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Chris Licht, the embattled chief executive and chairman of CNN, whose brief one-year tenure at the network was stained by a series of severe missteps, will depart the company. “I met with Chris and he will be leaving CNN,” David Zaslav, the chief executive of parent company Warner Bros. Discovery, told CNN employees at the start of the network’s daily editorial call Wednesday. Licht’s departure, which came days after a devastating 15,000-word profile in The Atlantic, capped a tumultuous year for CNN, marked by layoffs, historically low ratings, and rock-bottom employee morale. In the wake of The Atlantic article, Licht...

Target is scrambling to try to deal with the uproar over its moves to promote LGBTQ clothing and products for kids, including books for children aged# 2-8 titled “Bye Bye, Binary,” “Pride 1,2,3,” and “I’m Not a Girl.” The store got a lot of outrage for targeting children. Outraged shoppers also complained about swimsuits offering “tuck-friendly” and “extra crotch coverage” in the children’s section. The company claims those are adult swimsuits, not directed toward children.Target @Target in damage control mode to avoid another go woke go broke “Bud Light” boycott disaster. Is it too little too late?#tuckfriendly #TargetGroomers #TargetGoWokeGoBroke pic.twitter.com/N7x5x7Af8x—...

Elon Musk has hired former NBCUniversal executive Linda Yaccarino as the next Twitter CEO. "I am excited to welcome Linda Yaccarino as the new CEO of Twitter," Musk, the current Twitter CEO, tweeted Friday. "@LindaYacc will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app." Yaccarino's appointment comes as the platform has been in turmoil, with mass resignations and some companies pausing advertising, since the Musk acquisition in October. She previously spent 11 years with NBCUniversal where she most recently...

Elon Musk’s search for a Twitter CEO is over and reports say Linda Yaccarino is in talks to replace him as chief—she is a seasoned ad executive whose arrival would likely soothe skittish advertisers following months of drastic overhauls to content moderation and verification, but whose background may alienate some of the billionaire’s loyal and free speech-loving fan base. Key Facts Yaccarino was chairman of global advertising and partnerships at NBCUniversal (NBCU), where she worked for more than a decade and manages a global team of 2,000 people who have generated more than $100 billion in ad sales, according to...

After alienating "fratty" customers and hiring biological male Dylan Mulvaney to promote Bud Light, resulting in a $5 billion loss over the past few days, Anheuser-Busch CEO Brendan Whitworth is finally weighing in. "As the CEO of a company founded in America’s heartland more than 165 years ago, I am responsible for ensuring every consumer feels proud of the beer we brew, We’re honored to be part of the fabric of this country. Anheuser-Busch employs more than 18,000 people and our independent distributors employ an additional 47,000 valued colleagues. We have thousands of partners, millions of fans and a proud...

JPMorgan Chase CEO Jamie Dimon said in his annual shareholder letter Tuesday that the government may need to seize private property to advance clean energy initiatives. Dimon discussed the need to quickly begin investing in solar projects and other green initiatives and suggested that the government should use eminent domain to seize property for those projects. “At the same time, permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke [sic] eminent domain – we simply are not getting the adequate investments fast enough for grid, solar,...

Sens. Sheldon Whitehouse (D-R.I.) and Jeff Merkley (D-Ore.) pressed Norfolk Southern CEO Alan Shaw Thursday on the railroad’s history of lobbying against stricter safety regulations at a Senate Environment and Public Works Committee hearing on the derailment of a Norfolk Southern train in East Palestine, Ohio. Whitehouse specifically cited a 2015 Obama-era regulation that required more modern electronic brakes for trains carrying hazardous materials, which Norfolk Southern called “not in the public interest” and lobbied to weaken before the Trump administration scrapped it outright in 2018.

British energy giant Shell ensured the pay package for the company’s CEO jumped by half last year to nearly $12 million as oil and gas companies made record profits from runaway energy costs and consumers struggled with a global cost-of-living crisis. AP reports London-based Shell paid Ben van Beurden a total of $11.5 million in 2022 as annual company profits doubled to an all-time high of $40 billion because Russia’s war in Ukraine sent oil and gas prices soaring. Van Beurden stepped down at the end of last year after 40 years at the company.

On Sunday, Elon Musk posted a Twitter poll asking, “Should I step down as head of Twitter?” and promised to “abide by the results” of the poll.Nearly 17 million users voted, and 58% said yes.Musk has previously stuck to his word that he’d abide by the results of polls he’s conducted, but the anti-free speech left shouldn’t get too excited that he’ll actually step down as CEO.In a separate tweet, Musk added, “The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive.”Then, in response to a tweet suggesting that Musk already has...

He was perhaps too buzzed on Thanksgiving. A Florida business owner has been busted after his girlfriend accused him of drunkenly battering her with her sex toy. Christopher Pacitto, the 45-year-old CEO and owner of Velocity Engineering Services, was arrested after a 4:30 a.m. bust-up with his girlfriend at a St. Petersburg motel on Thanksgiving Day, an arrest affidavit shows. During an argument, the 6-foot-2, 300-pound business owner started packing his bags — then throwing all of his girlfriend’s items out onto the floor, the complaint says. “During that process” he “hit her with a sex toy on her torso,...

