CEO News

Jeff Bezos Reveals First Recipients of $10 Billion Earth Fund

November 18, 2020
Around $791 million will be issued as part of the first round of funding, which will be spread across 16 environmental organisations.
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Boeing 737 Max Approved to Fly Again in the US

November 18, 2020
After two fatal crashes caused its grounding in 2019, Boeing’s bestselling plane may return to the air before year’s end.
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Tesla to Join S&P 500 in December

November 17, 2020
The announcement has triggered new enthusiasm for Tesla shares and a multi-billion dollar boost to Elon Musk’s net worth.
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Hut Group CEO to Receive £830 Million Share Bonus

November 17, 2020
Matthew Moulding’s stock windfall, thought to be the largest ever received by a UK CEO, follows a blockbuster IPO.
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Walmart Plans to Sell $1.6 Billion Stake in Seiyu

November 16, 2020
The sale of its 85% interest in the supermarket chain would almost completely divest Walmart’s interests in Japan.
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SpaceX Launches Astronauts in First Private Space Flight

November 16, 2020
The flight forms the first part of a six-month mission, which will be conducted using a commercial spacecraft for the first time.
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Moderna’s Stock Rally Makes Bob Langer a Billionaire

November 13, 2020
The MIT engineer’s 3% stake in the company has reaped enormous profits as progress on its COVID-19 vaccine continues.
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WHSmith to Shut Stores Following £280 Million Loss

November 12, 2020
The UK high street mainstay is looking to make permanent cutbacks to address its COVID-19 damages.
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IEA: Renewables Surge, Oil in for Glacial Recovery

November 12, 2020
While investor appetite for renewable energy continues to soar, oil may not recover until well into 2021.
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Alibaba Generates $70.6 Billion in Singles’ Day Sales

November 11, 2020
The Chinese tech giant boasted eye-popping sales, but the event was overshadowed by looming anti-monopoly regulations.
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Huawei to Sell Honor Smartphone Division for $15 Billion

November 10, 2020
A consortium of Chinese companies and government bodies will help the telecoms giant to refocus its business under US sanctions.
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McDonald’s to Introduce Plant-Based Fast Food

November 10, 2020
The “McPlant” burger will join a line of plant-based substitutes for chicken and breakfast sandwiches on the McDonald’s menu.
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