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Bass Pro Shops’ CEO says brand will focus on affordability amid rising costs

Bass Pro Shops founder and CEO Johnny Morris said despite inflation, the hunting, fishing and outdoor sports brand will continue to focus on affordability heading into boating and fishing season. Inflation has fallen from a peak of 9.1% in June 2022 but remains elevated at 3.4%, above the Fed’s 2% target. “Inflation is happening. It’s […]

Tesla CEO Elon Musk opposes tariffs on Chinese EVs

In an interview with Barney & Company, Diana Ferchtgott Ross, an economist at the Heritage Foundation, argued that Biden’s tariffs on Chinese-made EVs don’t go far enough to protect the domestic auto industry. Tesla CEO Elon Musk said Thursday he opposes government tax incentives for electric vehicle (EV) purchases and tariffs on Chinese-made EVs or […]

Ex-Google CEO Eric Schmidt predicts AI data centers will be ‘on military bases’

Former Google CEO Eric Schmidt has predicted that the most powerful artificial intelligence systems will be housed in military bases surrounded by machine guns in the United States and China. “We suspect that eventually both the United States and China will have a small number of extremely powerful computers with autonomous inventive capabilities beyond what […]

JPMorgan Chase CEO Jamie Dimon, 68, hints he’ll retire sooner than expected

JPMorgan Chase & Co. Chief Executive Jamie Dimon has indicated he may step down as head of the nation’s largest financial institution sooner than widely expected. The 68-year-old Wall Street mogul told analysts at JPMorgan Chase & Co.’s Investor Day on Monday. [for his retirement] It’s been less than five years. ” He did not […]

Frontier Airlines CEO hopes air traffic controller shortage won’t sink summer travel

Frontier Airlines CEO Barry Biffle speaks on Craman Countdown about summer travel demand as Memorial Day approaches. frontier airlines Chief Executive Barry Biffle said on Monday that a shortage of air traffic controllers could cause problems for the summer travel season if staffing issues are not addressed. Biffle appears on FOX Business Network “Craman Countdown” […]

JPMorgan Chase CEO Jamie Dimon lays out his timeline for retirement

JPMorgan Chase CEO Jamie Dimon highlighted recent concerns about the U.S. economy and the expected impact of looming banking regulations. JPMorgan Chase CEO Jamie Dimon He told analysts and investors on Monday that he is likely to leave the company within the next five years as succession planning begins to come into focus. Dimon made […]