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Indian Prime Minister Modi gets rave reviews after meeting with US CEOs

cnbc.com

Indian Prime Minister Modi gets rave reviews after meeting with US CEOs

- India's Prime Minister Narendra Modi met on Sunday with the creme de la creme of corporate America, in a CEO roundtable that contrasted sharply with a U.S. President Donald Trump's recent tech roundtable. Modi, who was expected to meet with Trump on Monday, attended the high-profile meetings set up via the Indian embassy, in which executives were said to have expressed concerns over India's current regulatory environment, which has made it difficult to invest and expand on the subcontinent

Categories: Politics & Government |  Business | 
Places: North America |  United States |  Asia |  S. Asia |  India | 

Apple CEO Attends U.S. Business Leader Roundtable With Indian Prime Minister

macrumors.com

Apple CEO Attends U.S. Business Leader Roundtable With Indian Prime Minister

- Apple CEO Tim Cook joined top business leaders in a roundtable session with India's Prime Minister Narendra Modi on Sunday. As many as 21 high-profile chief executives of U.S. corporations attended the gathering in Washington, D.C., including Google's Sundar Pichai, Microsoft's Satya Nadella, and Amazon's Jeff Bezos (via ). Prime Minister Modi kicked off his U.S. visit by telling the CEOs that India's growth presented a "win-win" opportunity for both nations, referring to his government's attempts to improve the business climate, including a unified Goods and Services Tax (GST) that he hoped would encourage American companies to invest there

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Places: United States |  Asia |  S. Asia |  India |  South |  Atlantic |  D.C. | 

Mark Zuckerberg's snub of White House could backfire as Europe goes after U.S. Internet giants

cnbc.com

Mark Zuckerberg's snub of White House could backfire as Europe goes after U.S. Internet giants

- Mark Zuckerberg had a choice to make this week. The Facebook CEO could either go to Washington to meet with President Donald Trump, along with nearly every other marquee CEO from the tech industry, or skip it and prepare for a Chicago rally for people who'd created social-support groups on Facebook. Zuckerberg, who loudly criticized Trump's decision to withdraw from the Paris climate accords in early June, chose the latter

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Entergy CEO says Trump leaving Paris accord does not change much

cnbc.com

Entergy CEO says Trump leaving Paris accord does not change much

- President Donald Trump may have pulled the United States from the Paris climate agreement, but Entergy Chairman and CEO Leo Denault said that does not change much for his business. "In reality, what we're going to do with our asset mix is unlikely to be different now than it would've been with the Paris accord," Denault told "Mad Money" host Jim Cramer on Friday

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Embattled Chamber CEO gets support from former Kentucky colleagues

stltoday.com

Embattled Chamber CEO gets support from former Kentucky colleagues

- Eight business leaders in Louisville, Ky., have written to the St. Louis Regional Chamber in support of President and CEO Joe Reagan as his management of the economic development nonprofit remains under review. While not addressing any of the claims against Reagan for his tenure in St. Louis since 2012, individuals including Maker’s Mark Chairman Emeritus Bill Samuels Jr. said Reagan’s leadership of Greater Louisville Inc

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Don’t bet on a Steve Jobs-like vindication for Uber’s ousted CEO

bostonglobe.com

Don’t bet on a Steve Jobs-like vindication for Uber’s ousted CEO

- Could the ouster of CEO Travis Kalanick from the ride-hailing service Uber be a blessing in disguise? It worked out that way for another spiky, arrogant technology chieftain who was booted by the company he had built. Twenty years after that stinging humiliation, Apple Inc.’s chief executive, Steve Jobs, told the 2005 graduating class at Stanford University that “getting fired from Apple was the best thing that could have ever happened to me

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Amazon CEO Jeff Bezos may be single-handedly killing inflation

cnbc.com

Amazon CEO Jeff Bezos may be single-handedly killing inflation

- Amazon CEO Jeff Bezos has changed the way the retail world operates. He may be about to exert a similar level of pressure on the economy and expectations for future price trends at the supermarket. At a time when central banks are starting to gird against an expected rise in inflation ahead, Bezos' move to acquire Whole Foods looks to be a significant counterweight

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Amazon CEO Jeff Bezos’ grocery ‘Waterloo’ is now his biggest opportunity

seattletimes.com

Amazon CEO Jeff Bezos’ grocery ‘Waterloo’ is now his biggest opportunity

- Two years ago, speaking at a conference table at his offices in Austin, Texas, Whole Foods Market founder and then co-Chief Executive Officer John Mackey predicted imminent doom for rival Amazon.com in the fiercely competitive grocery business. “Amazon Fresh is their Waterloo,” said Mackey, known paradoxically both for his earthy passion for organic foods and his imperious business swagger. “What’s the one thing people want? Convenience

