Here’s how Trump’s council of business titans fell apart – Business Insider

Here’s how Trump’s council of business titans fell apart – Business Insider

Kevin Lamarque/Reuters President Donald Trump’s biggest gatherings of business leaders fell apart, and according to reports Trump’s own comments are to blame. As detailed by reports, the decision to finally disband the council came after Trump’s comments over the weekend that did not explicitly denounce neo-Nazi and white nationalist groups at the heart of the […]

VW’s adorable ID Buzz hits dealerships in 2022, but we drove it today – CNET

VW’s adorable ID Buzz hits dealerships in 2022, but we drove it today – CNET

At this year’s North American International Auto Show, we saw gorgeous concept and production cars from companies around the world, but there was only one concept that was an almost-universal hit. Damn-near everyone who saw it said that they wanted to take it home. That car was Volkswagen’s nostalgia-infused I.D. Buzz electric van. With its […]

Footwear retailers trampled as price war sparks concerns – New York Daily News

By Gayathree Ganesan (Reuters) – Shares of sporting goods retailers were pummeled in early trading on Friday as dismal quarterly results from Hibbett and Foot Locker heightened investor concerns about a supply glut intensifying price wars in the industry. The results closely follow those of bigger rival Dick’s Sporting, which warned on Tuesday that its […]

Uber’s Travis Kalanick punches back against the Benchmark lawsuit targeting him – Los Angeles Times

Uber’s co-founder and former chief executive, Travis Kalanick, has struck back at venture capital firm Benchmark. In seeking to dismiss a fraud lawsuit Benchmark filed against him, he called the suit a “smear campaign” and characterized the firm’s partners as ruthless opportunists who staged an “ambush” on him, threatening and demanding he quit, less than […]

Infosys Says Vishal Sikka Resigns as CEO, Becomes Vice Chairman – Bloomberg

Infosys Says Vishal Sikka Resigns as CEO, Becomes Vice Chairman – Bloomberg

Infosys Ltd.’s Vishal Sikka has resigned as chief executive officer, a major loss for a company dealing with heightened acrimony between the board and a cohort of founders led by ex-chairman NR Narayana Murthy. The 50-year-old executive, who’d helped grow Infosys’ revenue about 25 percent since taking the helm three years ago, is leaving Asia’s No. […]

Dow Jones plummets over fears Trump’s economic adviser will quit – New York Post

Even stocks appear to be abandoning President Trump. The Dow Jones industrial average nosedived 274 points on Thursday as investors grew increasingly concerned that Trump’s toxic tongue is endangering his ambitious economic agenda. It was the second-biggest decline for the Dow this year — which had powered ahead more than 20 percent since Election Day. […]

Trump says ‘thank you all!’ as CEOs quit advisory councils – mySanAntonio.com

Trump says ‘thank you all!’ as CEOs quit advisory councils – mySanAntonio.com

Caption Close Only a day after Donald Trump labeled the growing number of CEOs quitting his business council “grandstanders” who, in some cases, were hurting ordinary Americans, the president tweeted that he would abolish the advisory groups rather than put pressure on executives to stay. “Thank you all!” Trump tweeted Wednesday afternoon. His announcement came […]

Trump’s Bruising Tweet Highlights Amazon’s Lingering Tax Fight – Bloomberg

President Donald Trump waded into a longstanding scrap between online retailers and their brick-and-mortar rivals with a Twitter posting Wednesday about Amazon.com Inc. and taxes. And he has a point — though the Seattle-based online giant has taken steps to reduce its tax advantage in recent years — retail industry specialists say. Amazon began collecting […]

CEOs face tough decisions on Trump – The Hill

Business leaders are struggling over what kind of ties to keep with President Trump as the controversy surrounding his response to the violence in Charlottesville, Va., shows no signs of ending. Some CEOS have headed for the exits, resigning from advisory panels such as the American Manufacturing Council and the economic Strategy and Policy Forum […]

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