TJX CEO Ernie Herrman expressed optimism in countering the challenges brought on by the COVID – 19 pandemic. The apparel and home fashions retailer registered a net loss of $887 million in the first quarter owing to the temporary closure of its stores around the world. The TJX CEO pointed to the company’s 43-year rich […]
Business News CEO Profiles
Stay informed with the latest business news and CEO updates — corporate moves, earnings reports, and industry headlines from Amazon, Berkshire Hathaway, Walmart, and other major companies.
TJX Q1 Loss
Kohl’s Believes The Worst Is Behind
Flipkart’s Limited Operations Affect Wal
Swiggy Layoffs
Berkshire Hathaway & Goldman
Kroger Pay Update
Amazon Face Shields
Updated February 2026 · 7 CEO profiles
All Business News CEO Profiles
Kohl’s Believes The Worst Is Behind
Kohl’s CEO Michelle Gass believes the worst in business is over for the company. As Kohl’s continues to reopen its stores across the United States, it reported a quarterly net loss with sales tanking 43.5%. However, the digital sales took off increasing by 24% during the same time period. Michelle Gass in a post-earnings call […]
Flipkart’s Limited Operations Affect Walmart’s Q1
Walmart CEO Doug McMillion revealed government regulations in India due to Covid 19 lockdown adversely impacted Flipkart’s business. According to the regulations, Flipkart (and other e-commerce players in India) could only deliver essential products to customers for a duration that ran into many weeks. According to Walmart, operations in Mexico, China, Canada, and the UK […]
Swiggy Lays Off 1100 Employees
After Zomato, Swiggy has announced that it will part ways with 1100 employees working in various functions at different grades. The company claimed it was “the hardest and longest deliberated decision” that the management had made in recent times. The laid off employees are slated to receive several benefits depending on their profile and tenure […]
Berkshire Hathway Sells 84% Of Its Stake In Goldman Sachs
According to regulatory filings, Warren Buffet’s Berkshire Hathway sold off 84% of its stake in Goldman Sachs in the first quarter of 2020. The share price of Goldman Sachs had dropped nearly one-third during the same time period as the world reeled under the impact of the coronavirus. The company continues to stay on as […]
Kroger Introduces Bonus, Cancels Hazard Pay
After canceling the $2 per hour hazard pay, Kroger has now introduced a bonus payment of $400 for full-time workers and $200 for part-time workers. The payments will be made in two installments; first on May 30 and the second on June 18. The bonus was announced after a protest from the United Food and […]
Amazon-made Face Shields To Be Available Soon
Engineers from the drone delivery unit of Amazon are working towards developing face shields. Post successful trials with medical community Amazon plans to start selling the face shields on Amazon.com. The face shield will be available to all customers. However the first priority would be front line workers. Amazon believes thanks to its design innovations […]