NEW YORK — Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company. Bakish will be replaced by a troika of executives who will form a new “Office of the CEO.” The group includes George Cheeks, the CEO of CBS; Chris McCarthy, CEO of Showtime/MTV … Read more
Sean McManus has had little time to reflect on his nearly 27 1/2-year tenure leading CBS Sports. Over the past month, there has been the men’s NCAA Tournament and this weekend’s coverage of the Masters. If anything, McManus has approached the last six months since he announced his retirement with a greater sense of gratitude. … Read more
Economic losses in the Asia Pacific region soared to $65 billion due to natural disasters, mainly fueled by floods in China and droughts in India, as reported by insurance company Aon. Hadynyah | E+ | Getty Images Economic losses in the Asia Pacific region due to natural disasters soared to $65 billion in 2023, mainly … Read more
SAN FRANCISCO — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had recommended a slate of directors that did not include Peltz or Rasulo. The dissident … Read more
NEW YORK — Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced on Thursday. The Global Citizen NOW summit will seek support for workable solutions … Read more
NEW YORK — Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced on Thursday. The Global Citizen NOW summit will seek support for workable solutions … Read more
WASHINGTON — The maker of a much-debated drug for Lou Gehrig’s disease said Friday its therapy failed to help patients in a large follow-up study, but stopped short of committing to follow through on a prior pledge to pull the drug from the U.S. market. The Food and Drug Administration approved Amylyx Pharmaceuticals’ Relyvrio in … Read more
JEFFERSON CITY, Mo. — The Missouri Supreme Court on Wednesday rejected the latest attempt by Republican state officials to block taxpayer dollars from going to Planned Parenthood, citing a failure in the state’s legal appeal. The high court’s decision upholds a ruling by a trial judge, who found that a 2022 funding bill violated the … Read more
NEW YORK — Business Insider’s top executive and parent company said Sunday they were satisfied with the fairness and accuracy of stories that made plagiarism accusations against a former MIT professor who is married to a prominent critic of former Harvard President Claudine Gay. “We stand by Business Insider and its newsroom,” said a spokesman … Read more
Consumer advocate Ralph Nader has built his life’s reputation on his fights with corporate America. But it turns out there are some CEOs he actually likes. At least that’s the premise of “The Rebellious CEO: 12 Leaders Who Did It Right,” Nader’s look at executives who he says “stood against the gray crowd” by putting … Read more
