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ceo

The Moral Compass of Auto CEOs During COVID-19

November 8, 2024

The COVID-19 pandemic has put a spotlight on how top CEOs in the automotive industry handle moral decisions. Researchers looked at letters from the CEOs of the top 15 automotive companies before and after the pandemic started. They used a method called Weber’s to figure out how these CEOs think abou

business

Famous Leaders: How China's Celebrity CEOs Boost Innovation

November 7, 2024

You might think of celebrities as entertainers or athletes, but in China, CEOs are also becoming famous faces. A new study found that these celebrity CEOs are using their status to drive innovation in their companies. From 2015 to 2020, researchers looked at Chinese listed companies and discovered t

business

CVS Health's New CEO Faces Challenges in First Quarter

November 6, 2024

CVS Health had a mixed third quarter, with increased medical costs hurting profits. This is the first report under new CEO David Joyner, who's trying to turn things around. The company expects these costs to stay high until the end of the year. They wouldn't give a formal outlook, but will share som

business

Dollar Tree’s CEO Steps Down: What Happened?

November 5, 2024

Dollar Tree recently announced that its CEO and chairman, Rick Dreiling, has decided to step down. This news comes just a few months after Dreiling joined the company as executive chairman in March 2022. He cited personal health reasons for his departure, expressing the need to focus on his well-bei

business

Stock Shake-Up: Tech and Travel Giants React to Unexpected Earnings

November 1, 2024

Today was full of surprises as several big names in tech and travel reported their earnings. Let's start with Carvana, the online used car dealer that zoomed ahead with a 19% stock boost. Why? They did better than expected in the third quarter, earning more money and bringing in more revenue than an

business

Super Micro's Stock Dives after Auditor Quits

November 1, 2024

Super Micro Computer’s stock has taken a beating, dipping to $28 per share after its auditor, Ernst & Young, decided to walk away. The server company, which joined the S&P 500 in March 2024, is now in hot water, possibly facing delisting from the Nasdaq. This isn’t the first time they’re dealing wit

business

TSMC's 40% Discount Disappears After Intel CEO's Comments

October 31, 2024

Intel's CEO, Patrick Gelsinger, ruffled some feathers with his comments about TSMC's Taiwan base, leading to a lost deal. TSMC, a major chip maker, had offered Intel a huge 40% discount on their latest 3 nanometer chip tech. But after Gelsinger's remarks, TSMC pulled the offer, leaving Intel to pay

science

A Unique Discovery in Colorado: The Story of a Swamp Dweller

October 29, 2024

In the heart of Northwestern Colorado, near the small town of Rangely, a paleontology team from the University of Colorado has been digging for over 15 years. Recently, they made a remarkable discovery â€“ the jaw of a Heleocola piceanus, a creature that roamed the swamps of the area 75 million year

business

Starbucks' New CEO Gets Flexibility, Employees May Lose Jobs

October 29, 2024

Coffee giant Starbucks is making waves with a strict new policy. The company is warning its corporate employees that they could be fired if they don't show up to the office at least three days a week. This comes just weeks after the company hired a new CEO who gets to work from his Southern Californ

politics

Elon Musk's Immigration Past: A Hypocrisy Hiccup?

October 28, 2024

President Joe Biden recently called out Elon Musk, the world's richest man, for a surprising immigration twist. According to a report, Musk, who was born in South Africa, might have worked illegally in the US back in the day. Musk denies these claims, but the report suggests that he didn't enroll in