Jean-Claude Arnobit
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Cheniere Energy Names Neal Shear Interim President And CEO: G. Andrea Botta Appointed As Chairman Of The Board
Cheniere Energy, Inc. has named board member Neal A. Shear as the interim president and CEO, and board member G. Andrea Botta as the chairman of the board of directors, effective immediately.
Exxon Mobil Senior VP Darren Woods Elected As Oil Company’s Next President, Keeping With Company’s Practice Of Promoting From Within
Exxon Mobil Corporation has announced in a press release that Darren W. Woods, the current senior vice president of the corporation, is elected to be Exxon Mobil’s next president and a member of the board.
Hilcorp Pays Employees $100K Bonus For Reaching Company Targets
Hilcorp Energy Company is giving all of its employees, whatever the position, $100,000 bonus this year, according to a report from KTVU.
Elon Musk Launches OpenAI To Investigate Artificial Intelligence Without The Need To Turn A Profit
Elon Musk, together with other tech bigwigs, Sam Altman, Peter Thiel, Reid Hoffman, and Jessica Livingston have contributed $1 billion in funding to OpenAI, a research company, according to an introductory blog post.
Hilcorp Files Development Plan For Liberty Project, Looks to Build Island To Extract Arctic Offshore Oil
Hilcorp Alaska, LLC has announced in a press release that it has filed a Development and Production Plan with the U.S. Bureau of Ocean Energy Management (BOEM) for the Liberty Project.
Sunrun Opens Corporate Office in Denver, Pledges To Hire Up To 800 Workers In The Next Few Years
Sunrun Inc., the largest dedicated residential solar company in the U.S. has announced in a press release that it will be opening a new corporate office in Denver, Colorado.
Kitson Closes All Stores, Boutique Has Been Struggling Since 2013
Kitson, an upmarket department store chain, is preparing to close all of its 17 retail locations as well as its online shop, Shokitson.com, according to a report from the Los Angeles Times. The boutique chain, known as the shop being frequented by the likes of Paris Hilton and Lindsay Lohan, has been struggling since 2013 as it over-expanded, at times opening in areas with high rents.
Several Airlines Ban Hoverboards, Concerns About Fire Safety Cited
Several airlines, including British Airways, are starting to ban the carriage of hoverboards, the gliding vehicles which have become an international craze in recent months, according to the Wall Street Journal.
Ford to Invest $4.5 Billion in Electric Vehicles by 2020
Ford Motor Company has announced in a press release that it will be investing an additional $4.5 billion in electrified vehicles solutions by 2020.
Ford Tests Ride-Hailing Service, Looks To Decongest Traffic And Make Public Transit More Accessible
Ford Motor Company has announced in a press release that it is piloting the Dynamic Shuttle service, an on-demand ride sharing service, for its employees to use around its Dearborn, Michigan campus.
AIG Announces Changes in Leadership Team, Looking to Execute Strategic Priorities and Provide Value
American International Group, Inc. (AIG) has announced in a press release the formation of a new executive leadership team. The changes in the leadership team are designed to help execute the company’s strategic priorities and provide value to its clients around the world.
Dow Chemical And DuPont in Advanced Talks to Merge, Combined Worth Estimated At $120 Billion
Dow Chemical Co. and DuPont Co. are already in advanced talks for a merger and deal could be announced in the coming days, people familiar with the matter told the Wall Street Journal.
FLIR To Provide Thermal Imaging Technology To DJI's Drones To Assist Police, Firefighters, Farmers
FLIR Systems, Inc. has announced in a press release that they are collaborating with DJI Innovations, a leader in the drone industry, in which FLIR’s thermal imaging technology will be used DJI’s drones.
Sweet Leaf Tea Recalls 16-Ounce Bottles Due To Possible Presence of Glass Fragments
The Sweet Leaf Tea Company has announced in a press release that it is voluntarily recalling the Sweet Leaf Tea in 16-ounce glass bottles because of the possible presence of glass fragments in the bottles.
Walmart Introduces Walmart Pay: Is This The Beginning Of The End For MCX's CurrentC Payment System?
Wal-Mart Stores, Inc. has introduced Walmart Pay, a fast, easy and secure way for customers to pay with their smartphones in Walmart stores, according to a news release issued this week by the company.
