Keyword: executives
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Executives with Disney and ABC News have reportedly asked The View hosts to tone down their bashing of Presdient Donald Trump and political rhetoric overall. While The View hosts have never shied away from bashing Trump and Republicans in general, executives within the company have reportedly grown weary with the show’s over-emphasis on politics, feeling that it has strayed from its original inception as a talk show for women. According to the Daily Beast, two sources confirmed that Disney CEO Bob Iger and ABC News President Almin Karamehmedovic recently held a meeting with The View hosts and executive producer Brian...
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Executives at the Walt Disney Company are reportedly worried that soaring prices are alienating families from its theme parks, with internal surveys showing a decline in guests who are planning return visits to Walt Disney World and Disneyland. The price of attending a Disney park has skyrocketed in recent years, with the typical price of a four-day stay inside the park rising by $1000 between 2019 and 2024, a new study conducted by The Wall Street Journal showed. The vast majority of that increase — nearly 80 percent — comes from new charges for services that were once free. This...
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A group of top business leaders sent a letter to President Biden Friday urging him to end his reelection campaign in the wake of his poor debate performance last week. As of Friday morning, the letter was signed by 186 people who said they were fearful about the future of the country. **SNIP** In the letter, the group said it admires the president’s decades of service and noted his legacy will be known as one that rescued democracy from a large threat. “To ensure that legacy is cemented, we ask that you pass the torch of leadership to the next...
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In a new revelation, Microsoft Corp. MSFT has explained that Russian hackers stole some of its source code by spying on the company's senior executives. The Windows maker revealed that the attack is still "ongoing."
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The defendants allegedly advertised online by offering nude Asian models for photography with rates ranging between $350 an hour and $600 an hour. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Three people were arrested for allegedly operating a "high-end brothel network" in Virginia and Massachusetts that catered to politicians, military officers and high tech and pharmaceutical executives, the Justice Department said. The defendants allegedly persuaded and enticed primarily Asian women to travel to Virginia and Massachusetts for prostitution, the U.S. Attorney's Office of Massachusetts said Wednesday. The defendants also allegedly rented high-end apartments to use as brothels, which cost as much as $3,664 a month, and...
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The 2020 murder of George Floyd by a Minneapolis police officer fueled a movement for racial justice in all elements of American society, from police forces to education to businesses. Now, a new survey has has found that three-quarters of Black executives say their companies have since made positive changes in hiring and retaining Black Americans. Nearly 75 percent of Black executives told CNBC — which conducted the survey in partnership with the Executive Leadership Council — that they have seen a positive change in hiring, retaining and promoting Black employees since Floyd’s murder. More than 40 percent of companies...
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AAA announced that the U.S. average gas price is now slightly more than $4 per gallon. Gas is at its highest since 2008. But before gas prices took a jump due to the first Green New Deal War, being hosted this year by Ukraine and Russia, there was Bidenflation, supply chain fiascos, COVID-19 lockdowns, and Joe Biden’s turn toward windmills and Chinese solar panels to fuel cars and planes. And because he took America away from making most of its own energy, we suckers in the provinces are staring down the barrel of $7-per-gallon gas.Even electric car maker and spaceship...
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BEIJING—Six executives of China’s heavily indebted Evergrande redeemed some of the company’s investment products in advance earlier this year, the property group said on Saturday.Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said in a statement on its website, without identifying the executives or giving details on the nature of the products.“Regarding the early redemption of Evergrande wealth investment products by some managers, the group company views the matter seriously,” the company said.Evergrande said it had requested that all the funds the six managers redeemed in advance be returned within a...
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Many of the highest-ranking members of the Biden administration came from the same shadowy firm. It is a relatively new name among revolving-door power brokers in Washington D.C., which makes it all the more surprising. Founded in 2017, WestExec describes itself as a “diverse group of senior national security professionals with the most recent experience at the highest levels of the U.S. government. With deep knowledge and networks in the fields of defense, foreign policy, intelligence, cybersecurity, international economics, and strategic communications, our team has worked together around the White House Situation Room table, deliberating and deciding our nation’s foreign...
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According to the most recent CNBC/Change Research Poll, fear over coronavirus has fallen in several key six swing states while at the same time President Donald Trump's approval rating has seen an uptick. In Arizona, Florida, Michigan, North Carolina, Pennsylvania and Wisconsin, Trump now has an approval rating of 48%, two weeks ago his approval was at 46%. Despite an uptick in his job approval rating, President Trump is still trailing his Democratic presidential opponent Joe Biden. According to Nate Silver's FiveThirtEight, Biden is currently favored to win the election — a 70 in 100 chance. Those numbers are in...
