• AI Yi Yi Yi Says Musk, Who Forms New Company
    Elon Musk's latest company will endeavor to enhance a solar-powered machine that he fears may otherwise become obsolete in the face of rapidly advancing Artificial Intelligence. The human brain.
  • United Airlines Takes Flak Over 'Leggings-Gate'
    United Airlines is the latest company to learn that nothing noticed goes untweeted and anything tweeted can blow up into a major controversy within hours even if - or, maybe, particularly if - your social media team is standing by in rapid-response mode with a canned answer.
  • Disney Signs Iger For One More Sequel
    As has been anticipated since his heir apparent, COO Thomas Staggs, resigned last April, Disney Co. leading man Robert Iger yesterday agreed to extend his run as chairman and CEO for yet another year, and then serve as a consultant for three more after that.
  • Nike Lacks Dazzle, Frazzles The Market
    Nike shares dropped like an air ball yesterday -- more than 7% -- after a fiscal Q3 2017 and conference call late Tuesday revealed good earnings but an uncertain future in a world gone digital and with stiffer competition from Adidas. It was the biggest price decline for the Beaverton, Ore.-based shoe-and-image maker's shares since the company went public in December 1980.
  • KFC's Marker Taking Reins At Carl's Jr., Hardee's As Puzder Dismounts
    Andy Puzder, who withdrew from consideration to be Labor Secretary in February in the face of stiff and mounting opposition from an assortment of groups, yesterday resigned as CEO of CKE Restaurant Holdings, a position he has held since 2000. Jason Marker, who most recently has been president of Kentucky Fried Chicken, will succeed him next month at the helm of the company that franchises, licenses and operates the Hardee's, Carl's Jr., La Salsa and Green Burrito restaurant chains.
  • Walmart's Store No. 8 Will Launch And Nurture E-Com Start Ups
    Walmart continues to augment its e-commerce strategy of "if you can't beat 'em, buy 'em or incubate 'em." Yesterday, the Bentonville, Ark.-based retailer announced the formation of Store No. 8, an internal hub meant to foster e-com innovation, in the heart of Silicon Valley.
  • Uber In Another Jam As Jones Resigns With 'Blistering' Assessment
    After Recode broke the story that former target CMO Jeff Jones was quitting after less than six months as Uber president, CEO Travis Kalanick yesterday intimated in an email to employees that it was because he'd recently announced a search for a COO who would outrank Jones. Jones, meanwhile, issued a "blistering" statement to Recode, its Kara Swisher and Johana Bhuiyan report, saying: "It is now clear ... that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber."
  • Alba Makes An Honest Co. Man Out Of Clorox COO Vlahos
    The Honest Company, the healthy lifestyle brand started by actress Jessica Alba and serial entrepreneur Brian Lee in 2011, named Nick Vlahos, Clorox EVP and COO, as its CEO yesterday. He succeeds Lee, who also co-founded LegalZoom and ShoeDazzle. He remains on the board and will advise the company.
  • Your Chicken a la Laboratory Is Served
    Your first reaction to the concept of lab-grown chicken and duck may be "yuck," but read on. It's coming. And it will not only be good for the environment - and individual members of the species themselves - it also tastes ... well, good enough to eat again, at least at this point.
  • Neiman Marcus' 'Exploring' May Take It To Hudson's Bay
    You know there's serious trouble when a headline tails off with "... as business shrivels." That's how "Fortune" characterized the state of affairs at Neiman Marcus yesterday in following up on a "Wall Street Journal" report that Hudson's Bay Co., owner of Saks Fifth Avenue and Lord & Taylor, was in talks to purchase the Dallas-based retailer's 42-location - and online - operation.
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