Research commissioned by the Northwest Progressive Institute had found support for Calhoun’s departure following more grave safety lapses at Boeing. Steve Mollenkopf, ex-CEO of Qualcomm, has been chosen as the next board chair and is tasked with finding Calhoun’s successor. The company faces a pressing need for a culture shift towards safety and restoration of trust.
Tag: Ethical Business
Disney sues Ron DeSantis, seeking to have retaliatory laws declared unconstitutional
Of DeSantis’ actions, the Disney brief declares: “This government action was patently retaliatory, patently anti-business and patently unconstitutional. But the Governor and his allies have made clear they do not care and will not stop.”
An overwhelming majority of King County voters oppose the Kroger/Albertsons merger
68% of respondents surveyed for NPI by Change Research said they opposed the merger, while just 17% said they supported it. Nearly half (48%) said they were strongly opposed, while only 5% were strongly supportive.
Elon Musk takes over Twitter after reportedly completing acquisition, begins firing people
The megabillionaire completed his acquisition of the social networking platform this evening after a failed attempt to back out of the deal that he struck several months ago, which prompted a lawsuit by Twitter to force him to honor the terms of the deal and buy out the shareholders.
Federal government should move swiftly to thwart Kroger/Albertsons merger
The Department of Justice should fight this merger — including in court if necessary — to uphold our antitrust laws, defend U.S. households from anticompetitive business practices, and protect the shareholders of these companies from executives’ counterproductive empire-building ambitions.
Donald Trump’s accounting firm Mazars USA severs ties, retracts financial statements
In addition to being ordered to testify under oath in a ruling issued today by State Supreme Court Judge Arthur F. Engoron along with two of his children — a decision that his attorneys will no doubt promptly appeal — Donald Trump lost the services of his longtime accounting firm, Mazars USA.
New York investigators are closing in on the Trump Organization. Who will crack first?
The New York Attorney General’s office has demonstrated it has evidence of unusual business practices regarding its valuations for certain properties that it would like the officers of the Trump Organization to explain.
Book Review: Flying Blind examines the bad decisions that led to Boeing’s current crises
Read NPI’s review of The 737 MAX Tragedy and the Fall of Boeing, by award-winning Bloomberg reporter Peter Robison.
PCC Community Markets members just voted to elect two PCC workers to the co-op’s board
Donna Rasmussen and Laurae McIntyre are longtime PCC members and employees who are concerned about PCC’s future, just as our team at NPI is.
Ailing Fry’s Electronics is no more: Chain goes out of business after thirty-six years
The eclectic brick and mortar retailer, which was able to remain a going concern for years after the demise of competitors like Circuit City and CompUSA, has itself reached the end of the line after thirty-six years in business.
Trump’s deplatforming accelerates as Twitter finally bans him and several of his associates
“In the context of horrific events this week, we made it clear on Wednesday that additional violations of the Twitter Rules would potentially result in this very course of action,” the company said in a statement announcing its action.
Federal, state governments allege Facebook is an illegal monopoly in major antitrust case
Having foolishly chosen to allow Facebook’s acquisitions of Whatsapp and Instagram several years ago, the federal government is now belatedly moving to unwind those mergers as well as stop the growing power and anticompetitive behaviors of Facebook.
ICANN refuses to sign off on proposed sale of .ORG domain registry to private equity firm
The Internet Society’s attempt to sell the Public Interest Registry to Ethos Capital appears to have been foiled by the entity that operates as the de facto regulator of domains on the Internet.
Frontier Communications files for bankruptcy as it prepares to shed its Northwest assets
One of the Pacific Northwest’s largest Internet Service Providers has filed for Chapter 11 bankruptcy protection, with years of mismanagement and the consequences of ill-advised deals having taken a predictable toll.