1. 73-96 of 1093 « 1 2 3 4 5 6 7 ... 44 45 46 »
    1. Buffalo Wild Wings was Sucked into a Downward Spiral as Millennials Ditched the Chain — but the new CEO has a Plan for a Comeback

      Buffalo Wild Wings was Sucked into a Downward Spiral as Millennials Ditched the Chain — but the new CEO has a Plan for a Comeback
      • Arby's parent company Roark Capital Group completed its $2.9 billion acquisition of struggling Buffalo Wild Wings on Monday.
      • Paul Brown, who led Arby's turnaround, will be CEO of the newly formed operating company that will oversee both Buffalo Wild Wings and Arby's.
      • Brown told Business Insider that the major changes on Buffalo Wild Wings' horizon include new menu and marketing strategies.
      • The biggest problem Brown says he has to solve: Buffalo Wild Wings lost what made it unique...
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    2. How 2 Powerful Women Beat Gender Pay Gaps to Become the President of Salesforce and the CEO of Deloitte Consulting

      How 2 Powerful Women Beat Gender Pay Gaps to Become the President of Salesforce and the CEO of Deloitte Consulting
      • In January, Business Insider's US editor-in-chief, Alyson Shontell, hosted a discussion with two top executives at the World Economic Forum in Davos, Switzerland.
      • Cindy Robbins, the president and chief people officer at Salesforce, helped spearhead the program known as Women's Surge at the company.
      • Janet Foutty, the chairman and CEO of Deloitte Consulting, has risen to the top and seen firsthand the challenges women face on the way...
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    3. Lululemon Needs a New CEO, and Analysts say There's a Clear Frontrunner for the Job

      Lululemon Needs a New CEO, and Analysts say There's a Clear Frontrunner for the Job
      • Lululemon's CEO abruptly resigned Monday. The company released a statement suggesting he had engaged in poor conduct.
      • It is now searching for a replacement CEO but will be run by three members of senior management during the interim period.
      • Analysts say industry veteran Stefan Larsson is the frontrunner for the job...
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    4. The Chairman of Samsung has been Named as a Suspect in a $7.5 Million Tax Evasion Case

      The Chairman of Samsung has been Named as a Suspect in a $7.5 Million Tax Evasion Case
      • South Korean police have identified Samsung Chairman Lee Kun Hee as a potential suspect in a tax evasion case.
      • The evasion is worth 8.2 billion won ($7.5 million/£5.4 million), and it involves the use of employees' bank accounts.
      • The police also said that the money was found in the course of their probe into alleged improper payments for the renovation of Lee's family residence...
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      Mentions: Samsung Bank Chairman
    5. Kaz Hirai is Stepping Down as CEO of Sony

      Kaz Hirai is Stepping Down as CEO of Sony

      Sony CEO Kazuo "Kaz" Hirai will step down from the role at the end of the fiscal year in March.

      • He will be replaced by the current CFO, Kenichiro Yoshida, who worked with Hirai over the past six years on the unifying "One Sony" strategy.
      • The company will report its Q3 earnings on Friday, where it expects yet another successful quarter, and might give more guidance on the longer-term strategy under Yoshida...
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      Mentions: CEO CFO Sony
    6. One of Sears' Biggest Defenders Just Revealed why he Abruptly Cut Ties with the Company

      One of Sears' Biggest Defenders Just Revealed why he Abruptly Cut Ties with the Company
      • Bruce Berkowitz, a former Sears director and one of its biggest defenders, says the company's losses "wrecked" his hedge fund's performance.
      • "Sears realized billions of dollars from asset sales, as we predicted, but I did not foresee the operating losses that have significantly reduced values," he wrote in a letter to investors.
      • The letter marks the first time Berkowitz has spoken out about Sears since quietly leaving its board in October...
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    7. Fujifilm Takes Over Xerox with a $6.1 Billion Deal, Forms a Joint Venture

      Fujifilm Takes Over Xerox with a $6.1 Billion Deal, Forms a Joint Venture
      • Japan's Fujifilm is set to take over Xerox in a $6.1 billion, creating a joint venture.
      • Fujifilm will use bank debt to buy a 50.1% stake in new Xerox shares.
      • The combined company will keep the Fuji Xerox name and become a subsidiary of Fujifilm.

      (Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing...

