What Intermountain’s CEO Didn’t Anticipate About Its Epic EHR Launch
Intermountain Health completed the largest single‑site Epic EHR rollout in September 2024, migrating all 34 hospitals and 400 clinics at once rather than in phases. CEO Rob Allen chose the “big‑bang” approach to avoid a multi‑year fragmented transition that would leave records disconnected. The go‑live succeeded technically, but revealed an unexpected challenge: clinicians’ professional identity suffered when newer staff mastered the system faster than seasoned nurses. The experience is reshaping Intermountain’s future tech strategy, including a cautious rollout of AI tools aimed at reducing administrative burden.
Wendy’s Bets Order Accuracy and Clean Stores Will Revive Sales
Wendy’s reported a 7.8% same‑store sales decline in Q1, marking the fifth consecutive quarter of drops. The chain is accelerating Project Fresh by expanding menu‑item label printers to over 85% of locations and launching a “White Glove” cleanliness program, which...
PayPal Rebrands as Tech Company, Embraces AI
PayPal says it’s ‘becoming a technology company again’ — that means AI 🤖 💬 PayPal is looking toward the future, despite its falling stock and looming layoffs. In its first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs...
Inside Beardbrand’s Expansion Plan
Beardbrand, the 15‑year‑old direct‑to‑consumer grooming brand, is confronting a revenue plateau and intensified competition. Founder Eric Bandholz outlines a growth plan that triples Meta ad spend, taps TikTok creator affiliates, and tests a $300 ultra‑premium beard trimmer. The company is revising...
Post Holdings CEO to Step Down
Post Holdings announced that President and CEO Robert Vitale will step down on Oct 1, 2026, remaining as executive chairman. Nicolas Catoggio, the company’s COO and former head of Post Consumer Brands, will assume the CEO role. Vitale’s tenure saw revenue climb...
Maersk Mulls Potential Red Sea Return as Hopes Rise over US-Iran Deal
Maersk is weighing a restart of its Red Sea‑Suez Canal services as diplomatic momentum builds around a potential US‑Iran nuclear agreement. The carrier halted Red Sea transits in February 2024 after Houthi attacks escalated, forcing vessels onto longer routes around...
The Friday Checkout: Another Top Grocer Taps an Outsider as CEO
Ahold Delhaize announced that Thierry Garnier, the long‑time CEO of home‑improvement retailer Kingfisher, will replace Frans Muller as chief executive in April. This marks the first time the Dutch‑Belgian grocery giant has appointed an outsider since its 2016 merger. Garnier brings experience...
Everybody Wants to Rule the AI World
The Vergecast episode dissects the chaotic 2024 ouster of Sam Altman from OpenAI, spotlighting Mira Murati's deposition that revealed a board driven by informal text messages. It also covers OpenAI’s rumored push to launch a ChatGPT‑focused smartphone amid intense competition....
Ford and Carhartt Unveil $4,200‑Plus ‘Essential Economy’ Super Duty Truck
Ford Motor Co. and workwear maker Carhartt introduced a co‑branded 2027 Super Duty pickup, priced $4,195 above the standard model and bundled with a new “From Our Business to Yours” pricing program. The launch, framed as an “essential economy” campaign,...
Whirlpool Raises Prices by 10% After $82 Million Loss, Cites Recession‑Level Decline
Whirlpool announced a 10% price hike in April and a further 4% increase in July, after reporting a $82 million first‑quarter loss and a 12% plunge in its stock. The company blamed a “recession‑level industry decline” and tariff‑related pricing disruptions for...
Post Holdings Promotes COO to US Group’s CEO
Post Holdings announced that COO Nicolas Catoggio will assume the role of president and chief executive on October 1, while current CEO Robert Vitale will become executive chairman. The transition follows a strong second‑quarter performance, with net sales climbing to...
STARZ Ending Pay-2 Deal with Universal
STARZ announced it will terminate its Pay‑2 licensing agreement with Universal, cutting off access to Universal’s film library after the studio’s Pay‑1 window. The deal, originally slated to run through 2028, is ending because Universal’s four‑month Peacock exclusivity and subsequent...
