Bernard J. Tyson, the chairman and chief executive of Kaiser Permanente, the large and influential California health care organization that many view as a model for the rest of the country, died on Sunday. He was 60. In a statement, the company said he had unexpectedly died in his sleep but gave no other details. […]
Let’s get this out of the way. Netflix will not do any of the following anytime soon. Show ads, like Hulu. Make games, like Fortnite. Produce news, like television. Create short-form content, like Quibi. Show sports. That fast-forward button? That’s real. Just an experiment — for now. Reed Hastings, the chief executive of Netflix, made […]
(Reuters) – WeWork has started a search for a new chief executive following the departure of co-founder Adam Neumann, people familiar with the matter said on Monday, as the U.S. office-sharing start-up seeks to reverse its widening losses. WeWork’s current co-CEOs, Artie Minson and Sebastian Gunningham, have only been in place since September, but talks […]
(Reuters) – Alphabet Inc’s Google is teaming up with a health-care company on a secret project to collect personal health-related information of millions of Americans across 21 states, the Wall Street Journal reported on Monday. Google launched “Project Nightingale” last year with St. Louis-based Ascension, according to the report, citing people familiar with the matter […]
Troubled manufacturer British Steel looks like its has been given a reprieve thanks to a deal with Chinese firm Jingye. Unions have welcomed the expected announcement, which could save as many as 4,000 jobs. A spokesman for the Community trade union said: "If this is confirmed, then we welcome this positive step towards securing British […]
Britain’s biggest bakery chain Greggs has raised its profit forecast for 2019 in the face of continued “very strong” trading. The takeaway giant, which had more than 2,000 outlets across the UK, raised its previous expectations after seeing total sales grow by 12.4% in the six weeks to 9 November, compared to 8.5% for the […]
Money Hacks Ep 58: Credit cards for millennials 9:54 min Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips. This episode focuses on credit cards for millennials specifically. We speak with Natalia Goh, head of credit cards and personal loans at Standard Chartered Bank Singapore who . She […]
BEIJING/SHANGHAI (Reuters) – Fewer new energy vehicles (NEV) could be sold in China this year than in 2018, an official at the country’s biggest auto industry association said on Monday, as customers hold back on purchases following a government decision to cut subsidies. Chen Shihua, assistant secretary general at China Association of Automobile Manufacturers (CAAM), […]
Investment firm Prosus has urged shareholders in Just Eat to accept its £4.9bn (€5.7bn) hostile bid as soon as possible, as a bidding war intensified for the delivery giant. Prosus said investors should accept the offer, at least by December 11, the first closing date. However Just Eat’s board last month called on its shareholders […]
When Boeing’s chief executive was asked by Congress last month if the company was working to get lawsuits related to the deadly crash of Lion Air Flight 610 transferred from the United States to Indonesia, where the accident occurred, he pleaded ignorance. “I can’t comment on that,” Dennis A. Muilenburg, the chief executive, said during […]