Nissan seeks clean slate with CEO exit, but challenges remain

[ad_1] Saikawa exits stage left Crisis-hit Japanese automaker Nissan hopes the resignation of its embattled chief executive will help turn the page on the tumult unleashed by the arrest of former chief Carlos Ghosn. But the firm still faces plenty of challenges, from naming a successor to Hiroto Saikawa and repairing its alliance with partner […]

Crisis-hit Nissan CEO set to resign as board meets

[ad_1] Reports in Japan say Nissan CEO Hiroto Saikawa will step down over issues with his pay The CEO of crisis-hit Japanese automaker Nissan plans to resign, reports said Monday, as the firm’s board meets to discuss an audit launched after former chief Carlos Ghosn’s arrest over financial misconduct. Hiroto Saikawa’s reported decision to step […]

Nissan CEO Saikawa admits receiving excess pay

[ad_1] Saikawa is seeking to repair the damage at Nissan left by the ouster of Carlos Ghosn The head of crisis-hit Japanese automaker Nissan admitted Thursday he received more pay than he was entitled to but denied wrongdoing, as the firm’s former chief faces financial misconduct charges. Nissan is already mired in scandal over the […]

Twitter CEO hack highlights dangers of 'SIM swap' fraud

[ad_1] Losing control of one’s smartphone from ‘SIM swap’ fraud attacks can have potentially devastating consequences Even with considerable security precautions in place, Twitter chief executive Jack Dorsey became the victim of an embarrassing compromise when attackers took control of his account on the platform by hijacking his phone number. Dorsey became the latest target […]

US senators press Amazon CEO Bezos for answers on product safety

[ad_1] Credit: CC0 Public Domain Three Democratic senators asked Amazon CEO Jeff Bezos on Thursday to explain what the company is doing to prevent third-party sellers from selling dangerous, illegal and misleading products on its platform, and called on him to undertake “a sweeping internal investigation of your enforcement and consumer-safety policies.” “Unquestionably, Amazon is […]

Huawei CEO says company will not be crushed

[ad_1] Huawei’s founder Ren Zhengfei, speaks during an interview at the Huawei campus in Shenzhen in Southern China’s Guangdong province on Tuesday, Aug. 20, 2019. Ren said he expects no relief from U.S. export curbs due to the political climate in Washington but expresses confidence the company will thrive with its own technology. (AP Photo/Ng […]

Where'd all the stocks go? Nasdaq's CEO on shrinking market

[ad_1] In this Wednesday, July 31, 2019, photo shows NASDAQ President and Chief Executive Officer Adena Friedman speaks an interview at NASDAQ headquarters in New York. The U.S. stock market has thousands fewer companies to choose from, and that’s doing a disservice to regular investors, says Friedman. In a recent conversation with the AP, she […]

Boeing CEO still expects 737 MAX to be cleared to fly this year

[ad_1] Boeing Chief Executive Officer Dennis Muilenburg reaffirmed that the company expects the 737 MAX to resume service early in the fourth quarter after two deadly crashes Boeing’s chief executive reaffirmed Wednesday he expects the 737 MAX will be cleared to return to the skies this year, but reiterated the company could further cut production […]