Larry Dean Harmon, the Helix and Coin Ninja crypto-tumbling chief who in February was arrested for allegedly mixing bitcoin for criminals must pay $60 million in civil penalties, prosecutors at the Financial Crimes Enforcement Network (FinCEN) demanded Monday. Source link
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The panel will discuss the private-sector’s role in addressing shortcomings of cross-border payments. Source link
U.S. Agency for Global Media CEO Michael Pack was found by a D.C. judge to have broken the law when he seized control of a fund intended to design ways for people living under repressive regimes to have secure access to the Web. U.S. Agency for Global Media hide caption toggle caption U.S. Agency for Global Media U.S. Agency for Global Media CEO Michael Pack was found by a D.C. judge to have broken the law when he seized control of a fund intended to design ways for people living under repressive regimes to have secure access to the Web. U.S. […]
TikTok discarded the offer of another American tech giant, Microsoft, before reaching an agreement with Oracle, which is expected to protect the Chinese video platform from being banned on the territory of the US over accusations of being a threat to national security. CEO of the tech giant Oracle, Larry Ellison, donated a hefty sum of $250,000 to the “Security is Strength” Super PAC, which only supports Senator Lindsey Graham’s re-election bid, three days before TikTok announced that it would strike a deal with Oracle to avoid being banned in the US. Graham, who is currently trailing slightly in the polls behind […]
P&G Investors Challenge CEO Over Forest Destruction Concerns By Stand Earth, Popular Resistance. October 14, 2020 P&G Investors Challenge CEO Over Forest Destruction Concerns2020-10-142020-10-14https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/10/pandg-e1602698233656.jpg200px200px Above photo: Stand Earth. At the Company’s Annual Meeting. In win for advocacy groups, 67% of shareholders split from company’s recommendation and vote yes on key proposal to protect boreal forest of Canada, tropical forests in Southeast Asia. Washington – In a shocking move by Procter & Gamble’s shareholders that defied the company’s own recommendations, two-thirds of Procter & Gamble (P&G) shareholders voted “yes” at the company’s annual meeting on Tuesday, October 13, to pass a proposal […]
A lawsuit accuses CEO Michael Pack of illegally seeking to influence the Voice of America’s news coverage. In one instance, he required a link to administration editorials be placed on VOA’s home page, the suit says. Court document/NPR hide caption toggle caption Court document/NPR A lawsuit accuses CEO Michael Pack of illegally seeking to influence the Voice of America’s news coverage. In one instance, he required a link to administration editorials be placed on VOA’s home page, the suit says. Court document/NPR Five suspended officials at the U.S. Agency for Global Media are suing the agency, its new CEO and several […]
The CEO of the hacked South Korean crypto exchange says suspects in the hack have been identified. Source link
https://cdn1.img.sputniknews.com/img/07e4/09/01/1080343001_0:289:3071:2016_1200x675_80_0_0_2c261a25cecf94c425c0c62ec1706389.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202010011080627646-us-defence-contractor-ceo-charged-for-covid-19-relief-fraud/ WASHINGTON (Sputnik) – The head of a Hawaiian defense contractor has been charged for trying to steal nearly $13 million in COVID-19 relief funds, the US Justice Department said in a press release. “A Hawaii man has been taken into custody on allegations he fraudulently obtained more than $12.8 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act,” the release said on Wednesday. Martin Kao, 47, who is the chief executive officer of Navatek LLC, now known as Martin […]
Twitter CEO Jack Dorsey tweeted his disapproval of Coinbase CEO Brian Armstrong steering his company away from corporate activism. Read more: Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission Source link
It might be part of every job in crypto to anticipate and react to fast-moving developments that seemingly change the industry’s direction overnight. And apparently not even Changpeng “CZ” Zhao, the high-profile leader of Binance, the world’s largest cryptocurrency exchange, is immune to the industry’s capricious shifts. In a video interview with CoinDesk’s Muyao Shen, Zhao acknowledged that the emerging blockchain sector of decentralized finance, known as DeFi, could eventually upend the business that Binance has grown to dominate: running a centralized cryptocurrency exchange. “Our mission is not to build a CeFi exchange,” Zhao said in the interview, using a shorthand term for […]
The super-charged trajectory of the cryptocurrency industry is translating to faster growth at the publicly traded digital-asset brokerage Voyager Digital, where revenue this quarter is tracking at an eightfold increase over the prior 12 months’ average pace. Voyager CEO Steve Ehrlich told CoinDesk in a Zoom interview that the company’s on pace for revenue of about $2 million during the fiscal first quarter that ends Sept. 30. That compares with $1.1 million during the fiscal year that ended in June. The company’s shares, listed on the Canadian Securities Exchange, have rallied about 250% year, far surpassing the 49% year-to-date gains for […]
