Ormat Technologies announced that its board has appointed Isaac Angel as Chief CEO. Angel will join Ormat on April 1 and assume the CEO position effective July 1. He will succeed Yehudit Bronicki, who announced her retirement in November. Bronicki will continue to serve as a director of Ormat, in a non-executive capacity. In recent years Angel has also been active making personal investments and supporting a wide variety of philanthropic endeavors.
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and American Airlines reported first-quarter losses Thursday. Demand for travel remains strong, including among business flyers, but airlines are dealing with higher labor costs, and delays in getting new aircraft from Boeing are limiting their ability to add more flights.
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Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.
This growth ETF has nicely outperformed the S&P 500 since its inception.
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Investors didn't like the biopharmaceutical company's updated guidance.
