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Palantir CEO Alex Karp says short sellers make money to buy cocaine

The CEO of software company Palantir said on Wall Street that “nothing makes a human being happier than removing the source of cocaine” from people who “love to tear down great American companies.” He blamed short sellers. “I love burning short sellers.” Alex Karp told CNBC on Wednesday. “Few things make a human being happier […]

TikTok CEO urges app users to ‘protect your constitutional rights’ against bill

TikTok CEO Xiang Chu has loudly protested the continued success of a bill to force China to divest from the social media app. The House of Representatives easily passed a bill Wednesday that would require TikTok’s parent company ByteDance to withdraw from the app. Otherwise, TikTok will be banned from being distributed in the United […]

Tesla CEO Elon Musk visits Giga Berlin as production resumes following arson attack

Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss Ford’s decision to offer free Tesla Superchargers to EV owners through July. Tesla CEO Elon Musk visited the electric car giant’s giant German factory on the outskirts of Berlin on Wednesday, where it had been out for a week after an arson attack on […]

White House meets with UnitedHealth CEO over hack – Yahoo Finance

(Reuters) – White House officials met with UnitedHealth Group CEO Andrew Whitty and industry officials on Tuesday to discuss the health care conglomerate’s high-tech plans that have disrupted operations across the United States. We discussed hacking into the department. A spokesperson for the Department of Health and Human Services (HHS) said the meeting was the […]

T-shirt giant Gildan’s new CEO rocked by allegations of affair with underling: sources

One of the world’s largest apparel makers says new blemishes have surfaced in its CEO appointment, disrupting a succession battle sparked by activist investors seeking the reinstatement of the ousted president, The Post says. reported. Gildan Activewear, a Montreal-based T-shirt wholesaler with a market capitalization of approximately $6 billion, ousted co-founder Glen Chamandy Last December, […]

3M hires outsider Bill Brown as CEO, shares jump

See what’s being clicked on FoxBusiness.com Conglomerate 3M has named Bill Brown, the former head of L3Harris Technologies, as its next chief executive, betting that an outsider will take the reins amid declining sales and multiple lawsuits. CEO). The company’s shares rose nearly 7% on Tuesday. Shares fell about 14% this year to the end […]