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Apple Overhauls Leadership Ranks To Move Beyond iPhone

PYMNTS

In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal. Apple’s moves come at a time when demand for its iPhones is starting to slow.

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Lowe’s, PetSmart And Others Take On New Leadership

PYMNTS

Despite another quarterly earnings miss announced Wednesday (May 23), Lowe’s shares got a 9 percent bump mid-week after poaching JCPenney CEO Marvin Ellison on Tuesday, a move that garnered support from Bill Ackman’s Pershing Square Capital Management LP. Former Ahold financial executive Paula Price will become CFO at Macy’s starting July 9.

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The number of automaker-backed investments seems to have skyrocketed overnight. Ridesharing. Car Financing.

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Alphabet Fourth US Tech Firm To Hit $1 Trillion Value

PYMNTS

Apple and Amazon hit the trillion-dollar mark in the summer of 2018. Amazon hit the $1 trillion mark in September 2018, but never went beyond it and has since dropped below. Google is one of those critical, important leaders in multiple areas,” Michael Lippert, manager of Baron Capital Opportunity Fund, told the Wall Street Journal.

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Alphabet Market Cap Hits $1T

PYMNTS

Apple and Amazon hit the trillion-dollar mark in the summer of 2018. Amazon hit the $1 trillion mark in September 2018, but never went beyond it and has since dropped below. Google is one of those critical, important leaders in multiple areas,” Michael Lippert, manager of Baron Capital Opportunity Fund, told the Wall Street Journal.

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Digital change outcomes impact bank performance

Accenture

Does digital leadership and the ability to radically transform a traditional bank into a digital-first institution consistently create superior economic performance? Does digital leadership and the ability to radically transform a traditional bank into a digital-first institution consistently create superior economic performance?

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Mastercard CFO Retiring; Sachin Mehra To Take On Role

PYMNTS

Martina maintained the highest standard of leadership, strategic thinking, and financial stewardship in her years as CFO ,” said Banga in the press release. He has a keen understanding of the opportunities ahead of us and how best to capitalize on them.”.