Chevrolet Cruise autonomous vehicles sit parked in a lot in San Francisco, June 8, 2023.Justin Sullivan | Getty Images News | Getty ImagesCulture issues, ineptitude and poor leadership at General Motors' Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company...
Year: 2024
SEC to vote today on tough new rules for blank-check ‘SPAC’ companies
SEC Chair Gary Gensler testifies during the House Financial Services Committee hearing titled "Oversight of the Securities and Exchange Commission," in Rayburn Building on Wednesday, September 27, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe Securities and Exchange Commission, lead by Chair Gary Gensler, is voting Wednesday on new...
JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.Adam Galici | CNBCJPMorgan Chase on Thursday said several executives considered frontrunners to one day take over for CEO Jamie Dimon had new...
ECB’s Lagarde responds to scathing staff survey: ‘I’m very proud and honored to lead the institution’
European Central Bank President Christine Lagarde looks on as she attends the European Parliament's Committee on Economic and Monetary Affairs, at the European Parliament, in Brussels, Belgium September 25, 2023. Yves Herman | ReutersPresident Christine Lagarde on Thursday said she was "proud and honored" to leead the European Central Bank, after...
Federal Trade Commission bans ‘deceptive advertising’ for free filing from TurboTax maker Intuit
Sopa Images | Lightrocket | Getty Images"Absolutely no one should be surprised that FTC Commissioners — employees of the FTC — ruled in favor of the FTC as they have done in every appeal for the last two decades," Derrick Plummer, spokesperson for Intuit, said in a statement. "This decision...