Telegram CEO Pavel Durov Criticizes ‘Misguided’ Arrest in France
Pavel Durov, CEO of the popular messaging app Telegram, has spoken publicly about the recent arrests in Paris, calling the response of French authorities “misguided” and expressing surprise that he has been held personally responsible for illegal activity on the platform. Novaya Gazeta Europe Reports In his first public statement since his detention on August […]
$10,000 Tax Bonus Should Be Handed To Struggling American Workers Every Year, Says JPMorgan Chase CEO – The Daily Hodl
JPMorgan Chase CEO Jamie Dimon said he supports changes to the tax code that would give working Americans and their families more relief from the IRS. In a new interview with PBS NewsHour, Dimon said: say The Earned Income Tax Credit (EITC) should be expanded to cover all low- and moderate-income workers, regardless of whether […]
Telegram CEO Speaks Out For First Time Since Arrest
Telegram founder Pavel Durov spoke out for the first time since his arrest by French authorities at Bourget airport outside Paris on August 25. Durov, the billionaire CEO of a popular messaging app, Hit The CEO of Telegram complained to the French government on Thursday about being personally targeted in a Telegram post, criticizing the […]
Steward Health CEO refuses to testify despite Senate panel subpoena
The CEO of Steward Healthcare Inc. told a Senate committee he will ignore a subpoena and not testify at a hearing next week as part of the company's bankruptcy investigation. In a letter sent Wednesday to the Senate Health Committee, Ralph de la Torre's lawyers said it would be inappropriate for him to testify about […]
US Steel CEO warns failed sale to Nippon Steel would lead to steel mill closures
FOX Business' Jeff Flock reports from Doylestown, Pennsylvania with more from Cavuto: Coast to Coast. The CEO of U.S. Steel has warned that the company would be forced to close steel mills if a pending $14 billion investment goes ahead. Acquisition by Nippon Steel It falls. U.S. Steel CEO David Barritt said: of The Wall […]
Nvidia CEO Jensen Huang loses $10B as company’s stock plummets
AI chip leader Nvidia's CEO Jensen Huang's net worth fell by about $10 billion on Tuesday after the company's shares plunged nearly 10% amid global selling pressure. The 61-year-old Taiwan-born CEO, who worked as a toilet cleaner and server at Denny's before co-founding Nvidia more than 30 years ago, has seen his net worth fall […]
US Steel will cut jobs, close plants, move HQ from Pittsburgh if Nippon sale fails, CEO warns
U.S. Steel warned Wednesday that thousands of union jobs would be at risk if its merger with Nippon Steel Corp. fails, and suggested it could close several steel mills and move its headquarters out of the politically sensitive state of Pennsylvania. The announcement comes as Nippon Steel's plans to buy a U.S. steelmaker face growing […]
Intel CEO to pitch board on plans to shed assets, cut costs, source says
Intel Chief Executive Officer Pat Gelsinger and key executives plan to present a plan to the company's board later this month to cut nonessential businesses and restructure capital spending in an effort to revive the chipmaker's once-dominant position, according to people familiar with the matter. The plan also includes ideas about how to cut overall […]
Goya CEO slams Biden-Harris admin as ‘complicit’ in child and drug trafficking at border
Goya Foods CEO Robert Unanu accused the Harris-Biden administration of failing to control the southern border and being “complicit” in child and human trafficking. Unanu repeated the claim after criticizing Vice President Kamala Harris for shifting focus to “price controls” on food and other goods. “What about the United States? Instead of being an accomplice […]
Baltimore man sentenced to life for murdering tech CEO Pava LaPere
A Baltimore man has been sentenced to life in prison for the 2023 murder of tech entrepreneur Pava LaPere, authorities said. Jason Billingsley, 33, pleaded guilty Friday to first-degree murder and two counts of attempted murder and was sentenced to three life sentences in prison for LaPere's death, the rape of April Hurley and the […]