The CEO of Wells Fargo offered a groveling apology for his “unconscious bias” and promised more diversity at one of the largest US banks, after a quote from an internal memo caused outrage even some members of Congress joined in. “I apologize for making an insensitive comment reflecting my own unconscious bias,” Charlie Scharf said in a statement released on Wednesday. “There are many talented diverse individuals working at Wells Fargo and throughout the financial services industry and I never meant to imply otherwise.” The San Francisco-based Wells Fargo is now “requiring diverse candidate slates for key roles with compensation of […]
MOSCOW (Sputnik) – Donald Kendall, who headed the US food and beverage corporation PepsiCo in 1971-1986, has died at the age of 99, the company announced in a tribute statement to its former CEO. “All of us at PepsiCo are devastated by the passing of Don Kendall. Don was the architect of the PepsiCo family. He was relentless about growing our business, a fearless leader, and the ultimate salesman. He believed in business as a way to build bridges between cultures, laying the foundation of our commitment to Winning with Purpose and defining the values that we refer to today as […]
The CEO of publicly traded MicroStrategy (MSTR) shares why he started to feel like he was “sitting on a 500-lb block of ice” and how he came to bitcoin as a solution. MicroStrategy made waves when it announced in early August it was moving $500,000,000 in treasury reserves out of cash. At least $250 million were to be moved into bitcoin. Earlier this week, the company announced its final bitcoin purchases totaled $425 million. In this conversation with NLW, MicroStrategy CEO Michael Saylor explains: Why he’s always treated the company with a long time horizon Why the asset inflation rate is the real inflation […]
In his new book No Rules Rules, Reed Hastings attributes Netflix’s success to the unorthodox office culture at the company. Hastings is pictured at Summit LA17 in Los Angeles in 2017. Amy Harris/Invision/AP hide caption toggle caption Amy Harris/Invision/AP In his new book No Rules Rules, Reed Hastings attributes Netflix’s success to the unorthodox office culture at the company. Hastings is pictured at Summit LA17 in Los Angeles in 2017. Amy Harris/Invision/AP Unlimited vacation. No dress code (just don’t show up naked). No approval needed for expenses. And if you criticize the company, you might get rewarded with a promotion. “It’s […]
MicroStrategy is prepared to HODL its bitcoin for at least a century. Or so said the business intelligence firm’s founder and CEO, Michael Saylor, in an interview with CoinDesk on Tuesday, shortly after he announced on Twitter that MicroStrategy was doubling down on the godfather cryptocurrency with the purchase of $175 million more BTC. “I want something that I could put $425 million into for 100 years,” Saylor told CoinDesk. In the last two months Saylor has transformed his company’s once-sleepy cash surplus into a nearly half-billion-dollar bet on bitcoin, the “digital gold” Saylor is certain will outlast his tenure. “If […]
CNN let Netflix CEO Reed Hastings off the hook for the second time in four days, neglecting to ask him even once about ‘Cuties,’ the film that ignited a campaign to cancel the streaming service for showing alleged “child porn.” The latest Netflix-friendly interview aired Sunday on CNN’s “Reliable Sources” program, where host Brian Stelter kept the discussion focused primarily on promoting Hastings’ new book. CNN host Poppy Harlow took a similar approach on Thursday, steering clear of hard-hitting questions and talking mostly about the book in the 10 minutes she had with Hastings. Harlow interviewed the CEO the day after […]
Protesters rallied outside the Rio Tinto office in June in Perth, Australia, after the destruction of Indigenous heritage sites the month before. Richard Wainwright/AP hide caption toggle caption Richard Wainwright/AP Protesters rallied outside the Rio Tinto office in June in Perth, Australia, after the destruction of Indigenous heritage sites the month before. Richard Wainwright/AP Mining giant Rio Tinto is parting ways with its chief executive as it tries to quell public anger over the company’s destruction of a 46,000-year-old sacred Aboriginal site in Australia. In May, the company blasted through two rock shelters in Juukan Gorge in Western Australia in order […]
Crypto exchange Kraken announced Thursday that former Casa CEO Jeremy Welch has joined its team as VP of product. Source link
