Subway CEO John Chidsey to exit chain at the end of the year
Subway announced Tuesday that Chief Executive Officer John Chidsey will step down at the end of the year, in the major fast food chain's latest executive shake-up, according to reports. Chissey took the helm of the largest sub shop chain in 2019. During his tenure, he drove promotions and deals, and was instrumental in the […]
Ex-Google CEO Eric Schmidt warns AI chatbots pose a risk to young men
Former Google CEO Eric Schmidt warns that artificially intelligent chatbots could increase feelings of loneliness among young men who prefer AI-powered “perfect girlfriends” did. Schmidt, who became Google's president in 2001 and retired in 2011, spoke about the dangers of young men interacting with “AI girlfriends” who are perfect in every way. “That kind of […]
Subway CEO retiring at end of year
Subway North America President Doug Fry gives an update on the $3 Footlong Dipper on “Claman Countdown.” Sandwich chain Subway announced Tuesday that Chief Executive Officer John Chidsey will retire at the end of the year. “It's been an honor to lead Subway during a period of exciting change, and I'm so proud of what […]
Kohl’s shares tank 20% as CEO abruptly exits amid weak outlook
Shares in Kohl's plunged more than 20% as the company reported plummeting sales and its chief executive abruptly resigned just days before the start of the crucial Black Friday holiday season. The Menomonee Falls, Wis.-based department store chain reported Tuesday that same-store sales fell 9.3%, marking the 11th consecutive decline in same-store sales for the […]
Axios CEO rages against Musk’s ‘bulls—‘ claims that X users ‘are the media now’
Axios CEO Jim VandeHei and X owner Elon Musk had a heated exchange over who defines “media” in the wake of the election. In the early morning hours of November 6, when Donald Trump was declared the next president, Musk I wrote “You're the media now,” he has repeated to his X number of followers […]
Disney CEO Bob Iger sold $42.7 million worth of company stock
Disney CEO Bob Iger sold $42 million worth of company stock last week as the Mouse House prepared for a lengthy process to find a successor. Mr. Iger, in his second year as chief executive after firing hand-picked protégé Bob Chapek, sold 372,412 shares of Disney stock on Friday. According to a filing with the […]
Axios CEO gets severely triggered over Elon Musk giving a platform to citizen journalists
Jim VandeHei, co-founder and CEO of Axios, said Elon Musk encouraged social media users to engage in citizen journalism on X at a time when trust in mainstream media is at an all-time low. I was furious that I had encouraged him. Speaking at the National Press Club last week, VandeHei complained that “everything” journalists […]
Apple CEO Tim Cook Attends China Summit amid Supply Chain Woes
Apple CEO Tim Cook participated in a meeting with Chinese Premier Li Qiang and executives from global companies to discuss trade and supply chain issues amid economic instability in the communist country. bloomberg report On Monday, Apple CEO Tim Cook announced that he participated in a high-level summit with Chinese Premier Li Qiang and more […]
TikTok CEO Shou Chew asks Elon Musk for information on Trump presidency: WSJ
TikTok CEO Hsu Chu is reportedly seeking advice from Elon Musk regarding President-elect Trump's upcoming second term. Musk endorsed Trump last summer and has maintained a close relationship with the president-elect ever since, staying at Mar-a-Lago after the election and meeting with leaders including Ukrainian President Volodymyr Zelenskiy. I accompanied him to the telephone conversation. […]
TikTok CEO reaching out to Elon Musk for information on Trump presidency: WSJ
Republican National Press Secretary Elizabeth Pipko appeared on Fox Business's “Varney & Company” to weigh in on censorship concerns surrounding the TikTok ban. TikTok CEO Hsu Chu is reportedly seeking advice from Elon Musk regarding President-elect Trump's upcoming second term. Musk endorsed Trump last summer and has remained close with the president-elect ever since, staying […]