Tag Archives: CEO

Starbucks CEO details brand reset plan as turnaround efforts drive sales beat  Reuters Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule  CNBC Starbucks looks to protein drinks and other new products to turn around lagging US sales next year  ABC News Starbucks stock pops, US same-store sales fall less than feared as new CEO Brian Niccol continues …

Sam Altman has claimed the next stage of ChatGPT’s development is so fast and powerful, it’s left him genuinely scared. Altman’s comments come from his appearance on the This Past Weekend with Theo Von podcast, where he also suggested AI conversations should have legal confidentiality. OpenAI CEO Sam Altman: “It feels very fast.” – “While testing GPT5 I got scared” …

By Savyata Mishra (Reuters) -Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset slowing consumer spending in its domestic market. The Seattle-based company’s shares rose 3.6% to $96.33 in extended trading on Tuesday. After several quarters of falling sales, the …

DALLAS – The Dallas Mavericks have hired former Minnesota Timberwolves CEO Ethan Casson to be the team’s new president, the team announced Tuesday. Casson spent nine seasons leading the Timberwolves and Lynx business operations. He previously was the Chief Operating Officer of the San Francisco 49ers. Casson stepped down from his position in Minnesota last month after the Timberwolves and …

Procter & Gamble hikes US prices to blunt tariff hit as CEO transition looms  Reuters Procter & Gamble Says Consumers Are Under Stress  The Wall Street Journal P&G beats on earnings, warns of $1 billion tariff hit  Yahoo Finance P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases  The Hill Cincinnati families with ties to P&G anxiously …

SoFi Stock Rises on Blockbuster Earnings. CEO Says Things Can Only Get Better.  Barron’s Here’s How Much Traders Expect SoFi Stock To Move After Earnings This Week  Yahoo Finance SoFi Jumps On Earnings Beat, Raised Revenue Guidance  Investor’s Business Daily SoFi’s stock soars as earnings bring surging loan growth and a number of records  MarketWatch SoFi Technologies in Charts: Q2 Lending +30%, Financial Services …

Novo Stock (NVO) Tumbles. Ozempic, Wegovy Maker Has New CEO, Cuts U.S. Outlook  Barron’s Novo Nordisk shares plunge 17% after Wegovy-maker cuts full-year guidance  CNBC Novo Promotes Insider to CEO After Weight-Loss Drug Slowdown  Bloomberg Europe shares dented as Novo warning burns $92 bln in market cap  Reuters Ozempic And Wegovy Maker Cuts Outlook In Surprise Move, Picks New CEO  Yahoo Finance Source link

Critics of those who misuse power tend to be outsiders. So, it’s striking that Alexander Karp, co-founder and CEO of data analytics giant Palantir Technologies, has written a book, with Palantir’s head of corporate affairs Nicholas Zamiska, calling on Silicon Valley to find its moral compass. Together, they upbraid fellow big tech companies for “building [things] simply because they can, …

Procter & Gamble is elevating an operations veteran with global experience to lead the consumer goods behemoth as it navigates an ambitious workforce restructuring, tariffs, and geopolitical headwinds. The leadership shuffle comes a month after P&G announced it would cut 7,000 jobs, equivalent to about 15% of its non-manufacturing workforce.  Chief operating officer Shailesh Jejurikar, 58, will officially take the …

Jon R. Moeller Source: Procter & Gamble Procter & Gamble CEO Jon Moeller is stepping away from the top job after four years in the role, and the consumer goods giant said he would be succeeded by Chief Operating Officer Shailesh Jejurikar. Moeller will become executive chairman and “provide advice and counsel to the CEO on company matters,” P&G said …