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Intel CEO “Retires” after Clashing with Board of Directors
Intel CEO “Retires” after Clashing with Board of Directors Intel CEO Pat Gelsinger “retired” a few days ago on December 1 after he had been appointed to the position just three years ago in 2021. The official Intel press release had stated Gelsinger retired on his own accord. Subsequently, news outlets, citing reliable insider sources, […]
On the UnitedHealthcare shooting…
If you’ve been following the news in the last few days, you may have heard about the fatal shooting of UnitedHealthcare’s CEO, Brian Thompson, on Wednesday. I first came across this news due to some tweets that were mocking the police’s efforts to find the shooter, among a clear lack of empathy for Thompson’s death. […]
Now AI Washing? Is There Anything a Corporation Won’t Try?
I couldn’t resist posting this link to an article I found by Stewart Muglich, “AI Washing: Regulator Urges Accurate Disclosures by Issuers . At one point the article states, when “statements are not supported by facts and corporate activities, they are misleading and promotional, thus inappropriate.”[1] I whole heartedly agree but I would go a […]
“Hedge Fund Cult Leader Ray Dalio”
Hi everybody! I came across this article from 2011 on Ray Dalio, the founder – and, at the time, CEO and CIO – of Bridgewater Associates, the world’s biggest hedgefund. The article describes how Dalio has created a corporate culture based on “radical transparency” and “self-actualization” which translates to: Accepted criticisms of each other, with […]
Failure to pick a side politically may hurt your business: Washington Post lost roughly 10% of subscribers.
It seems that Murdoch is not the only person who thinks picking a side in the media business is uber important, as apparently a significant amount of Washington Post readers thought so too. I asked Canva to generate a picture of “angry readers boycotting Washington Post”, and this is what I got. Hopefully my good […]
Documentary Spotlight: Buy Now! The Shopping Conspiracy
Hello Everyone, In this brief post, I want to share a documentary I recently came across on Netflix called “Buy Now! The Shopping Conspiracy.” After watching it, I found it to be highly relevant to this course, as it explores the implications of directors’ duties to the corporation and how it affects its operations. It […]
“Potato Cartel”? Price Fixing and Corporate Liability
CBC News recently reported that two NDP MPs have asked the Commissioner of Competition (i.e. the Competition Bureau) to look into the alleged price fixing of frozen potato products in grocery stores.[1] This request follows from proposed class actions that have been filed in the US regarding the same matter.[2] There are two Canadian companies […]