Four of the nation’s most powerful CEOs beamed into a Capitol Hill hearing Wednesday and raised their hands to swear to tell the truth as they faced a barrage of questions on one major issue: Are their companies too big and powerful for America’s good?
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Amazon chief executive Jeff Bezos testified that he couldn’t confirm that the company didn’t use data it collects regarding sales of products in its marketplace to launch its own private-label goods. It was among the most surprising revelations during a day-long …
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The UK car industry produced the lowest number of vehicles in the first half of 2020 since 1954, when second world war rationing ended, as the coronavirus pandemic forced factory closures and prompted at least 11,000 automotive job losses. Only 381,357 …
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Shares in Pilgrim’s Pride Corp. PPC, +0.93% fell 4% in the extended session Wednesday after the chicken producer reported a second-quarter loss and a decline in sales. Fabio Sandri, interim CEO of Pilgrim’s (CEO Jayson Penn began a leave of absence …
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LAS VEGAS — The MGM Resorts International board of directors announced Wednesday that it elected William J. Hornbuckle CEO and president. Hornbuckle has been serving the company as acting CEO and president since March, succeeding Jim Murren.
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