Tag Archives: CEO

CEO reveals how oat milk giant will spend its IPO billions

The king of oat milk Oatly (OTLY) has big plans on how it will spend the $1.43 billion or so it raised from a well-received IPO on Thursday.  Investors should expect an ambitious plan to expand manufacturing capacity to meet strong demand for Oatly oat milk, long-time CEO Toni Petersson said on Yahoo Finance Live.  “It’s to build supply, to build out our production capacity across the three continents,” Petersson said, referring to the use of its new capital infusion. Petersson — who has… Source link

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James Hardie Industries plc CEO Dr. Jack Truong Appears on Yahoo Finance’s “Market Close” on May 19, 2021

James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, today announced that its Chief Executive Officer, Dr. Jack Truong, participated in an interview with Yahoo Finance’s “Market Close” on Wednesday, May 19, 2021 New York City, USA time. To watch the segment click : https://finance.yahoo.com/video/james-hardie-ceo-companys-earnings-212829340.html Forward-Looking Statements This Media… Source link

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James Hardie Industries plc CEO Dr. Jack Truong Appears on Yahoo Finance’s “Market Close” on May 19, 2021

SYDNEY–(BUSINESS WIRE)–James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, today announced that its Chief Executive Officer, Dr. Jack Truong, participated in an interview with Yahoo Finance’s “Market Close” on Wednesday, May 19, 2021 New York City, USA time. To watch the segment click : Source link

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Apple will face a critical test when CEO Tim Cook testifies at the Epic trial

WASHINGTON, DC – JULY 29: Apple CEO Tim Cook speaks via video conference during the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law hearing on Online Platforms and Market Power in the Rayburn House office Building, July 29, 2020 on Capitol Hill in Washington, DC. (Photo by Graeme Jennings-Pool/Getty Images) Wednesday, May 19, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it… Source link

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Elon Musk’s carbon comments will be ‘changing point’ for bitcoin: Gryphon CEO

Bitcoin’s (BTC-USD) price continued its free fall on Wednesday morning, down 15% to about $37,000 per coin by noon EDT. The cryptocurrency has dropped nearly 40% since Tesla (TSLA) CEO Elon Musk first bashed the fossil fuel emissions from bitcoin’s mining process a week ago. “I believe what he said will be a changing point for the way bitcoin is perceived. He is casting a spotlight on energy use for … bitcoin, which is relevant. And it is making companies such as ourselves more… Source link

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‘This business will be commoditized,’ New Constructs CEO argues

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link

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Cultural differences ‘overrated’ as obstacle to US-China relations: Yum China CEO

Reports of anti-Asian incidents that happened in the U.S. over the past year nearly doubled in March alone, as ongoing bigotry and increased awareness brought a flood of testimony, according to data released by advocacy group Stop AAPI Hate this month.  The surge in anti-Asian harassment during the coronavirus pandemic has coincided with a massive shift in negative U.S. sentiment toward China. A Gallup poll conducted in February found that 45% of Americans consider China the nation’s… Source link

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Airbnb CEO identifies 5 trends that are unlikely to reverse

Prior to the pandemic, Airbnb’s core business was driven by vacationers going abroad for a weeklong vacation. Adventurers sought out locations in urban centers, accessible to a city’s top attractions. Today, the home rental platform is seeing the most growth in trips less than 50 miles away from home, with a quarter of all stays lasting 28 days or more.  The traveler, it turns out, is highly adaptable and Airbnb (ABNB), being a tech platform relying on four million hosts across 100,000… Source link

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Ignore Elon Musk when he talks about bitcoin: cryptocurrency CEO

Stop letting random musings on bitcoin from Tesla CEO Elon Musk influence your decisions on how to trade the cryptocurrency and remain focused on the fundamentals, said one crypto expert When Yahoo Finance Live asked Grayscale CEO Michael Sonnenshein if traders should ignore Musk’s comments on bitcoin, Sonnenshein said, “yes.” Grayscale bills itself as the world’s largest digital currency asset manager, managing various crypto ETFs. As usual, traders in bitcoin (BTC-USD) were far from ignoring… Source link

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IBM’s CEO cautions against making ‘plans’ for a return to work

Bloomberg CDC Eases Mask Rules; NYC Offers Burgers for Shots: Virus Update (Bloomberg) — President Joe Biden’s administration took its biggest step yet toward declaring victory over the coronavirus pandemic — announcing that fully vaccinated Americans can ditch their masks in most settings, even indoors or in large groups. Masks are still required on buses, trains and other forms of public transportation, as well as airports.To drive vaccinations, New York Mayor Bill de Blasio is offering… Source link

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