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The Latest Breaking News from Jason Schloetzer

Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders

The winners of SpaceX's blockbuster IPO—valuing the company at $1.75 trillion—might not just be investors, but also the ones who welded the rockets.

Meta Layoffs Reveal Managers And Engineers Paid The Highest Price For AI

Meta Layoffs Reveal Managers And Engineers Paid The Highest Price For AI

Meta's recent layoffs, focused on managers and engineers, reflect its AI investment strategy, reshaping workforce dynamics and prioritising smaller, AI-driven teams.

International Business Times UK

The US companies cutting jobs as Amazon slashes 14,000 positions and UPS announces more layoffs

The US companies cutting jobs as Amazon slashes 14,000 positions and UPS announces more layoffs

It's a tough time for the job market

The Independent UK

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read the most diverse news in one place.

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If your spouse used to report to you, you probably shouldn’t be a CEO

If your spouse used to report to you, you probably shouldn’t be a CEO.

First American Financial will shell out millions in severance to its former CEO after a cruise ship vacation brawl

The board of the $6 billion financial firm showed CEO Kenneth D. DeGiorgio the exit after he allegedly strangled a barefoot partygoer in Puerto Rico.

Disney in search of perhaps its greatest sequel, a successor to Bob Iger

Behind the red carpet movie premieres and new thrill-inducing rides for fans of its amusement parks, there is a quiet search underway to find the successor to Bob Iger, the face of Disney for most of the past two decades

The Independent UK

Intel’s new CEO stands to reap more than $400 million—but he’ll have to jump over massive hurdles to get it

If Intel CEO Lip-Bu Tan can grow the stock price the way company hopes, Intel’s market cap would swell from $104 billion to $312 billion, an analysis found.

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Meta's appointment of UFC chief and Trump pal Dana White may kick off a trend

Meta's appointment of UFC chief and Trump pal Dana White may kick off a trend

Meta's appointment of the Ultimate Fighting Championship CEO to its corporate board could kick off a new trend.

Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Auditor Ernst & Young just walked out in the middle of auditing Charles Liang’s tech giant, but Super Micro disagrees with EY’s decision to quit.

How the Starbucks board can set its new CEO up for success

How the Starbucks board can set its new CEO up for success

Howard Schultz has been a major part of the company for years, whether the board likes it or not.

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Billionaire Larry Ellison is helping to fund the two-step merger.

Tyson Foods heir suspended on DWI charges 2 years after he went to sleep in the wrong house: ‘This may be the end of the line’

Tyson Foods heir suspended on DWI charges 2 years after he went to sleep in the wrong house: ‘This may be the end of the line’

The 34-year-old financial leader is the great-grandson of the protein giant’s founder.

Tesla shareholders’ vote on Elon Musk’s record $56 billion pay deal could be his ‘last stand’ as CEO, experts warn

Tesla shareholders’ vote on Elon Musk’s record $56 billion pay deal could be his ‘last stand’ as CEO, experts warn

But massive support could further embolden Musk’s worst tendencies.

OpenAI fiasco: Experts warn of potential brain drain despite Sam Altman's return

OpenAI fiasco: Experts warn of potential brain drain despite Sam Altman's return

OpenAI crossed the Rubicon this past week—going back to the way things simply is no longer an option and teams may now scatter to the wind.

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How Bed Bath & Beyond lost its financial footing—and its most loyal customers

For the past few years, there’s been turbulence and tragedy at the company.

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