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| February 22, 2019

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CEOs Archives -

Tabloid CEO’s lawyer denies National Enquirer tried to extort Amazon’s Jeff Bezos

February 10, 2019 |

The National Enquirer committed neither extortion nor blackmail by threatening to publish intimate photos of Amazon CEO Jeff Bezos, an attorney for the head of the tabloid’s parent company said Sunday.

Elkan Abromowitz, an attorney for American Media Inc. Chief Executive David Pecker, said on Sunday…


L.A. Times – Business

IMF and CEOs say the global economy is slowing faster than expected

January 21, 2019 |

The International Monetary Fund and corporate executives warned Monday that the global economy was slowing faster than expected, establishing a downbeat tone for this week’s annual meeting of the World Economic Forum.

Hours after the IMF cut its forecasts for the world economy this year and next,…


L.A. Times – Business

Tears, Cheers Follow CEO’s Surprise Reveal

December 18, 2018 |

Working in craft and floral foam may not sound like the most glamorous of jobs, but employees Michigan’s FloraCraft are pretty happy with theirs right now. The company announced almost $ 4 million in bonuses for some 200 full-time employees, who will each receive an average of $ 20,000 in cash…
Newser

Top Tech CEOs Bicker Over Chronic Homelessness

October 13, 2018 |

Two of the world’s top tech CEOs are sniping about who’s helping to ease homelessness in San Francisco—a city where extreme wealth glitters alongside roughly 7,500 living on the streets, the Guardian reports. At issue is a proposed tax on wealthy city businesses that Twitter CEO Jack Dorsey…
Newser

Fewer companies are forcing CEOs to retire when they hit their golden years

September 28, 2018 |

At Merck, the retirement age isn’t what it used to be — for the CEO, at least.

On Wednesday, the pharmaceutical giant said it was rescinding its policy requiring its chief executive to retire at the age of 65, announcing that its chairman and chief executive, Kenneth Frazier, had agreed to stay…


L.A. Times – Business

Pay Gap Between CEOs, Workers Just Jumped

August 16, 2018 |

For every dollar made by the average Facebook employee, Mark Zuckerberg earned $ 37 in 2017. As far as CEO pay goes, that’s nothing. The CEOs of America’s top 350 publicly held companies earned an average of $ 18.9 million in wages, bonuses, and stock options last year, or 312 times…
Newser

French Executive at Toyota Makes Nearly Triple Japanese CEO’s Pay

June 26, 2018 |

Toyota Motor’s highest-paid executive got a pay increase of millions of dollars, and he now makes nearly three times as much as his boss.
WSJ.com: What’s News Asia

China’s Xi Tells CEOs He’ll Strike Back at U.S.

June 26, 2018 |

Chinese President Xi Jinping is responding to the Trump administration’s trade-clash escalations with a bare-knuckle approach that makes a bruising fight more likely.
WSJ.com: What’s News Asia

Tech CEOs voice opposition to family separations at the border

June 20, 2018 |

Tech heavyweights from Apple Inc. Chief Executive Tim Cook to Facebook Inc. boss Mark Zuckerberg joined a chorus of Americans denouncing the Trump administration’s policy of separating children in the U.S. illegally from their families at the border. But it’s unclear whether the industry has any…


L.A. Times – Business