CEO Financial News

By Kanishka Singh

(Reuters) — More than 25 years ago, two students at Stanford University brainstormed in their dormitory and came up with an idea — to create an internet search engine that would organize web pages and also rank them.

A recycling facility will be built in Kentucky to shred electric vehicle batteries in a $65 million venture

A federal judge in Atlanta is allowing a venture capital firm to continue offering a grant program only to Black women entrepreneurs

The share of Latinos who give to established charities has dropped sharply since 2008, a new study has found

Target said it's closing nine stores in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers

Elke Pascoe, founder and chief executive of infant formula group LittleOak Company, says it’s crucial that budding entrepreneurs let criticism bounce off them, and have the ability to “fiercely protect your dream”.

At the launch of the world’s first gene therapy for haemophilia B in late 2022, there were tears.

More than 145 people go missing in Australia every day. But attention is rarely given to the several thousand loved ones who have been left behind.

Electric vertical take-off and landing (eVTOL) jet developer, Lilium NV (NASDAQ:LILM) announced Tuesday that it has begun assembly of the company’s revolutionary electric propulsion system for its Lilium Jet. The assembly is taking place at Lilium’s dedicated propulsion facility in Wessling, Germany.

Simplify Asset Management's Mike Green discusses the state of the economy on 'Making Money with Charles Payne.'

Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August existing home sales on 'The Claman Countdown.'

The cryptocurrency industry is no stranger to disruptions, shake ups, and rumors. Just recently, Binance, the world’s largest cryptocurrency exchange platform, became the center of attention with news of several executives leaving the company. Binance's CEO, Changpeng Zhao, has stated that these departures are not related to the company’s issues with regulators.

Air India CEO Campbell Wilson said that notice period and an employment bond for pilots is justified only when an airline has invested in training those pilots in a specific aircraft type. “I think if an airline is investing in training people, then it's quite common practice that there is some sort of bond with the organization and if someone leaves before the agreed period, there is a compensatory mechanism for the airline that has invested. This is quite different when the pilot has been already trained by someone else and you pick up because you have a desperate need because you have not prepared or invested in increasing capability,” Wilson said when asked if there should be a notice period for pilots. Wilson’s comment comes in backdrop of Akasa Air filing cases against Boeing 737 pilots which it said resigned without serving notice period of six months.

Economic Times. She will lead and drive the strategic direction, growth, and transformation agenda of the firm.

Infinity Learn by Sri Chaitanya clocked a profit after tax (PAT) of over Rs 100 crore for the financial year ended March 31, 2023, the company claimed in a recent press release. According to the press release, the company also managed to keep expenditure growth at just about twice the previous year's levels. The company's 2022-23 PAT is a significant turnaround from Rs 37 crore loss logged in 2021-22, the release said. Ujjwal Singh, the Founding CEO of Infinity Learn by Sri Chaitanya, said, “Navigating the ever-evolving EdTech landscape, Infinity Learn has soared with remarkable growth this year. In just over two years, we've not only upheld our relentless dedication to excellence but have also championed responsible growth.

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August existing home sales on 'The Claman Countdown.'

PwC Australia will add three independent directors to its board and publish audited accounts, a first for the big four, in a bid to cure a “shadow culture” uncovered by Ziggy Switkowski’s report into the tax leaks scandal.

Qantas chairman Richard Goyder and new chief executive Vanessa Hudson will front up at a Senate inquiry into aviation landing rights on Wednesday but former boss Alan Joyce will not appear until he returns from overseas.

By Brenda Goh