House Republicans call on CrowdStrike CEO to testify about global outage
House Republicans are calling on CrowdStrike’s CEO to testify at a congressional hearing on the global technology outage that affected flights and businesses around the world on Friday. Rep. Mark Green (R-Tenn.) and Rep. Andrew Garbarino (R-N.Y.) I sent a letter On Monday, it called on CrowdStrike CEO George Kurtz to appear before the committee […]
Senators seek subpoena for Steward Health CEO
close Thank you for signing up! Click here to subscribe to our newsletter Get the latest politics and policy news delivered straight to your inbox: Sign up for our Healthcare newsletter subscribe if ( window.checkSizeClasses && window.checkSizeClasses instance function) { window.checkSizeClasses(); health care Full text Department of Justice says largest company providing housing to […]
‘Bad*ss:’ Meta CEO Mark Zuckerberg Praises ‘Inspiring’ Donald Trump for His Resilience
Meta CEO Mark Zuckerberg made headlines recently for his comments about former President Donald Trump, calling him an “incredible guy” and praising his resilience, while also commenting on the role of political content on Facebook in the upcoming election. Bloomberg Reports In a recent interview, Meta (formerly Facebook) CEO Mark Zuckerberg shared his thoughts on […]
CrowdStrike CEO 'deeply sorry' after massive IT outage
The CEO of cybersecurity firm CrowdStrike said Friday that the company is “deeply sorry” following a global internet outage that hit airlines and businesses around the world. “First of all, we’re very sorry for the impact this has had on our customers, on our travelers and on everyone who’s been affected by this, including our […]
CrowdStrike CEO apologizes for faulty software update that apparently caused global economic mayhem
The leader of one of the world’s largest cybersecurity companies has apologized after a faulty software update halted the airline industry and much of the online shopping around the world. Just before 6 a.m. Friday, George Kurtz, CEO of Texas-based cybersecurity giant CrowdStrike, Social media Microsoft acknowledges that “a flaw found in a single content […]
CrowdStrike CEO George Kurtz speaks out after failed tech update causes worldwide chaos at airports and banks
The CEO of the cybersecurity company at the centre of Microsoft’s global outage was at a loss for words as he apologised for the chaos caused early on Friday but could not say when everything would return to normal. CrowdStrike CEO George Kurtz spoke of a massive tech outage after the company deployed a faulty […]
First Horizon CEO talks regional bank competition after earnings miss – CNBC
After First Horizon reported weaker-than-expected profits on Wednesday morning, the regional bank’s CEO, Brian Jordan, told CNBC’s Jim Cramer that tough competition in the industry could continue through the rest of the year. “Competition is increasing. Money market and CD deposit rates are becoming very competitive,” Jordan said. “We’re seeing a lot of special rates […]
HSBC names new Mandarin-speaking CEO as bank prepares for US-China tensions | HSBC
HSBC has appointed financial chief Georges ElHedery as its new chief executive, handing the reins to a global banking veteran as the bank braces for renewed tensions between the United States and China. El Hedery, who takes up the role in September, will succeed Noel Quinn, who suddenly announced in April that he was stepping […]
HSBC appoints Georges Elhedery as group CEO starting Sept. 2 – CNBC
HSBC’s logo is displayed outside its UK branches. Matt Cardy | Getty Images HSBC Announced on Wednesday Georges El Hedery appointed Group CEOIt will start on September 2nd. El Hedery, the current chief financial officer, will succeed Noel Quinn, who will retire in September. In late April, HSBC suddenly announced that Quinn was stepping down […]
Trump weighs tapping JP Morgan CEO Jamie Dimon for Treasury secretary, won’t remove Fed’s Powell: report
Donald Trump will not seek to remove Federal Reserve Chairman Jerome Powell from his position before his term ends and would consider appointing JPMorgan CEO Jamie Dimon as Treasury secretary if he wins the Nov. 5 election, the former president said. Bloomberg interview It was published on Tuesday. JPMorgan declined to comment on Trump’s remarks. […]