March 19 (Reuters) - McDonald's said on Tuesday CEO Chris Kempczinski will also assume the role of chairman of the board following the retirement of Enrique Hernandez. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shilpi Majumdar)
Walmart's CEO went from earning $6.50 an hour to $25 million a year—here are his three tips for climbing the corporate ladder like him
Retirement savings play a crucial role in securing financial stability in your golden years. For those aiming high, being in the top 3% of retirees in terms of savings enhances comfort and offers greater financial freedom. Using data from the Federal Reserve's Survey of Consumer Finances, a 2024 survey by the Employee Benefit Research Institute, reveals that individuals with over $1 million in retirement accounts rank in the top 3% of retirees. Only 3.2% of retirees have surpassed the $1 million
The subsidiary of Chinese e-commerce giant PDD is already the most popular shopping app in the U.S. on both Android and Apple devices.
Lindsey and David Barber save 80% to 85% of their income for retirement and their son's future, though neither want to retire early.
Shipping companies like UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers.
The bank CEO says the company looks for candidates who are “smart, ethical, decent people.”
Many Americans headed toward retirement don't have the funds. It could contribute to the peak boomer crisis.
Philip Morris and Altria earnings showed which one is gaining market share of smokeless alternatives.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
In the 1970s and early 1980s, a common quip was that the letters spelling Ford, the automotive brand, stood for “fix or repair daily.” Such was the challenge facing Donald E. Petersen as he rose to become president of Ford Motor in 1980 and chief executive five years later. Pounded by competition from Japan and a weak economy, Ford lost billions in the early 1980s but then surged back into the black and outperformed General Motors and Chrysler in the second half of the decade.