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The shakeup at GE continues

bostonglobe.com

The shakeup at GE continues

- The management shakeup continues over at General Electric. Steve Bolze, former CEO of the GE Power division, is retiring after he was passed over for the top post at the Boston-based industrial giant. Bolze led GE Power for 11 years and was one of the top contenders for CEO Jeff Immelt’s job. But Immelt and the GE board instead picked John Flannery, the head of GE Healthcare, and announced Flannery’s new role on Monday

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Whole Foods CEO says 'greedy' investor wants to force sale

chicagotribune.com

Whole Foods CEO says 'greedy' investor wants to force sale

- John Mackey, the embattled chief executive officer at Whole Foods Market Inc., referred to activist investor Jana Partners as "greedy bastards" interested only in profiting from a forced sale of the grocer. "We need to get better, and we're doing that," Mackey said in an interview with Texas Monthly. "But these guys just want to sell us, because they think they can make 40 or 50 percent in a short period of time

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In interview, Whole Foods CEO calls agitators ‘greedy bastards’

mystatesman.com

In interview, Whole Foods CEO calls agitators ‘greedy bastards’

- Whole Foods Market CEO John Mackey comes out swinging in a new Texas Monthly interview, calling the agitators who’ve pushed for the Austin-based grocer to make a host of changes – including possibly putting itself up for sale – “greedy bastards” looking to make a quick buck. Mackey tells the magazine he was just about to kick off the book tour for “The Whole Foods Diet” when he first learned that Jana Partners had snatched up 9 percent of the company’s stock

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Morgan Stanley CEO says Saudi Arabia could be 'major opportunity'

reuters.com

Morgan Stanley CEO says Saudi Arabia could be 'major opportunity'

- Morgan Stanley (MS.N) CEO James Gorman said Saudi Arabia could be a "major opportunity" for the firm as the country unveiled plans for oil giant Saudi Aramco's $100 billion initial public offering and introduced a series of reforms to attract foreign capital in 2015. Gorman, speaking at the bank's financials conference in New York, said he has personally been spending a significant amount of time in Saudi Arabia, as has President Colm Kelleher

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Uber CEO takes leave of absence on same day company culture report released

abc7news.com

Uber CEO takes leave of absence on same day company culture report released

- Tuesday, June 13, 2017 06:22PM Uber's CEO is taking a leave of absence. Travis Kalanick sent a company-wide email on Tuesday for an undetermined length of time. His leave comes on the same day a report on the company's culture was released. of this exchange between board members Arianna Huffington and David Bonderman during Uber's staff meeting Tuesday. "There's a lot of data that shows when there is one woman on the board, it's much more likely that there will be a second woman on the board," Huffington said in the recording

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Uber CEO to take leave; report recommends broad changes

abc7chicago.com

Uber CEO to take leave; report recommends broad changes

- SAN FRANCISCO -- Uber CEO Travis Kalanick will take a leave of absence for an unspecified period and let his leadership team run the troubled ride-hailing company while he's gone. Kalanick told employees of his decision Tuesday in a memo, saying he needs time off to grieve for his mother, who died in a May boating accident. He also says he's responsible for the company's current situation and needs to become a better leader

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Uber CEO to take leave, leadership team to run company

detroitnews.com

Uber CEO to take leave, leadership team to run company

- San Francisco — Uber CEO Travis Kalanick will take a leave of absence for an unspecified period and let his leadership team run the troubled ride-hailing company while he’s gone. Kalanick told employees about his decision Tuesday in a memo. He says he needs time off to grieve for his mother, who died in a May boating accident. He also says he’s responsible for the company’s current situation and needs to become a better leader

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Uber CEO to take leave, leadership team to run company

seattletimes.com

Uber CEO to take leave, leadership team to run company

- SAN FRANCISCO (AP) — Uber CEO Travis Kalanick will take a leave of absence for an unspecified period and let his leadership team run the troubled ride-hailing company while he’s gone. Kalanick told employees about his decision Tuesday in a memo. He says he needs time off to grieve for his mother, who died in a May boating accident. He also says he’s responsible for the company’s current situation and needs to become a better leader

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Uber chief business officer to leave company amid turmoil

wlwt.com

Uber chief business officer to leave company amid turmoil

- Uber's board has yet to decide whether CEO Travis Kalanick should take a leave of absence. Uber chief business officer to leave company amid turmoil Uber's board has yet to decide whether CEO Travis Kalanick should take a leave of absence. DETROIT (AP) — Uber Chief Business Officer Emil Michael is leaving the ride-hailing company just a day before the scheduled release of a report that is expected to recommend notable changes to Uber's culture and management

