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DoubleLine's Gundlach worrying about junk bonds, not recession

By Jennifer Ablan and Jonathan Stempel NEW YORK (Reuters) - Jeffrey Gundlach, the chief executive of DoubleLine Capital, on Thursday said he is worried that junk bond investors could recover exceptionally low amounts of principal when their debt goes into default. Show More Summary

MTV Taps Jacqueline Parkes As Head Of Marketing, Eli Lehrer To Run MTV2

New MTV President Sean Atkins has made key hires in his executive team, bringing in longtime Major League Baseball chief marketing offer Jacqueline Parkes as EVP of Marketing and Creative and Lifetime’s SVP and head of non-scripted Eli...Show More Summary

This VC thinks Apple CEO Tim Cook is like 'human Ambien' (AAPL)

Chamath Palihapitiya, the CEO of four-year-old VC firm Social Capital Partnership, doesn't have a high opinion of Apple CEO Tim Cook. He called the chief executive of the most valuable company in the world "human Ambien" during an interview...Show More Summary

Xi says China will boost cooperation with foreign groups

BEIJING (Reuters) - President Xi Jinping told Walt Disney Co Chief Executive Bob Iger on Thursday China would encourage more cooperation with foreign companies and organizations, amid persistent U.S.-China commercial tensions. Trade friction is an issue in the U.S. Show More Summary

Turkey's Prime Minister To Step Down As President Erdogan Pushes For More Power

12 hours agoNews : The Two-Way

Prime Minister Ahmet Davutoglu was seen by President Recep Tayyip Erdogan as lukewarm toward his effort to transform the largely ceremonial office of president into Turkey's chief executive.

Irish will have to restructure - Casey

London Irish will review its rugby department following Premiership relegation, chief executive Bob Casey confirms.

Priceline Warns on Profit Growth

Priceline warned investors its profit growth would slow sharply in the second quarter, the first challenge for interim Chief Executive Jeffery Boyd as he searches for a permanent successor.

Startup takes on ransomware defense for small businesses

SAN ANTONIO—Bret Piatt, chief executive officer of JungleDisk LLC is tired of watching ransomware viruses attack small businesses — and those companies paying hackers — because they can't afford to be out of commission for a while. So,...Show More Summary

Bangladesh Bank officials say to meet NY Fed, SWIFT; seek to recover stolen money

By Sanjeev Miglani and Serajul Quadir DHAKA (Reuters) - Bangladesh's central bank chief will meet the head of the Federal Reserve Bank of New York and a senior executive from global financial messaging service SWIFT next week to seek the recovery of about $81 million stolen by hackers, officials in Dhaka said. Show More Summary

The Power of C.E.O. Activism

by Aaron K. Chatterji and Michael W. Toffel Over the past few years, chief executives -- including prominent figures like Lloyd Blankfein of Goldman Sachs and Howard Schultz of Starbucks -- have been taking public stances on controversial issues like race relations and gender equality that are unrelated to their core businesses. Show More Summary

Druckenmiller says U.S. stock bull market 'exhausting itself'

By Sam Forgione NEW YORK (Reuters) - Stanley Druckenmiller, chief executive of Duquesne Family Office LLC, said on Wednesday he is bearish on the U.S. stock market, given the negative impact of the U.S. Federal Reserve and China's monetary policies on global growth. Show More Summary

Ralph Lauren's new CEO Stefan Larsson shakes up management to pursue growth

Ralph Lauren Corp. Chief Executive Officer Stefan Larsson, who took the helm in November, is shaking up management ranks amid efforts to restore growth to the preppy-apparel company. As part of the... To view the full story, click the title link.

Gundlach warns on 'safe' stocks, Trump presidency

By Trevor Hunnicutt NEW YORK (Reuters) - DoubleLine Capital LP Chief Executive Jeffrey Gundlach on Wednesday warned that increasing investor demand for ostensibly safe low-volatility stocks and utility stocks is a major risk facing markets. Show More Summary

Hulu officially confirms cable-like digital bundle, says it's set to reach 12 million subscribers

Hulu, the streaming service owned by major TV networks, confirmed that it is developing a cable-like digital service that would stream feeds of live programming from broadcast and cable TV channels. Chief Executive Mike Hopkins said the service is expected to launch in 2017 and would enable subscribers...

Cash-Strapped Hanjin Shipping in Last-Ditch Plea to Shipowners

By Mike Wackett (The Loadstar) – The chief executive of Hanjin Shipping, Tai Soo Suk, has written to owners of the ships it has on charter – and apparently to container terminal operators – pleading for help with rates. A letter to a...Show More Summary

Burberry Celebrates SoHo Store with Grand Night

Celebrating the recent opening of Burberry’s seventh store in New York City, chief creative and chief executive officer Christopher Bailey was on-hand at the fashion house’s SoHo flagship. Dressed by Burberry for the occasion, Hugh Dancy, Alex Sharp and Luka Sabbat were among the guests present to commemorate the special moment. Show More Summary

Hulu officially confirms cable-like digital bundle, says it's set to reach 12 million subscribers

Less than a week after rumblings surfaced that Hulu is developing a cable-like digital service that would stream feeds live programming from broadcast and cable TV channels, Chief Executive Mike Hopkins confirmed the news. The announcement was made during Hulu's presentation to advertisers Wednesday...

Oil Price Risk Forces Maersk to Plan Deeper Cost Cuts

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is adapting its cost base to prepare for the risk of lower crude prices as the world keeps producing more petroleum than it can consume, according to the chief executive officer of the Danish shipping and oil conglomerate. Show More Summary

A 40-person startup just bought a 1,100-person company, because 2016

Joe Atkins, chief executive officer of Bowers & Wilkins, has owned a majority stake in the half-century-old British speaker business for the last 30 years. On Tuesday, he told his 1,100 employees that he’s selling it to a tiny company...Show More Summary

Suspended Porsche R&D chief Wolfgang Hatz resigns

Another senior executive placed on suspension following the revelation of the Volkswagen Group’s diesel emissions cheating has stepped down. Porsche confirmed its R&D chief Wolfgang Hatz has resigned due to the ongoing internal investigations at the VW Group and his resulting prolonged leave of absence. Hatz, who was also in charge of...

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