Corporate management

November 17, 2018 - 1:51 pm
WASHINGTON (AP) — The chief executive of J.Crew Group Inc. is stepping down. The clothing retailer says in an announcement that the departure of James Brett, a retail veteran who took the top job in 2017, was by mutual agreement between Brett and the company's board of directors. In a statement,...
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November 16, 2018 - 6:39 pm
NEW YORK (AP) — The Pulitzer Prize Board has decided not to remove fiction writer Junot Diaz over sexual harassment allegations. The board announced Friday that an independent review "did not find evidence warranting" Diaz's departure and that the author would be "welcome" to complete his term,...
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FILE - In this July 7, 2017, file photo, Flipkart Group Chief Executive Officer and co-founder Binny Bansal poses during a photo call at the company's headquarters in Bangalore, India. Bansal, the co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, is stepping down following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, said Tuesday, Nov. 13, 2018, that an independent investigation done on behalf of both companies did not find evidence corroborating the allegation against Bansal, but it did reveal lapses in judgment on his part. (AP Photo/Aijaz Rahi, File)
November 13, 2018 - 6:54 am
NEW YORK (AP) — The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as CEO following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, the largest...
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Tesla has announced that Robyn Denholm of Australia's Telstra will become its new board chair. Musk agreed to vacate his post as board chairman as part of a settlement with U.S. regulators of a lawsuit alleging he duped investors with misleading statements about a proposed buyout of the company. (AP Photo/Kiichiro Sato, File)
November 08, 2018 - 8:29 am
DETROIT (AP) — Tesla's board has named one of its own as chairman to replace Elon Musk, complying with terms of a fraud settlement with U.S. securities regulators. The electric car and solar panel company's board on Thursday named Australian telecommunications executive Robyn Denholm as chairman,...
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SoftBank Group Corp. Chief Executive Masayoshi Son speaks during a press conference in Tokyo Monday, Nov. 5, 2018. Son denounced the killing of Saudi journalist Jamal Khashoggi, but defended the Japanese technology giant’s investment fund, which includes Saudi money, as work that needs to be finished. (Daiki Katagiri/Kyodo News via AP)
November 05, 2018 - 3:37 am
TOKYO (AP) — SoftBank Group Corp. Chief Executive Masayoshi Son denounced Monday the killing of Saudi journalist Jamal Khashoggi, but defended the Japanese technology giant's investment fund, which includes Saudi money, as work that needs to be finished. Speaking at an earnings news conference, Son...
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FILE - In this May 24, 2009 file photo, Mari Hulman George, chairman of the board of the Indianapolis Motor Speedway, gives the command to start engines at the start the 93rd running of the Indianapolis 500 auto race at the Indianapolis Motor Speedway in Indianapolis. Hulman George, chairman of the board emeritus of the Indianapolis Motor Speedway, died early Saturday, Nov. 3, 3018. She was 83. Indianapolis Motor Speedway announced Hulman George’s death early Saturday in a statement and said her family was by her side.(AP Photo/Darron Cummings)
November 03, 2018 - 8:48 am
Mari Hulman George, the "quiet pioneer" of auto racing who ordered drivers to start their engines and was instrumental in the expansion of Indianapolis Motor Speedway, died Saturday. She was 83. Hulman George, the speedway's chairman of the board emeritus, died in Indianapolis with her family at...
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October 31, 2018 - 1:56 pm
WASHINGTON (AP) — Four months after signing an executive order creating the National Council for the American Worker, President Donald Trump is set to announce that over 160 companies and organizations are pledging to provide new career opportunities for more than 6 million Americans. The White...
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University of Maryland president Wallace Loh speaks at a news conference following the board of regents' recommendation that football head coach DJ Durkin retain his job, Tuesday, Oct. 30, 2018, in Baltimore. Durkin has been on paid administrative leave since August, following the death of a player who collapsed during practice and an investigation of bullying by the Maryland coaching staff. (AP Photo/Patrick Semansky)
October 30, 2018 - 7:52 pm
BALTIMORE (AP) — DJ Durkin is poised to return as head of a splintered Maryland football program, coming back to the sideline following multiple investigations involving the death of a player and bullying by the coaching staff. Not everyone is happy about the University System of Maryland board of...
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President Donald Trump talks about drug prices during a visit to the Department of Health and Human Services in Washington, Thursday, Oct. 25, 2018. (AP Photo/Susan Walsh)
October 26, 2018 - 12:13 am
WASHINGTON (AP) — Less than two weeks before the midterm elections, President Donald Trump has announced a plan to lower prices for some prescription drugs, saying it would stop unfair practices that force Americans to pay much more than people in other countries for the same medications. "We are...
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October 24, 2018 - 2:38 am
BEIJING (AP) — Ford Motor Co. has revamped its Asian operations and made its China business a stand-alone unit, recruiting the head of local automaker Chery Automobile to be its new CEO. The company said Wednesday that industry veteran Chen Anning will replace Jason Luo, who quit earlier this year...
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