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Latest Stories

Don't tar us all with same brush says tech leader of Uber's CEO departure
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Chinese CEOs are less optimistic about the global economy than peers, survey finds
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Five Texas executives named among highest-rated CEOs in Glassdoor's 2017 list
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GM CEO Mary Barra sees need for engagement with Trump
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Ex-Barclays chief says banking could face its own ‘Kodak moment’; urges banks to embrace fintech solutions
Ex-Barclays chief says banking could face its own ‘Kodak moment’; urges banks to embrace fintech solutions The former chief executive officer of Barclays has warned that banks could be faced with their own "Kodak moment" by falling into irrelevance if they fail to keep up with the pace of rapidly developing fintech technologies. Antony Jenkins, who was the group CEO of Barclays from 2012 until he was sacked in 2015, said that the opportunities produced by digital ledger technologies such as blockchain could result in efficiency savings of between $80 billion-$110 billion   Read More ...
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Apple, Cisco team up to push for cyber security insurance discounts
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* Valmont appoints Stephen G. Kaniewski as chief executive officer effective 12/31/17. * Valmont Industries Inc - Kaniewski will succeed Mogens C. Bay, Valmont's chairman and CEO* Valmont Industries Inc - mogens C. Bay will become executive chairman on December 31, 2017, for a transitional period Source text for Eikon: Further company coverage: BRIEF-WSFS Financial - acting U.S. Attorney for district of Delaware announces WSFS customer, was charged by Federal grand jury on June 15 * WSFS Financial - acting u   Read More ...
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BRIEF-Laurie Brlas gets elected to Albemarle board of directors
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Apple CEO touts India impact in push for deeper market access
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Apple, Cisco team up to push for cyber security insurance discounts
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Amtrak names former Delta executive as next CEO
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Corporate Governance Looms as an Issue for Nestlé
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Silicon Valley CEOs can't get enough of Indian PM Modi
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MOVES-Baird hires new managing director for global healthcare team
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BRIEF-Commercial Metals names Barbara Smith as CEO, effective Sept. 1
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Ex-Publicis CEO won’t retire at 75 ... He wants to start a new business instead
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Indian Prime Minister Modi gets rave reviews after meeting with US CEOs
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Modi in US: GST can be subject of US B-schools, says PM
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Qatar's emir meets Exxon Mobil Corp CEO, state news agency says
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Apple CEO Attends U.S. Business Leader Roundtable With Indian Prime Minister
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Financial companies neglected on Moon's US trip
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Mark Zuckerberg's snub of White House could backfire as Europe goes after U.S. Internet giants
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Entergy CEO says Trump leaving Paris accord does not change much
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Clorox tops list of 100 highest-rated CEOs
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BRIEF-Batero Gold says CEO and president Felipe Ferraro resigned; ‍Gonzalo De Losada to succeed
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BRIEF-Aoxin tianli group appoints Luchang Zhou as CEO - SEC filing​
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Confidence, Humility and the Effective CEO.
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CEOs recall when teens like them actually worked summer jobs
Even CEOs have to start somewhere. Some of America's top executives made humbling debuts as teenagers in the workplace. They scrubbed toilets, cut tobacco, worked at McDonald's. Such work is becoming less common. Today's youths are more likely to enroll in summer school, do volunteer work or pursue extracurricular activities, especially to improve their prospects for college admission. At the same time, teens who do want summer work find that adults increasingly occupy the low-skill jobs that once went to younger workers   Read More ...
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Facebook CEO talks of family, puppy and new corporate mission
Facebook CEO talks of family, puppy and new corporate mission Dressed in his signature solid-color T-shirt and jeans, Facebook CEO Mark Zuckerberg came to Chicago on Thursday and outlined the start of a new chapter in the social network's life. Before describing his plan during a West Loop conference for a few hundred invited Facebook devotees, Zuckerberg disarmingly addressed the crowd with a couple of personal asides. "Before we get started, I want to introduce myself   Read More ...
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Embattled Chamber CEO gets support from former Kentucky colleagues
Embattled Chamber CEO gets support from former Kentucky colleagues Eight business leaders in Louisville, Ky., have written to the St. Louis Regional Chamber in support of President and CEO Joe Reagan as his management of the economic development nonprofit remains under review. While not addressing any of the claims against Reagan for his tenure in St. Louis since 2012, individuals including Maker’s Mark Chairman Emeritus Bill Samuels Jr. said Reagan’s leadership of Greater Louisville Inc   Read More ...
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H&R Block CEO Bill Cobb sells $13 million of stock ahead of retirement