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher reacted to former FTX CEO Sam Bankman-Fried’s donations to Democrats by stating that the FTX situation is a case where people thought, “as long as you’re on our team, we don’t care,” and the situation “has a very Epstein feel” where the thinking was “He’s one of us, he’s on our side, he donates to our causes, we don’t need to look too hard into the fact that he’s a con man.”

Conspiracy theorists celebrated this week after the arrest of the CEO of an election software company, who they accused of flipping the 2020 election to President Joe Biden. But is their rejoicing actually valid? The fiasco began on Monday after the New York Times released an article centered around a small elections company in Michigan that had become the target of unfounded voter fraud claims. The company, known as Konnech, had been accused of not only having secret ties to China but of giving the Chinese Communist Party backdoor access to personal data on roughly two million poll workers in...

CEO of Pfizer had four shots of mRNA, but then caught COVID twice in the past two months. Do the shots interfere with your natural immune response to COVID? https://t.co/Fq22oDzwqL— Thomas Massie (@RepThomasMassie) September 24, 2022 JUST IN – Pfizer CEO has COVID for the second time in 6 weeks.— Disclose.tv (@disclosetv) September 24, 2022

The “Great Resignation” is causing waves across the workforce, but not in places you might expect. While plenty of attention has been devoted to Gen Z employees switching jobs in record numbers, new data shows the C-suite is struggling too. Deloitte reports around 70% of high-level executives are seriously considering quitting their jobs, largely to improve their emotional well-being. In fact, these departures are already underway. According to a recent report conducted by Challenger, Gray & Christmas, over 650 CEOs left their jobs in 2022. What’s behind this exodus of leaders? Workers across all industries have been deeply impacted by...

Jim Smith – whose concurrent roles as a Pfizer board member and Reuters CEO appear to pose a conflict of interest – serves as a board member of the World Economic Forum’s anti-corruption initiative. Smith’s leading role with the World Economic Forum’s (WEF) Partnering Against Corruption Initiative follows controversy over his position at the pharmaceutical giant and mainstream media outlet, which frequently reports on Pfizer. Reuters has published tens of thousands of articles covering or mentioning Pfizer, though the articles never disclose Smith’s affiliation with either entity. Smith serves on the board of the WEF’s Partnering Against Corruption Initiative, dubbed...

Starbucks considers walking back its “all inclusive” bathroom policy, first instituted in 2018 following the arrest of two black men at a store in Philadelphia who were denied bathroom use until they made a purchase. The policy was an unmitigated disaster as Starbucks bathrooms in some areas of the country transformed into homeless shelters and a safe space for drug addicts to shoot up. CEO Howard Schultz appears to have found a possible out to reverse former CEO Kevin Johnson’s disastrous open bathroom policy. Speaking on Thursday at NYTimes‘ DealBook D.C. policy forum, Schultz said increasing threats to public safety...

Democrats on a subcommittee of House Energy and Commerce Committee grilled oil executives Wednesday over the disparities between oil and gas prices, while the committee’s Republican members framed high prices as a consequence of Biden administration energy policies. Oversight and Investigations Subcommittee Chair Diana DeGette (D-Colo.) confronted the witnesses, who included executives from BP, Chevron, ExxonMobil, Devon Energy and Shell and Pioneer Natural Resources, directly asking them “Why is there a disconnect between the falling price of crude oil and the fact that the cost of gas is staying the same?”

Microsoft CEO Satya Nadella’s son, Zain, died at age 26 on Monday following a lifelong battle with cerebral palsy, according to reports. The tech firm informed its top executives of Zain Nadella’s passing in an email. The message asked the executives to send their thoughts and prayers to the Nadella family. Nadella’s son — the eldest of his three children — experienced asphyxiation in utero and was born weighing just 3 pounds. Zain Nadella received care at Seattle Children’s Hospital for much of his life.

“Wokeness” has oozed into every facet of American society. From education to entertainment, Americans are regularly taught that equality of outcome trumps opportunity, whiteness is bad, and America itself is even worse. Even the C-suite has gone “woke,” reading the left-wing tea leaves on social media to score cheap political points. BlackRock CEO Larry Fink—a longtime fossil-fuel investor and supporter of the Chinese Communist Party—is now determined to end climate change through “the decarbonizing of the global economy.” According to WarnerMedia CEO Jason Kilar, his company’s black employees “wake up every day and have fear,” as “their children cringe with...

With his companies miracle drug (vaccine) out for a little over a year, the CEO of Moderna, Stéphane Bancel, has gotten busy selling off his stock shares and then deleted his twitter account. Now that corona virus is defeated, and the twin hero companies of Moderna and Pfizer riding high, some may think this is odd behavior but maybe he just felt like his work here was done, and just wants to move on? This comes shortly after a former Blackrock executive began investigating the death statistics from insurance companies and funeral homes. Overall, he has dumped $400 million in...