https://cdn1.img.sputniknews.com/img/07e4/08/1a/1080284166_0:94:3072:1822_1200x675_80_0_0_adaa326dfcdfe4169db4f16033c280c3.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/russia/202009101080423126-russia-wants-to-make-its-vaccine-against-covid-19-available-in-every-country-rdif-ceo-says/ MOSCOW, September 10 (Sputnik) – Russia wants to provide the Sputnik V vaccine to all countries without discriminating against anyone, Kirill Dmitriev, the chief executive officer of the Russian Direct Investment Fund, involved in the development of the vaccine, said on Thursday. “Only in partnership with other countries can we manufacture our vaccine and we want to make it available in every single country, without any discrimination,” Dmitriev said. He emphasized Russia’s willingness to cooperate with international partners. “Russia has a very open position, a position partnership and readiness to cooperate with all international […]
Earlier, the head of Russia’s sovereign wealth fund stated that more than 10 countries are currently pursuing fast-track registrations of COVID-19 vaccines and therapeutics. CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has welcomed the UK’s decision to revise its law and allow emergency use of any effective coronavirus vaccine before it’s fully licensed, if it meets the required safety and quality standards. “The need for mechanisms for accelerated registration of safe and effective drugs during a pandemic is gradually being understood in the West. British Prime Minister Boris Johnson spoke about the intention to amend local legislation today, […]
Former Disney executive Kevin Mayer in 2015. On Wednesday, Mayer announced he was resigning suddenly from TikTok as the app’s chief executive amid growing pressure in Washington for the app to sell off its U.S. assets. Damian Dovarganes/AP hide caption toggle caption Damian Dovarganes/AP Former Disney executive Kevin Mayer in 2015. On Wednesday, Mayer announced he was resigning suddenly from TikTok as the app’s chief executive amid growing pressure in Washington for the app to sell off its U.S. assets. Damian Dovarganes/AP TikTok CEO Kevin Mayer is stepping down three months after taking the job at the hugely popular short-form video […]
TikTok Chief Executive Officer Kevin Mayer has resigned, stating that the scope of his role as the head of the video-sharing platform was more than he could manage, as the company battles with Washington. His decision to leave the company comes days after TikTok filed suit against the Trump administration over an executive order that prevents the video-sharing app from making business transactions in the United States. General Manager Vnaessa Pappas will become interim CEO of the firm, according to a memo seen by Reuters. “In recent weeks, as the political environment has sharply changed, I have done significant reflection on […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202008271080289075-tiktok-ceo-kevin-mayer-quits-company-internal-email-says/ Kevin Mayer has quit his top post at TikTok, months after becoming chief executive of the Chinese video-sharing app accused by the Trump administration of threatening national security, according to a letter to employees seen by the Financial Times. Mayer informed employees at TikTok and its parent company ByteDance of his decision to leave on Thursday, people briefed about the matter said. The former Disney executive’s decision came shortly after President Donald Trump threatened a ban on TikTok in the US unless ByteDance sold its US assets to an American company by 15 September, “as […]
Twitter CEO Jack Dorsey has donated a “no strings attached” $10 million to Ibram Kendi’s Center for Antiracist Research. Kendi is a bestselling author who’s gotten famous by telling white people that they’re racists. Announcing the donation on Thursday, Dorsey said that the center’s research “will inform and fuel much needed and overdue policy change.” According to Boston University, which hosts the center, teams of academics, lawyers, social workers and scientists will collaborate to “track and study racial data” and “advocate for new corrective policies.” $10M to Dr. Ibram Kendi and the Center for Antiracist Research at BU. This research will […]
The Russian health minister earlier dismissed allegations of ineffectiveness and potential dangers of the first vaccine protecting against COVID-19, alleging that such rumours are just a result of “certain competition” felt by foreign colleagues of the Russian researchers. The announcement of the registration of the first coronavirus vaccine in Russia was met with attempts by the western mainstream media to play down the news of the breakthrough drug by questioning its safety and effectiveness. These concerns, however, hold no water since an adenovirus vaccine has been in use by the US Army for decades and has been applied to millions of […]
A two-shot coronavirus vaccine will be available for public use by the end of 2020, its manufacturer Sinopharm has announced. The price tag for the sought-after cure won’t be too high, the pharmaceutical company assured. Sinopharm Chairman Liu Jingzhen has told the Guangming Daily newspaper that the firm’s Covid-19 vaccine has entered the third and final stage of clinical trials – during which the efficacy and safety of a new drug are tested on a large group of people with a disease or condition. Sinopharm’s product is likely to be launched by the end of December 2020, Liu said. If so, […]
