CEO of parent company of Coach and Kate Spade resigns
The parent company of the Kate Spade, Stuart Weitzman and Coach fashion brands says its chairman and CEO has resigned from the company and board for personal reasons, effective immediately…
National bills coming due, with risk; consumers see it, too
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the…
Airbnb CEO says company is banning “party houses”
Airbnb Inc. says it’s banning “party houses” in the wake of a deadly shooting at an Airbnb rental in California. In a series of tweets Saturday, Airbnb co-founder and CEO…
CEO: Boeing made mistake in handling warning-system problem
The chief executive of Boeing said the company made a “mistake” in handling a problematic cockpit warning system in its 737 Max jets before two crashes killed 346 people, and…
Musk out as Tesla chair, remains CEO in $40M SEC settlement
Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors…
’60 Minutes’ chief Fager out at CBS
CBS “60 Minutes” executive producer Jeff Fager says he’s leaving the company, after being named in recent stories that accused him of fostering an abusive workplace. CBS News President David…
Intel CEO out after consensual relationship with employee
Intel CEO Brian Krzanich resigned after the company learned of what it called a past, consensual relationship with an employee. Intel said Thursday that the relationship was in violation of…
Macron talks to Trump, says tariffs illegal and a mistake
French President Emmanuel Macron has told U.S. President Donald Trump that the new U.S. tariffs on European, Mexican and Canadian goods are illegal and a “mistake.” Macron’s office said in…