Tag Archives: CEOs

These four CEOs got the most face time with Biden in 2021

President Biden visited with well over 100 top business leaders and CEOs during his first year in office. That comes according to a Yahoo Finance analysis of the president’s public schedule since Jan. 20. He met virtually and in-person with leaders to cover issues like supply chains, COVID-19 vaccines, the semiconductor shortage, his legislative agenda and more. The most frequent guests — with three interactions each — were Ford (F) CEO Jim Farley, General Motors (GM) CEO Mary Barra,… Source link

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3 reasons big-time CEOs sold billions in company stock recently

Tesla CEO Elon Musk, an avid Twitter user, posed a question for his 62 million followers in early November: Should he sell 10% of his stock in the electric carmaker? The CEO, who’s also chief executive of SpaceX, proceeded to unload over $9 billion in Tesla stock that month and sold an additional $963 million in Tesla shares this week. The stock has fallen about 18% since Nov. 4, the week before Musk began his relentless sell-off. While it might be unusual to poll Twitter followers about stock… Source link

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Former Yahoo CEO’s plans to demolish townhouses for a pool are put on back burner at city hall – Palo Alto Daily Post

This story originally appeared in the print edition of the Daily Post on Nov. 4. If you want to get all of the local news first, pick up the Post in the mornings at 1,000 locations. BY BRADEN CARTWRIGHTDaily Post Staff Writer A representative of former Yahoo CEO Marissa Mayer has submitted plans to the city of Palo Alto to demolish three townhouses and build a swimming pool, but city planners are pushing back on the idea because it would result in the loss of much-needed rental… Source link

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Tech CEOs ‘have a moral responsibility’ to protect people from misinformation: US Surgeon General

The U.S. response to the COVID-19 pandemic has been stunted in part due to the ease and speed with which misinformation spreads via the internet and social media —creating an additional barrier for government officials and experts to ensure the general public remains well-informed. U.S. Surgeon General Dr. Vivek Murthy places the blame on key technology companies — but also believes that everyone in the country can play a role in halting the spread of misinformation. “You don’t have to… Source link

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What top CEOs are saying about it

President Biden’s harder line on COVID-19 vaccinations has corporate America talking about what measures they may have to implement toward employees.  On Thursday, the president ordered new federal vaccine requirements for nearly 100 million people in the U.S. in an effort to control the Delta variant.  “We have been patient. But our patience is wearing thin, and your refusal has cost all of us,” Biden said in a speech at the White House.  The influential Business Roundtable — led by top… Source link

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Amazon, Apple, Microsoft CEOs coming to the White House: What to expect

President Joe Biden is set to have his first high-profile meeting with the heads of some of the world’s biggest tech companies on Wednesday in Washington to discuss improving the nations’ cybersecurity preparedness and supply chain security. Newly minted Amazon (AMZN) CEO Andy Jassy will be among the attendees, people familiar with the matter told Yahoo Finance. Apple (AAPL) CEO Tim Cook and Microsoft (MSFT) CEO Satya Nadella are also on the guest list, Bloomberg reports. The meeting,… Source link

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Cannabis CEOs signal confidence on banking law reform

Marijuana advocates have been stacking victories over the last few years at the state level with nearly 20 U.S. states having now approved adult recreational marijuana use. But even as momentous as those changes have been, reform at the federal level has proved elusive — until now, if you trust the confidence coming from the leaders of America’s largest cannabis companies. This week, Trulieve CEO Kim Rivers and Curaleaf Executive Chair Boris Jordan both wagered on Yahoo Finance Live that the… Source link

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IBM President Whitehurst Exits in CEO’s Shake-Up; Shares Dip

(Bloomberg) — International Business Machines Corp. President Jim Whitehurst is stepping down after three years at the century-old technology company. The shares fell the most in five months. The departure marks one of the first major corporate reshuffles under Chief Executive Officer Arvind Krishna, who took the helm last year and has moved quickly to reshape IBM and return it to growth. Whitehurst, 53, is the former CEO of Red Hat Inc., which IBM announced it was acquiring in 2018 in a $33… Source link

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Meme stock CEOs should just be honest and transparent: former Cisco CEO

John Chambers has pretty much seen, and done it all in corporate America.  Chambers led Cisco for two decades, surviving the dot com crash and going onto build the company into the tech powerhouse it is today through numerous acquisitions and impressive operational skill. Along the way he developed close, lasting relationships with world leaders such as France President Emmanuel Macron.  Since leaving as Cisco’s chairman in December 2017, Chambers has led his own venture capital firm (backed… Source link

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‘Many CEOs felt that 21% was too low’

As the Biden administration pitches its $2 trillion infrastructure proposal and the corporate tax hike that would fund it, Commerce Secretary Gina Raimondo has become the team’s unofficial CEO whisperer. Raimondo, a former Rhode Island governor who previously worked in venture capital, says she’s talked to “dozens and dozens of CEOs” about the proposal to raise the corporate tax rate from 21% to 28%. She says when all is said and done, corporate America might not be as universally… Source link

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