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    8. Amazon, Berkshire Hathaway, and JPMorgan are Teaming up on Healthcare

      Amazon, Berkshire Hathaway, and JPMorgan are Teaming up on Healthcare

      Amazon, Berkshire Hathaway, and JPMorgan Chase & Co. are teaming up on ways to address healthcare for their US-based employees. The companies will aim to improve employee satisfaction while reducing costs, according to a joint press release.

      Americans spent an average of $714, or 1.6% of their take-home pay on out-of-pocket healthcare spending in 2016, according to a report from JPMorgan Chase. That's up 3.6% versus a year ago and up 13.5% from 2013...

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    9. Blackstone Reportedly in Talks to Buy Majority Stake in Key Thomson Reuters Unit

      Blackstone Reportedly in Talks to Buy Majority Stake in Key Thomson Reuters Unit
      • Blackstone Group is reportedly in talks to buy around a 55% stake in the Financial and Risk business of Thomson Reuters for more than $17 billion.
      • If the deal is approved, it would represent the biggest shake-up of Thomson Reuters since it was formed a decade ago.
      • Sources cautioned that a deal had not been finalized and could still fall apart...
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    10. Benchmark Has Dropped its Lawsuit Against Travis Kalanick and Can Never Sue Him Over this Issue Again

      Benchmark Has Dropped its Lawsuit Against Travis Kalanick and Can Never Sue Him Over this Issue Again

      Benchmark officially dropped its lawsuit against Travis Kalanick on Thursday.

      • Dropping this suit was part of the deal that sold 15% of Uber to SoftBank.
      • The suit was dropped "with prejudice" meaning that Benchmark can never decide to sue Kalanick over this issue again.
      • It's a relatively happy ending between the two estranged Uber board members...
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      Mentions: CEO Uber SoftBank
    11. Meg Whitman is the New CEO of NewTV, The Mobile-First TV Startup Created by DreamWorks Cofounder Jeffrey Katzenberg

      Meg Whitman is the New CEO of NewTV, The Mobile-First TV Startup Created by DreamWorks Cofounder Jeffrey Katzenberg
      • Silicon Valley mogul Meg Whitman has been appointed CEO of NewTV, a new mobile content venture from DreamWorks cofounder Jeffrey Katzenberg.
      • The venture will focus on short-form premium content for mobile consumption.

      Meg Whitman has been appointed CEO of a new venture backed by Jeffrey Katzenberg that aims to revolutionize entertainment with short-form premium content customized for mobile consumption.

      Read Full Article
      Mentions: CEO CFO Uber
    12. 'Why would I ever go to work for Bill Ackman?': Panera's ex-CEO shuts down rumors that he's taking over Chipotle as the struggling burrito chain searches for a savior (CMG)

      'Why would I ever go to work for Bill Ackman?': Panera's ex-CEO shuts down rumors that he's taking over Chipotle as the struggling burrito chain searches for a savior (CMG)
      • Rumors have been flying about Panera's former CEO Ron Shaich as Chipotle searches for a new top executive.
      • But Shaich tells Business Insider he has no interest in the gig, which would force him to step away from his role as Panera's chairman to lead a struggling public company.
      • Shaich is a vocal critic of what he sees as Wall Street's obsession with short-term growth, which he says contributed to the decision to take Panera private in 2017...
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    13. Tesla says Elon Musk Will Only Get Paid When the Company Performs Well

      Tesla says Elon Musk Will Only Get Paid When the Company Performs Well

      (Reuters) - Tesla Inc said on Tuesday Chief Executive Elon Musk will receive no guaranteed compensation of any kind, and that he will be paid only if the company and all of its shareholders do extraordinarily well.

      The compensation will be based on a combination of market capitalization and operational milestones, the electric carmaker said in a statement...

