Corporate management

January 10, 2020 - 7:34 pm
The Boeing CEO who was ousted last month for the company’s botched response to two crashes and the grounding of its best-selling plane will walk away with $62.2 million, the company disclosed Friday. Boeing said, however, that Dennis Muilenburg will not get additional severance or a 2019 bonus, and...
Read More
FILE - In this Wednesday, Dec. 11, 2019, file photo, a Boeing 737 Max being built for Norwegian Air International taxis for a test flight, at Renton Municipal Airport in Renton, Wash. Newly released Boeing documents show that company employees knew about problems with flight simulators for the now-grounded 737 Max jetliner and talked about misleading regulators. (AP Photo/Ted S. Warren, File)
January 10, 2020 - 3:06 pm
Boeing employees raised doubts among themselves about the safety of the 737 Max, hid problems from federal regulators and ridiculed those responsible for designing and overseeing the jetliner, according to a damning batch of emails and text messages released nearly a year after the aircraft was...
Read More
January 01, 2020 - 1:05 pm
JOHANNESBURG (AP) — Isabel dos Santos, who is often described as Africa's richest woman, has denounced as “politically motivated" an Angolan court order to seize an estimated $1 billion worth of her assets. Dos Santos, the 46-year-old daughter of former Angolan President Jose Eduardo dos Santos,...
Read More
Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., acknowledges the crowd during a campaign event at the Old South Meeting House, Friday, Dec. 31, 2019, in Boston. (AP Photo/Elise Amendola)
December 31, 2019 - 1:16 pm
BOSTON (AP) — Massachusetts Sen. Elizabeth Warren marked one year of running for president on Tuesday by slamming billionaires from both parties who she says put corporate interests above the needs of the rest of the country, as many top Democrats looking to unseat President Donald Trump spent the...
Read More
FILE - In this Nov. 12, 2017 file photo, Emirates President Tim Clark speaks to journalists during a press conference on the opening day of the Dubai Air Show, in Dubai, United Arab Emirates. Clark will retire at the end of June 2020 after 17 years at the helm of the Middle East's biggest carrier. The company confirmed in an email to The Associated Press on Wednesday, Dec. 25, 2019, that Tim Clark, who joined the airline in 1985 when it was first launched, will remain on as an adviser. (AP Photo/Kamran Jebreili, File)
December 25, 2019 - 5:15 am
Dubai, United Arab Emirates (AP) — The president of Dubai-based airline Emirates will retire in June after 17 years at the helm of the Middle East's biggest carrier, the company confirmed Wednesday. Tim Clark, who joined the airline in 1985 when it was first launched, will remain on as an adviser,...
Read More
FILE - In this Feb. 26, 2017, file photo, Uber CEO Travis Kalanick arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Former Uber CEO Kalanick will resign from the company's board next week, effectively severing ties with the company he co-founded a decade ago. (Photo by Evan Agostini/Invision/AP, File)
December 24, 2019 - 2:45 pm
New York (AP) — Former Uber CEO Travis Kalanick will resign from the board next week, effectively severing ties with the ride-hailing company he co-founded a decade ago. Uber turbocharged the gig economy and since 2010 has logged 15 billion trips. Kalanick was ousted as CEO in the summer of 2017...
Read More
FILE - In this Oct. 29, 2019, file photo Boeing Company President and Chief Executive Officer Dennis Muilenburg appears before a Senate Committee on Commerce, Science, and Transportation hearing on 'Aviation Safety and the Future of Boeing's 737 MAX' on Capitol Hill in Washington. Muilenburg is resigning amid ongoing problems at the company over the troubled Max 737 aircraft. The board of directors said Monday, Dec. 23 that Muilenburg is stepping down immediately. The board's current chairman David Calhoun will become president and CEO on Jan. 13, 2020. (AP Photo/Andrew Harnik, File)
December 23, 2019 - 5:18 pm
NEW YORK (AP) — Boeing ousted CEO Dennis Muilenburg on Monday with no end in sight to the crisis that has engulfed the vaunted American aircraft manufacturer since the crash of two of its 737 Max airliners. The Boeing board had supported Muilenburg for months despite calls for his resignation from...
Read More
FILE - In a Wednesday, Oct. 23, 2019 file photo, Igor Fruman arrives for his arraignment, in New York. Andrew Favorov, the No. 2 at Ukraine’s state-run gas company Naftogaz, says he sat on the red leather banquette and listened wide-eyed as the men boasted of their connections to President Donald Trump and proposed selling large quantities of liquified natural gas from Texas to Ukraine. The gas deal never came to pass, but it’s now the subject of a U.S. federal criminal investigation of the two men, Lev Parnas and Igor Fruman, and their close associate, Rudy Giuliani. (AP Photo/Mark Lennihan, File)
December 23, 2019 - 4:33 pm
KYIV, Ukraine (AP) — In a back corner of the swank H Bar in Houston, near a huge photo of Brigitte Bardot with a dangling cigarette and a deck of cards, two Russian-speaking men offered a Ukrainian gas executive what seemed like an outrageous business proposal. Andrew Favorov, the No. 2 at Ukraine’...
Read More
FILE - In this Oct. 25, 2017, file photo, shoppers stand outside of a Bed Bath & Beyond department store at Jersey Gardens Mall in Elizabeth, N.J. Six senior executives at Bed Bath & Beyond are leaving the company as part of an extensive restructuring as the retailer tries to turnaround its business the company said Tuesday, Dec. 17, 2019. (AP Photo/Julio Cortez, File)
December 17, 2019 - 7:50 am
TRENTON, N.J. (AP) — Six senior executives are being outed at at Bed Bath & Beyond, the first major maneuver by a new CEO that the retailer recruited from Target. The chain had a three-year decline in same-store sales growth, while sales growth has dropped for three consecutive quarters. Gross...
Read More
FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” (AP Photo/Bebeto Matthews, File)
December 12, 2019 - 7:49 pm
NEW YORK (AP) — T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” Legere's testimony came on the fourth day of a high-profile...
Read More

Pages