Tag: Corporate management

CEO calls FirstEnergy’s conduct ‘wrong and unacceptable’

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CLEVELAND — FirstEnergy Corp.'s conduct in secretly funding a $60 million bribery scheme to win a $1 billion bailout for two nuclear power plants...

Haiti leader’s slaying exposes role of ex-Colombian soldiers

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BUCARAMANGA, Colombia — As the coronavirus pandemic squeezed Colombia, the Romero family was in need of money to pay the mortgage. Mauricio Romero Medina's...

Publisher Scholastic Inc. names Peter Warwick its new CEO

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NEW YORK — Scholastic Inc. has appointed a successor to longtime president and CEO Richard Robinson, who died last month. Peter Warwick, an independent...

Biden: Social media platforms ‘killing people’ with misinfo

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WASHINGTON — President Joe Biden said Friday that social media companies are “killing people” by failing to police misinformation on their platforms about COVID-19...

Video games coming to Netflix? Latest hiring offers a clue

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SAN RAMON, Calif. — Netflix has hired veteran video game executive Mike Verdu, signaling the video streaming service is poised to expand into another...

Firm hacked to spread ransomware had previous security flaws

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For 21 years, the software company Kaseya labored in relative obscurity — at least until cybercriminals exploited it in early July for a massive...

Touting new trains, Amtrak CEO foresees riders heading back

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DETROIT — Amtrak is betting big on a return of ridership. ...

California men plead guilty in Florida to $1.3B fraud scam

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MIAMI — Two more California men have pleaded guilty in South Florida for their roles in a $1.3 billion real estate fraud scheme that...

As fears about climate grow, Siemens CEO sees opportunities

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DETROIT — As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to...

G20 ministers take up plan to deter cross-border tax dodging

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Finance ministers from the Group of 20 countries will push for agreement on proposals backed by U.S. President Joe Biden to deter tax dodging...