Corporate management

1010 WINS Newsroom
February 13, 2020 - 11:29 am
ST. LOUIS (AP) — The CEO of a health care company whose holdings include a hospital in St. Louis is under civil and criminal investigation, the St. Louis Post-Dispatch reported Thursday. The newspaper cited a court filing in which the U.S. Trustee’s office accused Americore Holdings’ CEO Grant...
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FILE - In this June 18, 2015, file photo, an Airbus A380 takes off for its demonstration flight at the Paris Air Show in Le Bourget airport, north of Paris. Commercial airliner maker Airbus is releasing 2019 earnings on Thursday, Feb. 12. (AP Photo/Francois Mori, file)
1010 WINS Newsroom
February 13, 2020 - 4:47 am
FRANKFURT, Germany (AP) — Airbus' chief executive said Thursday that his company sees no short-term benefit from Boeing's troubles with its grounded 737 MAX because the competing A320 is sold out years ahead. CEO Guillaume Faury said that safety was a shared concern in the industry. He made the...
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FILE - In this Oct, 29, 2018 file photo James Murren, CEO of MGM Resorts International, participates in a news conference in New York. Murren the head of casino giant MGM Resorts International says he'll step down as company chairman and chief executive as soon as the company leaders find his successor. Murren was praised in a company statement Wednesday, Feb. 12, 2020, saying he informed the corporate board he intends to leave before his contract expires, at the end of 2021. (AP Photo/Seth Wenig,File)
1010 WINS Newsroom
February 12, 2020 - 7:35 pm
LAS VEGAS (AP) — Jim Murren, the head of casino giant MGM Resorts International, says he’ll step down as chairman and chief executive as soon as the company finds a successor. Murren has led the company since 2008. A corporate statement Wednesday said he intends to leave before his contract expires...
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FILE - In this May 30, 2019, file photo, the new HealthHUB is shown inside a CVS store in Spring, Texas. CVS Health reports financial results on Wednesday, Feb. 12, 2020. (AP Photo/David J. Phillip, File)
1010 WINS Newsroom
February 12, 2020 - 11:06 am
CVS Health swung to a fourth-quarter profit and is starting the new year with a management shakeup for its largest business. The company will replace Derica Rice with Dr. Alan Lotvin as the leader of its pharmacy benefit management segment. CVS Health also named former Concerto Healthcare executive...
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FILE -In this Nov. 21, 2011 file photo, shoppers pause outside of the Fifth Avenue FAO Schwarz in New York. Under Armour said Tuesday, Feb. 11, 2020, that it may scuttle the opening of its flagship store inside the space formerly occupied by the iconic FAO Schwarz toy store in New York City. (AP Photo/Bebeto Matthews, File)
1010 WINS Newsroom
February 11, 2020 - 5:52 pm
NEW YORK (AP) — Under Armour's shares plummeted Tuesday after the company said it anticipates a big financial hit from the viral outbreak in China. It also said it may need to book hundreds of millions of dollars in charges as it restructures its business. The athletic gear maker expects the...
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FILE - In this Wednesday, Nov. 20, 2019, file photo, U.S. Ambassador to the European Union Gordon Sondland testifies before the House Intelligence Committee on Capitol Hill in Washington, during a public impeachment hearing of President Donald Trump's efforts to tie U.S. aid for Ukraine to investigations of his political opponents. President Donald Trump has ousted Sondland, who gave damaging testimony in impeachment inquiry. (AP Photo/Andrew Harnik, File)
1010 WINS Newsroom
February 08, 2020 - 9:42 am
WASHINGTON (AP) — Exacting swift punishment against those who crossed him, an emboldened President Donald Trump ousted two government officials who had delivered damaging testimony against him during his impeachment hearings. The president took retribution just two days after his acquittal by the...
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FILE - In this March 28, 2018 file photo, Jim Farley, Jr. executive vice president and president of Global Markets of the Ford Motor Company, is shown in this photo during New York International Auto Show. Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV. A person briefed on the matter says that automotive President Joe Hinrichs will retire from the company. Farley, president of new business and strategy, will become chief operating officer. The person didn't want to be identified because the moves haven't been formally announced. Ford has scheduled a conference call with reporters for later Friday, Feb. 7, 2020 (AP Photo/Richard Drew, File)
1010 WINS Newsroom
February 07, 2020 - 12:43 pm
DETROIT (AP) — Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV. The Dearborn, Michigan, company says that automotive President Joe Hinrichs will retire effective March 1. Jim Farley, president of new business and...
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FILE -- In this Nov. 19, 2015 file photo Tidjane Thiam, CEO Credit Suisse, informs the shareholders about a capital increase during an extraordinary general assembly in Bern, Switzerland. Credit Suisse said Chief Executive Officer Thiam is resigning. Thiam will be replaced by Thomas Gottstein, a 20-year veteran of the bank who leads the Swiss unit. (Dominic Steinmann/Keystone via AP)
1010 WINS Newsroom
February 07, 2020 - 7:24 am
GENEVA (AP) — Credit Suisse CEO Tidjane Thiam is resigning after nearly five years on the job, acknowledging that a spying scandal caused “anxiety and hurt” and tarnished the reputation of the top-drawer Swiss bank. The bank said in a statement Friday that its board had accepted Thiam's resignation...
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FILE - In this Aug. 27, 2019, file photo, the Best Buy logo is shown on a store in Richfield, Minn. Best Buy said Tuesday, Feb. 4, 2020, that CEO Corie Barry will continue to lead the company after its board completed an investigation into allegations against her in an anonymous letter. (AP Photo/Jim Mone, File)
1010 WINS Newsroom
February 04, 2020 - 6:39 pm
NEW YORK (AP) — Best Buy said Tuesday that CEO Corie Barry will continue to lead the company after its board completed an investigation into allegations against her in an anonymous letter. The company did not disclose what the investigation found, but said that Barry “fully cooperated” with the...
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FILE - This April 25, 2016, file photo shows the top of the Tribune Tower on Michigan Avenue in Chicago. Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and navigates the ongoing shift to online media, the Chicago-based company said in a statement Monday, Feb. 3. 2020. (AP Photo/M. Spencer Green, File)
1010 WINS Newsroom
February 03, 2020 - 7:08 pm
Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and grapples with a decline in revenue as the print-ad business shrinks. The Chicago-based company, which owns the Chicago Tribune,...
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