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Carlos Slim, the wealthiest individual in Latin America, has acquired a 3.2% stake in BT, a move that analysts consider a surprising yet strong endorsement of the British telecom company's prospects. Slim, whose net worth is approximately $93 billion, now holds a stake worth around $512 million in the FTSE...

The average worker spends over 11 hours a week manually transcribing and composing their thoughts into text. It’s a necessary step in creating a work document, in sending an email, and in doing average day-to-day work. Even beyond the workplace, people take notes throughout the day on important concepts and...

Alphabet, Google's parent company, announced that Anat Ashkenazi will take over as Chief Financial Officer effective July 31, succeeding Ruth Porat, who transitioned to a new role as President and Chief Investment Officer almost a year ago. Strong Leadership Transition Anat Ashkenazi brings with her a wealth of experience from...

Developed nations seem to have finally met their goal of raising US$100 billion in climate aid for developing countries in 2022, two years past the original deadline. The Organisation for Economic Co-operation and Development (OECD) reported a total of US$115.9 billion raised for climate-related projects, marking a record surge in...

We inhabit a world that is fiercely competitive and exceedingly complex. Succeeding in the business realm is becoming increasingly difficult, with every moment being precious. Nonetheless, effective leadership can significantly influence an organization's success. CEO’s have the power to provide a competitive advantage by exemplifying and mentoring discipline, articulating a...

The southwest Las Vegas Valley now leads the region in median household income, according to Colliers' latest report. In the first quarter, the median annual household income in this area reached $88,423, surpassing Henderson's $86,682. This represents a shift from the first quarter of 2023 when the figures were $90,531...

A significant number of Wipro’s public shareholders have expressed disapproval of the cash compensation package for CEO Thierry Delaporte, according to recent regulatory filings. Nearly 80 percent of shareholders voted against a resolution to award Delaporte $4.33 million in cash compensation, highlighting a rare instance of minority shareholder dissent regarding...

In 2023, the highest-paid CEO was Hock Tan, the CEO of the chipmaker Broadcom. He received a total compensation of $161.83 million. Although some other high-wattage CEOs like Tim Cook of Apple, who is ranked 6th with a compensation of $63.2 million, or Shantanu Narayen, the CEO of Adobe, ranked...

Ernest Garcia II: The Patriarch and Major Shareholder At the age of 67, Ernest Garcia II is the principal shareholder of Carvana, an online marketplace for selling used cars and offering auto loans, which launched its IPO in 2017. Carvana was initially established by his son, Ernest Garcia III, as...

Your Part-Time Controller, LLC (YPTC) has appointed Nick Celenza as its new Chief Financial Officer. With extensive experience in both public companies and private equity environments, Celenza brings a robust background in financial strategy and operational leadership. Jennifer Alleva, CEO of YPTC, highlighted Celenza’s financial expertise and leadership experience, noting...