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updated Wed. April 18, 2018

MoviePass CEO Mitch Lowe stepped in it last month when he suggested that the subscription service's app tracked customers movements. In an interview with Variety, Lowe clarified that the company only locates its customers in order to direct them to nearby theaters and stressed that the company ...
Apple boss Tim Cook predicted in 2015 that "the future of TV is apps." That future is here, says one of media's biggest CEOs. Launching a TV network is now as easy as building an app. "The great thing now is it's easier to create a TV network, called an app," said Netflix chief executive Reed Hastings, in ...

Alexander Nix, the former CEO of the political consultancy firm at the center of a storm about mishandled Facebook users data, has backed out of re-appearing in front of the UK parliament for a second time. Nix had been scheduled to take questions from the DCMS committee that's probing ...
"He's one of the richest people on earth. He's an adult. He's 30-some years old. He can answer questions if he's the CEO. ... Stop juvenilizing men here in Silicon Valley." That's how Kara Swisher, co-founder and executive editor of the technology news website Recode, reacted to the treatment ...
YouTube CEO Susan Wojcicki announced in a blog post today that YouTube will be launching a pilot program with a small group of users in an attempt to address and ameliorate its creators' continued concerns regarding demonetization and other recent, largely unpopular changes to the ...

Starbucks CEO on arrests at Philadelphia store: 'They didn't deserve that'. by Danielle Wiener-Bronner ... Starbucks CEO Kevin Johnson says his heart sank when he saw the video of two black men being arrested at one of the coffee chain's Philadelphia stores. "They didn't deserve that," he told CNN's ...
Larian, CEO of toymaker MGA Entertainment, told CNNMoney on Tuesday that he wasn't aware of the rejection. "If this is true," he said, "it is very disappointing." "We feel confident that we submitted a fair valuation of the company's US assets," he said, adding that he wants to "keep fighting to save Toys ...
Gold's momentum is likely to continue, due to renewed volatility in the stock markets, said Will Rhind, CEO of GraniteShares. “I think that [stock market volatility] is one of the major catalysts that we've been waiting for in order to see gold prices increase beyond the trading range that we've been stuck in for ...
“There are no words to describe how horrible it was to have an active shooter (at) YouTube today,” YouTube CEO Susan Wojcicki wrote on Twitter. “Our deepest gratitude to law enforcement and first responders for their rapid response. Our hearts go out to all those injured and impacted today. We will come ...
The chief executive officer of the company rolling out Australia's National Broadband Network (NBN) Bill Morrow has announced that he will be stepping down from his role by the end of the year. "I believe that as the company prepares to confront the new challenges ahead, this is the right time to hand over ...
As president and CEO of Old Navy, Sonia Syngal has led the $7 billion, 57,000-employee business to record-breaking growth but she still finds time to read 400 customer comments every morning before she starts her day. “I've really embraced what the brand stands for inside this building and in our 1100 ...
During the meeting, Kushner told Richards that the nonprofit “had made a big mistake by becoming 'political,'” according to the passage reported on by People. “The main issue, he explained, was abortion. If Planned Parenthood wanted to keep our federal funding, we would have to stop providing ...
Century Aluminum CEO Michael Bless thinks despite tariff exemptions, the ultimate objective will be reached — reviving the steel and aluminum industries. He says he expects the exemptions to come with quotas that don't deaden the intended impact of the tariffs. Bless also said he's moving ahead in ...
When asked about the Facebook data scandal, Apple CEO Tim Cook said that Apple has "elected" not to make "a ton" of money by including customer data part of its product. But Facebook CEO Mark Zuckerberg warned consumers not to "let the companies that work hard to charge you more convince you ...