Evergy Expects Retail Sales to Rise up to 8% Annually on Data Center Growth
Evergy raised its retail‑sales growth forecast to 7‑8% annually through 2030, driven by a surge in data‑center and other large‑load customers. New electric service agreements have lifted total large‑load contracts to 2.5 GW, up from 1.9 GW three months earlier, with an...
Xbox CEO Asha Sharma Rallies Staff with Four‑point Plan and AI Pullback
Xbox chief Asha Sharma addressed hundreds of employees in a Thursday all‑hands, unveiling a four‑point action plan, committing to biweekly console updates, and announcing the winding down of Microsoft Copilot on consoles and mobile. The rally also marked a rebranding...
Take‑Two CEO Says GTA 6 Delay Aims to Prevent Crunch, Stresses Sustainable Development
Take‑Two Interactive chief Strauss Zelnick told Business Insider the upcoming Grand Theft Auto VI has been delayed to avoid crunch, likening development to doing homework rather than pulling all‑nighters. The comment offers rare executive insight into labor practices at a studio...
CEO Interview with Dave Kelf, CEO of Breker Verification Systems
Breker Verification Systems reported a 35% revenue increase in 2025, mirroring its 2024 growth, and expects an even stronger 2026 as demand for functional verification accelerates. The company expanded its engineering footprint with a new support facility in Bangladesh and...
Cloudflare Lays Off 1,100 Workers, Blames AI‑Driven Automation
Cloudflare announced it will eliminate 1,100 positions, roughly 20% of its workforce, attributing the cuts to a surge in AI‑powered tool usage. The layoffs come as the company reports a 34% revenue jump but a net loss of $22.9 million and...
Inside Beardbrand's Expansion Plan
In this solo episode, Eric Bandholz, founder of Beardbrand, outlines the brand’s post‑crisis growth plan after years of legal battles, tax liens, and a $1 million loss. He explains that the traditional beard‑care market has plateaued and become a red‑ocean, prompting...
NewsCorp CEO: AI Licensing Beyond Transaction, Protect IP
More about AI and publishers -> NewsCorp CEO Robert Thomson touted its recent AI content licensing deal with Meta as greater than “purely transactional,” though he warned of other firms illegally scraping the company’s content “IP powers AI,” he said. “IP is an...
SiTime CEO Forecasts Near Triple-Digit Growth After Renesas Acquisition
On the back of some stellar financial numbers this week, I sat down with @SiTimeCorp CEO Rajesh Vashist for an annual update on the $11b timing market, their recent Renesas clocks acquisition, and why they have near triple-digit growth. $SITM https://t.co/egnZjy5Im5...
CAPREIT Announces Retirement of CEO Mark Kenney; Board Appoints Brad Cutsey as Successor
CAPREIT announced that President and CEO Mark Kenney will retire on July 2, ending nearly three decades at the residential REIT. The board simultaneously appointed Brad Cutsey, former InterRent CEO, as his successor and new board member. Cutsey brings roughly 30 years of...
Wendy's Interim CEO Stalls Revitalization Amid Shareholder Uncertainty
As a reminder: Wendy's is currently operating with an interim CEO and its largest shareholder may or may not want to buy the company, which probably thwarts CEO-finding efforts, not to mention the revitalization as a whole. $WEN https://t.co/8ZdjlwthJz
PJM Board Appoints David E. Mills as President and CEO
PJM Interconnection’s Board of Managers appointed David E. Mills as president and chief executive officer, effective May 1, 2026, making him the fifth permanent CEO. Mills, who served as interim CEO and board chair since January, brings extensive experience from Puget Sound...
Anthropic CEO Hopes 80x Growth Slows
80X -> Anthropic’s C.E.O. Says It Could Grow by 80 Times This Year “I hope that 80-times growth doesn’t continue because that’s just crazy and it’s too hard to handle,” Mr. Amodei said. “I’m hoping for some more normal numbers.” https://t.co/KK9IupDFoN
2K Lay Off Staff at Project Ethos While Touting "a Renewed Direction and Vision" For Their By-the-Numbers Hero Shooter
Take‑Two’s 2K Games announced staff reductions at 31st Union, the studio behind the free‑to‑play Project Ethos. The cuts follow an internal memo from new studio head Ben Brinkman, who says the team must be streamlined to match a revised “skill‑based PvP roguelike”...
