In a surprising move, Kohl's Corp. has fired CEO Ashley Buchanan after only four months due to violations involving undisclosed conflicts of interest. Board Chair Michael Bender steps in as interim CEO amid ongoing struggles with declining sales and profits.
Elon Musk announces a significant shift in focus back to Tesla as the company faces a 71% earnings drop. After months in the Trump administration, he assures investors of renewed commitment to Tesla's future.
The FCC, led by Chairman Brendan Carr, is investigating Disney's DEI practices, raising concerns over potential discrimination. Disney has revised its programs, but questions remain about compliance.
Ben & Jerry's claims Unilever fired CEO David Stever for his commitment to social issues, sparking a legal battle over corporate censorship and political expression. As tensions rise, the future of this iconic brand hangs in the balance.
In a surprising turn of events, Kroger's CEO Rodney McMullen has resigned following an investigation into his personal conduct. The board found his actions inconsistent with company ethics, impacting Kroger's turbulent period post-merger collapse with Albertsons. Ronald Sargent steps in as interim CEO.
In a surprising turn of events, Kroger CEO Rodney McMullen has stepped down following a probe into his personal conduct. The investigation, which found inconsistencies with the company's ethics policy, was unrelated to business operations. Ron Sargent will serve as interim CEO.