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Oct 14 2024BUSINESS

Nike’s New Boss: A Fresh Start Amid Challenges

Nike has a new leader at the helm—Elliott Hill. He started his job on Monday, taking over a company facing tough times. Sales are down, and the stock price isn't looking great. Hill, a long-time Nike employee, retired in 2020 but is now back to steer the company through these choppy waters. Nike's

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Oct 14 2024BUSINESS

Boeing Workers' Strike: A Month In, What's the Plan?

It's been over a month since Boeing's machinists started their strike, rejecting a contract offer from the company. The ongoing standoff is causing Boeing's new CEO, Kelly Ortberg, some serious headaches. The union and Boeing are still at odds, with negotiations falling apart and production coming t

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Oct 14 2024BUSINESS

Hollywood's CEO Shakeups: A Real-Life Drama

Hollywood is in the midst of a real-life power struggle. The entertainment industry is facing major CEO changes, and it's not always going smoothly. Take Sony, for example. The transition from Tony Vinciquerra to Ravi Ahuja seems to be a rare success story. But this isn't always the case. Just look

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Oct 14 2024BUSINESS

A Young CEO's Dream: Dolls with Curls and Coils

When Zoe Oli was just 6 years old, she noticed something different about her hair compared to her classmates. Most of her peers had straight hair, while Zoe had curls and coils. She didn't see many other Black girls at her school, and her peers' questions and comments made her feel uncomfortable. Zo

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Oct 13 2024BUSINESS

Boeing's Big Shift: Layoffs After Lavish Spending

Boeing, the world-famous plane manufacturer, has hit a rough patch. The company's new CEO, Kelly Ortberg, has announced that about 10% of the workforce will be laid off in the coming months. This news has sparked conversations about the company's past spending habits. Between 2010 and 2019, Boeing s

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Oct 11 2024BUSINESS

CEO Tavares Steps Down in 2026; Stellantis Faces Industry Challenges

Stellantis, the multinational automaker, announced on Friday that its CEO, Carlos Tavares, will retire in early 2026. This decision comes amid what Tavares described as a "Darwinian period" in the global auto industry. The company has also been struggling with falling sales; in the third quarter of

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Oct 09 2024BUSINESS

CEOs Getting Canned for Office Romances

For a long time, CEOs could get away with having relationships with employees. But now, companies are taking a tougher stance. The railroad Norfolk Southern fired its CEO, Alan Shaw, for a consensual relationship with the company's chief legal officer. This shows how seriously companies now take exe

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Oct 09 2024POLITICS

Weather Extremes and Their Impact

Have you ever wondered what happens when the weather gets too extreme? It's not just about the temperature or rainfall anymore; it's about how these changes affect us and our environment. Let's dive into the world of extreme weather and see what's going on. First, let's talk about why extreme weath

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Oct 07 2024BUSINESS

Target's CEO on Combating Retail Crime: Progress and Plans

Brian Cornell, Target's CEO for a decade, has seen improvements in retail crime management. He admitted that securing essential items isn’t ideal but it keeps stores open. The future holds more of the same – body wash, deodorant, and undergarments will stay behind glass barriers, requiring hand swip

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Oct 07 2024POLITICS

Why Are Drugs Like Ozempic and Wegovy So Expensive in the U. S. ?

Imagine a world where drugs cost differently based on where you live. That's what happened at a recent Senate hearing in Washington, D.C. Novo Nordisk's CEO, Lars Fruergaard Jorgensen, was asked some tough questions about the high prices of two important medications: Ozempic for diabetes and Wegovy

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