George Ball, the former chief executive officer of Prudential Securities and now CEO of Sanders Morris Harris, suggested that bitcoin or other cryptocurrencies could be “a safe haven” for investors and traders as an alternative investment. Ball, who claimed himself as a Bitcoin and blockchain opponent, said in an interview with Reuters on August 14 that bitcoin or another cryptocurrency is “very attractive” both in the long term and short term and predicted that more people will turn to the crypto market after the Labor Day. “The government can’t stimulate the markets forever,” Ball said. “The liquidity flood will end. Sooner […]
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying his company plans to move away from interbank payments. Source link
McDonald’s is suing former CEO Steve Easterbrook to claw back his exit payout, citing new evidence of inappropriate relationships with employees. Richard Drew/AP hide caption toggle caption Richard Drew/AP McDonald’s is suing former CEO Steve Easterbrook to claw back his exit payout, citing new evidence of inappropriate relationships with employees. Richard Drew/AP When former McDonald’s CEO Steve Easterbrook was fired for a consensual relationship with a subordinate last year, he left with an exit payout estimated over $40 million. Now, McDonald’s is suing him for that money, citing new evidence of additional relationships and accusing him of lies and fraud. Easterbrook […]
McDonald’s aired some extremely dirty corporate laundry in public Monday, accusing former Chief Executive Steve Easterbrook of fraudulently hiding details of three “physical sexual relationships” with employees when the board fired him last November over a separate relationship with a subordinate. The bombshell documents also say Easterbrook awarded stock valued at hundreds of thousands of dollars to one of the employees. He could be forced to repay a severance deal said to be worth some $40 million. The allegations were made public Monday in a securities filing, and in documents lodged with Delaware’s Court of Chancery, and widely reported by outlets, […]
https://cdn1.img.sputniknews.com/img/07e4/08/08/1080105730_0:0:3071:1729_1200x675_80_0_0_f7e9f4bf60f8d5b2dc3890778141e09d.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/europe/202008091080105759-europacorp-film-company-ceo-luc-besson-replaced-by-axel-duroux/ The 61-year-old filmmaker, who founded EuropaCorp in 1999, is famous for directing The Fifth Element, Lucy, and Valerian and the City of a Thousand Planets. On 8 August, French motion picture company EuropaCorp managing director Luc Besson was replaced by Axel Duroux, a press release by the company reads. According to the release, Luc Besson will retain the non-executive chairmanship of the board of directors “in order to focus from now on, as announced on 28 February 2020, on the artistic activities of the group as an artistic director”. The new chief executive will take up the position on […]
One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed. Our main conversation is with Hedgeye CEO Keith McCullough. Before building Hedgeye into a “no-excuses provider of real-time investment research and a premier online financial media company,” Keith worked at hedge funds including Carlyle Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners and Dawson Herman Capital Management. In this conversation, he and NLW discuss: Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set […]
https://cdn1.img.sputniknews.com/img/107120/14/1071201459_0:160:3072:1888_1200x675_80_0_0_d2c22a06c6ad1fd2db0581cd93c06be3.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/russia/202008051080074680-rusada-supervisory-board-recommends-dismissing-agencys-ceo/ MOSCOW (Sputnik) – The meeting of the RUSADA’s supervisory board, which includes its chairman Alexander Ivlev and vice-president Vladimir Chekhonin, as well as Khrychikov, Igor Vasilchenko, Yelena Isinbayeva, Sergey Ryazansky and Andrey Strokin, was held on Wednesday. The supervisory board of the Russian Anti-Doping Agency (RUSADA) recommended the organisation’s founders to consider dismissal of CEO Yuri Ganus after discussing audit results that revealed violations in the activities of the organization’s management, Supervisory Board member Sergei Khrychikov said. Earlier, the president of the Russian Olympic Committee (ROC) Stanislav Pozdnyakov said that an in-depth audit found […]
Microsoft has said they would “move quickly” in their talks with ByteDance to buy TikTok, after CEO Satya Nadella discussed the issue with US President Donald Trump, who threatened to ban the popular Chinese app. In a statement on its official blog on Sunday, Microsoft has confirmed that the discussions between them and the owner of TikTok, Chinese company ByteDance, have been underway, vowing to complete them “no later than September, 15” whatever the outcome. Microsoft said that if a “preliminary proposal” communicated to the Committee on Foreign Investment in the United States (CFIUS) between the companies to be made final, […]