Jumia Leans on China Imports as Nigeria Becomes Top Market
Jumia is doubling down on Chinese-sourced inventory as it leans into Nigeria, now its biggest market, to hit profitability by the end of next year. International seller volume surged 87% year‑on‑year in Q1, led by China and Turkey, while revenue...
LandBridge Engages All Major Hyperscalers, CEO Claims
$LB - Holding Equity Small Caps FI 1Q26 videocall. CEO says "LandBridge is in discussions with virtually every major hyperscaler".
Natalie Holles' Next Move After Third Harmonic Shutdown; Mark Alles Passes the Torch at ADC Biotech
Natalie Holles rebounded quickly after the shutdown of Third Harmonic, securing the chief executive role at Aura Biosciences. The transition was disclosed in a GlobeNewswire release on May 4, 2026, as the company moves toward enrollment completion for its Phase‑3 COMPASS trial....
Rolls‑Royce Hires Cabinet Makers and Tattoo Artists for 100‑unit Electric Two‑seater
Rolls‑Royce is recruiting cabinet makers, tattoo artists and other artisans to hand‑craft its limited‑run electric two‑seater, Project Nightingale, of which all 100 units are already sold. The move highlights the brand’s ultra‑bespoke strategy and a £300 million ($381 million) Goodwood expansion to...
McDonald's CEO Warns K‑shaped Economy Deepens as Consumer Sentiment Sours
McDonald's chief executive Chris Kempczinski told investors the U.S. economy remains split, with affluent consumers still spending while lower‑income shoppers cut back. The fast‑food giant posted a 3.8% rise in global same‑store sales and $6.52 billion in revenue, but its stock...
Tapestry's Coach Targets Gen Z with ‘Expressive Luxury’ Strategy, Drives 23% Revenue Surge
Tapestry reported a record third quarter, crediting Coach’s new “expressive luxury” positioning aimed at Gen Z. The strategy helped lift pro forma revenue 23% year‑over‑year, added 2 million new customers and set a full‑year revenue target of $7.95 billion.
Inside the Stream: Disney+ Will Have Central Role for Disney Fans
Disney reported its latest quarterly earnings and, without releasing subscriber counts, CEO Josh D’Amaro outlined a new strategy for Disney+. The streaming service will evolve into a central hub that connects content with theme‑park ticketing, merchandise, and interactive experiences, turning...
Ken Griffin Doubles Down on Miami, Expanding Citadel Footprint Amid NYC Wealth‑tax Clash
Citadel founder Ken Griffin confirmed a multi‑hundred‑thousand‑square‑foot expansion of the hedge fund’s Miami headquarters, saying the move is a direct response to New York Mayor Zohran Mamdani’s “tax the rich” video and related security worries. The expansion adds to Citadel’s...
Intel CEO Who Won Over Trump and Musk Now Needs a Breakthrough
Lip‑Bu Tan took the helm of Intel in March 2025, inheriting a company lagging behind the AI chip race and a flat stock price for seven months. By courting the sector’s biggest players and winning the confidence of former President...
WSET’s Michelle Brampton on the Future of Drinks Education
Michelle Brampton, CEO of the Wine & Spirit Education Trust (WSET), outlined a sweeping modernization plan that includes a new global brand, hybrid learning, and digital certification. The rebrand to the simple "WSET" and the strapline "Global Drinks Education" reflects...
Univar Solutions Shifts CEO David Jukes to Executive Chair in Leadership Revamp
Univar Solutions announced that President and CEO David Jukes will become Executive Chair on July 1, 2026, as the company reorganizes into three customer‑centric segments. The move is presented as the culmination of a succession plan and a step toward...
Citi CEO Jane Fraser Accelerates Cultural Overhaul with New Executive Team
Citi chief executive Jane Fraser announced a near‑complete cultural overhaul, deploying a new executive team to embed a "relentless" mindset across its 200,000‑plus workforce. The bank aims for a 14‑15% return on tangible common equity by 2029, with transformation milestones...
