MONTREAL—Airbus is seeing mounting pressure on the aerospace supply chain and managing the problem is key to the industry’s recovery, the head of the European planemaker said on Tuesday. “We really see that the supply chain is in a much more difficult spot than it was before,” Chief Executive Guillaume Faury told the Conference of…
Yahoo Names Tinder Top Boss as CEO
Yahoo on Friday named dating app Tinder’s boss Jim Lanzone as its chief executive officer, just days after Apollo Global Management Inc. completed its purchase of the online media company from Verizon Communications Inc. Apollo on Sept. 1 closed its $5 billion acquisition of Verizon Media and renamed it Yahoo after Verizon’s iconic digital brand….
FedEx Faces Labor Union Challenge Over Billionaire CEO’s Pay
FedEx Corp shareholders should reject founder and CEO Fred Smith’s $54 million pay package because the logistics company gave him stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic, only to reinstate it later, the Teamsters labor union said on Friday. Smith, whose net worth is pegged by Forbes at…
AstraZeneca, Still Unsure of Need for COVID-19 Booster
This story originally appeared on ValueWalk Pascal Soriot, CEO of AstraZeneca plc, said the company still doesn’t know if a third dose of its COVID-19 vaccine will be necessary to maintain protection against the virus. Time Will Tell Soriot told CNBC: “There are two dimensions to this immunity—antibodies [which] decline over time, but the second,…
How to Recruit and Evaluate Talent for Your Early-Stage Startup
Article by Snehal Kundalkar Securing great hires is one of a CEO’s top priorities, and for early-stage startups, the odds can be stacked against you. I came across a comprehensive guide to startup hiring 101 written by Steve Bartel, the co-founder and CEO of Gem. If you haven’t already, I highly recommend reading it. He…
Microsoft Names CEO Satya Nadella as Chairman
June 17, 2021
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Microsoft on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson. Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications, and ZeniMax. The company said Thompson, who took over as chairman…
‘People Want to Fly Again’: Airbus CEO Expects Business Travel to Recover
VIENNA—Airbus Chief Executive Guillaume Faury expects business air travel eventually to return to close to pre-pandemic levels and airlines are devoting the same space to business class seats as before, he said in an interview published on Sunday. Air travel remains in crisis despite accelerating vaccine rollouts in developed countries. With video calls having replaced…
117 Healthcare Workers File Lawsuit Against Hospital for Requiring COVID-19 Vaccine
More than 100 employees at Houston Methodist hospital filed a lawsuit against their employer for requiring all staff members to receive the COVID-19 vaccine or they would lose their jobs. Saying the COVID-19 vaccines are experimental and they don’t want to be “guinea pigs,” the 117 employees argued in court that it’s unlawful for their employers…
117 Employees File Lawsuit Against Texas Hospital for Requiring COVID-19 Vaccine
More than 100 employees at Houston Methodist hospital filed a lawsuit against their employer for requiring all staff members to receive the COVID-19 vaccine or they would lose their jobs. Saying the COVID-19 vaccines are experimental and they don’t want to be “guinea pigs,” the 117 employees argued in court that it’s unlawful for their employers…
Third COVID-19 Vaccine Dose ‘Likely’ Needed After 6 Months to 1 Year: Pfizer CEO
The CEO of pharmaceutical giant Pfizer said that a third COVID-19 vaccine is “likely” within one year of receiving the second one. “A likely scenario is that there will be likely a need for a third dose, somewhere between six and 12 months and then from there, there will be an annual revaccination, but all…
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