Category: Executive
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UnitedHealthcare’s chief executive was shot dead. Why did thousands react with glee?
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The apparent assassination of UnitedHealthcare CEO Brian Thompson on a midtown Manhattan sidewalk on Wednesday unleashed an extraordinary outpouring of emotion. But it’s not all horror and sadness after a 50-year-old father of two was shot dead in a public place by a masked man. It inspired Thompson’s death A…
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Binance Executive Too Sick For Court, Nigerian Trial Postponed
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Prison authorities in Nigeria have announced that Binance CEO Tigran Gambaryan is in custody “Very sick” Preventing him from appearing in court again to stand trial. This is the main concern raised by his wife nearly two months ago, saying Gambarian’s health condition had deteriorated sharply since his arrest in…
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Copper Taps Ex-Goldman Executive as CEO in Strategy Pivot
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Breadcrumb links BMN Business Cryptocurrency custodian Copper Technologies Ltd. has appointed Ammar Kuchinad, former managing director of Goldman Sachs Group, to replace Dmitry Tokarev as group CEO, as it looks to secure more traditional financial companies as clients and make inroads into the US market. Article writer: Bloomberg News Emily…
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China’s BYD expects to swiftly lift sales in Germany, executive tells FAS By Reuters
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FRANKFURT (Reuters) – Chinese electric car maker BYD (SZ:) executive vice president Stella Li said she expects its sales in Germany to increase within six months. BYD will gain a foothold in Germany in “less than half a year,” Li told the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper. She criticized EU…
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Brutal Acid Attack Prompts Executive to Hunt Down His Assailants
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Breadcrumb Trail Links PMN Business It was a cold and sunny Sunday morning on March 4, 2018, and Bernhard Günther spotted snowflakes as he walked through Haan, a quiet and leafy suburb of Düsseldorf. The area is called Musikantenviertel, or musicians’ quarter, for the street names that pay homage to…
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Brutal Acid Attack Prompts Executive to Hunt Down His Assailants
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Breadcrumb Trail Links PMN Business It was a cold and sunny Sunday morning on March 4, 2018, and Bernhard Günther spotted snowflakes as he walked through Haan, a quiet and leafy suburb of Düsseldorf. The area is called Musikantenviertel, or musicians’ quarter, for the street names that pay homage to…
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Bitcoin price could jump by 210%: mining executive predicts
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A top Bitcoin mining executive expects prices to continue rising in the ongoing bull market cycle. In an interview with Bernstein, a Wall Street major, the CEO of CleanSpark predicted that Bitcoin (BTC) will rise to $200,000 in the next 18 months. If his point of view is correct, he…
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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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Eliem therapeutics executive sells over $9,000 in company stock By Investing.com
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According to a new filing with the U.S. Securities and Exchange Commission, Emily Pimblett, chief accounting officer of Eliem Therapeutics, Inc. (NASDAQ:ELYM), recently sold a portion of her company’s stock. The transactions, which took place on September 20, 2024, involved the sale of 1,182 shares at $8.18 each and 9…
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Eliem therapeutics executive sells over $9,000 in company stock By Investing.com
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According to a new filing with the U.S. Securities and Exchange Commission, Emily Pimblett, chief accounting officer of Eliem Therapeutics, Inc. (NASDAQ:ELYM), recently sold a portion of her company’s stock. The transactions, which took place on September 20, 2024, involved the sale of 1,182 shares at $8.18 each and 9…
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Nike names former executive Elliott Hill as CEO
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Nike Inc. (NKE) announced a new chief executive on Thursday, sending its shares up about 10% in after-hours trading as the company tries to revive sluggish sales growth amid increased competition. Elliott Hill, a former Nike executive who retired in 2020, will return to the company as CEO and president…
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ACV auctions executive sells $1.5 million in company stock By Investing.com
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According to a recent filing with the Securities and Exchange Commission, Michael Waterman, chief sales officer of ACV Auctions Inc. (NASDAQ:ACVA), sold 75,000 shares of the company’s stock. The shares were sold on September 17, 2024, at an average price of $20.24, for a total net proceeds of approximately $1.5…
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SoundThinking executive sells shares worth nearly $2,000 By Investing.com
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Nasim Golzadeh, CEO of SoundThinking, Inc. (NASDAQ:SSTI) and executive vice president of Investigative Solutions, recently sold a portion of his stake in the company. The deal involved the sale of 166 shares of common stock on September 10, at prices ranging from $11.92 to $12.01, for a total of nearly…
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Energy Transfer’s Co-CEO and Executive Chairman Just Added to Their Stakes in the Company. Should You Invest in It Too?
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Insiders have purchased units of energy transfer (NYSE: ET) Apple recently bought another 3 million units from the marketing giant, while the company’s co-CEO Thomas Long bought an additional 20,000 units. Warren now owns about 301.5 million units, while Long now has about 1.1 million units, according to data from…
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Ginkgo Bioworks executive sells over $1,900 in stock By Investing.com
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According to the latest filings with the U.S. Securities and Exchange Commission, an executive at Ginkgo Bioworks Holdings, Inc. (NYSE: Ginkgo), a leading biotech company, recently conducted a stock transaction. Stephen P. Quinn, the company’s chief accounting officer, sold a total of 316 shares of Class A common stock on…
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Expert Says Warren Buffett’s Top Executive Ajit Jain Sold Berkshire Hathaway Stake Because ‘The Stock Was Fully Pricing The Business’
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Warren Buffett’s CEO Ajit Jain sold his stake in Berkshire Hathaway because “the stock was setting the price of the entire business,” one expert says. Berkshire Hathaway Ltd. (NYSE: BRK) (NYSE: BRK) The executives have recently made big sales. of the company’s shares, raising questions about its market valuation. The…
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International Seaways executive sells $49,750 in stock By Investing.com
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According to the latest filings with the U.S. Securities and Exchange Commission, Solon Derek Gee, senior vice president of International Seaways, Inc. (NYSE: ), recently sold shares of the company’s stock. The deal, which took place on September 12, involved the sale of 1,000 shares at $49.7503 per share, for…
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Room to hike Kors prices seen in Tapestry-Capri merger, executive testifies By Reuters
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Written by Siddharth Kavali NEW YORK (Reuters) – Fashion retailer Tapestry Holdings Inc has room to raise prices and cut discounts on rival Capri’s Michael Kors brand if the two companies merge, a top executive at the company said on Tuesday, as regulators seek to block the $8.5 billion deal.…
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Westpac appoints Anthony Miller as new chief executive officer By Reuters
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(Reuters) – Westpac Banking Corp, Australia’s third-biggest lender, said it had appointed Anthony Miller as its new chief executive and managing director on Monday, effective from December 16, 2024. Miller joined the company in 2020, having served as CEO of Westpac’s Business and Wealth division. He succeeds Peter King, who…
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Former executive risks 40 years in prison after allegedly doling out cash bribes at hotels, airports, and in a parking lot
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Former Vitol oil trader Javier Aguilar faces up to 40 years in prison and will forfeit more than $7.1 million in two U.S. bribery cases after pleading guilty in federal court. Aguilar, 50, had already been convicted in Brooklyn, New York, in February of orchestrating a complex scheme to bribe…