Amazon founder and CEO Jeff Bezos in 1997 (left) and in 2017. He will appear before Congress for the first time this week a much-transformed leader of a much-transformed company. Paul Souders and Drew Angerer/Getty Images hide caption toggle caption Paul Souders and Drew Angerer/Getty Images Amazon founder and CEO Jeff Bezos in 1997 (left) and in 2017. He will appear before Congress for the first time this week a much-transformed leader of a much-transformed company. Paul Souders and Drew Angerer/Getty Images Jeff Bezos is a man of many firsts. On Wednesday, he’ll face a new one: his first appearance before […]
On the eve of a Big Tech antitrust hearing, citing video evidence dug up by Project Veritas, a Republican congressman has referred Facebook CEO Mark Zuckerberg to the Justice Department for lying to Congress about political bias. Zuckerberg allegedly made “materially false statements to Congress while under oath” during the April 10-11 joint hearings in 2018, Rep. Matt Gaetz (R-Florida) wrote in a letter addressed to Attorney General William Barr on Monday. While on those occasions the Facebook CEO “repeatedly and categorically denied any bias against conservative speech, persons, policies, or politics” and “dismissed the suggestion that Facebook exercises any form […]
https://cdn1.img.sputniknews.com/img/07e4/07/19/1079980281_0:0:1601:900_1200x675_80_0_0_875696fb3d234ba748527c565d3e3590.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/latam/202007251079980310-ceo-of-banco-do-brasil-rubem-novaes-resigns-to-ensure-banks-renewal/ RIO DE JANEIRO (Sputnik) – Rubem Novaes, CEO of Banco do Brasil – the largest Latin American bank in terms of assets – has announced his resignation to ensure the company’s renewal. Novaes said in a statement on Friday that he had asked Brazilian President Jair Bolsonaro and Economy Minister Paulo Guedes for resignation starting from August “understanding that the company needs renewal to meet future innovations in the bank system”. Rubem Novaes has publicly defended the bank’s privatization in recent months, local media reported. Novaes has been heading Banco do Brasil since 2018, […]
https://cdn1.img.sputniknews.com/img/107982/84/1079828468_0:312:3086:2048_1200x675_80_0_0_5860c3ab5a153e0731d398633ad8b744.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/india/202007211079941172-richest-gets-richer-amazon-ceo-jeff-bezos-adds-13-bln-to-net-worth-in-one-day-sets-record/ New Delhi (Sputnik): Jeff Bezos, the 56-year-old founder and CEO of US-headquartered e-commerce giant Amazon is the richest man on Earth. The business mogul was named the first person in modern history to gather a fortune worth over a whopping $100 billion, but that’s not all. In a single day record, Bezos on Monday lavishly reaped in $13 billion more to his previously estimated net worth of around $171 billion. The significant inflow into Bezos’ kitty is being called the largest single-day jump for a billionaire listed in the 2012 “Bloomberg Billionaire Index”, the media […]
The US’ biggest bank, JPMorgan Chase, together with other lenders, managed to take a big slice of the coronavirus relief program pie through fees, while reporting record quarterly profits. Max Keiser and Stacy Herbert discuss how the banks managed to get such a large cut of the funds, having made a fortune in the last financial crisis after the government bailed them out. Keiser, a former Wall Street stockbroker, notes that professional banks enjoy almost zero risks by using hedging strategies, but, at the end of the day, get bailouts sponsored by the “losers in retail trading.” “That’s where the capital […]
A former assistant to tech entrepreneur Fahim Saleh, whose dismembered body was found in his luxury Manhattan apartment earlier this week, was taken into custody by the NYPD on Friday. Tyrese Haspil, 21, was being held in connection with the gruesome slaying of the 33-year-old startup whiz. He was expected to be charged with homicide. A law enforcement source told The Daily Beast that detectives began zeroing in on Haspil after finding message exchanges in which Saleh had accused him of stealing tens of thousands of dollars over a period of time. Investigators ran a credit-card check and determined that Haspil’s […]
In August 2019 Democrat Rep. Joaquin Castro published a hit list of names and professions of EVERY MAJOR TRUMP DONOR in his city of San Antonio. He then added this. Joaquin Castro: Sad to see so many San Antonians as 2019 maximum donors to Donald Trump — the owner of @BillMillerBarBQ, owner of the @HistoricPearl, realtor Phyllis Browning, etc. Their contributions are fueling a campaign of hate that labels Hispanic immigrants as ‘invaders.’ This comes two days after two deadly mass shootings! TRENDING: Mayor De Blasio Tells CNN’s Wolf Blitzer That He Is Banning All Large Gatherings in NYC Except For […]
On Thursday Goya Foods CEO Robert Unanue praised President Donald Trump in the White House during the president’s meeting with Hispanic leaders. Robert Unanue: We’re all truly blessed at the same time to have a leader like President Trump who is a builder. And that’s what my grandfather did. He came to this country to build, to grow, to prosper. And so we have an incredible builder and we pray for our leadership, our president. And we pray for our country that we will continue to prosper and to grow. CEO of Goya Foods, Robert Unanue: "We're all truly blessed to […]
