CEO Musical Chairs Koji Sato’s out as Toyota’s CEO, and Kenta Kon’s taking the wheel. It’s the second time in three years the automaker’s made a leadership change. The New Boss Kon, who’s currently the company’s chief financial officer, will

Continue ReadingToyota’s CEO Swap: New Guy’s In, Old Guy’s Out

Pizza Hut’s Latest Blow Pizza Hut’s struggles just got a whole lot worse. The chain is closing 250 locations it says aren’t performing up to par. That’s right, 250 stores are getting the axe – it’s not like they were

Continue ReadingPizza Hut Closes 250 Stores – Yep, It’s That Bad

Novo Nordisk’s Shares Take a Hit Novo Nordisk’s stock price has taken a nosedive after the company predicted sales declines for this year. It’s not exactly the news investors wanted to hear. A Plan to Recover The company’s counting on

Continue ReadingNovo Nordisk’s Sales Forecast Just Tanked Its Stock

Disney’s CEO Bob Iger isn’t going down without a fight He’s touting the company’s growth over the last three years, and it’s hard to argue with the numbers. As Iger prepares to hand over the reins, he’s making sure everyone

Continue ReadingDisney’s Next Boss Inherits a Cash Cow

Ford and GM’s New Banking Venture Ford and GM just got the thumbs up to launch their own banks. It’s not exactly the most shocking news, but it’s definitely raised some eyebrows. So, what does this mean for car buyers?

Continue ReadingFord and GM Get Banking Approval: What’s the Big Deal?