Management

PG&E Corporation (NYSE: PCG) was set to open down nearly 50 percent after announcing a leadership change and bankruptcy proceedings. What Happened Late Sunday, the board of directors announced the resignation of CEO Geisha Williams and rise of interim CEO John Simon, who served as executive...

Amazon.com, Inc. (NASDAQ: AMZN) founder and CEO Jeff Bezos confirmed in a Tweet Wednesday he will be divorcing his wife MacKenzie. What Happened Bezos and his wife MacKenzie said in the joint statement that the split is amicable, and the two will "continue our shared lives as friends...

Michael O. Johnson will return to his old job as CEO of Herbalife Nutrition Ltd (NYSE: HLF) on an interim basis to replace Richard Goudis, who resigned following comments the company said were inconsistent with its standards and culture. Johnson, who headed the company from 2003 until 2017 and...

Netflix, Inc. (NASDAQ: NFLX) stock received some love from Wall Street on Friday, including from one analyst who said the company’s new CFO may have the perfect skill set to unlock value for investors. The Analyst Imperial Capital analyst David Miller reiterated his Outperform rating and $459...

Tesla Inc (NASDAQ: TSLA) shares ticked higher Friday morning after naming Oracle Corporation (NYSE: ORCL) co-founder Larry Ellison and Walgreens Boots Alliance Inc (NASDAQ: WBA) executive Kathleen Wilson-Thompson to its board. What Happened As part of its settlement with the Securities and Exchange...

Shares of Micron Technology, Inc. (NASDAQ: MU) are trading near their lowest levels in a year, but CEO Sanjay Mehrotra insists demand the demand for the company's end products "continues to be vibrant." What Happened Micron's fiscal first-quarter report sent shares tumbling...

Grocery chain Kroger Co (NYSE: KR) on Monday announced CFO J. Michael Schlotman will retire from the company in one year after holding the title since 2000. Schlotman will be replaced by Gary Millerchip, CEO of Kroger Personal Finance, in April 2019 at which point Schlotman will remain an executive...

After tweeting that it has returned a donation from Facebook, Inc. (NASDAQ: FB), the NAACP is calling on users to #LogOutFacebook following Monday’s Senate report that revealed that Russia’s Internet Research Agency has been using Facebook to stir up racial tensions in an effort to...

Former CBS Corporation (NYSE: CBS) CEO Les Moonves won't receive any of the $120 million severance package he was granted after the TV network's board of directors concluded it had grounds to terminate Moonves. What Happened Moonves resigned in September after sexual misconduct allegations...

High Times has built up its property portfolio over the last couple of years, accumulating a number of brands under its leafy umbrella. “[We are on a] mission to create brand-safe inventory for brands of all sizes," High Times CEO Adam Levin told Benzinga back in September. Now,...

Research-based biopharmaceutical company Gilead Sciences, Inc. (NASDAQ: GILD) announced Monday it has named Daniel O'Day as its chairman of the board and CEO, effective March 1. What Happened O'Day joins Gilead after more than three decades of experience at Roche Holdings AG Basel ADR (OTC...

Sundar Pichai, the CEO of Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google, is the latest U.S. big tech CEO to take the hot seat in front of Congress. Pichai faced accusations from lawmakers that Google’s search algorithms have anti-conservative political biases —...

Shares of TheStreet, Inc. (NASDAQ: TST), a financial news and information company founded by Jim Cramer, rose more than 30 percent Thursday morning after the company said it reached an agreement to sell its institutional business units. What Happened TheStreet said it entered into an agreement to...

Aphria Inc (NYSE: APHA) responded Tuesday to criticism from a pair of short sellers that sent the stock tumbling 23 percent Monday. Despite reassurances from Aphria management Tuesday morning, shares opened lower by another 20 percent. Short Seller Allegations Quintessential Capital founder Gabriel...