Burberry CEO, Marco Gobbetti.

London (CNN Business)Marco Gobbetti, who led a turnaround at Burberry, will leave the British luxury fashion label at the end of this year to return to Italy where he’ll head up rival Salvatore Ferragamo. Burberry (BBRYF) announced Gobbetti’s resignation in a statement on Monday, sending the company’s share price as much as 8% lower in […]

Lawmakers press GM CEO on California emissions, Mexico labor

GM unveils plans for new electric vehicle Gary Gastelu on GM, Super Cruise, electric vehicle WASHINGTON – General Motors Chief Executive Mary Barra faced questions from Capitol Hill lawmakers on Wednesday on a workers’ vote at a company plant in Mexico and the company's support for emissions reductions. Barra met with House of Representatives Speaker […]

GameStop unveils new CEO, CFO leading e-commerce transformation

SEC scrambling to deal with meme stock mania: Sources Sources tell FOX Business’ Charlie Gasparino that securities lawyers says SEC looking at possible manipulation cases that will be difficult to prosecute. Amazon veterans Matt Furlong and Mike Recupero have been tapped to help lead GameStop's e-commerce transformation, replacing outgoing CEO George Sherman and former chief […]

Crypto trading platform CEO on Bitcoin price: ‘Little guy getting squeezed out’

Crypto trading platform CEO on Bitcoin INX Limited CEO Douglas Borthwick provides insight into Bitcoin losing half of its value.  INX Limited CEO Douglas Borthwick weighed in on the crypto market and Bitcoin losing half of its value during an appearance on FOX Business’ "Varney & Co." on Monday. He argued that the "little guy" […]

Colonial Pipeline CEO warns of fuel shortages following cyberattack

Colonial Pipeline attacker will be tracked down: Former NSA Director Former NSA Director Keith Alexander weighs in on State of Emergency issued after the Colonial Pipeline shutdown, arguing tensions may elevate between Russia, China and U.S. Despite plans to reopen a major U.S. fuel pipeline later this week, following a cyberattack by a gang of […]

Fox Corp CEO Lachlan Murdoch touts soaring Fox News ratings, success of 'Gutfeld!'

Media top headlines May 6 Caitlyn Jenner telling Sean Hannity she would be ‘tough’ on riots and more round out today’s top media headlines. Fox Corp CEO Lachlan Murdoch touted Fox News’ soaring ratings during a third-quarter earnings call on Wednesday, proclaiming the network’s lead over its rivals, and highlighting the success of the new […]

This Is The Lowest Paid CEO In America

For years, CEO pay has caused a battle at many companies between board members and shareholders. Board members say chief executive officers are rate commodities, trained for years to run some of America’s largest public companies. Many shareholders and public activists do not see why CEOs should make hundreds of times more than schoolteachers and […]