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    14. Celgene is Buying Cancer Drugmaker Juno Therapeutics for $9 Billion

      Celgene is Buying Cancer Drugmaker Juno Therapeutics for $9 Billion
      • Celgene is acquiring Juno Therapeutics, a company developing personalized cancer treatments in a deal worth $9 billion.
      • It's the second deal in 2018 for the biotech giant, which has been under pressure from investors.
      • The highly personalized treatments Juno makes, called CAR T-cell therapy, are at the beginning of what some are calling "a big new field of medicine...
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    15. Larry Fink, CEO of $6.3 Trillion Manager BlackRock, Just Sent a Warning Letter to CEOs Everywhere

      Larry Fink, CEO of $6.3 Trillion Manager BlackRock, Just Sent a Warning Letter to CEOs Everywhere
      • BlackRock CEO Larry Fink on Tuesday sent a letter to CEOs of public companies outlining his expectation that they start accounting for their effect on society.
      • BlackRock, a $6.3 trillion asset manager, is doubling the size of its investor-stewardship program, which aims to engage with companies rather than rely on proxy voting.
      • "Society is demanding that companies, both public and private, serve a social purpose," Fink wrote...
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    16. Former Uber CEO Travis Kalanick Just Became an Actual Billionaire with $1.4 Billion in Cash, and he Plans to Start Giving it Away

      Former Uber CEO Travis Kalanick Just Became an Actual Billionaire with $1.4 Billion in Cash, and he Plans to Start Giving it Away
      • It's been a good day for the former Uber CEO Travis Kalanick.
      • A deal with perhaps the most powerful investor in tech, one that had been in the works for months, closed on Thursday.
      • That deal dropped a cool $1.4 billion in cash into Kalanick's pocket and will soon end a contentious lawsuit with his biggest investor, Benchmark.
      • Kalanick's first order of business is setting up a charitable foundation and donating a big chunk of his money to it, Business Insider has learned...
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      Mentions: CEO Uber SoftBank
    17. An Early Stage Startup Investor Made its Term Sheet Public to Increase Transparency in Tech Investment

      An Early Stage Startup Investor Made its Term Sheet Public to Increase Transparency in Tech Investment

      Forward Partners

      • British venture capital firm Forward Partners has published a detailed pre-seed term sheet.
      • The public term sheet means founders can learn what to expect from a funding deal.

      Early stage startup investor Forward Partners has published its pre-seed term sheet, giving entrepreneurs a detailed look at what they can expect from a funding deal.

      You can see the term sheet below...

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      Mentions: Investment IPO UK
    18. Apple Didn't Know That Activist Investors Wanted it it Take on Child Safety

      Apple Didn't Know That Activist Investors Wanted it it Take on Child Safety
      • Apple didn't know that two of its biggest investors, Jana Partners and the California State Teachers’ Retirement System, wanted it to take a bigger role in children safety.
      • Apple was given a heads-up call shortly before the investors publicly released a letter calling for changes, but the letter wasn't the result of previous talks or suggestions made privately to Apple...
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    19. Disney's Video Streaming Plans Mean Twitter's Jack Dorsey and Facebook's Sheryl Sandberg Have to Leave its Board

      Disney's Video Streaming Plans Mean Twitter's Jack Dorsey and Facebook's Sheryl Sandberg Have to Leave its Board

      The CEO of Twitter and COO of Facebook are leaving Disney's board due to conflicts of interest, as Disney gears up to launch a digital streaming service to rival Netflix.

      On Friday, the entertainment giant announced that chief operating officer Sheryl Sandberg and chief exec Jack Dorsey will not not be seeking re-election to its board...

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      Mentions: CEO Starbucks Twitter
    20. Walmart is Giving its Workers a Huge Pay Raise and a Cash Bonus of up to $1,000

      Walmart is Giving its Workers a Huge Pay Raise and a Cash Bonus of up to $1,000

      Walmart is raising hourly pay from $9 to $11 as a result of recent tax law changes.

      • It's also offering employees a one-time cash bonus of up to $1,000, expanded maternity and parental leave benefits, and assistance with adoption expenses.
      • The changes will impact more than one million Walmart employees in the US.

      Walmart is raising starting wages for hourly employees to $11 and offering a one-time cash bonus of up to $1,000, the company said Thursday...

      Read Full Article
      Mentions: CEO Walmart Pay Raise
    21. The first female big pharma CEO had the perfect response to a question about women in leadership

      The first female big pharma CEO had the perfect response to a question about women in leadership

      GlaxoSmithKline CEO Emma Walmsley made history in 2017, when she became the first woman to head up a major pharmaceutical company. 

      In her first company presentation at an industry conference as the CEO of GSK, Walmsley was asked about female leadership in the pharmaceutical industry. She responded not by talking about gender, but by running through how she thinks about her responsibilities as CEO. 

       

      Read Full Article
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