and Prosus Steps Down

South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. Source link

CEO With $110 Million Pay Package Is Suddenly Out
Business

CEO With $110 Million Pay Package Is Suddenly Out

CS Disco co-founder Kiwi Camara’s departure means he could forfeit option grant. Source link