newszine

Exclusive: Walmart's Chief Technology Officer leaves company as e-commerce wars flare

3 days ago DieselGasoil Comments Off on Exclusive: Walmart's Chief Technology Officer leaves company as e-commerce wars flare
WASHINGTON (Reuters) – Walmart Inc. Chief Technology Officer Jeremy King is leaving the company, according to an internal company memo, even as the retailer races to transform its e-commerce business and close the gap with rival Amazon.com Inc. Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Read More

Zuckerberg’s new ‘privacy-focused vision’ for Facebook is just PR and damage control

2 weeks ago DieselGasoil Comments Off on Zuckerberg’s new ‘privacy-focused vision’ for Facebook is just PR and damage control
Mark Zuckerberg is on a mission to rehabilitate Facebook’s image. The CEO announced his new “privacy-focused vision” for the social media platform this week – but it looks more like a PR stunt than anything else. “Privacy gives people the freedom to be themselves and connect more naturally, which is why we build social networks,” Read More

CEOs tell Trump they are hiring more Americans without college degrees

2 weeks ago DieselGasoil Comments Off on CEOs tell Trump they are hiring more Americans without college degrees
WASHINGTON (Reuters) – Chief executives of major companies said at a White House forum on Wednesday that they are hiring more Americans without college degrees as they search to find increasingly scarce applicants for open jobs. Apple CEO Tim Cook talks with U.S. President Donald Trump as they participate in an American Workforce Policy Advisory Read More

Easier for China to face tariffs than bend to U.S. pressure

3 weeks ago DieselGasoil Comments Off on Easier for China to face tariffs than bend to U.S. pressure
BEIJING (Reuters) – China will acknowledge concessions made in any trade deal with the United States for the sake of stabilizing shaky relations, but is unlikely to yield to demands it alter its economic model even if faced with continued tariffs, many trade experts believe. FILE PHOTO: Shipping containers are seen at a port in Read More

AT&T plans to revamp CNN’s digital arm: WSJ

3 weeks ago DieselGasoil Comments Off on AT&T plans to revamp CNN’s digital arm: WSJ
FILE PHOTO – President and CEO of AT&T Operations John Stankey listens to a question from a Reuters reporter during a Reuters Global Technology Summit in New York May 14, 2010. REUTERS/Jessica Rinaldi NEW YORK (Reuters) – John Stankey, the AT&T executive at the helm of WarnerMedia, is planning to revamp cable news network CNN’s Read More

White House to host CEOs for workforce advisory meeting

3 weeks ago DieselGasoil Comments Off on White House to host CEOs for workforce advisory meeting
WASHINGTON (Reuters) – The White House on Wednesday is hosting major chief executives who joined a Trump administration advisory board on workforce issues. The White House seen from outside the north lawn fence in Washington September 22, 2014. The Texas man accused of breaking into the White House while armed with a knife is a Read More

Elliott pushes for Hyundai shareholder support after dividend proposals rejected

3 weeks ago DieselGasoil Comments Off on Elliott pushes for Hyundai shareholder support after dividend proposals rejected
SEOUL (Reuters) – Elliott Management Corp on Wednesday urged shareholders of a Hyundai Motor Group firm to vote for its proposal for higher dividends and new board members, a day after the South Korean conglomerate rejected demands by the U.S. activist investor. FILE PHOTO: Employees of Hyundai Motor Group attend the company’s new year ceremony Read More

Ahold says on course to meet U.S. online sales growth targets

3 weeks ago DieselGasoil Comments Off on Ahold says on course to meet U.S. online sales growth targets
AMSTERDAM (Reuters) – Ahold Delhaize, which operates supermarkets in Europe and the United States, is on track to meet a 20 percent U.S. online sales growth target this year as it opens automated grocery distribution points along the East Coast, its chief executive said on Wednesday. The Ahold Delhaize logo is seen at the company’s Read More

Hyundai rejects Elliott's payout call, shares rise ahead of showdown meeting

3 weeks ago DieselGasoil Comments Off on Hyundai rejects Elliott's payout call, shares rise ahead of showdown meeting
SEOUL (Reuters) – Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea’s second-biggest conglomerate. FILE PHOTO: Chief Vice Chairman of Hyundai Motor Group Chung Eui-sun delivers his speech during the company’s Read More