Business Leaders news from every side

Lee Set to Gain ₩2.6T Samsung Shares

Hong Ra-hee will gift Lee Jae-yong 11.158 million Samsung shares worth ₩2.6 trillion ($1.9B) on Nov. 12, raising his stake from 1.58% to 1.75%.

Lee Jae-yong Hong Ra-hee

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Business

Dell Family Fund Buys SK Stake as Chairman Funds Divorce Settlement

Chey Tae-won agreed to sell a 1.34% SK Inc stake for 544 billion won ($406 million) to a Michael Dell family fund to help fund his divorce settlement.

Michael Dell Chey Tae-won

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Politics

Musk Donates Over $276 Million to Republicans

Elon Musk has given more than $276 million to Republican groups and political action committees since July, including $158 million to the Senate Leadership Fund and over $76 million to America PAC. The spending is helping fund a targeted midterm operation across competitive Senate and House races, with America PAC directing much of its candidate spending toward opposing Democrats.

Elon Musk

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Finance

GameStop CEO Ryan Cohen spends $22.8 million on additional shares

GameStop CEO and Chairman Ryan Cohen bought 844,130 shares for about $22.8 million in two transactions on Oct. 13, bringing his direct holdings to 42,492,652 shares.

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Sports

Brisbane 2032 CEO Cindy Hook to step down after contract ends

Brisbane 2032 Olympics organizing committee CEO Cindy Hook will leave when her contract ends in late 2026, as the Games move from planning into operational delivery. Organizers will begin an immediate search for her successor, with Hook and committee leaders saying she has laid the groundwork for the next phase.

Cindy Hook

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Business

Apple Names Steve Smith M&A Chief in Latest Shake-Up Under Ternus

Apple returned M&A to finance for the first time since 2019, naming Steve Smith to replace Perica; Perica, a 2024 OpenAI ChatGPT deal figure, shifts fully under Cue.

John Ternus Eddy Cue

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Politics

Trump Plans Nadella Award Amid Microsoft Visa Suspension

Trump set Oct. 8, 2026 White House medals for Nadella and five tech leaders as Vance suspended Microsoft from the H-1B green card program, citing 6,000 U.S. layoffs.

Donald John Trump J.D. Vance

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Auto

Stellantis CEO says Wayve partnership could shorten driver-assistance development

Stellantis CEO Filosa said a Wayve AI tie-up could cut costs and shrink ~24-month ADAS cycles, with Level 2++ hands-free launch targeted for North America in 2028.

Antonio Filosa

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Business

Terry Wheeler Discusses Wealth-Planning Blind Spots

Wealth adviser Terry Wheeler said families should treat estate planning as part of a broader, family-centered strategy that coordinates investments, taxes and legacy goals—not simply as preparing legal documents. He also discussed defensive portfolio strategies and protections for heirs against risks such as divorce and creditor claims.

Terry Wheeler

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Tech

Trump discloses Nvidia trades before honoring Huang

Trump’s Oct. 8 disclosure shows up to $1.6M Nvidia buys and $1M sales in August as he awarded Jensen Huang the National Medal of Science.

Donald John Trump Jensen Huang

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Finance

Campari Chairman Faces €1.29B Tax Trial Request

Monza prosecutors seek trial for Campari chairman Luca Garavoglia and Lagfin's Giovanni Berto over alleged €1.29B exit tax.

Luca Garavoglia

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Business

Washington Post names Alex Wallace COO

The Washington Post named Alex Wallace COO on Oct. 8, 2026; she starts Oct. 19 to work with CEO Jeff D'Onofrio as the paper eyes its closest path to profitability in five years.

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Finance

Buffett Warns as Stocks Reach Record Highs

Warren Buffett has warned that high stock valuations, rising bond yields and speculative enthusiasm leave investors with little room for error, though he advises focusing on business fundamentals and staying invested rather than trying to time a crash. Bill Ackman offers a complementary view: market uncertainty and sell-offs can create opportunities to buy stocks at more attractive prices.

