Executive changes

In this June 25, 2018, photo, Jack Ma, chairman of Alibaba Group attends the ceremony to launch a blockchain-base remittance solution in Hong Kong. Jack Ma, who founded e-commerce giant Alibaba Group and helped to launch China's online retailing boom, announced Monday, Sept. 10, 2018 that he will step down as the company's chairman next September. In a letter released by Alibaba, Ma said he will be succeeded by CEO Daniel Zhang. Ma handed over the CEO's post to Zhang in 2013 as part of what he said was a succession process developed over a decade. (Chinatopix via AP)
September 09, 2018 - 11:39 pm
BEIJING (AP) — Jack Ma, who founded e-commerce giant Alibaba Group and helped launch China's e-commerce boom, announced Monday he will step down as the company's chairman next September. In a letter released by Alibaba, Ma said he will be succeeded by CEO Daniel Zhang, an 11-year veteran of the...
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FILE - In this Sept. 19, 2017, file photo, Les Moonves, chairman and CEO of CBS Corporation, poses at the premiere of the new television series "Star Trek: Discovery" in Los Angeles. On Sunday, Sept. 9, 2018, CBS said longtime CEO Les Moonves has resigned, just hours after more sexual harassment allegations involving the network's longtime leader surfaced. (Photo by Chris Pizzello/Invision/AP, File)
September 09, 2018 - 10:20 pm
NEW YORK (AP) — The Latest on sexual misconduct allegations against CBS chief Leslie Moonves (all times local): 8:15 p.m. Shortly after resigning as CEO of CBS, Les Moonves again denied sexual misconduct allegations. Moonves' three-paragraph statement says "untrue allegations from decades ago" are...
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FILE- In this June 24, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Shares of electric car maker Tesla Inc. tumbled over 9 percent as the markets opened Friday, Sept. 7, after the CEO smoked marijuana during a YouTube video podcast and the company’s accounting chief left after a month on the job. (AP Photo/Kiichiro Sato, File)
September 07, 2018 - 11:58 pm
Another executive departure, another controversy over the CEO's behavior, another stock drop. Another typical day at Tesla. Although the details change, the pattern stays the same. This time, the executive departure is David Morton, chief accounting officer at Tesla Inc., who called it quits after...
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FILE - In this Oct. 10, 2010, file photo, Richard DeVos, Orlando Magic owner and Amway Inc. co-founder, smiles after welcoming fans to the new Amway Center before a preseason NBA basketball game against the New Orleans Hornets in Orlando, Fla. DeVos, the billionaire father-in-law of Education Secretary Betsy DeVos, died Thursday, Sept. 6, 2018. He was 92. (AP Photo/Phelan M. Ebenhack, File)
September 06, 2018 - 1:50 pm
DETROIT (AP) — Billionaire Richard DeVos, co-founder of direct-selling giant Amway, owner of the Orlando Magic and father-in-law of Education Secretary Betsy DeVos, died Thursday. He was 92. Family spokesman Nick Wasmiller says DeVos died at his western Michigan home due to complications from an...
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This undated photo provided by Intermountain Healthcare in September 2015 shows Dan Liljenquist, chairman of the Civica Rx board. This new generic drug company, launched by several major hospital groups on Thursday, Sept. 6, 2018, plans to tackle chronic shortages and high prices of widely used medications. (Intermountain Healthcare via AP)
September 05, 2018 - 11:11 pm
TRENTON, N.J. (AP) — Several major hospital groups Thursday launched their own generic drug company to tackle chronic shortages and high prices. The new company, Civica Rx, plans to start with 14 widely used hospital drugs long in short supply. The company isn't disclosing the drugs' names for...
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Louis Farrakhan, from left, Rev. Al Sharpton, Rev. Jesse Jackson and former President Bill Clinton attend the funeral service for Aretha Franklin at Greater Grace Temple, Friday, Aug. 31, 2018, in Detroit. Franklin died Aug. 16, 2018 of pancreatic cancer at the age of 76. (AP Photo/Paul Sancya)
August 31, 2018 - 8:31 pm
DETROIT (AP) — Former presidents and preachers joined a parade of singers Friday in a hip-swaying, piano-pounding farewell to Aretha Franklin, remembering the Queen of Soul as a powerful force for musical and political change and a steadfast friend and family member. "Aretha's singing challenged...
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President Donald Trump talks on the phone with Mexican President Enrique Pena Nieto, in the Oval Office of the White House, Monday, Aug. 27, 2018, in Washington. Trump is announcing a trade "understanding" with Mexico that could lead to an overhaul of the North American Free Trade Agreement. Trump made the announcement Monday in the Oval Office, with Mexican President Enrique Pena Nieto joining by speakerphone. (AP Photo/Evan Vucci)
August 28, 2018 - 12:46 pm
WASHINGTON (AP) — Canada's minister of foreign affairs is scheduled to hold talks in Washington on Tuesday in hopes of reaching a trade agreement with the United States, an urgent response after President Donald Trump announced a deal with Mexico on Monday that left out Canada. The official,...
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In this Feb. 9, 2017, photo Benjamin Smith, President, Passenger Airlines Air Canada, speaks before revealing the new Air Canada Boeing 787-8 Dreamliner at a hangar at the Toronto Pearson International Airport in Mississauga, Ontario. Air Canada's chief operating officer Smith has been named the new CEO of Air France-KLM. Smith will replace former Air France CEO Jean-Marc Janaillac, who quit more than three months ago when staff turned down his offer of a pay deal aimed at halting a wave of strikes. (Mark Blinch/The Canadian Press via AP)
August 17, 2018 - 3:56 am
PARIS (AP) — Unions at Air France-KLM voiced concern after the company appointed Benjamin Smith as the new CEO with the support of the French state. The company said Thursday that Smith, who is 46 and was previously Air Canada's chief operating officer, will fill the role by Sept. 30. Vincent...
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President Donald Trump signs the John McCain National Defense Authorization Act for the Fiscal Year 2019, during a signing ceremony Monday, Aug. 13, 2018, in Fort Drum, N.Y. (AP Photo/Hans Pennink)
August 13, 2018 - 4:52 pm
FORT DRUM, N.Y. (AP) — President Donald Trump on Monday signed a $716 billion defense policy bill named for John McCain but included no mention in his remarks of the Republican senator, who is battling brain cancer at home in Arizona. Trump and McCain are engaged in a long-running feud that dates...
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FILE - In this May 16, 2018 file photo, Environmental Protection Agency Administrator Scott Pruitt appears before a Senate Appropriations subcommittee on budget on Capitol Hill in Washington. A federal appeals court has ruled that the Trump administration endangered public health by keeping a top-selling pesticide chlorpyrifos on the market, despite extensive scientific evidence that even tiny levels of exposure could harm babies’ brains. The 9th U.S. Circuit Court of Appeals in San Francisco has ordered the Environmental Protection Agency to remove chlorpyrifos from sale in the United States within 60 days. (AP Photo/Andrew Harnik)
August 09, 2018 - 7:10 pm
WASHINGTON (AP) — A federal appeals court ruled Thursday that the Trump administration endangered public health by keeping a widely used pesticide on the market despite extensive scientific evidence that even tiny levels of exposure can harm babies' brains. The 9th U.S. Circuit Court of Appeals in...
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