terminations

The president will also tap economist Adriana Kugler for a Fed board seat. If confirmed, she would be the first Latino to serve on the board. The president will also tap economist Adriana Kugler for a Fed board seat. If confirmed, she would be the first Latino to serve on the board. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

The nomination of Paolo Scaroni, an energy-industry veteran and ally of former Italian prime minister Silvio Berlusconi, drew sharp criticism because of his history of close business dealings with Russia. The nomination of Paolo Scaroni, an energy-industry veteran and ally of former Italian prime minister Silvio Berlusconi, drew sharp criticism because of his history of close business dealings with Russia. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an…

WASHINGTON—President Biden is close to nominating Federal Reserve governor Philip Jefferson to serve as the central bank’s second-in-command and Adriana Kugler, an economist and top World Bank official, to fill a vacancy on the Fed’s board, according to people familiar with the matter. If confirmed, Ms. Kugler, a Colombian-American economist who now serves as the U.S. executive director at the World Bank, would be the first Latino to serve on the board. Mr. Jefferson would be the Fed’s second Black…

LONDON—The chairman of the BBC, Richard Sharp, quit Friday after an investigation concluded he breached the U.K. government code for public appointments by failing to declare that he offered to facilitate a loan to former British Prime Minister Boris Johnson while applying for the job at the publicly funded broadcaster. The decision by Mr. Sharp, a former Goldman Sachs Group Inc. banker, to step down is the latest scandal to wash over the British Broadcasting Corp., which has been buffeted by a series…

An oversight board appointed by Florida Gov. Ron DeSantis advanced plans to nullify agreements Walt Disney Co. made under prior leadership, which allowed it to retain significant control over the land near Orlando where its theme parks are located. The Central Florida Tourism Oversight District board of supervisors, who met Wednesday, criticized the agreements cemented by Disney in February, shortly before the new board took over. The agreements included a 30-year land-development contract locking in…

The White House is nearing a decision to nominate Monica Bertagnolli to run the National Institutes of Health, the federal government’s life-sciences research agency, people familiar with the matter said. Since October, Dr. Bertagnolli has been director of the National Cancer Institute, the largest of the 27 research institutes that make up the NIH.  The White House is nearing a decision to nominate Monica Bertagnolli to run the National Institutes of Health, the federal government’s…

WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with the matter, with Democrats’ slim majority in the Senate hanging over the search. WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with…

WASHINGTON—President Biden intends to nominate Ajay Banga, the former chief executive officer of Mastercard Inc., to serve as president of the World Bank, moving swiftly to fill a vacancy atop an institution the U.S. is pushing to overhaul.As the largest shareholder in the World Bank, the U.S. typically selects the leader of the institution, a post that doesn’t require Senate confirmation, though the bank’s board will need to officially appoint Mr. Banga. The…

BERLIN—The chief executive of German utility Uniper SE plans to resign this year after the company, hit hard by Russia’s decision to halt most of its natural-gas exports to Europe, was nationalized by the government. Klaus-Dieter Maubach, who was appointed to the position in 2021, will exercise a special right of termination due to the change of ownership, the company said Tuesday. Uniper’s Chief Operating Officer David Bryson will also depart, using the same right. Both will continue in their roles…

Mehul Reuben DasDec 21, 2022 15:06:48 ISTElon Musk-led Twitter has been sued by over 100 former Twitter employees on the grounds of legal violations that stemmed from the arbitrary and illegal terminations of thousands of employees. Previously, the social media platform was sued in a class action lawsuit for gender discrimination, based on the allegation that women were disproportionately targeted during the layoffs. Elon Musk and Twitter were previously sued for gender discrimination for disproportionately targeting…