Warren Buffett

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Business

BYD cites geopolitics, delays US passenger-car entry

BYD executive vice president Stella Li said geopolitical uncertainty is the biggest barrier to the Chinese automaker’s global expansion, prompting it to hold off on selling passenger cars in the United States until conditions are clearer. She also highlighted BYD’s businesses beyond cars, including energy storage and solar, and said Nvidia remains a strong chip partner.

Stella Li

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Business

General Dynamics Names Deep CEO, Novakovic to Chair

General Dynamics named 25-year veteran Danny Deep CEO effective Jan. 1, 2027; Phebe Novakovic, CEO since 2013 as revenue rose to $52.6B, becomes executive chairman.

Phebe Novakovic

Oct 7, 2026

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Tech

Trump Expected to Honor Musk, Tech Leaders

Trump will award National Medals of Science to Musk, Brin, Huang and Su on Oct. 8—his first time personally presenting either honor—with technology medals for Dell and Nadella.

Donald John Trump Elon Musk

Oct 7, 2026

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Business

AMD explores Samsung foundry partnership amid shortages

AMD CEO Lisa Su visited Samsung's Seoul office Oct. 7 exploring a foundry tie-up; the MI455X packs 432GB of HBM4, 50% more memory than its predecessor.

Lisa Su

Oct 7, 2026

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Business

Amodei reportedly earned $18 million, mid-pack among tech CEOs

Anthropic CEO Dario Amodei earned $18 million in 2025, mostly in stock and options, according to the company’s IPO filing; his sister and Anthropic President Daniela Amodei received $16.4 million. The company is preparing for a possible IPO as early as this fall that could value it above $2 trillion, and its co-founders pledged to give 80% of their personal Anthropic equity to charity.

anthropic principle Mark Amodei

Oct 6, 2026

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Tech

AMD to Substantially Increase Chip Supply in 2027 as AI Demand Surges

AMD CEO Lisa Su said the company will substantially increase chip supply in 2027 after expanding output through 2026.

Lisa Su

Oct 6, 2026

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Business

Pinterest names Amazon executive James Dibbo as CFO effective October 26

Pinterest named longtime Amazon finance executive James Dibbo as CFO, effective Oct. 26, 2026, succeeding Julia Brau Donnelly, who will advise the company through the end of the month. Dibbo previously oversaw finance for Amazon businesses including advertising and entertainment and held finance leadership roles at P.F. Chang’s, Tesco and BT Group.

Oct 5, 2026

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Business

ConocoPhillips CEO Says Oil Price Floor Could Rise to $70

ConocoPhillips CEO sees an oil floor near $70 and U.S. output approaching 14.5M bpd; global demand may not recover until 2028 or 2029.

Ryan Lance

Oct 5, 2026

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Business

German RobCo Reaches $1B Valuation After Share Sale

Munich-based robotics startup RobCo has topped a $1 billion valuation after an approximately $40 million share sale that lets employees cash out and brings in new and existing investors. The valuation roughly doubles its January level as the company scales its industrial automation business and prepares to launch its self-learning robot, Alfie.

BMW

Oct 5, 2026

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Finance

Aramco CEO: Stockpile Rebuild May Take Two Years

Aramco CEO Amin Nasser said replenishing global oil inventories could take up to two years after nearly 3 billion barrels of supply were lost since late February.

The Strait Of Hormuz Saudi Aramco

Oct 5, 2026

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Business

Musk and Luckey Named to Lead Pentagon Future Warfare Study

Elon Musk’s appointment to co-lead the Pentagon’s Project Meridian has renewed conflict-of-interest concerns because SpaceX and his other companies hold substantial government contracts and could benefit from decisions shaped by the study. Markets have responded positively to the appointment, but some investors warn that renewed government involvement could also bring reputational and stock risks for Musk’s companies.

Elon Musk Peter Hegseth

Oct 4, 2026

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