Robert Unanue, the president and CEO of Goya Foods spoke at a Rose Garden event at the White House Thursday for President Trump’a announcement of the Hispanic Prosperity Initiative. During his remarks, Unanue announced Goya employees were helping to donate one million pounds of food and one million cans of Goya chickpeas to food banks this summer to help ease a shortage at food pantries. Unanue also praised President Trump in his remarks, prompting liberals including leading Democrats to initiate a boycott of Goya Foods. (Link to executive order for the Hispanic Prosperity Initiative.) Goya Foods CEO Robert Unanue: “We’re all […]
https://cdn1.img.sputniknews.com/img/107981/01/1079810167_0:233:2934:1883_1200x675_80_0_0_b947f43f3411e725cd32f21e33e87784.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202007061079810206-spanish-court-agrees-to-extradite-former-oil-company-ceo-to-mexico-in-bribery-case/ MADRID (Sputnik) – Spain’s National Court on Monday said it was in favour of extraditing Emilio Lozoya, a former chief executive officer of the Petroleos Mexicanos (Pemex) oil company, to Mexico where he would face corruption charges. “The National Court has agreed on the extradition of former Director-General of Pemex oil company Emilio L. to Mexico to be tried in two cases of a felony, which in his country would constitute a criminal conspiracy, bribery and operations with [financial] resources of illegal origin, and which in Spanish law corresponds to [the charges of] criminal […]
Founded in 2004, the private US aerospace company has put 53 spacecraft into low-Earth orbit and most of its missions have been successful. Saturday’s launch was initially scheduled for 5 July, however, due to a bad weather forecast, the company moved it one day earlier, a rare occurrence in the space industry. The CEO of Rocket Lab, Peter Beck, promised to “leave no stone unturned” after the company’s Electron rocket experienced an anomaly during its latest mission and was lost after launch. “To our customers: we are deeply sorry for the loss of those payloads. Believe me, we feel and we […]
Musk has faced several lawsuits, one for falsely claiming that he was going to take Tesla private, another for denigrating a British diver, and still another over his and his directors’ hefty compensation packages. Tesla Inc. shareholders have been advised to vote against re-electing Elon Musk as Tesla’s chief executive because of his enormous compensation package and tweets that sometimes get him in trouble. The UK-based investment advisory Pensions Investment Research Consultants (PIRC) wrote in a Tuesday report, seen by The Guardian, that Musk’s pay deal “unfairly enriches” the company’s founder. Musk, who embarked on a quest to get rid of […]
Alexis McGill Johnson becomes the permanent president and CEO of Planned Parenthood after serving in the role on an interim basis. Here, she addresses a rally against white supremacy last year in Lafayette Square in Washington, D.C. Marlena Sloss/The Washington Post via Getty Images hide caption toggle caption Marlena Sloss/The Washington Post via Getty Images Alexis McGill Johnson becomes the permanent president and CEO of Planned Parenthood after serving in the role on an interim basis. Here, she addresses a rally against white supremacy last year in Lafayette Square in Washington, D.C. Marlena Sloss/The Washington Post via Getty Images Planned Parenthood […]
Dan Cathy, CEO of the Chick-Fil-A fast-food restaurant chain, publicly polished the sneakers of the black rapper Lecrae. The son of the Chick-Fil-A founder said he did it to recognize white people’s “oblivion” to racial injustice. “Most of us white people, we’re out-of-sight, out-of-mind oblivious to it,” Dan Cathy said. Kneeling at the feet of the Christian rapper during a panel discussion at the Passion City Church in Atlanta, Georgia, the CEO then started to polish the artist’s shoes. “If we… find somebody that needs to have their shoes shined, we just need to go over and shine their shoes.” Shoes or sneakers, it […]
Greg Glassman, the founder and CEO of CrossFit, resigned on Tuesday after the left-wing outrage mob came for him. Gym owners, brands, celebrities and athletes began abandoning CrossFit after Glassman reportedly said “I do not mourn George Floyd” during a Zoom call. CrossFit CEO Greg Glassman allegedly made the statement several times during a call with gym owners on Saturday. Glassman had also joked that it’s “FLOYD-19” in a tweet responding to a post from the Institute for Health Metrics and Evaluation which called racism a “critical public health issue.” TRENDING: Chicago Mayor Now Pleading With Walmart And Other Companies Not […]
Ripple and CEO Brad Garlinghouse say an ongoing lawsuit fails to show how Garlinghouse committed fraud when allegedly selling millions of dollars’ worth of XRP in 2017. Lawyers representing the San Francisco-based blockchain company said in a court motion Monday that lead plaintiff Bradley Sostack has not demonstrated how a series of supposedly fraudulent statements made by Garlinghouse and Ripple employees were anything of the kind. In the U.S., the threshold for what can be considered fraud is based on Federal Rule of Civil Procedure 9(b), which stipulates a plaintiff must show two things: first, how fraud was actually committed; second, […]
