Page 7 - Greg Becker News Today

For some top executives, 2023 is a year they would rather forget. Some of their companies lost billions of dollars. Some have lost their jobs. And others badly damaged their reputations and face even more trouble ahead in 2024.

While some CEOs seemed to relish the spotlight, Elon Musk chief among them, others were inadvertently thrust into social media’s harsh glare.

Elon Musks cage match bluff, OpenAI’s 360, management massage time and Silicon Valley Bank CEOs paycheque all make the list. Read on

While some chief executives seemed to relish the spotlight, Elon Musk chief among them, others were inadvertently thrust into social media’s harsh glare.

Forbes’ annual list of career downfalls highlights individuals at or near the top of their game whose professional descents in the previous year shed light on some of the biggest issues of our time.

The institutional investors lost a combined total of nearly $162 million from investments in the bank’s holding company, SVB Financial Group.

The Fed’s watchdog cited several reasons for SVB’s failure, including mismanagement of interest rate risk, unchecked growth, and higher concentrations in its depositor base.

It was standing room only in the Oturehua Hall earlier this month as the book recording the story of how New Zealand’s longest-running country...

By Elisabeth Buchwald, CNN

They are the Odd Couple of the United States Senate. She is a progressive Democrat and senior senator from true-blue Massachusetts, he a nationalist Republican and junior senator from ever-reddening Ohio. She has a 100 per cent rating from the National Abortion Rights Action League; he is ‘100 per cent pro-life’. She wants a path to citizenship for undocumented aliens;