Waymo CEO Krafcik Steps Down; New Co-CEOs Come From Tech, Not Auto

John Krafcik joined the Waymo self-driving subsidiary of Alphabet
) over 5 years ago. A veteran of Hyundai, NUMI and TrueCar
among others, he was a man with a pedigree with one foot deep in auto and one foot in technology, seemingly an ideal mix for building what might replace the traditional car. He has announced his intention to step down for unspecified future opportunities.

Also interesting is that the Alphabet board has appointed two inside leaders as co-CEOs, and not

Read More

Bolsonaro’s pick for Banco do Brasil CEO not ready for the job, say board members


The Bull Market Roulette Wheel Just Keeps Landing on Winners

(Bloomberg) — No matter how dim a view is taken on valuations, or the untethered exuberance of its retail devotees, or even its actual age, the bull market in stocks keeps managing to deliver goods to its faithful.Big tech falling? Energy and bank shares pick up the pace. Meme stocks out of vogue? Try software makers that have yet to turn any profits. Discovery Inc. ‘A’ shares got you down? That’s OK. Its ‘B’ class just inexplicably rallied the most in 16 years.For every retrograde price action in 2021

Read More

Why Lucid CEO Doesn’t See Apple Car As Threat To EV Makers Like His Company And Tesla


3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’

Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the stimulus, and the direct stimulus checks at around a quarter of the new package clearly are one

Read More

Lucid Motors CEO welcomes ‘Apple Car’ competition

Electric vehicle startup Lucid Motors is the latest to chime in on mounting “Apple Car” rumors, with the company’s CEO saying he welcomes competition from new industry entrants like Apple.

Peter Rawlinson pooh-poohed concerns of Apple muscling its way into the burgeoning EV market on Tuesday, telling CNBC’s “Mad Money” host Jim Cramer that there is enough room for multiple new players.

“I welcome the competition from a company like Apple,” he said. “Ultimately, you know, this is a technology race. Tesla recognizes that and Lucid recognizes that, and I think that’s what differentiates so many of the traditional

Read More

CEO PERSPECTIVE: Leveraging Advanced Technologies

Written by

Katie Farmer, President and CEO, BNSF Railway

Katie Farmer, President and CEO, BNSF Railway

As part of a special series in Railway Age’s March 2021 issue, 11 North American railroad CEOs address the daunting challenges the freight rail industry faces as the 21st century enters its third decade—from operations and technology to marketing and growth. Here, Katie Farmer, President and CEO of BNSF Railway, discusses leveraging complex, exponentially growing advanced technology.

At BNSF Railway, we always look to leverage advanced technologies that will improve our ability to operate a safe and efficient railroad as well as provide

Read More

Ford CEO given key role on Commission on the Future of Mobility

The automaker and the environmentalist.

It’s not a mismatched-buddy movie.

It’s an effort to make transportation safer, cleaner and equitable.

Jim Farley and Mary Nichols are together leading a global team that includes some of the most innovative minds in business, technology and public policy with a plan to help shape the future — not just for the U.S. but the world.

“By advocating for policies that improve and equalize transportation in our cities and communities while protecting our personal safety and the planet, we can make a fundamental difference in people’s lives,” Farley, the Ford CEO, told the Free

Read More