Category: chief
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Distraught Amazon employees send AWS chief open letter against RTO policy, calling it an ‘outright abdication’ of its role as industry leader
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Frustrated Amazon employees have opened another front in their fight against the company’s return-to-the-office mandate. On Wednesday, 523 employees in Amazon’s Web Services division sent its CEO, Matt Jarman, an open letter detailing their frustration with the new policy. “Our time spent working remotely during the height of the COVID-19…
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Ex-Google chief warns red tape is stifling UK growth
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Eric Schmidt, former CEO of Google, has warned that excessive regulation and bureaucracy are holding back the UK’s economic growth and progress towards its net-zero targets. Speaking at an investment summit organized by Sir Keir Starmer, Schmidt suggested the UK government would benefit from appointing an “anti-regulation minister” to address…
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Ex-Google chief warns red tape is stifling UK growth
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Eric Schmidt, former CEO of Google, has warned that excessive regulation and bureaucracy are holding back the UK’s economic growth and progress towards its net-zero targets. Speaking at an investment summit organized by Sir Keir Starmer, Schmidt suggested the UK government would benefit from appointing an “anti-regulation minister” to address…
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Privacy Protection chief: New regulations prevent cyberattacks
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“In our experience, cyberattacks could have been avoided in many cases if companies had adhered to privacy protection (data security) regulations. Unfortunately, there are many companies in Israel that have not adequately complied with data security regulations, perhaps due to sanctions,” the lawyer said. The violations were not significant, and…
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Former Tesco chief invests in ‘spotify for textbooks’ platform perlego with $20m funding round
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Perlego, an education technology platform known as the ‘Spotify of textbooks’, has secured a $20 million fundraising round led by former Tesco CEO Sir Terry Leahy. The digital library service, which provides unlimited access to academic titles via subscription, is expected to announce a capital injection this week. The new…
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JPMorgan’s strategy chief on why investors should dial back risk amid market distortions
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David Kelly, chief global strategist at JPMorgan Asset ManagementJP Morgan Asset Management Indices rose due to strong economic data and a significant interest rate cut from the Federal Reserve. However, as markets look for a soft landing, potential shocks pose a greater risk to investors, says David Kelly. He says…
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Chief economists in the US say a 2025 recession is only a 30% chance
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The American Bankers Association’s Economic Advisory Committee brings together 15 senior economists from some of the largest banks in North America. The committee chairman indicates that the Fed is close to achieving its dual mission, but warns that the weakness of the labor market needs to be monitored The Fed…
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BOJ chief signals no rush to raise rates further By Reuters
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Written by Laika Kihara OSAKA (Reuters) – Bank of Japan Governor Kazuo Ueda said on Tuesday the bank can take time to examine market and external economic developments when setting monetary policy, suggesting the central bank is in no rush to raise interest rates further. Ueda reiterated that the Bank…
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Donaldson Co. chief legal officer sells $1.05m in stock By Investing.com
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In a recent transaction, Amy C. Baker, Chief Legal Officer of Donaldson, Inc. (NYSE: DCI), a leading provider of industrial and commercial air purification equipment, sold shares of the company’s stock for approximately $1.05 million. The transaction occurred on September 19, 2024, and involved the sale of 14,500 shares at…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Boeing’s space and defense chief exits in new CEO’s first executive move By Reuters
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By Joe Brock, David Shepardson, and Tim Heffer Boeing Co said Friday the head of its embattled space and defense unit will leave the company immediately, in the first management shakeup under new CEO Kelly Ortberg. Ortberg, who took over in August, said Ted Colbert will step down and Steve…
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NextNav’s chief accounting officer sells shares worth $5,799 By Investing.com
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In a recent transaction on September 19, Shams Sammad, chief accounting officer of NextNav Inc. (NASDAQ:NN (NASDAQ:)), sold shares in the company. The transaction involved the sale of 735 shares of common stock at $7.89 per share, for a total of approximately $5,799. The sale was made to satisfy tax…
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NextNav’s chief accounting officer sells shares worth $5,799 By Investing.com
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In a recent transaction on September 19, Shams Sammad, chief accounting officer of NextNav Inc. (NASDAQ:NN (NASDAQ:)), sold shares in the company. The transaction involved the sale of 735 shares of common stock at $7.89 per share, for a total of approximately $5,799. The sale was made to satisfy tax…
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Tara Risser Joins Cologix As Chief Business Officer
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Article Content Respected data center industry leader joins to accelerate growth and expansion DENVER, Sept. 18, 2024 (GLOBE NEWSWIRE) — CologixCologix, the leading data center and networking company in North America, today announced the appointment of Tara Reeser as Chief Business Officer. Reeser brings 25 years of experience in the…
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ILA chief: We must increase land supply to halt price rises
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Director General of the Israel Land Authority Yanki Quint spoke today about the land sale in Kibbutz Ha’On at the Globes conference on Kibbutz Momentum, held in cooperation with Israel Discount Bank. Quint explained to Globes editor Bar Lavi that Kibbutz Ha’On is being dismantled, turned into a community settlement…
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What a Chief AI Officer would unlock for your business
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AI innovation continues to rise at a tremendous rate – research by McKinsey reveals that 72% of companies have implemented AI in at least one business function. In response to the increasing adoption of AI by businesses, more companies are beginning to appoint AI CEOs to help harness the benefits…
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Israel’s budget chief warns on jump in interest rate costs
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Senior finance ministry officials warned of higher interest rates due to the state budget breach, economic uncertainty and war, saying that “increasing the budget framework could be dangerous for the economy and a negative signal to investors.” The Knesset Finance Committee today discussed a NIS 3.5 billion breach of the…