Boeing ousts Ted Colbert, head of troubled space unit after Starliner debacle

Boeing ousts Ted Colbert, head of troubled space unit after Starliner debacle

Boeing said Friday the head of the company’s troubled defense, space and security unit is leaving the planemaker effective immediately. New Boeing CEO Kelly Ortberg in his first significant move since taking over in August, said Ted Colbert would be leaving and Steve Parker, the unit’s chief operating officer, would assume Colbert’s responsibilities until a replacement is named at a later date. Boeing’s space business has suffered setbacks, notably … Read more

X global affairs head Nick Pickles resigns

X global affairs head Nick Pickles resigns

X’s global affairs head Nick Pickles is quitting Elon Musk’s embattled social media platform after a decade with the company. Pickles said he had decided to leave the company formerly known as Twitter several months ago and was working with Chief Executive Linda Yaccarino through the transition. “After more than 10 years, tomorrow will be … Read more

FDIC Chair Martin Gruenberg to resign after sex-harassment scandal at agency

FDIC Chair Martin Gruenberg to resign after sex-harassment scandal at agency

Federal Deposit Insurance Corp Chair Martin Gruenberg announced his resignation on Monday, finally succumbing to a months-long scandal over sexual harassment and other misconduct at the top bank regulator. Gruenberg said he would step down from his responsibilities once a successor is confirmed. The White House will nominate a replacement for Gruenberg, White House deputy … Read more

3 Tips To Build Up Your ‘F**k You Fund’ For When You Want To Quit

3 Tips To Build Up Your ‘F**k You Fund’ For When You Want To Quit

In January 2016, personal finance website “The Billfold” introduced the world to the “f*ck off fund.” The piece, written by Paulette Perhach, encouraged young women to prioritise their financial security. Early savings would allow women to maintain their independence in the case of harassment or abuse in the workplace, the piece advised. Since the piece … Read more

‘TED Talks’ fellows resign with Bill Ackman as 2024 speaker

‘TED Talks’ fellows resign with Bill Ackman as 2024 speaker

Three members of the group behind the highbrow “TED Talks” lecture series resigned, claiming that the group took an anti-Palestinian stance for naming Bill Ackman as a 2024 main stage speaker. Astronomer Lucianne Walkowicz, filmmaker Saeed Taji Farouky and entrepreneur Ayah Bdeir co-signed a resignation letter on Wednesday, saying they are “no longer willing to … Read more