Paramount Skydance’s hiring of Makan Delrahim was the easy part. Now the media giant’s CEO David Ellison is hoping his new super lawyer can entice David Zaslav to sell most if not all of Warner Bros. Discovery. The Post has learned that since taking the job last week, Delrahim — who was the Justice Department’s antitrust chief during the first …
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Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, said his “biggest mistake” during the $8 billion collapse was handing control of the company to new management — a decision he claims cost him a last-minute opportunity to save the firm. Bankman-Fried, once the leader of the $32 billion FTX exchange, is currently serving a …
Read More »Goldman Sachs’s top executive is feeling good about markets, with some important caveats. David Solomon, the bank’s CEO, struck an upbeat tone when speaking about stocks and the US economy at Italian Tech Week on Friday. Despite some risks on his radar, the CEO of the investment bank said he was generally unbothered about the state of markets, even as …
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Ford CEO Jim Farley has been ringing the alarm bell for months about what he sees as a “crisis” in what he calls “the essential economy”: everyday industries that build and fix things. In other words, he thinks the blue-collar backbone of America is being ignored, even with all the hype about artificial intelligence eating up entry-level jobs. (Farley himself …
Read More »Jeff Bezos slams AI “industrial bubble,” while Goldman Sachs’ CEO expects “drawdown” AxiosView Full Coverage on Google News Source link
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The CEO of LinkedIn—one of the world’s largest employment platforms—is warning Gen Z that their situation won’t look any better down the line. Ryan Roslansky has cautioned that instead of chasing candidates with Ivy League degrees, employers will be on the hunt for AI-savvy talent with the adaptability to keep up with the new ways of working. “I think the …
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Ford CEO Jim Farley gathered a host of experts this week to discuss what he calls “the essential economy,” the blue-collar backbone that he sees mired in crisis. AT&T CEO John Stankey and FedEx CEO Raj Subramaniam talked about how AI is impacting manufacturing and how they’re hustling to stay ahead of the curve; Michigan Gov. Gretchen Whitmer issued a …
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This article first appeared on GuruFocus. Oct 3 – USA Rare Earth (NASDAQ:USAR) stock jumped more than 9% in early trading on Friday after CEO Barbara Humpton revealed the company has been in close discussions with President Trump’s administration. The momentum carried into the regular session, where shares gained another 23%, signaling investor optimism around the company’s role in the …
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Elon Musk, the CEO of EV maker Tesla (TSLA), has become the first person to reach a net worth of about $500 billion, thanks to a rebound in Tesla’s stock and the rising valuations of his other companies this year. According to Forbes’ billionaire index, Musk’s wealth stood at $500.1 billion as of 4:15 p.m. ET on Wednesday. Interestingly, Musk …
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McIlroy described the abuse as “unacceptable” and said it should be “off-limits”. Sprague says he plans on apologising to McIlroy and his family. “I haven’t spoken to Rory or Erica [McIlroy] but I do plan on sending them an email with my heartfelt apologies because of what occurred,” he said. McIlroy suffered lengthy abuse before eventually snapping by swearing at …
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