Tag Archives: CEO

Russia’s invasion of Ukraine and penalizing sanctions against Moscow have roiled financial markets and wreaked havoc on global supply chains. And JPMorgan CEO Jamie Dimon thinks the worst is yet to come. Dimon warned in his closely-read annual letter to shareholders on Monday that Russia’s ongoing invasion of Ukraine is expected to meaningfully slow the U.S. and global economy. JPMorgan economists predict consequences from the war and resulting sanctions against Russia will reduce the… Source link

This story is part of the Behind the Desk series, where CNBC Make It gets personal with successful business executives to find out everything from how they got to where they are to what makes them get out of bed in the morning to their daily routines As far as career accomplishments go, it’s hard to top Eric Schmidt. A self-described software “nerd” from Falls Church, Virginia, Schmidt was hired as Google’s chairman and later CEO by co-founders Larry Page and Sergey Brin in 2001 to provide… Source link

The House voted to decriminalize marijuana and remove it from the list of banned controlled substances at the federal level on Friday. Now, the Marijuana Opportunity Reinvestment and Expungement Act, known as the MORE Act, will move to the Senate, where it is unlikely to attain the 60 votes needed to pass. While the passage of the MORE Act would certainly expand cannabis markets in the U.S., Weedmaps CEO Chris Beals thinks that a bigger obstacle lies in the 37 states where the substance is… Source link

Former Google CEO Eric Schmidt’s foundation poured money into the White House Office of Science and Technology Policy over the past year, according to a report from Politico. The foundation’s close ties with the office raised ethics concerns with internal watchdogs. Schmidt held a number of roles at Google and parent company Alphabet, including CEO, executive chairman, and technical advisor. He stepped down from that last role in 2020. Now, he sits on the boards and invests in tech… Source link

Nvidia introduced a new version of its autonomous-driving platform at its GTC developers conference this week. Automotive is a small segment of the company’s business. But it’s getting a lot of attention from Nvidia founder and CEO Jensen Huang. At the conference, Huang touted the company’s $11 billion vehicle-tech order pipeline over the next six years. But he says that’s only one slice of the potential market for autonomous-driving technologies and their importance to Nvidia ( Source link

The war between Russia and Ukraine being fought on the battleground — and in cyberspace. Just ask Dyma Budorin, a Ukrainian web security entrepreneur turned cyber warrior currently based in Spain after leaving Kyiv just days before the Russian invasion began. “It’s an official cyberwar between Russia and Ukraine,” Budorin, co-founder and CEO of Hacken, a Ukrainian cybersecurity consulting firm, told Yahoo Finance. Budorin says almost his entire 70-member team relocated. They’re still handling… Source link

Disney workers are taking a stand amid the company’s response to Florida’s controversial Parental Rights in Education Act, which critics have infamously dubbed the “Don’t Say Gay” bill. On Tuesday, employees staged several walkouts in protest of CEO Bob Chapek’s handling of the bill, which passed through the state’s legislature and is now awaiting signature from Florida Governor Ron DeSantis. If signed, the bill would prohibit classroom discussions regarding sexual orientation and gender… Source link

For SoFi CEO Anthony Noto, the topic of excessive student loan debt is personal and runs far deeper than him being CEO of a fintech company that refinances student loans. “My younger brother Tommy died in 2018, and it was a very traumatic experience for us as a family. My older brother and I were going through his belongings in his apartment a couple days after he passed away. On his desk was a letter from Mohela. I opened up that letter [from] a 47-year-old man who had been incredibly… Source link

Affirm founder and CEO Max Levchin has a few things flowing in his veins. One, an admirable work ethic that sees him pushing his own physical boundaries each day. Think working to near exhaustion (yes, for real, as the stories on Levchin are told). And two, financial services — which perhaps harkens back to Levchin arriving to the United States in 1991 from Ukraine as a teenager in search of the American Dream, with little money at first. “I came to the U.S. as a teenager, I had no credit… Source link

With inflation setting a new 40-year high for the month of February, the Federal Reserve looks to pump the brakes on surging prices with the first rate increases since 2018. In light of these inflationary pressures, Lands’ End (LE) CEO Jerome Griffith believes that the outlook for American consumers is optimistic. “I think people are generally concerned about inflation out there. But at the same time, you know, people are still out spending,” he told Yahoo Finance Live. “The resiliency… Source link