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Business
Red Lobster’s new CEO Damola Adamolekun admits the endless shrimp deal caused “chaos”
Red Lobster’s new CEO Damola Adamolekun admitted that its $20 endless shrimp offering — which contributed to the restaurant filing…
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Tech
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
OpenAI CEO Sam Altman flatly denied that he will receive a huge equity stake in the startup worth billions of…
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Business
OpenAI reportedly mulls $10B payday for Sam Altman
OpenAI is reportedly discussing giving CEO Sam Altman a 7% equity stake while restructuring the artificial-intelligence giant as a for-profit…
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Business
Google antitrust battles will drag on for ‘years,’ Sundar Pichai says
Google will be tied up in court for “many years” as it attempts to avoid a crackdown in a pair…
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Business
Disney CEO Bob Iger ‘obsessed’ with finding his replacement
Disney CEO Bob Iger said he is laser-focused on finding his replacement by the time he steps down in 2026…
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Business
Starbucks gives new CEO Brian Niccol company jet to fly from California home to Seattle HQ
Starbucks has given its new CEO Brian Niccol a corporate jet to make the super commute from his southern California…
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Business
Disney tasks Morgan Stanley’s James Gorman to lead CEO search
Walt Disney on Wednesday named board member and Morgan Stanley executive chairman James Gorman to chair its succession planning committee, which is looking…
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Tech
Roger Goodell talks NFL private equity deals, Bill Gates spotted with girlfriend in Sun Valley
The NFL could soon allow private equity firms to buy significant team ownership stakes, Commissioner Roger Goodell said in an…
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Business
Shari Redstone flashes big smile as she jets into Sun Valley for ‘summer camp for billionaires’ after Paramount deal
Billionaire Shari Redstone was all smiles Tuesday as she joined other business, tech and media moguls who jetted into Sun…
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Business
Washington Post CEO Bill Lewis running damage control
New Washington Post CEO Will Lewis is already running damage control after he ignited a firestorm at the legacy newspaper…
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