Faraday Future Vows To Invest $1 Billion For New Production Facility in Nevada, Add 4,500 Jobs
Faraday Future, a new electric vehicle and future mobility startup company, has said in a letter published in the company’s website that they have selected North Las Vegas, Nevada for its $1 billion facility.
AccorHotels To Acquire 3 Iconic Hotel Brands, Enhancing Company's Footprint In Luxury Segment
AccorHotels has announced in a press release that it will be acquiring FRHI Holdings Ltd., the parent of Fairmont, Raffles, and Swissotel hotel brands.
Pekka Rantala Steps Down As Rovio CEO, Shifts More Operational Responsibility To Games Division
Rovio Entertainment Ltd., a global entertainment media company and the maker of “Angry Birds,” has announced in a press release that Pekka Rantala will be stepping down as the CEO of the company.
United Airlines Brings Back Free Snack, To Introduce New Signature Snacks As Well
United Airlines, Inc. has announced in a press release that complimentary snacks will be offered on all of the airline’s flights within North America and Latin America by February 2016. The complimentary free snacks come as United Airlines prepares to bring illycaffe’s signature scuro dark roast coffee to United Club locations at the airline’s hubs in the U.S.
Boeing Schedules 1st Flight Test For New 737 MAX 8 For Early Next Year
The Boeing Co. has announced in a press release the completion of the final assembly of its first 737 MAX 8, which rolled out of the company’s factory in Renton, Wash. on Nov. 30. The new airplane is on schedule for its first test flight in early 2016.
Morgan Stanley Adds Alistair Darling to Board of Directors Following PIMCO's Appointment Of Gordon Brown To Global Advisory Board
Morgan Stanley has announced in a press release that Alistair Darling, a former member of the British Parliament, has been elected to the Company’s board of directors.
Didi Kuaidi Hires Jerry Yang As Senior Adviser, Apparently Hoping To Strengthen its Tech Alliance
Didi Kuaidi, the largest car-hailing app in China, has just appointed Jerry Yang, co-founder of Yahoo, to its board as senior advisor, according to a report from Techcrunch.
EU Slaps Qualcomm With Antitrust Charges, Company Accused Of Exclusivity Payments, Predatory Pricing
The European Commission has charged Qualcomm Incorporated with abusing its dominant position in the worldwide markets for 3G and 4G based chipsets, according to a press release issued by the Commission.
Morgan Stanley To Cut 1,200 Jobs, Will Take $150 Million Severance Charge
Morgan Stanely will be cutting 1,200 jobs, including about 470 traders and salespeople in the company’s fixed-income and commodities business, a person with knowledge of the matter told Bloomberg.
IBM Acquires Clearleap, Angles To Advance Cloud Video Services
International Business Machines Corporation (IBM) has announced in a press release that it has acquired Clearleap, Inc., a provider of cloud based video service.
Yahoo To Hold Off On Spinning Off Alibaba Stake, Examine Deal Involving Core Business
Yahoo!, Inc. will not be pushing through with its spinoff of its stake in Alibaba Group Holding Ltd., sources have told CNBC. The company would instead examine a deal that would involve its core business and its stake in Yahoo Japan.
JAB Holding-Led Investor Group To Acquire Keurig In Hopes Of Creating Global Coffee Empire
Keurig Green Mountain, Inc. has announced in a press release that it will be acquired by an investment group led by JAB Holding Company for approximately $13.9 billion.
PIMCO Creates Global Advisory Board, Names Ben Bernanke, Jean-Claude Trichet, Gordon Brown To Board
Pacific Investment Management Co. (PIMCO) has announced in a press release that it is forming a Global Advisory Board to provide insight on the company’s global economic, political, and strategic developments.
BBCN To Acquire Wilshire for $1 Billion, Looks To Create Only Super Regional Korean-American Bank in the U.S.
BBCN Bancorp, Inc. has announced in a press release that it entered into an agreement with Wilshire Bancorp, Inc. to combine in a strategic merger of equals. The transaction would create the only super regional Korean-American bank in the U.S.
CMA CGM Annouces Plans To Acquire Neptune Orient, Aims To Reinforce Global Shipping Position
CMA CGM, a French container shipping company, has announced in a press release that it will be acquiring Neptune Orient Lines (NOL). The acquisition will enable CMA CGM to reinforce its position in the container shipping industry.
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