Uber CEO Travis Kalanick takes leave of absence, will lose authority

Uber CEO Travis Kalanick takes leave of absence, will lose authority

Uber Technologies Inc Chief Executive Officer Travis Kalanick told employees on Tuesday he will take time away from the company he helped to found, one of a series of measures the ride-hailing company is taking to claw its way out...
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Ford just fired its CEO – and the stock price is going nowhere

Ford just fired its CEO – and the stock price is going nowhere

Wall Street is now calling the shots at the number-two US automaker. Okay, if you go by market cap, Ford isn’t number two. It’s number three, depending on what Tesla is doing (at $50-billionish, there are days when Tesla is...
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Real estate CEO: Record-low housing inventory is ‘freaking us out’

Real estate CEO: Record-low housing inventory is ‘freaking us out’

The number of homes for sale in America has been falling steadily for the past year, but the situation is apparently getting much worse as spring demand heats up. “The inventory is reaching historic lows. It’s never declined faster than...
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Alaska has ‘many attractive prospects’ for investment, says CEO

Alaska has ‘many attractive prospects’ for investment, says CEO

One hundred and fifty years ago — on March 30, 1867 — Russia signed over Alaskan land to the U.S. for less than two cents an acre. Today, that same land has proven to be a gold mine. Boasting sectors...
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iPhone 10 Year Anniversary: Apple CEO Tim Cook Says ‘Best Is Yet to Come’

iPhone 10 Year Anniversary: Apple CEO Tim Cook Says ‘Best Is Yet to Come’

It all started ten years ago when Apple CEO Steve Jobs took centre stage at MacWorld 2007 in San Francisco to introduce the first ever iPhone. 2017 is a big year for Apple as it marks the tenth anniversary of...
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Apple CEO Tim Cook’s Pay Slumps Along With iPhone Sales

Apple CEO Tim Cook’s Pay Slumps Along With iPhone Sales

Apple penalized CEO Tim Cook for the iPhone maker’s first sales slump in 15 years with a 15 percent pay cut. Cook still did extremely well, with a compensation package valued at $8.7 million (roughly Rs. 59.3 crores) for Apple’s...
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