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Lufthansa has no plans to buy rivals hit by coronavirus crisis: CEO
Lufthansa is not planning to buy rivals weakened by the coronavirus crisis, Chief Executive Carsten Spohr told shareholders at the company's virtual annual general meeting on Tuesday......»»
Chevron CEO Wirth says no plans to leave Venezuela: CNBC
Chevron Corp has no plans to wind down all operations or exit Venezuela, Chief Executive Officer Mike Wirth told CNBC, days after the Trump administration barred the U.S. oil major from drilling or transporting oil in the South American nation......»»
Uber reportedly may cut around 20% of workforce; CTO resigns
The chief technology officer of Uber Technologies Inc. is resigning, amid a report that the ride-hailing company is discussing plans to cut about 20% of its workforce. The departure of C.....»»
Harley stock jumps as boss lays out plan to keep it simple
Harley-Davidson Inc. shares climbed after the struggling motorcycle maker’s new acting chief executive officer laid out plans to cut costs and complexity and focus on the company’s strengths......»»
Harley stock jumps as boss lays out plan to keep it simple
Harley-Davidson Inc. shares climbed after the struggling motorcycle maker’s new acting chief executive officer laid out plans to cut costs and complexity and focus on the company’s strengths......»»
HSBC to press ahead with overhaul "wherever possible", despite coronavirus
HSBC will press on with plans to reallocate capital from underperforming businesses, cut costs and strip out layers of management, its Chief Executive Noel Quinn said, despite problems caused by the coronavirus pandemic......»»
Etihad has full support of state owner, will resume flights in May: CEO
Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony Douglas said on Thursday......»»
Google to cut back on hiring, other spending due to coronavirus, Alphabet CEO says
After more than a month of staying quiet about plans to weather the COVID-19 pandemic, a leaked memo from Alphabet Inc.’s chief executive shows that Google expects to cut hiring as well as spending in other areas such as data centers......»»
CDC director says he"ll keep working with WHO despite Trump"s plans to cut funding to the agency
REUTERS/Joshua Roberts CDC chief Robert Redfield on Wednesday said his agency and the WHO hav.....»»
Sedgefield plans new practice area to accommodate Wyndham Championship
PGA Tour operations chief calls short-game spot "a significant area of concern".....»»
SoftBank plans to abandon WeWork investor deal
SoftBank Group Corp. scrapped an agreement to spend $3 billion to buy WeWork stock from former Chief Executive Officer Adam Neumann and other shareholders, despite threats of legal action from some members of the company’s board......»»
Autolist survey: More than 50% of car shoppers still hope to buy a vehicle in 2020
As the stock market see-saws between positive and negative territory on an almost daily basis, the chief question for automakers is, "Will people still buy our cars?" There's no need to produce more vehicles if no one has plans to buy the ones alre.....»»
Tesla plans to supply FDA-approved ventilators free of cost: Musk
Tesla Inc Chief Executive Elon Musk said on Tuesday the company has extra FDA-approved ventilators that can be shipped free of cost to hospitals within regions where the electric carmaker delivers......»»
GE"s aviation unit to cut U.S. workforce by about 10%: CEO
General Electric Co 's aviation unit plans to cut its total U.S. workforce by about 10%, Chief Executive Officer Larry Culp said on Monday, as airlines delay purchases amid the coronavirus pandemic......»»
Volkswagen plans to tap electric car batteries to compete with power firms
Volkswagen's expansion in electric cars will open up new business opportunities in storing and managing energy, encroaching on business currently dominated by utilities and energy firms, chief strategist Michael Jost said on Thursday......»»
Another Breon leaves Vacasa, interim CEO creates 3 new exec roles
Vacasa Chief Analytics Officer and head of revenue Scott Breon has left the company just three weeks after his brother Eric Breon left his post as CEO. Scott Breon’s last day was March 3. He doesn’t have immediate plans for what’s next but .....»»
Wells Fargo CEO tells Congress bank has doubled down on regulatory issues
New Wells Fargo & Co Chief Executive Charlie Scharf testified on Tuesday that substantial change was underway at the bank as lawmakers grilled him on the status of its remediation efforts and contingency plans related to coronavirus......»»
Here are San Antonio"s climate priorities for 2020
Doug Melnick, San Antonio's chief sustainability officer, spoke to the Business Journal about what his office hopes to accomplish during the city's first year pursuing carbon neutrality......»»
Chip maker NXP names new CEO
NXP Semiconductors NV announced Thursday afternoon that it plans to change chief executives, replacing a CEO who has led the company for more than a decade. NXP said it plans to propose the ap.....»»
The Wall Street Journal: Twitter CEO Jack Dorsey rethinking his temporary move to Africa
Twitter Inc. Chief Executive Jack Dorsey is reconsidering plans to spend part of this year in Africa, a trip that has drawn criticism and helped fuel a push by activist hedge fund Elliott Management Corp. to possibly replace him......»»