Micron Says AI Memory Shortage Could Last Until 2028
Micron CEO Sanjay Mehrotra warned that the AI‑driven memory shortage could persist until 2028 as demand for DRAM and NAND outpaces production capacity. AI‑related memory now accounts for more than half of the industry’s addressable market this year, while traditional...
Cloudflare Cuts 1,100 Jobs, Citing AI Efficiency as It Trims 20% of Workforce
Cloudflare said it will lay off 1,100 employees – about 20% of its staff – after a three‑month surge in AI usage. The move, announced alongside Q1 results, is expected to cost $140‑$150 million in severance and comes as the firm’s...
ITWeb TV: Blu Label Targets Lower Cell C Shareholding
Blu Label Unlimited, the majority shareholder of South Africa’s fourth‑largest mobile operator Cell C, currently owns 53.57% of the telco and plans to cut its stake to 20‑30% over the next two to three years. The group wrote down a R5.5 billion...
Coinbase Cuts 14% of Staff as AI Push Meets Crypto Market Slowdown
Coinbase announced a 14% workforce reduction—about 700 employees—framed as an AI‑driven efficiency overhaul. The move comes as crypto prices hover near $81,000, overall market cap slips 1%, and trading volumes contract, echoing a wider fintech trend of cost‑cutting amid slower...
WPP Shareholders Approve CEO Cindy Rose’s Potential $14.8M Pay Package
WPP shareholders have approved a new compensation plan for CEO Cindy Rose that caps her total annual pay at $14.8 million, up from the $10.8 million limit for her predecessor. The package includes a $1.7 million base salary (about £1.25 million) and performance‑linked bonuses....
Reckitt’s Kris Licht on Moving at ‘China Speed’
Reckitt, under CEO Kris Licht, has lifted Chinese revenue to almost £1 billion (≈$1.28 billion) as e‑commerce and social commerce now represent 80% of sales, up from 30% six years ago. The firm runs a 24/7 content‑production engine on platforms like Douyin,...
Microsure Receives CE Mark for MUSA-3 System and Appoints New CEO
Dutch medical‑technology firm Microsure announced that its MUSA‑3 robotic system has received CE mark approval, allowing the device to be used clinically across Europe. The clearance moves the company from development to a commercial medical‑device business focused on generating clinical...
FPB CEO Quits Three Months After Assuming Post
Advocate Norman Gidi resigned as CEO of South Africa's Film and Publication Board (FPB) just three months after taking the post, citing a competing job offer. Communications Minister Solly Malatsi confirmed the departure and appointed Makhosazana Lindhorst as acting CEO...
Diana Hallam Resigns as CEO of the Australian Forest Products Association
Australian Forest Products Association (AFPA) announced that CEO Diana Hallam has resigned after a two‑year tenure, effective immediately. The board appointed Deputy CEO Richard Hyett as acting chief executive while it launches a comprehensive search for a permanent replacement. Hallam’s leadership...
WSJ: Rupert Murdoch Spoke to White House About NFL Streaming Deals
Rupert Murdoch recently spoke with senior White House officials about the NFL's upcoming five‑game media rights package, which is attracting interest from both traditional broadcasters and streaming giants. The league is reportedly weighing a split that could see YouTube and...
Fashinza Co-Founder Pawan Gupta Quits
Fashinza co‑founder and former CEO Pawan Gupta has left the Gurugram‑based B2B fashion supply‑chain startup to pursue opportunities in artificial intelligence. Abhishek Sharma will now serve as the sole founder‑CEO. The company, which has raised over $120 million, saw revenue fall...
Siemens Healthineers Shakes up Leadership Team, Cuts Profit Outlook
Siemens Healthineers announced a leadership reshuffle and cut its 2026 profit outlook after diagnostics revenue fell 6.5% YoY, mainly due to a structural slowdown in China. New heads for diagnostic imaging, advanced therapies, and regional Europe‑Middle East‑Africa were named, while...
Henry Boot CEO Tim Roberts to Step Down Later This Year
Henry Boot announced that Chief Executive Tim Roberts will step down later this year after steering a strategic transformation of the UK‑based property group. Roberts, who joined the firm in 2020, oversaw portfolio diversification and a focus on sustainable development....