The world’s richest person could soon add another title to his name – America’s most leveraged CEO. Two-thirds of Elon Musk‘s financing for the $44 billion deal to take Twitter priva...
Tag: CEO
Southwest Airlines swings to Q1 loss: CEO sees solid profit in Q2
Southwest Airlines Co (NYSE: LUV) on Thursday said its revenue in the fiscal first quarter more than doubled on a year-over-year basis. Shares opened 5.0% up despite a wider-than-expected quarterly lo...
In leaked all-hands meeting, Twitter CEO fields questions about Elon Musk’s takeover
If you wanted to be a fly on the wall during the first Twitter all-hands meeting after the platform accepted Elon Musk’s $44 billion bid, you’re in luck. Audio from Twitter’s company...
Digital Wallets To Play A Central Role In PayPal’s Future Growth: PayPal CEO
The CEO of PayPal highlighted that digital wallets would play a central role in the digital payment firm’s future growth. Dan Schulman, the president of PayPal, that digital wallets are the future of ...
Ex-BitMEX CEO explains how Bitcoin will have hit $1 million by 2030
Bitcoin (BTC) will cost $1 million by 2030, one of the industry’s best-known pundits insists, as countries worldwide shun the euro and United States dollar. In his latest blog post published o April 2...
Extreme HODLing Could Completely Destroy Bitcoin (BTC), According to Ex-BitMEX CEO Arthur Hayes
The co-founder of embattled crypto exchange platform BitMEX warns that extreme HODLing could lead to the complete destruction of Bitcoin (BTC). In a new blog post, Arthur Hayes notes that Bitcoin’s ga...
The meme stock craze is ‘pretty bro-y,’ says CEO of investing platform for women
The meme stock craze — which multiplied the value of beleaguered companies like GameStop (GME) and squeezed hedge funds that bet against them — became a symbol of the populist fight between small-time...
FTX CEO Describes Yield Farming as a Ponzi Scheme
Sam Bankman-Fried, the CEO of FTX, has offered his explanation of exactly what “yield farming” is. But alert listeners to the Odd Lots podcast on Apr. 25 will have noticed that what Bankman-Fried actu...
Opinion: Berkshire and Buffett have 5 words for sellers who want their money: ‘Take it or leave it’
As fans flock this weekend to Omaha, Neb. for Berkshire Hathaway’s annual shareholders meeting hosted by Chairman and CEO Warren Buffett, you may be wondering what all the fuss is about. The answer: ...
Demand for XRP-Based Products Has Skyrocketed Amid SEC Lawsuit, Says Ripple CEO Brad Garlinghouse
Ripple CEO Brad Garlinghouse says the payments company continues to grow despite the lawsuit filed by the U.S. Securities Exchange Commission (SEC). In a new Bloomberg interview, Garlinghouse says tha...
Not selling any bitcoin: Microstrategy CEO denied the rumor
Chairman and CEO Michael Saylor of Microstrategy (NASDAQ: MSTR) has denied reports that the business is secretly selling its Bitcoin holdings. Will he sell his company’s holdings? After a large sum of...
CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss
Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...
Carnival CEO Arnold Donald steps down as cruise industry aims for a refresh
Carnival‘s announcement Tuesday that Arnold Donald would step down as CEO of the world’s biggest cruise line came after some investors pushed back at a shareholders meeting earlier this mo...
Ford CEO Jim Farley says pricing has offset rising supply costs
Commodity prices continued to be a headwind for Ford Motor, CEO Jim Farley told CNBC’s Jim Cramer on Wednesday, but the company has managed to offset them through its pricing strategy. “Th...
Crypto Will Be the Only Place To Hide During Next Economic Shockwave, Says Pantera Capital CEO
Pantera Capital founder and CEO Dan Morehead says that cryptocurrencies may be the only safe asset class investors can turn to during the next economic downturn. In a new interview on the Bankless You...
Ripple CEO: CFTC Appropriate Regulator to Oversee Crypto Market Not SEC, As US Only Country On Planet To Consider XRP Security
– Advertisement – Garlinghouse chose which regulatory agency is best for the cryptocurrency market amid the company’s ongoing lawsuit with the SEC. Following the argument about which re...
Ex Twitter CEO Jack Dorsey and Coinbase CEO Praise Elon Musk’s Twitter Takeover
– Advertisement – Musk’s Twitter purchase will truly enable freedom of speech – Brian Armstrong Musk will bring decentralization to Twitter – Jack Dorsey Brian Armstrong, Coinbase CEO, h...
Ridiculous to think we can stop fossil fuel production immediately: CEO
Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world. Imaginima | E+ | Getty Images LONDON — The CEO of S...
Parag Agrawal’s career as Twitter CEO could be over before it really began
Image of Elon Musk superimposed on headshot of Parag Agrawal Parag Agrawal, one of a large crop of Indian-origin CEOs at major Western companies, appeared to write a farewell note as news broke of Elo...
Chipotle staffing back at pre-pandemic levels, company is exploring automation, CEO says
Chipotle Mexican Grill CEO Brian Niccol told CNBC’s Jim Cramer on Tuesday that the company’s staffing levels are back where they were before the Covid-19 pandemic. “Our staffing is a...
Bitcoin Less Volatile Than Tesla and Apple for the Past 2 Years, Claims Binance CEO
Changpeng Zhao – Chief Executive Officer of Binance – believes that bitcoin is less volatile than many stocks of tech giants, including Tesla and Apple. He also said the exchange will “have good news ...
Fisker CEO Deletes Twitter Account On Concerns About Elon Musk’s Control Of His Free Speech
Car designer Henrik Fisker is targeting younger buyers with the Ocean SUV, with leases priced from $375 a month. Fisker Henrik Fisker, CEO of electric-car maker Fisker Inc., was a high-profile Twitter...
Ford CEO Farley plans to challenge Tesla to become the top EV maker
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DEARBORN, Mich. – Ford Motor plans...
From the XRP lawsuit to crypto regulations: Coinbase CEO speaks his mind
In a recent episode of the “All-In” podcast, Coinbase CEO, Brian Armstrong, gave his opinion on issues related to the irregularity around the cryptocurrency regulatory landscape, his thoughts on how v...
Tesla Sinks After CEO Musk Agrees to Buy Twitter in $44 Billion Deal
(Bloomberg) — Tesla Inc. shares fell Monday afternoon following news that Chief Executive Elon Musk is buying social media company Twitter Inc. in a $44 billion deal. Most Read from Bloomberg Sh...
Whirlpool CEO says company is coping with inflation challenges
Whirlpool is handling inflationary pressure and has seen supply chain shortages start to ease, CEO Marc Bitzer told CNBC’s Jim Cramer on “Mad Money.” “Inflation challenges are ...
Coinbase CEO Slammed SEC While Commenting on Ripple Lawsuit, Says Not All Cryptocurrencies Are Securities
– Advertisement – Armstrong noted that the Securities and Exchange Commission needs to develop a new policy that would aid in the classification of cryptocurrencies as security. Commenting...