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Recent polls reveal a downgrade in President Donald Trump's job approval rating on the economy and show he's trailing in head-to-head match-ups against the leading 2020 presidential election Democratic candidates, but a majority of U.S. business leaders believe, at least for now, that he will win reelection. More than two-thirds of North American chief financial officers surveyed by CNBC say Trump will win the 2020 election, while a quarter say former Vice President Joe Biden, according to the results of the latest CNBC Global CFO Council survey for the third quarter 2019.
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Bernie Sanders: "Fossil fuel executives should be criminally prosecuted for the destruction they have knowingly caused."
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Full headline: TECH TITAN TAKEDOWN Facebook, Twitter and YouTube execs face jail and multi-billion pound fines over terror videos SOCIAL media giant executives could be jailed and their companies fined billions of pounds if they fail to quickly take down violent and terror-related content. Australia could become the first country to introduce prison terms and fines if firms fail to speedily remove terror videos like the Christchurch massacre live-stream.
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A data breach discovered in July may have affected as many as 143 million U.S. consumers, credit tracker Equifax said Thursday. And three of the company's executives sold nearly $2 million in Equifax shares days after the cyberattack was discovered, SEC filings show. It was unclear whether their share sales had anything to do with the breach, CNBC reports. An Equifax spokeswoman didn't immediately respond to a request for comment. Leaked data includes names, birth dates, Social Security numbers, addresses and some driver's license numbers, CNBC reported. The company added that 209,000 U.S. credit card numbers were also obtained....
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The head of Brazil's state-run oil giant Petrobras and five senior executives have resigned in the wake of a huge corruption scandal. Maria das Graças Foster's departure follows the arrest and testimony of some three dozen executives at Petrobras and many of its suppliers. The board of Petrobras is due to meet on Friday to elect new executives. The scandal involves alleged price-fixing, bribes and kickbacks, which implicates Brazil's ruling party. Prosecutors have uncovered around $800m in bribes and other illegal funds. More than 200 businesses are being investigated and more than 80 people, including three former executives from Petrobras,...
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We don’t like to concede that a primary cause of the financial crisis was a Wall Street compensation system that rewarded executives, bankers and traders for taking big risks with other people’s money without holding them the least bit accountable. And because we don’t like to discuss such things in polite company, it is certainly unsurprising that six years later, not a single fundamental aspect of how Wall Street pays its top people has changed. The incentive system that handed out millions of dollars in bonuses to bankers and traders who packaged shoddy mortgages into securities and sold them as...
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As he stepped out on stage last year to hawk his big TV comeback in front of advertisers, comedy great Robin Williams joked it was 'nice to have a job where the checks will clear.' After making his name as the eccentric and beloved alien on 1970s TV hit Mork and Mindy, Robin transferred his attentions to Hollywood with a stream of box office hits. But after acclaim and an Oscar, the movie career started to dry up and the actor signed up for CBS show The Crazy Ones, a small-screen comedy about a 'renowned and slightly unhinged' advertising genius/madman....
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Swiss voters rejected a measure on Sunday that would have capped executive pay to no more than 12 times that of the company's lowest paid worker. As NPR's Eleanor Beardsley reported, the ballot initiative was driven by the youth wing of the Social Democratic Party, which said that CEO pay has been increasing at an alarming rate. Twenty-five years ago, David Roth, head of the party's youth wing, told Eleanor, Swiss CEOs made six times more than the average worker. Today they earn 40 times as much. The Swiss, however, voted against the measure in large numbers — 65.3 percent...
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Switzerland will vote on Sunday on whether to limit the salaries of top executives so they don't earn more in a month than the lowest paid workers earn in a year, a move that could mean big pay cuts for business leaders earning millions. The so-called 1:12 initiative for Fair Pay, the latest attempt to narrow a growing wage gap in one of the world's wealthiest nations, was brought about by the youth wing of the Social Democrats (JUSO), who gathered the 100,000 signatures needed to force a nationwide vote. Despite its high standard of living, Switzerland is a generally...
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The green eyed monster, envy, is inflaming people all around the world, even in usually sensible, pro-business, rich Switzerland. The Swiss, great believers in direct democracy, are going to the polls this week to vote on a referendum that would limit executive pay to a multiple of 12 times the pay of the lowest-salaried worker in an enterprise. Neil Maclucas of the Wall Street Journal writes: On Nov. 24, voters will be asked to approve or reject the 1:12 Initiative for Fair Pay, which organizers say would address a growing wealth gap in Switzerland. The initiative is premised on the...
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