Speculation over what Nvidia’s future could look like without its high-profile chief executive ramped up on Wednesday. The chipmaker’s stock fell 8% in after-hours trading Wednesday after The Wall Street Journal reported that its board was preparing to remove CEO Jensen Huang. The New York Times also reported Wednesday that Huang had an affair with
For four decades, the typical plan the national Democratic Party had for Mississippi was to leave it alone. Seems like they finally found their winning strategy: Democrat Scott Colom has narrowly eked out a razor-thin win over incumbent Sen. Cindy Hyde-Smith, and arguably, it was because he let her do the talking. Colom is the
It’s hard to imagine Nvidia without Jensen Huang — and the CEO has repeatedly discussed his intention to work for as long as possible. Now, the question of succession has come into sharp focus after Huang admitted to having one affair, Nvidia’s board announced it’s investigating whether Huang was the target of a “foreign intelligence
Skydance has removed James Gunn and Peter Safran as co-chairmen and co-CEOs of DC Studios, ending a four-year run that began with a hit Superman and was expected to survive the company’s takeover of Warner Bros. Discovery. Their replacement is Jeremy Latcham, a former Marvel Studios executive who helped launch the Marvel Cinematic Universe. Skydance
Stubborn inflation might send the Fed into high gear when it meets next month to figure out what to do with interest rates. After the latest consumer price index reading, economists and Wall Street pros are starting to worry that central bankers are going to overdo it in their battle against rising prices, upsetting the
Dan Schulman thought he had traded the corner office for cowboy boots for good. After nearly a decade running digital payments giant PayPal, he was enjoying retirement on a Montana ranch with his wife, Summerly, and roughly 900 head of cattle. He was happy, in love, and had no desire to return to the grueling
