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Kraken Lays Off 15 Percent of Workers and Names New Co-Chief Executive
Posted inAppointments and Executive Changes Computers and the Internet Kraken (Payward Inc) Layoffs and Job Reductions Powell, Jesse (Cryptocurrency Executive) Ripley, David L Virtual Currency

Kraken Lays Off 15 Percent of Workers and Names New Co-Chief Executive

The influential cryptocurrency exchange has undergone several reorganizations in recent years.
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Posted by By Mike Isaac David Yaffe-Bellany and Ryan Mac
Starbucks’s CEO Steps In to Tackle Long List of Issues
Posted inAppointments and Executive Changes Beverages Coffee Coffeehouses Company Reports Mobile Applications Niccol, Brian Starbucks Corporation

Starbucks’s CEO Steps In to Tackle Long List of Issues

Customers are turning away from the coffee giant, and its new chief executive, Brian Niccol, has to figure out how to get them back.
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Posted by By Julie Creswell
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
Posted inAirlines and Airplanes Appointments and Executive Changes Elliott Management Corp Shareholder Rights and Activism Southwest Airlines Company

Southwest Strikes a Truce With the Activist Hedge Fund Elliott

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.
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Posted by By Michael J. de la Merced
L.A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement
Posted inAppointments and Executive Changes Endorsements Garza, Mariel Los Angeles Times Newspapers Presidential Election of 2024 Soon-Shiong, Patrick

L.A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement

Mariel Garza said the editorial board was prepared to endorse Kamala Harris, but the paper’s owner, Patrick Soon-Shiong, decided not to make an endorsement in the presidential race.
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Posted by By Katie Robertson

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