Apple CEO Tim Cook received $98.73 million in compensation in the company’s fiscal 2021, according to an SEC filing published on Thursday. The pay disclosure comes after a stellar year for Apple in which it reported 33% revenue growth and more than $365 billion in sales. The disclosure covers Apple’s fiscal year, ... Read More »
Apple said sales for the current quarter would most likely be lower than Wall Street expected, a signal that it continues to face weak demand for the iPhone, especially in China. Apple said it bought back $8.2 billion worth of shares in the quarter ended in December, less than half ... Read More »
Walmart CEO Doug McMillon on the future of the retail industry 12 Hours Ago | 08:36 Walmart is doing its best to keep prices unaffected by the U.S.-China trade war, but if things escalate it could be a different story, CEO Doug McMillon said Thursday. “We worry about next spring, ... Read More »
The CEO of the largest German lender has underlined the dramatic shifts that the banking industry faces over the next five years with technology due to play a “key” role in this period of change. “We are placing our bets on technology,” John Cryan, the chief executive officer of Deutsche ... Read More »
Flipkart founders Sachin Bansal and Binny Bansal have handed over the operational control of the company they built over the past decade to Kalyan Krishnamurthy, the nominee of marquee American investor Tiger Global. Krishnamurthy was on Monday named the new chief executive officer (CEO) of the Bengaluru-based company. He replaced ... Read More »
New York: The head of India’s largest stock exchange, which is facing questions about whether the fastest traders have an unfair advantage, said it’s a challenge to balance the needs of investors with vastly different technological capabilities. “You have, on one hand, brokers which are one-terminal shops and then you ... Read More »
Pfizer Inc’s chief executive on Thursday said recent proposals by Democratic presidential candidate Hillary Clinton to curb “unjustified” U.S. drug prices would dampen investment in innovative new drugs and ultimately hurt consumers. “(They) would be very negative for innovation,” Ian Read said in webcast from the annual Wells Fargo healthcare ... Read More »
Rose Marcario, CEO of outdoor clothing company Patagonia, believes providing employees with high quality on-site child care isn’t just is good for families – it’s good for the bottom line. “It’s true, there are financial costs to offering onsite child care, and they can be expensive if you offer high-quality ... Read More »
Zee Learn Ltd, the education arm of Essel Group, has appointed former Manipal Global Education Services executive Debshankar Mukhopadhyay as chief executive officer, as per a press statement. Mukhopadhyay, who was previously heading the educational sales – financial services & insurance division at Manipal, has over two decades experience in ... Read More »
Britain is paying the price for a high level of inequality and a chronic lack of investment in education which have prompted a disillusioned population to vote to leave the European Union, Credit Suisse Chief Executive Tidjane Thiam said on Sunday. Britain voted in a referendum on June 23 to ... Read More »
Roche (ROG.S) is increasingly confident it will continue to lift sales and profit even as cut-rate copies of the Swiss drugmaker’s older cancer medicines start to grab business next year, its chief executive said on Wednesday. Big wins for three new drugs in recent months have helped to offset what ... Read More »
BHP Billiton Chief Executive Andrew Mackenzie said on Monday that businesses could face a decade of damaging uncertainty if Britain voted to leave the European Union in a June 23 referendum. Mackenzie, boss of the world’s biggest mining company, said a vote for Brexit would inflict a serious blow on ... Read More »
