The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would begin a process to review and monetize assets for stakeholders. Source link Source link
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Business Turmoil at self-driving trucking company comes as FBI, SEC probe TuSimple’s ties to Chinese startup Source link Source link
Read MoreTech Facebook, Twitter and other firms are slashing jobs, and their leaders’ mea culpas are abundant Source link Source link
Read MoreIn response to a fresh wave of executive departures, the FTC said it was tracking recent developments at the social-media company. Source link Source link
Read MoreTech The disruption won’t impact Foxconn in the long run, CEO says, as it expands beyond China Source link Source link
Read MoreOzan Dokmecioglu, who took the helm of the beverage maker at the end of July, is stepping down as president, chief executive and a board member over violations of the company’s code of conduct. Source link Source link
Read MoreThe veteran pharmaceutical executive takes charge of after the failed launch of Biogen’s once-promising Alzheimer’s disease drug Aduhelm. Source link Source link
Read MoreDeborah Thomas has been at Hasbro for 24 years. Photo: Hasbro Inc. Updated Nov. 9, 2022 7:06 pm ET Hasbro Inc. Chief Financial Officer Deborah Thomas plans to retire as soon as a successor is found, a move that comes as the toy and entertainment company looks to further build out its digital-media business. Ms. […]
Read MoreBusiness Ernesta, which Foley started with two Peloton co-founders, will sell direct-to-consumer rugs cut to fit a shopper’s room Source link Source link
Read MoreWSJ News Exclusive Tech Layoffs are to begin Wednesday morning, CEO Zuckerberg told hundreds of executives on Tuesday Source link Source link
Read MoreCEO Michelle Gass has been under attack from activist investors for sales declines and a steep drop in the department-store chain’s stock. She will become president of Levi and, eventually, the jeans giant’s CEO. Source link Source link
Read MoreJon Cohen takes over the telehealth startup that has struggled with losses after going public last year. Source link Source link
Read MoreBusiness New boss at sportswear giant comes to Adidas after successful run at crosstown rival Puma Source link Source link
Read MoreWSJ News Exclusive Media & Marketing The publisher of Time magazine has been expanding its operations as it seeks to diversity from its print business Source link Source link
Read MoreBusiness John R. Tyson, great-grandson of firm’s founder, arrested over the weekend, local law-enforcement officials say Source link Source link
Read MoreIn his first week at Twitter, the billionaire fired top leaders, conducted sweeping layoffs and hinted that other changes could be on the way. Source link Source link
Read MoreThe two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new shareholders. Source link Source link
Read MoreBusiness Earnings Utility company also reports higher third-quarter profit Source link Source link
Read MoreThe company estimates sales for the current quarter could be roughly 37% lower than a year ago, even as CEO Barry McCarthy says the turnaround is ahead of schedule. Source link Source link
Read MoreBig advertisers ‘aren’t spending with anyone,’ CEO Anthony Wood tells investors. Source link Source link
Read MoreAlmost every day, someone who is quietly hunting for a key hire calls Diane Hessan to ask the same question: Whom do you recommend? Ms. Hessan, a former consulting group CEO who sits on the boards of Panera Bread, Eastern Bank and Tufts University, is one of the best-connected business figures in Boston—and something like […]
Read MoreBusiness Media & Marketing Disney, NBCU and Sony are among the companies still negotiating licensing with the streaming service Source link Source link
Read MoreThe company expects to generate about $100 billion in annual sales by 2025 or the next year, a level it hasn’t reported since 2018. Source link Source link
Read MoreChief Executive Lachlan Murdoch declined to discuss specifics of a possible deal with News Corp, as he cited the importance of scale. Source link Source link
Read MoreThe board that oversaw Twitter during its sale to Elon Musk has been dissolved, with the Tesla chief now serving as the social-media company’s sole director. Source link Source link
Read MoreJohn Foley, the former CEO of Peloton Interactive Inc., PTON 2.56% nearly doubled the amount of shares that he has pledged to cover personal loans taken out against his stake in the fitness-equipment maker. Mr. Foley pledged as collateral more than 6.7 million Class A and Class B shares, or 41% of his 16.4 million […]
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