The CEO of CrossFit, Greg Glassman, has resigned from his position after remarks about George Floyd sparked a wave of outrage, with critics insisting he made light of the man’s death on Twitter and in audio from a leaked call. Glassman announced the resignation on Tuesday, acknowledging that a tweet posted over the weekend “created a rift in the CrossFit community and unintentionally hurt many of its members. Since I founded CrossFit 20 years ago, it has become the world’s largest network of gyms… I cannot let my behavior stand in the way of HQ’s or affiliates’ missions. They are too […]
Gym owners, brands, celebrities and athletes are abandoning CrossFit after he reportedly said “I do not mourn George Floyd” during a Zoom call. CrossFit CEO Greg Glassman allegedly made the statement several times during a call with gym owners on Saturday. Glassman had also joked that it’s “FLOYD-19” in a tweet responding to a post from the Institute for Health Metrics and Evaluation which called racism a “critical public health issue.” It’s FLOYD-19. — Greg Glassman (@CrossFitCEO) June 6, 2020 TRENDING: Chicago Mayor Now Pleading With Walmart And Other Companies Not To Leave The City George Floyd once robbed a pregnant […]
The company hired in Texas and New York to perform contact tracing activities is led by an individual who has reportedly falsified his educational background. This is not the person you want to be telling you that you have to go on a 14 day quarantine because he claims you ran into someone with an infectious disease. A company by the name of MTX Group was recently hired in New York and Texas to perform contact tracing activities for these states. MTX will ensure everyone who comes in contact with individuals these states don’t want you to come in contact […]
Athletic brand Reebok and several affiliate gyms have canceled their partnerships with fitness giant CrossFit after its CEO tweeted a mocking response to a statement calling racism a “public health issue.” CrossFit CEO Greg Glassman might have cost his company millions with just 13 characters. After he replied to a tweet from the Institute for Health Metrics and Evaluation calling racism and discrimination “critical public health issues that demand an urgent response” by quipping “It’s FLOYD-19,” Reebok and affiliate gyms hurried to distance themselves from the popular fitness brand. Reebok told Business Insider on Sunday it will not renew its contract […]
The growing trend of kneeling to show solidarity with the ‘Black Lives Matter’ movement has apparently been adopted by banker Jamie Dimon, triggering an avalanche of disbelief and mockery on social media. The CEO of JPMorgan Chase was photographed taking a knee in front of a large bank vault on Friday, sparking speculation that he was expressing support for anti-racism protests that have spread across the United States. His bank declined to confirm whether there was a deeper meaning behind the photograph, but Dimon had previously voiced sympathy for the demonstrations, stating that Chase was “committed to fighting against racism and […]
US Firms Shield CEO Pay As Pandemic Hits Workers, Investors By Jessica DiNapoli and Ross Kerber, Reuters. May 31, 2020 US Firms Shield CEO Pay As Pandemic Hits Workers, Investors2020-05-312020-05-31https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/whpng-e1590953388840.png200px200px Above photo: Christopher Nassetta, the President and CEO of Hilton, participates in a meeting between U.S. President Donald Trump and tourism industry executives on coronavirus (COVID-19) response within the Cabinet Room of the White House in Washington, U.S., March 17, 2020. Reuters/Leah Millis/File Photo. New York/ Boston – Sonic Automotive Inc (SAH.N), which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed […]
Telegram messenger founder and CEO Pavel Durov reportedly donated about $90,000 worth of bitcoin (BTC) to help alleviate the financial burden of the COVID-19 pandemic in Russia. Egor Zhukov, a student political activist who organized a crowdfunding campaign to help people cope with the pandemic-related crisis, announced Durov donated 10 BTC to the effort. Zhukov wrote on his Instagram Wednesday night the donation will help volunteers buy more food and deliver it to people who can’t afford it. The initiative was named Vzaimipomosch, which in Russian means “The Mutual Help.” “Pavel reached out to us himself and offered help,” Zhukov told […]
Roshel Defence Solutions CEO Roman Shimonov talks about his company’s armored vehicles spotted at the NASA historic mission to International Space Station (ISS) and Roshel’s innovative approach to the industry Roshel Defence Solutions is located in Mississauga, Ontario, Canada, and it specializes in design and manufacturing of a wide range of armored vehicles equipped with intergraded security solutions and innovative defence technologies. Roshel is a privately-held corporation dedicated to the mission of providing complex security solutions to the government and commercial corporations in today’s ever changing security environment. Roman Shimonov, the company’s CEO, answered by email the Defence Blog’s questions about […]
