CEO of charity linked to Prince Harry is handed a final warning over his ‘verbally abusive drunken behaviour’ following a five-day leadership event at Colorado retreat Richard Sharp handed a written warning over his ‘verbally abusive’ behaviour The five-day event took place at YMCA’s Estes Park in Colorado, U.S, last year International organisation was founded in … Read more
Uber axes nearly a THIRD of its staff: CEO confirms ANOTHER 3,000 job cuts in email to employees – as rides drop 80% due to coronavirus Dara Khosrowshahi confirmed to employees on Monday that 45 offices were closing The closures mean another 3,000 staff around the world will be laid off In the first week … Read more
Boeing’s CEO is predicting that a major US airline will go under by the end of the year and says it will take between three to five years for the industry to bounce back as a result of the coronavirus pandemic. In an interview with NBC’s Today on Tuesday, CEO Dave Calhoun said the … Read more
Dan O’Day, CEO of Gilead Sciences, said on Monday that the company had donated its entire supply of remdesivir to the US government to dish out to hospitals across the country The CEO of Gilead Sciences, the company that makes the promising drug remdesivir, says it will be available to treat COVID-19 patients as early … Read more
On the heels of an early announcement that coronavirus patients given Gilead’s Ebola drug remdesivir fared better than those who didn’t get the treatment, the company’s CEO, Daniel O’Day, deemed the results a cause for ‘hope at a time when it is badly needed,’ in an open letter obtained by Fox News. ‘Positive data’ from … Read more
The antiviral remdesivir has shown promise for treating coronavirus, and the head of the drug’s maker, Gilead Sciences, said he’s committed to ensuring anyone who needs the drug will have access to it. ‘We’re going to work very closely with the government and with health care systems to make sure that it’s accessible, that it’s … Read more
US economy will take at least 18 months to return to pre-COVID-19 levels, Bank of America CEO predicts and he says consumer spending is beginning to grow with stimulus bills starting to have an effect Analysts predict the US economy will take until the fourth quarter of 2021 to return to pre-coronavirus levels, says Bank … Read more
Netflix CEO Reed Hastings’ fortunes continue to rise as a new SEC filing reports the streaming service’s co-founder received a total of $38 million in 2019. Hasting’s total pay package last year was up 16 per cent from what he was paid in 2018, reports Netflix in its annual proxy statement Wednesday. Hastings’ most recent … Read more
Google CEO Sundar Pichai matches $1million donation from the company to support thousands of San Francisco families struggling in the coronavirus crisis Google CEO Sundar Pichai and Google.org are donating to charity GiveDirectly The charity provides cash to needy families in the San Francisco Bay area Google – which has a HQ in San Fransisco – hopes … Read more
Twitter co-founder and chief executive Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund. Dorsey, 43, revealed in a series of tweets that he would transfer his equity in his digital payments group Square to his limited liability corporation Start Small, contributing around 28 … Read more