Grab co-founder and CEO Anthony Tan speaks with CNBC just days after his company announced a deal to acquire Uber's Southeast Asia business. ... Uber CEO Dara Khosrowshahi has said that stake is worth "several billion dollars." Yet Tan ... Anthony Tan, co-founder and chief executive officer of Grab.
You can chalk it up to coincidence, but when it comes to the world's most successful people, there seems to be a clear pattern as to what sign of the zodiac claims the most CEOs. UK Domain analyzed birthdates of CEOs from the top 100 companies across the U.S. and the U.K., using FTSE 100 and Fortune ...
Video provided to WJXT News4Jax by an anonymous neighbor shows heavy machinery scooping sand from the beach and moving it in front of the homes of Munoz and three of his neighbors, CEO and president of David Brown, managing director for UBS Financial Chris Aitken and a woman ...
Your letter to CEOs is compelling, full of promise for a better world. But BlackRock's significant relationship through First Quantum to the Pebble Mine is fraught with financial and reputational risk for your investors, inconsistent with the long-term financial, environmental, or social sustainability that is the ...
Commerce Bancshares President and Chief Operating Officer John Kemper will succeed his father as the bank's CEO. Kemper, 40, joined the bank in 2007 and was chosen as COO in 2013. His father, David W. Kemper, 67, has led Commerce since 1988 and started working at the regional bank 10 years ...
Speaking with Mad Money host Jim Cramer, NVIDIA CEO Jensen Huang recently claimed that “cryptocurrency is here to stay,” and he “doesn't see the craze ending anytime soon.” Though it first came to fruition in 2008, bitcoin gained a solid taste of mainstream popularity in 2017 when its price began ...
The MARTA Board of Directors Friday agreed to hire a new CEO to lead the agency into an uncertain future. The board unanimously voted to authorize contract negotiations with Jeffrey Parker, vice president at the infrastructure firm HNTB Corp.'s Atlanta office. It named him the sole finalist for the job two ...
The Minneapolis/St. Paul Business Journal's third-annual Most Admired CEOs Awards showcase the professional accomplishments and community involvement of the Twin Cities top business leaders. Our 2018 honorees represent a wide range of industries, including commercial real estate, technology, ...
"We think this is the first round of those type of negotiated solutions, which will probably be a combination of tariffs and quotas," Barry Zekelman, executive chairman and chief executive officer of Zekelman Industries, told CNBC on Friday. "We do need imports of steel, but we need them responsibly traded in ...
Hubert Joly was appointed CEO of Best Buy in 2012, when the company was faced with an "all-you-can-eat menu of challenges." Joly executed a successful turnaround by slashing prices, growing online sales, and improving customer service. One of Joly's biggest accomplishments was cutting employee turnover, which he ...
Toy company executive Isaac Larian and other investors have pledged a total of $200 million and hope to raise four times that amount in crowdfunding in a bid to save potentially more than half of the 735 Toys 'R' Us stores that will go dark in bankruptcy proceedings. The unsolicited bid faces a number of ...
If you own the product, it's like being the C.E.O. of your own little company. I didn't think that I would be that excited to do that for consumer goods, but I would love to be able to do that for financial products. So I went to Nasdaq. You joined Nasdaq in 1993. What was it like being a woman on Wall Street back ...
International house of brands Tapestry announced Friday it has named Anna Bakst as CEO and president of Kate Spade. Bakst will join the company on Monday, succeeding Craig Leavitt, who departed Kate Spade in 2017 in the wake of an acquisition by Coach, which is now held under Tapestry.
Thanks to all the CEO Daily readers who inquired yesterday about news that Meredith Corporation is exploring a sale of Fortune (as well as TIME, Money and Sports Illustrated.) Your expressions of concern are appreciated. But rest assured, we'll be just fine… thanks in large part to the strong support we ...
Credit Suisse Chief Executive Tidjane Thiam earned 9.7 million Swiss francs ($10.26 million) last year, a 5.3 reduction over his prior-year compensation. The drop related to a decline in Thiam's long-term incentive bonus, which foresees a future share payout linked to hitting targets over the next three years.
Box Chief Executive Aaron Levie says the similarities between his company and Dropbox CEO Drew Houston's mostly end at the surface, though. Box has aimed its service at large companies seeking to allow secure sharing among employees, while Dropbox has chased consumer subscriptions and ...
On the call with me today are Sanjay Mehrotra, President and CEO; and Dave Zinsner, Chief Financial Officer. Today's call will be approximately 60 minutes in length. This call, including audio and slides, is being webcast from our Investor Relations website at In addition, our website ...