Binance is forced to “technically” support last week’s hard fork of the Steem blockchain, according to the crypto exchange’s CEO, Changpeng “CZ” Zhao. In a statement on the company’s official blog Sunday, CZ said that, while the exchange is “very much against zeroing other people’s assets on the blockchain,” to not support it would mean that Binance users would not be able to withdraw their steem tokens. The result of a dispute in the Steem community over the acquisition of SteemIt – the blockchain ecosystem’s biggest and more powerful application – by Tron and Justin Sun, the hard fork was used […]
US 22:43 GMT 20.05.2020Get short URL Earlier on Wednesday, US President Donald Trump again referenced a conspiracy theory related to the death of a young intern to Joe Scarborough, which happened some 19 years ago, insisting that the “cold case” against the MSNBC host be reopened. The co-host of the MSNBC show ‘Morning Joe’, Mika Brzezinski, tweeted that she will discuss banning US President Donald Trump from Twitter with the social media giant’s CEO, Jack Dorsey, urging Dorsey to respond immediately to how company policies are being “violated every day by President Trump”. After repeatedly addressing Dorsey in her tweets, asking […]
Enthusiasm for libra, the cryptocurrency backed by Facebook, swirled at Consensus: Distributed Tuesday morning, but Michael Shaulov, CEO and co-founder of crypto transaction platform FireBlocks, was happy to damp it down. Host Ran Goldi, CEO of liquidity provider First – which has the motto “We believe in Libra” on its website – re-emphasized his position very early on: “I will not be surprised if we see other stablecoins launch on Libra,” he said within the show’s first 15 minutes. When Goldi wheeled out Shaulov, he pointed out FireBlocks had already facilitated more than $7 billion worth of trades every month. “I […]
Binance CEO Changpeng “CZ” Zhao really doesn’t want to tell you where his firm’s headquarters is located. To kick off ConsenSys’ Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance brand. Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China’s digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance’s smart chain wouldn’t tread on Ethereum’s toes – “that depends on the definition of competing,” he said – and how Binance […]
Senator Kelly Loeffler (R-Ga.) reportedly received a hefty payout from Bakkt’s parent company Intercontinental Exchange (ICE) as she left to take up her political position. According to the New York Times on Wednesday, Loeffler was revealed to have been gifted “stock and other awards worth more than $9 million” when she departed her role as CEO of ICE’s bitcoin-focused company to join the U.S. Senate. Loeffler led Bakkt, a bitcoin spot and derivatives exchange servicing institutional investors, from its launch in 2018 until around the time she was appointed to the Senate in December. Bakkt is also working on a consumer-focused […]
The Libra Association has named HSBC Chief Legal Officer Stuart Levey as its first chief executive. The Facebook-created consortium announced Wednesday that Levey would be joining “later this summer” and will be overseeing its efforts to “combine technology innovation with a robust compliance and regulatory framework.” He has been at HSBC since 2012. He oversaw sanctions enforcement through the U.S. Office of Foreign Asset Control and anti-money laundering regulations through the Financial Crimes Enforcement Network (FinCEN), according to a press release. Levey had already taken on the HSBC role by the time the bank was fined nearly $2 billion by the […]
New York Gov. Andrew Cuomo has appointed ex-Google CEO Eric Schmidt to lead a panel on post-pandemic “reform” of health and education systems, despite criticism for taking other billionaires with conflicts of interest on board. Schmidt will head a ‘Blue Ribbon Commission’ tasked with “reimagining” New York’s existing systems of healthcare and education, Cuomo announced on Wednesday during his daily coronavirus briefing. The decision to place such power in the hands of another unelected billionaire has riled critics already uneasy about the governor’s post-Covid-19 plans. The panel’s initial priorities will be “tele-health, remote learning and broadband,” Schmidt announced, dropping into Cuomo’s […]
Finland is one of the least-hit Nordic nations amid the ongoing pandemic, with 5,412 confirmed COVID-19 cases and 246 deaths; it has already started to lift the restrictions, but pundits predict a grim economic outlook. The coronavirus epidemic and the ensuing stern measures, including massive shutdowns and lockdowns, will have resounding economic repercussions, robbing Finland of decades of profits, Risto Murto, the CEO of Varma Mutual Pension Insurance Company, has warned. In his analysis of the economic ramifications of the pandemic in his column for the Oulu-based newspaper Kaleva, Murto forecasted that Finland will have to tackle the outbreak throughout this […]