Amazon employees slam CEO Andy Jassy’s return-to-office mandate
Amazon is forcing employees to come into the office five days a week, but they're not happy about it. Employees aired their frustrations on Slack after Andy Jassy, who took over as CEO in 2021, said in a memo on Monday that employees should return fully to the office by January. The mandate to return […]
OceanGate CEO crashed submersible into shipwreck in 2016, threw controller at crew: ex-employee
David Lockridge, Ocean Gate's former director of operations who indicated the experimental submersible Titan was unsafe before its final, fatal voyage, spoke to U.S. Coast Guard investigators on Tuesday about an earlier mission that ended disastrously when it collided with CEO Stockton Rush. Lockridge, who was responsible for the safety of the entire crew and […]
Wall Street CEO Peter Orszag downplays worries about junior bankers’ long hours
Wall Street's top chief executive has rejected concerns that young bankers are suffering from burnout, arguing that junior staff should be able to tolerate long hours in “interesting” work. Lazard CEO Peter Orszag appeared to downplay criticism that newcomers to the banking industry are overworked, even as JPMorgan is limiting the hours of junior team […]
Coinbase CEO Fires Back At Justin Sun’s Allegations On cbBTC Transparency – CoinGape
Coinbase CEO Brian Armstrong responded to Tron founder Justin Sun's recent criticism of the exchange's Bitcoin wrapped product, cbBTC, after Sun took to social media platform X to voice his concerns about the new product, which launched just two days ago on the Base network. Coinbase CEO denies all allegations In a sharp response, Armstrong […]
Faraday Future Gives CEO and Founder Raises and Bonuses After Delivering Just *13* Cars
Struggling electric-vehicle startup Faraday Future has announced big salary and bonus increases for its CEO and founders, despite the company's poor performance and ongoing financial woes after shipping just 13 electric vehicles in the past decade. TechCrunch Reports Faraday Future has decided to give big raises and bonuses to its top executives despite facing severe […]
Steel Giant May Have To Bail On $500 Million Biden-Harris Admin Green Grant, CEO Says
The Biden-Harris administration awarded the major steelmaker $500 million in environmental protections in March, but the company may be forced to give up the money, its CEO told Politico. Department of Energy (DOE) Announced In March, it was announced that Cleveland-Cliffs had been selected to receive $500 million in funding to help make “green” low-carbon […]
Kamala Harris still touts Goldman Sachs review of her economic plan that firm’s CEO dismissed
WILKES-BARRE, Pa. — Vice President Kamala Harris on Friday hyped up Goldman Sachs' review of her economic plan after the firm's CEO noted the report showed VP Harris' policies would have a minimal impact on the economy. “Independent economists like Goldman Sachs say my plan will grow the economy and [former President Donald Trump’s] “This […]
Goldman Sachs CEO David Solomon says Harris better for economy by only ‘two-tenths of 1%’
Kamala Harris exaggerated the truth about the merits of her economic policies during her heated debate with Donald Trump, according to one Wall Street titan. Goldman Sachs CEO David Solomon, who argued in a showdown on Tuesday that he had overstated the investment bank's analysis of his plan, criticized the vice president for overstating the […]
Goldman Sachs CEO corrects Kamala Harris on exaggerated claim about her economic plan
Democratic presidential candidate Kamala Harris claimed that a Goldman Sachs analysis showed her economic plan was better than President Trump's, but the bank's CEO has corrected that hyperbolic claim. Harris repeated that argument during a debate with former President Donald Trump on Tuesday, as she sought to gain public confidence in the economy. “I guess […]
CEO of JPMorgan warns US of economic fate worse than recession: ‘The worst outcome’
The possibility of stagflation remains a possibility, as August inflation came in below expectations. The CEO of JPMorgan Chase has revealed a “dangerous outcome” for the future of the US economy that goes beyond a recession. “The worst outcome is stagflation,” Dimon said. “And I wouldn't rule stagflation out, by the way.” Jamie Dimon, 68, […]