In May, electric-vehicle maker Tesla was removed from the S&P 500’s ESG Index. In response, CEO Elon Musk tweeted that ESG was “a scam” that had been “been weaponized by phony social justice warriors.” Jim Watson | AFP | Getty Images Tesla chief Elon Musk may have misunderstood the meaning behind ESG (environmental, social, and […]
As U.S. companies and executives balance publicly addressing hot-button political topics, Palantir CEO Alex Karp said many still struggle with figuring out when they must speak out and when they shouldn’t. “Companies have a problem that it’s very hard for them to tether what they’re producing to a higher mission, and therefore they cannot exactly […]
Charles Scharf Qilai Shen | Bloomberg | Getty Images Wells Fargo CEO Charles Scharf said he is betting on “more significant rate hikes” as the Federal Reserve tries to rein in high inflation, and that the economy is not as prepared as it should be. “I wouldn’t bet on a number, but I would bet […]
An avid Twitter user, and possibly the future owner of the microblogging site, Elon Musk has not tweeted for over a week. On Tuesday, the SpaceX CEO received hundreds of birthday wishes online from fans and family members, but he replied to none. The world’s richest man has spent a considerable amount of time on […]
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Bed Bath & Beyond is replacing CEO Mark Tritton in a leadership shakeup after the retailer struggled through another quarter of declining sales and posted a steeper loss. The company said Wednesday that Sue Gove, an […]
ORLANDO, Fla. (AP) — The Orlando Museum of Art has parted ways with its CEO in the days after the FBI raided the Florida museum and seized more than two dozen paintings attributed to artist Jean-Michel Basquiat that are the subjects of an investigation into possible wire fraud and conspiracy. The museum’s board of trustees […]
The summer holidays are well under way and many Britons are still yet to book their sunny escapes. Travel expert and Trivago CEO Axel Hefer spoke exclusively to Express.co.uk about how travellers can easily cut costs on holiday. Axel told Express.co.uk: “As we enter a bumper travel season for Brits, our latest data shows hotel prices in Europe […]
Cloud computing is in its beginning stages and will only continue to grow, Amazon Web Services CEO Adam Selipsky told CNBC’s Jim Cramer on Tuesday. “It’s possible that AWS could become the largest business at Amazon. Now, Amazon has other large and great businesses, and so it could take a while for us to get […]
Bob Chapek, Disney Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images Disney has extended CEO Bob Chapek’s contract for three years, the company announced Tuesday. Chapek’s contract was set to expire in February next year, three years after he unexpectedly took the reins from Bob Iger. The board, which met Tuesday […]
British households are currently facing the worst impacts of the global fossil fuel energy crisis, as energy bills are set to reach a record £3,000 by October. Ofgem’s CEO previously warned that around 12 million people will face fuel poverty as a result of the price cap rise over this winter. However, Greg Jackson, the […]