The Business Roundtable, an association of chief executive officers that promotes pro-economic and business public policies, criticized President Donald Trump's announcement of tariffs on Chinese products totaling up to $60 billion. The Business Roundtable's members include CEOs of 22 of 30 Dow ...
The CEO behind Bratz dolls and Little Tike toys wants to save Toys "R" Us. Isaac Larian says he and two other unidentified investors are pledging $200 million to try to save about 400 of the remaining 735 US stores that are slated to close. He's started a GoFundMe page to try to raise more, through small ...
The Facebook CEO said there is "ads transparency regulation" that he would "love to see." "If you look at how much regulation there is around advertising on TV and print, it's just not clear why there should be less on the internet. We should have the same level of transparency required," Zuckerberg said.
Matt Kaness, the former CEO of ModCloth who sold the women's fashion retailer to Walmart one year ago, has recently left the mammoth brick-and-mortar retailer, multiple sources have told Recode. Walmart acquired ModCloth in March of last year to help boost the fashion assortment of its subsidiary ...
Isaac Larian, the CEO of the company that makes Bratz dolls, has a plan to save Toys "R" Us. He and other investors have pledged a total of $200 million in financing and hope to raise four times that amount in crowdfunding in order to bid for up to 400 of the Toys "R" Us stores being liquidated in bankruptcy ...
Major Australian insurer QBE will look to continue expanding in North America and Asia, even though it has struggled for success in those regions, Patrick Regan, the company's group CEO, told CNBC. The CEO maintains that, while the company retains good businesses, especially in Australia and Europe ...
[The stream is slated to start at 3 p.m. ET. Please refresh the page if you do not see a player above at that time.] J. P. Morgan Chase CEO Jamie Dimon is scheduled to take the stage later Wednesday at an event sponsored by Axios where he and others will discuss the "future of work." The event is taking ...
“One of the most empowering data points from our research is that 70% of current CEOs, early on in their careers, actually didn't have concrete goals to get to the top,” says Elena Botelho, partner at Chicago-based leadership advisory firm ghSmart and coauthor of The CEO Next Door: The Four Behaviors ...
Twitter and Square CEO Jack Dorsey apparently has big visions for bitcoin, commenting in a recent interview with The Times that he believes that the cryptocurrency will become the world's single currency within 10 years. According to Dorsey, “The world ultimately will have a single currency, the internet ...
Tesla shareholders approved a new and unprecedented compensation package for CEO Elon Musk on Wednesday. The plan could see Musk taking home more than $50 billion over the next decade, though he will only receive a full payout if Tesla hits a market cap of $650 billion. The company's current ...
Recently, many of you in the community have expressed concerns over [INCIDENT]. Some of you don't think that Facebook and the users who rely on our platform should be able to [PRIVACY-RELATED VERB]. Let me say this: We hear you. At its best, Facebook has always been about forging connections ...
An earlier version of this report incorrectly stated the CEO was disappointed with revenue, instead of profit. It has been corrected. General Mills Inc. GIS, -9.59% said Wednesday it had net income of $941 million, or $1.62 a share, in its fiscal third quarter to Feb. 25, up from $357.8 million, or 61 cents a share, ...
(CNN) The top Democrat of the House Foreign Affairs Committee says whistleblowers have come forward to allege a plot to remove the current CEO of the Broadcasting Board of Governors, the agency which controls US-funded media abroad, and push the agency's journalism toward a viewpoint more ...
The new CEO of NetJets Europe said Tuesday that he plans to follow a very clear mantra from ultimate owner Warren Buffett. NetJets offers fractional jet ownership and pay-by-the-hour travel to executives who either cannot afford to or don't see the value in buying a private jet outright. After three years as a ...
Weddings are a project, and they benefit from a good project management tool. We talked to the CEO of Zola, one of Lifehacker readers' favorite wedding sites. Shan-Lyn Ma co-founded Zola after undergoing the stress of buying people wedding gifts; her co-founder Nobu Nakaguchi had gone through the ...
Travis Kalanick, the former CEO of Uber, is wasting no time moving on to his next gig as chief executive. On Tuesday he announced on Twitter that his investment fund 10100 (pronounced Ten One Hundred) was buying controlling interest in a real-estate startup, City Storage Systems, for $150 million. And that's not all: ...


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