SACRAMENTO — California legislators are considering raising taxes on some of the country's largest companies, but the size of the tax increase would depend on how much its highest-paid executive makes compared to its employees. The bigger the gap, the bigger the tax increase. The bill by Democratic state Sen....
Former Uber CEO Kalanick Severs Ties With Ride-Hailing Giant
NEW YORK — Former Uber CEO Travis Kalanick is resigning from the board of directors, severing ties with the ride-hailing company that he co-founded a decade ago and ran until a series of scandals led to his downfall. The departure, announced Tuesday, did not come as a surprise. Kalanick recently...
Clovis Veterans Leader Will Also Run Fresno TV Station
The current CEO of the Clovis Veterans Memorial District has been named as interim President and CEO for Valley Public Television (Ch. 18). Lorenzo Rios, who has led CVMD since 2015 , becomes the third CEO for ValleyPBS in the past five years. He fills the role last held by...
Clovis Veterans Leader Named to Head Valley's Public Television Station
The current CEO of the Clovis Veterans Memorial District has been named as interim President and CEO for Valley Public Television (Ch. 18). Lorenzo Rios, who has led CVMD since 2015 , becomes the third CEO for ValleyPBS in the past five years. He fills the role last held by...
Uber CEO Walks Back Comment on Khashoggi's Slaying
NEW YORK — Uber CEO Dara Khosrowshahi is being criticized for calling the murder of a Washington Post columnist "a mistake" and comparing it to the death of a pedestrian struck by one of the company's autonomous vehicles. Khosrowshahi later said he regretted his comments, made during an interview with Axios on...
Juul Stops Advertising E-Cigarettes, Replaces CEO
Juul Labs is halting all U.S. advertising of its e-cigarettes and replacing its CEO amid a nationwide backlash against vaping. The largest e-cigarette maker also said Wednesday it won't fight a sweeping ban on flavors proposed by the Trump administration to reverse a surge in underage vaping. Juul's CEO will...
A Modest Proposal to Deregulate NCAA Sports
With every new college sports scandal or revelation of an assistant coach who makes more than a CEO, the term “student athlete” becomes even quainter than raccoon coats, goldfish swallowing or phone booth stuffing. (Remember phone booths?) College sports is big business and deserves to be treated that way. College football...
Jenny Toste Is Out as CEO of TV Station ValleyPBS
Jenny Toste, CEO of Fresno public television station KVPT since December, has been removed by the station's board. Toste's ouster was announced in a news release Friday from ValleyPBS. "The ValleyPBS board of directors voted to end Jenny Toste's contract with the station," the release says. Karen Musson, who chairs...
Boeing CEO Defends Safety Record Amid 2 Deadly Crashes
The CEO of Boeing defended the company's safety record and declined to take any more than partial blame for two deadly crashes of its best-selling plane even while saying Monday that the company has nearly finished an update that "will make the airplane even safer." Chairman and CEO Dennis Muilenburg...
Tesla Gears up for Fully Self-Driving Cars Amid Skepticism
SAN FRANCISCO — Tesla CEO Elon Musk appears poised to transform the company's electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make that quantum leap is scheduled to be shown off to Tesla...