Maersk CEO Expects Houthi Terrorism in Red Sea Will Continue
Vincent Clercq, CEO of Danish shipping giant Maersk, told clients he expects Iran-backed Houthi terrorism to disrupt shipping in the Red Sea until the third quarter of 2024 and possibly beyond. “The longer this goes on, the more ingrained the costs become. We don’t yet know exactly how much of these costs we’ll be able […]
Lobbying World: Monument Advocacy has a new CEO
John Murray Currently Monument AdvocacyThe company said founder and CEO C. Stewart Verdery Jr. will transition to full-time business development, long-term strategic planning and customer engagement, while Murray and Verdery will lead Monument’s new seven-person senior management team. “After 18 years, it is appropriate that a new CEO brings a fresh vision and a new […]
Paramount mulls $1.7B offer to sell BET to its CEO and NYC private equity firm: report
Shari Redstone has revised plans to sell parts of struggling media giant Paramount Global. The company is reportedly in exclusive negotiations to sell the Black Entertainment Television Network to a group of buyers led by BET CEO Scott Mills after calling off an auction last year that failed to raise the roughly $3 billion it […]
Ex-Microsoft CEO Steve Ballmer is now richer than founder Bill Gates
Former Microsoft CEO Steve Ballmer has overtaken Bill Gates as the world’s richest person, marking the first time the company co-founder’s wealth has been surpassed by one of his former subordinates. Mr. Ballmer, the boisterous owner of the NBA’s Los Angeles Clippers, who succeeded Mr. Gates as CEO of Microsoft in 2000, 6th on the […]
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit – CNBC
Nikolai Storonsky, founder and CEO of Revolut. Harry Murphy | Web Summit Sports Files via Getty Images LONDON — The chief executive of British financial technology giant Revolut told CNBC he is optimistic the company will be able to get a banking license in the U.K. after the company reported its highest-ever full-year pre-tax profit […]
Gates Foundation CEO Demands Social Credit Score for ‘Low- and Middle-Income’ Countries
Estimated Reading Time: 2 minutes Gates Foundation CEO Mark Suzman insisted that there has to be “digital infrastructure” in “low- and middle-income” countries. What does that mean? A social credit score for African, Asian, and South American countries, of course. Nothing like digital imperialism. This is what Suzman said, in a Dec. 1 press release: “How […]
Bitcoin Mining Companies Switching to Other Coins Amid Rising Cost of Operations: CryptoQuant CEO – The Daily Hodl
Bitcoin (BTC) miners are reportedly mining other cryptocurrencies to prepare for the recent price drop, according to the CEO of CryptoQuant. Ki Yong-ju said that with Bitcoin’s hash price currently at an all-time low, it’s possible that mining companies will slow down their investments and turn to other cheaper proof-of-work (PoW) coins for the time […]
Ripple CEO Slams CoinDesk Over Inaccurate Report on XRP – The Crypto Basic
Ripple CEO Brad Garlinghouse has criticized popular cryptocurrency news outlet CoinDesk for inaccurately reporting a recent court ruling regarding XRP. California District Court Judge Phyllis J. Hamilton issued Last week, a highly anticipated ruling was handed down in a securities class action lawsuit against Ripple. In his ruling, the judge dismissed all securities charges against […]
H&M shares drop 13% after CEO casts doubt on June sales
H&M shares fell 13% on Thursday after its CEO questioned the company’s ability to meet its full-year profit targets and predicted weak sales in June. The Swedish company said its sales this month were expected to fall 6 percent year-on-year in local currency terms, due in part to continuing bad weather in many markets. Chief […]
PGA of America CEO Seth Waugh stepping down; not renewing contract
Seth Waugh has decided to step down after six years as CEO of the PGA of America. Waugh, who was previously CEO of Deutsche Bank Americas, became CEO of the PGA of America in September 2018, the same month that the 2018 Ryder Cup was held at Le Golf National in Paris. Of course, the […]