FedEx, a giant in the logistics world, is feeling the heat from global trade shifts. With tariffs causing headaches, the company is looking at a $1 billion dent in its finances. Yet, FedEx isn't throwing in the towel. It's betting big on technology and innovation to keep packages moving worldwide.
Running a retail company is tougher than ever. The job has changed a lot. It's not just about selling stuff anymore. Now, CEOs have to deal with data science, global politics, and sustainability. All while keeping the business running smoothly. The big changes started after the pandemic. In 2023, m
Derek Sprague, the CEO of the PGA of America, has decided to step down from his position after just one year. This decision comes as he chooses to focus on his family, specifically his mother and mother-in-law who need more support. Sprague informed the board of his decision in early December, and t
The Atlanta Falcons have made a big change at the top. Greg Beadles, who was the team president, is now the new CEO. This move comes after Rich McKay decided to step down from his role. McKay will now focus on other sports projects. The team owner, Arthur Blank, shared this news with fans in a lette
Greg Abel is now the boss at Berkshire Hathaway. He took over from Warren Buffett, who ran the company for a very long time. Abel is 63 years old. He has been with Berkshire since 2000. Before that, he was the CEO of MidAmerican, a utility company. At Berkshire, he helped turn MidAmerican into a bi
Saks Global is making big changes at the top. The company has a new CEO, Richard Baker, who is also keeping his role as executive chairman. This move comes as the luxury retailer is reportedly getting ready to file for bankruptcy. Marc Metrick, who has been with Saks for 30 years, is leaving to expl
CES, the big tech show in Las Vegas, is no longer just about weird gadgets. It's becoming a major event for artificial intelligence. This year, Nvidia's CEO, Jensen Huang, will kick things off with a big speech. He's expected to talk about how AI will change industries like healthcare, cars, and man
Chip Wilson, the guy who started Lululemon, is making waves again. He's trying to shake up the company's board by nominating three new directors. This comes just after the company's CEO stepped down, leaving no clear plan for who's next in line. Lululemon's been having a tough time lately. Its stoc
General Motors (GM) is having a stellar year in the stock market. As of the last trading day, its shares have climbed over 55%, reaching an all-time high of more than $80 per share. This is the best performance since the company's comeback after bankruptcy in 2009. Several things are fueling this g
In a surprising turn of events, workers at a Louisiana-based company received a massive bonus just before the holidays. This generous act came after the sale of the company, Fibrebond, to Eaton for a staggering $1. 7 billion. The outgoing CEO, Graham Walker, decided to share 15% of the sale's profit
