Tag Archives: Executives

As part of a range of actions this week on gas prices, the Biden administration has summoned the heads of seven top oil refining companies to Washington after a week of tense back-and-forth with industry leaders. The CEOs will meet with Energy Secretary Jennifer Granholm after the president blasted their high profits as “not acceptable” in a recent letter to the companies. In one response, Chevron (CVX) pushed back by saying that Washington’s approach was actually the culprit for high… Source link

(Bloomberg) — Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned, and that they won’t renegotiate the agreed-upon price of $54.20 per share. Most Read from Bloomberg Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting that there is “no such thing as a deal being on hold,” according to people who attended the meeting. She was pushing back on… Source link

Goldman Sachs emerged as one of the strongest advocates of a post-pandemic return to the office this year, but the fight for talent could be forcing the investment bank to reverse course and offer employees more time away from their desks instead. In an internal memo seen by the Financial Times, the investment bank said it would offer junior staff a minimum of two extra days off each year. But senior staff will get an even bigger perk—one more commonly associated with Silicon Valley than… Source link

Ukraine’s IT sector boasted some of the highest salaries in the country, long before Russia invaded, with roughly 200-thousand workers providing critical services to tech giants and other major industries around the world. As the country enters its seventh week of the war, some of its top tech executives are making direct appeals to those same international firms to stick with them, even as fears of a brain drain consume the domestic market. “We are showing [the world] that we can continue… Source link

(Bloomberg) — Shares of the shell company taking Donald Trump’s media venture public extended their selloff after a report that a pair of key executives resigned and Elon Musk bought a sizable stake in social-media competitor Twitter Inc. Most Read from Bloomberg Digital World Acquisition Corp., the special-purpose acquisition company merging with Trump Media & Technology Group, fell 10% Monday to extend a losing streak for a seventh-straight day as downloads of the Truth Social app dry up…. Source link

(Reuters) – Uber Technologies Inc said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex, as more western companies distance themselves amid Moscow’s invasion of Ukraine. Uber last year divested its stake in the foodtech and delivery joint venture, which it established with the tech giant in 2018 to combine their ride-sharing businesses in Russia and neighboring countries. The ride-hailing company sold all of its… Source link

Uber to remove executives from Yandex joint venture | WIN 98.5 Your Country | WNWN-FM | Battle Creek, MI … Source link

(Reuters) – Uber Technologies Inc said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex, as more western companies distance themselves amid Moscow’s invasion of Ukraine. Uber last year divested its stake in the foodtech and delivery joint venture, which it established with the tech giant in 2018 to combine their ride-sharing businesses in Russia and neighboring countries. The ride-hailing company sold all of its holdings in the… Source link

Feb 28 (Reuters) – Uber Technologies Inc (UBER.N) said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex (YNDX.O), as more western companies distance themselves amid Moscow’s invasion of Ukraine. Uber last year divested its stake in the foodtech and delivery joint venture, which it established with the tech giant in 2018 to combine their ride-sharing businesses in Russia and neighboring countries. read more The ride-hailing… Source link

WASHINGTON, Feb 11 (Reuters) – The Justice Department wants to depose some of Apple’s (AAPL.O) top executives as it prepares for a trial to determine if Alphabet’s (GOOGL.O) Google broke antitrust law in how it runs its search business, a lawyer representing Apple said on Friday. In its complaint, the Justice Department accused Google of paying billions of dollars each year in exclusionary agreements with Apple, Samsung and others so that they will make Google’s search engine the default on… Source link