In an effort to roll back more oversight powers of the Consumer Financial Protection Bureau (CFPB), the White House is nominating a budget official to serve as the watchdog agency’s next director. According to a report in The Washington Post, Kathy Kraninger was nominated to...
Whole Foods Chief Executive John Mackey may still maintain his role following last year’s acquisition by Amazon — but he is far from independent, reporting to executives from his new parent company. CNBC, citing an organization chart, reported that Mackey works with Rosanna Godden and Heather...
eBay has announced that Steve Fisher, eBay’s chief technology officer, will take on the new role of Senior Vice President of Payments and relinquish his role as CTO. The personnel shift is the result of the company’s announcement earlier this year that it will begin...
Uber, the ridesharing service, has tapped one of Facebook’s product directors to head up driver product development, a role that has been vacant since December. Citing Uber Head of Product Manik Gupta, TechCrunch reported that Daniel Danker, who was in charge of video for Facebook Live, has joined the company as senior...
Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One, where he held a variety of senior...
Moving into location-based services, LinkedIn is rolling out a function that allows job seekers to scope out the commute time to potential employers. The feature, which is dubbed “Your Commute,” could help them decide if they want to work for a particular company, TechCrunch reported....
Indicating a tightening labor market, the U.S. unemployment rate dropped to 3.8 percent amid higher-than-expected payroll gains. That decrease brings the unemployment rate to its lowest point in 18 years, Reuters reported. “It’s a good report all around, it literally checks off all the right...
They say the definition of insanity is doing the same thing over and over, expecting different results. That doesn’t fly in today’s fast-moving and competitive retail world, and smart executive teams know it — which may be why so many of them have been switching...
Seattle-based retail giant Zulily has a new president: former Amazon executive and Shopbop CEO Jeff Yurcisin. Yurcisin will begin his new position on August 15 and will be based in Seattle. He will replace longtime CEO Darrell Cavens, who left the company in October to...
