Tag: Corporate management
CEO calls FirstEnergy’s conduct ‘wrong and unacceptable’
CLEVELAND — FirstEnergy Corp.'s conduct in secretly funding a $60 million bribery scheme to win a $1 billion bailout for two nuclear power plants...
Haiti leader’s slaying exposes role of ex-Colombian soldiers
BUCARAMANGA, Colombia — As the coronavirus pandemic squeezed Colombia, the Romero family was in need of money to pay the mortgage. Mauricio Romero Medina's...
Publisher Scholastic Inc. names Peter Warwick its new CEO
NEW YORK — Scholastic Inc. has appointed a successor to longtime president and CEO Richard Robinson, who died last month. Peter Warwick, an independent...
Biden: Social media platforms ‘killing people’ with misinfo
WASHINGTON — President Joe Biden said Friday that social media companies are “killing people” by failing to police misinformation on their platforms about COVID-19...
Video games coming to Netflix? Latest hiring offers a clue
SAN RAMON, Calif. — Netflix has hired veteran video game executive Mike Verdu, signaling the video streaming service is poised to expand into another...
Firm hacked to spread ransomware had previous security flaws
For 21 years, the software company Kaseya labored in relative obscurity — at least until cybercriminals exploited it in early July for a massive...
Touting new trains, Amtrak CEO foresees riders heading back
DETROIT — Amtrak is betting big on a return of ridership.
...
California men plead guilty in Florida to $1.3B fraud scam
MIAMI — Two more California men have pleaded guilty in South Florida for their roles in a $1.3 billion real estate fraud scheme that...
As fears about climate grow, Siemens CEO sees opportunities
DETROIT — As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to...
G20 ministers take up plan to deter cross-border tax dodging
Finance ministers from the Group of 20 countries will push for agreement on proposals backed by U.S. President Joe Biden to deter tax dodging...