Tag Archives: CEO

Retail sales data released on Thursday showed a massive spike in purchases last month that nearly doubled economist expectations, fueling optimism about the COVID-19 recovery as widespread vaccination takes hold and businesses reopen. News of the spending boom came days after data revealed a jump in consumer prices last month, heightening inflation fears among some observers like former Treasury Secretary Larry Summers, who warned that the U.S. is “doing roughly everything you can do to… Source link

Amazon’s founder Jeff Bezos acknowledged Thursday that his new annual letter to shareholders would be his last as CEO. But that reiteration has done nothing to shake Wall Street’s confidence in the e-commerce behemoth’s future financials, although the leadership change is being very closely watched for potential stumbles.   “Well, I think Bezos probably goes down as the best entrepreneur of this generation in a way like Steve Jobs was and Bills Gates was. We’ll see about the next generation…. Source link

Moderna (MRNA) has its sights set on 2022 and beyond, even as it continues to produce doses for its COVID-19 vaccine this year. CEO Stéphane Bancel told Yahoo Finance Wednesday that governments are now focused on booster shots for next year, even though it’s unclear what type of booster shot will be needed — or when it will be needed — as worries surface over emerging variants.  The pandemic still continues to claim casualties around the world, challenging efforts by the U.S., Britain… Source link

Constellation Brands (STZ) is taking the gloves off and hitting back at Anheuser-Busch (BUD) after it filed a lawsuit trying to stop the use of the name Corona being used on a new line of hard seltzer.  “We believe it’s without merit [the lawsuit]. We filed a motion to dismiss this week. It will probably take a few months for that to get ruled on. But we are totally within our sub-license agreement. This certainly looks like an attempt to damage somebody that is doing a lot of damage in the… Source link

SAN RAMON, Calif. (AP) — The executive who steered the transformation of Google’s self-driving car project into a separate company worth billions of dollars is stepping down after more than five years on the job. John Krafcik announced his departure as CEO of Waymo, a company spun out from Google, in a Friday blog post that cited his desire to enjoy life as the world emerges from the pandemic. “I’m looking forward to a refresh period, reconnecting with old friends and family, and… Source link

SAN RAMON, Calif. (AP) — The executive who steered the transformation of Google’s self-driving car project into a separate company worth billions of dollars is stepping down after more than five years on the job. John Krafcik announced his departure as CEO of Waymo, a company spun out from Google, in a Friday blog post that cited his desire to enjoy life as the world emerges from the pandemic. “I’m looking forward to a refresh period, reconnecting with old friends and family, and… Source link

Waymo LLC Chief Executive John Krafcik said he is stepping down from his role, bringing an end to the former auto executive’s more than five-year tenure leading Google parent Alphabet Inc.’s autonomous-vehicle unit. The company said Friday that it is promoting its chief technology and operating officers, Dmitri Dolgov and Tekedra Mawakana, to lead a decade-old effort to make self-driving cars a reality. They will share the title of co-chief executive. After… Source link

SAN RAMON, Calif. (AP) — The executive who steered the transformation of Google’s self-driving car project into a separate company worth billions of dollars is stepping down after more than five years on the job. John Krafcik announced his departure as CEO of Waymo, a company spun out from Google, in a Friday blog post that cited his desire to enjoy life as the world emerges from the pandemic. “I’m looking forward to a refresh period, reconnecting with old friends and family,… Source link

Bloomberg God and Man Collide in Bill Hwang’s Dueling Lives on Wall Street (Bloomberg) — With the sun rising outside their conference room in Midtown Manhattan, the visitors to a secretive investment empire bent their heads in prayerful meditation.It was another Friday morning, 7 o’clock, and a familiar scene was unfolding again inside Archegos Capital Management, an obscure family office that would go on to shake the financial world.In the days before the pandemic, 20 or 30 people would… Source link

On this episode of Yahoo Finance Presents Foot Locker, Inc. chairman & CEO Richard Johnson sat down with Yahoo Finance’s Brian Sozzi and Reggie Wade to discuss the pandemic’s impact on the sportswear industry as well as the current state of Footlocker sales. Video Transcript BRIAN SOZZI: Foot Locker is among many retailers poised to benefit from consumers rebuilding their wardrobe after a year of being stuck inside during the pandemic. But besides making sure it stocks the latest hot footwear… Source link