Wells Fargo former interim CEO Parker steps down as general counsel

Where did the recession fears go? Wells Fargo senior economist Mark Vitner touts the U.S. economy and shows his optimism for a trade deal with China. (Reuters) – Wells Fargo & Co (WFC.N) said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year. Continue Reading Below […]

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Tunnel to Towers CEO: Taking care of Gold Star families 'should be our contract with America'

Tunnel to Towers hopes to pay off Gold Star family’s mortgage by Christmas Tunnel to Towers CEO Frank Siller and the Bonacasa family sit down with ‘America’s Newsroom’ on Veterans Day. In honor of Veterans Day, a Gold Star family appeared on “America’s Newsroom” on Monday to express gratitude for being supported by Tunnel to Towers, an organization that pays […]

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Bernard Tyson, CEO of Kaiser Permanente, passes away ‘unexpectedly’ in his sleep at age 60

Kaiser Permanente CEO Bernard J. Tyson. (Photo: Kaiser Permanente) Bernard J. Tyson, the chairman and CEO of the health plan provider Kaiser Permanente, passed away in his sleep on Sunday. One day earlier, Tyson spoke at a tech gathering in Oakland, California, called AfroTech where he appeared to be in good spirits, sharing photos on Twitter. The health care executive was 60 years old. […]

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Kaiser Permanente CEO Bernard Tyson dead at 60

Medicare-for-all proposal may not be realistic: Kaiser Family Foundation Kaiser Foundation Health Policy expert Larry Levitt says Vermont Senator Bernie Sanders’ Medicare-for-all proposal would leapfrog what other countries in the world are doing. Health care provider Kaiser Permanente CEO Bernard Tyson died Sunday at the age of 60, FOX Business confirmed. Continue Reading Below Tyson had been active on social […]

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Boeing CEO will forgo 'tens of millions of dollars' in compensation

WASHINGTON (Reuters) – Boeing Co (BA.N) Chief Executive Dennis Muilenburg said on Wednesday he would forgo “tens of millions of dollars” in compensation after asking the company’s board of directors to waive his bonuses on Saturday. Chairman Dave Calhoun said on Tuesday Muilenburg had asked not to receive any bonuses for 2019 or equity grants and not to receive any […]

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UPDATE 2-Brazil's Itau Unibanco hit by Argentina, Chile turmoil

(Adds analyst comments and context, updates shares) By Carolina Mandl SAO PAULO, Nov 5 (Reuters) – Political instability in Argentina and Chile is taking a toll on Itaú Unibanco Holding SA’s businesses beyond its home market of Brazil, Chief Executive Candido Bracher said on Tuesday. Bracher told reporters that Itau, Brazil’s largest private-sector lender, slowed the pace of new loan […]

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REFILE-UPDATE 1-Itau Unibanco hit by Latam political instability

(Corrects typing error in headline) By Carolina Mandl SAO PAULO, Nov 5 (Reuters) – Political instability in Latin America has hit Itaú Unibanco Holding SA’s businesses in the region, Chief Executive Officer Candido Bracher said on Tuesday. Bracher told reporters that Brazil’s largest private-sector lender slowed down the pace of new loan disbursements in Argentina earlier this year, as it […]

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McDonald's ousts CEO over consensual relationship with employee

(Reuters) – McDonald’s Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday. The board found that Easterbrook, 52, who had led McDonald’s since 2015, had “demonstrated poor judgment” involving the relationship, McDonald’s said in a news release. Easterbrook relinquished his seat on […]

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