Fears of an economic downturn are growing among CEOs, with some convinced the economy has already rolled over. The majority of chief executive officers and other C-suite leaders across the globe believe their geographic region will enter a recession by the end of 2023, according to a survey from the Conference Board released Friday. The business research firm found that 60% of CEOs expect the economy to contract in their primary area of operations in the next 12 to 18 months. Some 15% of CEOs… Source link
Read More »What can CEOs see that we’re missing?
The topic du jour in the world of business is: What are top execs seeing that others are missing? If you’ve been following the news, you are likely familiar with the headlines: Tesla (TSLA), Coinbase (COIN), and Meta Platforms (FB) are just some of the companies that have announced layoffs or hiring freezes in recent weeks. And these stories come as Jamie Dimon — the JPMorgan (JPM) boss who occupies a spot not far behind Warren Buffett as the “business leader most people listen to” — said… Source link
Read More »CEOs and Twitter trolls take on Roe v. Wade
The Supreme Court is apparently poised to repeal the federal abortion protection of Roe v. Wade, and CEOs around the country are being called out. Some are decrying the move. Others are saying nothing. Few, if any, are publicly cheering. There is no easy playbook here. While companies have zero obligation—legal or otherwise—to take a stand on any social or political issue, they have in recent years waded into those waters (consider after George Floyd’s killing, North Carolina’s bathroom… Source link
Read More »Google Cloud Chief Says CEOs View Software as Strategic
CIO Journal is marking its 10th anniversary by asking corporate leaders to share their views on the evolving role of business and technology. Thomas Kurian, chief executive of Alphabet Inc.’s Google Cloud, says the role of the chief information officer has changed materially as technology has grown more important to business. Increasingly, CEOs view technology as a differentiator and look to the CIO for expertise, he said. Mr…. Source link
Read More »Google Cloud Chief Says CEOs View Software as Strategic
CIO Journal is marking its 10th anniversary by asking corporate leaders to share their views on the evolving role of business and technology. Thomas Kurian, chief executive of Alphabet Inc.’s Google Cloud, says the role of the chief information officer has changed materially as technology has grown more important to business. Increasingly, CEOs view technology as a differentiator and look to the CIO for expertise, he said. Mr…. Source link
Read More »How CEOs received Biden’s ‘very clear message’ on a looming Russian cyberattack
After weeks of relative silence on the issue, President Joe Biden issued a stark warning to CEOs Monday: Moscow is exploring cyberattacks, they could come soon, and businesses need to do more to prepare. “The president delivered a very clear message, which is, every company needs to be hardening its cyber defenses,” National Economic Council Director Brian Deese told Yahoo Finance. “And I think it was well-received in part because we’ve been working with the private sector for months… Source link
Read More »It’s ‘disingenuous’ for CEOs to avoid talking politics
It has often been a rule of running a business that the less said about politics the better. But Georgia gubernatorial candidate Stacey Abrams says that business leaders actually have a duty to weigh in on issues like voting rights that impact the lives of employees and customers. “It is disingenuous to think that you can separate economics from politics or that a CEO can separate her responsibility as a political leader from her responsibility as an economic leader,” she told Yahoo… Source link
Read More »Former Yahoo CEO’s plans to renovate property face hurdles from city ordinance
Check out what’s clicking on FoxBusiness.com. Former Yahoo CEO Marissa Mayer’s plan to demolish three of four townhomes on her residential property and build a swimming pool is facing hurdles from city and state law, according to reports. Since July 2020, Mayer has twice applied for a permit to tear down three of the four townhomes she owns next to her family’s main dwelling on Addison Avenue in Palo Alto, California, according to Palo Alto Online. Marissa Mayer, President… Source link
Read More »Facebook, Google CEOs aware of formal advertising market deal — court filing
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON, Jan 14 (Reuters) – Chief executives of Alphabet Inc’s Google (GOOGL.O) and Facebook (FB.O) were aware of a deal to carve up part of the online advertising market, according to an amended complaint filed by Texas… Source link
Read More »Apple's Tim Cook made $98M in 2021 — how that compares to other tech CEOs – Yahoo Finance
Apple (AAPL) CEO Tim Cook is flush with cash. The head of the world’s first company to reach a $3 trillion market cap took home a staggering $98.7 million in stock and cash in 2021. That’s a 571% increase in his compensation compared to 2020. Cook, of course, has seen Apple through a slew of firsts including hitting a market cap of $1 trillion in 2018. Oh, and he also oversaw the release of everything from new versions of the Apple Watch to the company’s expansion into streaming… Source link
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