H&R Block CEO Bill Cobb sells $13 million of stock ahead of retirement H&R Block CEO Bill Cobb sold 750,000 Block shares this week in a move to diversify his assets ahead of retirement from the company at the end of next month. The value of the sales topped $13.2 million. Cobb’s sales came about a month ahead of his retirement after six years at the helm of the Kansas City-based tax preparation company   Read More ...
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American Airlines CEO writes a scathing response to Qatar Airways' desire to invest
American Airlines CEO writes a scathing response to Qatar Airways' desire to invest American Airlines is not happy with Qatar Airways' intent to invest. American Airlines CEO Doug Parker sent a letter to employees on Thursday in response to Qatar Airways announcing their offer to acquire a 10 percent stake in the company. In the letter, Parker uses the word "puzzling" to describe Qatar Airways' intention to invest and specifically points out "illegal subsidies" as the reason behind his criticism   Read More ...
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Hain CEO seeks to reassure shareholders after probe finds no financial wrongdoing
Hain CEO seeks to reassure shareholders after probe finds no financial wrongdoing Hain Celestial founder and CEO Irwin Simon on Thursday sought to reassure weary investors even as a lengthy accounting probe cleared the company of wrongdoing but failed to help its battered stock price. Weighing on the shares is a weak outlook provided by management. Nonetheless, the chief executive was upbeat on the company's future and also saw a silver lining in Amazon's planned purchase of Whole Foods   Read More ...
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American Airlines CEO says Qatar proposal makes no sense
American Airlines CEO says Qatar proposal makes no sense American Airlines Chairman and CEO Doug Parker is blunt about how he views Qatar Airways proposal to buy up to ten percent of his airline. The suggestion of Qatar taking a stake in American was first raised by Qatar Airways CEO Akbar Al Baker two weeks ago when he approached Parker at an industry conference in Cancun, Mexico. What was Parker's reaction? "I found it confusing   Read More ...
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'No shrinking violets' in room with Trump as drone CEOs lobbied hard for looser regulations
'No shrinking violets' in room with Trump as drone CEOs lobbied hard for looser regulations Executives from several drone companies who met with President Trump at the White House lobbied hard for looser rules for their industry and found him sympathetic, says one CEO who was there. "The President expressed concerns that over-regulation of the drone industry would cause the U.S. to fall behind other countries" in the technology, while portraits of George and Martha Washington looked down from the walls, Torres Declet said from the White House   Read More ...
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Uber needs to hire a dream team — fast. Here's a fantasy draft list of business' most valuable free agents
Uber needs to hire a dream team — fast. Here's a fantasy draft list of business' most valuable free agents One of Silicon Valley's hottest companies has a slew of high-level jobs up for grabs. CEO Travis Kalanick has stepped down. President Jeff Jones left the company. The search for a chief operating officer is still underway. The executives in charge of business, finance, communications, engineering and self-driving cars are all out the door. But hiring someone away from a highly paid position can be hard, expensive and time-consuming, especially for a company that needs to staff up on the double   Read More ...
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Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO
Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO TAIPEI Taiwan's Foxconn will continue to pursue an acquisition of Toshiba Corp's chip business, a day after the troubled conglomerate chose a rival suitor as the preferred bidder, the head of Foxconn's Japanese unit said. "We will continue our efforts," Sharp Corp CEO Tai Jeng-wu told reporters on the sidelines of Foxconn's annual shareholders meeting. "We will use our track record, our efforts at Sharp, Foxconn's global reach - we are a global company, not a Taiwan company," Tai said   Read More ...
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GSK's new CEO aims to divest sports nutrition brand: sources
GSK's new CEO aims to divest sports nutrition brand: sources LONDON GlaxoSmithKline Plc's new Chief Executive Officer Emma Walmsley is shaking up the British drugmaker's portfolio of smaller products with plans to divest its MaxiNutrition sports nutrition brand, two people familiar with the matter said on Thursday. GSK bought the business, which makes protein bars, drinks and powders, for 162 million pounds ($205 million) in 2010 under previous CEO Andrew Witty   Read More ...
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Uber's Next CEO Has to Face This Huge Challenge
Uber's Next CEO Has to Face This Huge Challenge News broke on Tuesday that Kalanick would step down as CEO of the company he founded roughly eight years ago. Since Uber's inception in 2009, venture capitalists have poured money to stake a claim in Kalanick's vision of the future, making it the most valuable startup in the world worth nearly $70 billion. But after a tumultuous start to 2017, Uber's fate only worsened   Read More ...
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Five telling things the Whole Foods CEO said about the Amazon deal in an employee town hall
Five telling things the Whole Foods CEO said about the Amazon deal in an employee town hall Whole Foods CEO John Mackey doesn't shy away from an extended metaphor. He called the deal announced June 16 for online behemoth Amazon to buy his grocery chain a “whirlwind courtship,” saying the two companies met on a “blind date" a little over six weeks ago and now are “officially engaged." The grocery founder, whose planned $13.7 billion combination with Amazon jolted the retail industry last week, didn't end the comparison there   Read More ...
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