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Delta Says Travel Boom Drove Record Revenue
Business

Delta Says Travel Boom Drove Record Revenue

The surge in flying shows no signs of slowing, with demand continuing into autumn, CEO Ed Bastian says. Source link

Crypto Lender Celsius CEO Is Arrested, Sued by Regulators
Finances

Crypto Lender Celsius CEO Is Arrested, Sued by Regulators

Celsius Network founder Alex Mashinsky was arrested in New York early Thursday morning and charged with securities fraud. Source link

Disney's Iger Hints at Strategic Partner for ESPN
Business

Disney's Iger Hints at Strategic Partner for ESPN

CEO Robert Iger said legacy TV networks, including ABC and FX, may not be core to Disney. Source link

Disney Extends CEO Robert Iger's Contract Through 2026
Business

Disney Extends CEO Robert Iger's Contract Through 2026

The entertainment giant’s board unanimously voted to extend his contract by two years. Source link

Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit
Business

Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit

Darren Woods’s total compensation includes stock awards of $24.9 million and a nearly $6.4 million bonus. Source link

Amazon CEO Andy Jassy Commits to Cost-Cutting, Tech Investments in Shareholder Letter
Business

Amazon CEO Andy Jassy Commits to Cost-Cutting, Tech Investments in Shareholder Letter

Amazon.com faced one of its “harder macroeconomic years in recent memory,” Chief Executive Andy Jassy said in a letter to shareholders. Source link

David Zaslav Challenged the Streaming Industry’s Orthodoxy. Now, Rivals Are Following His Lead.
Business

David Zaslav Challenged the Streaming Industry’s Orthodoxy. Now, Rivals Are Following His Lead.

Business Media & Marketing Warner Bros. Discovery to unveil new streaming service Wednesday, but CEO’s playbook is much broader than that Source link

Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps
Finances

Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps

Tim Mayopoulos was squashed into a middle seat in coach on his flight to San Francisco, the only one available when he booked that afternoon.

Tyson Foods Heir Looks to Help Right the Family Business After His Arrest
Business

Tyson Foods Heir Looks to Help Right the Family Business After His Arrest

Business CFO John R. Tyson is moving past his legal issues and now aims to reverse the meat giant’s falling profit Source link