Ceos

Privilege being mistaken for competence as study reveals no evidence to suggest companies run by state-educated peers underperformChief executives who attended private school are perceived as a “safer bet” by investors, according to a study, despite there being no evidence they perform or behave differently to their state-educated counterparts.Companies run by privately educated bosses tend to experience lower stock market volatility, even though there are no meaningful differences in their performance, decision-making or crisis management, the research from the University of Surrey found. Continue reading...

Utility bills are up as much as 40% in some regions, and companies shut off power to customers 13m times in 2025The US’s top utilities’ CEOs enjoyed a 16% pay raise last year – to an average of $12.3m – even as consumers shoulder the pain from high bills spurred by continuing inflation, the Iran war and datacenter growth, a new review of industry financial documents shows.Utility bills are up as much as 40% in some regions since 2021, and, nationwide, utilities shut off power to customers 13m times last year, federal data shows. Continue reading...

Nearly month-long funding lapse has disrupted US air travel and caused long wait times amid security officers’ absencesThe CEOs of major US airlines urged Congress on Sunday to move quickly to end a 29-day partial government shutdown that has forced 50,000 airport security officers to work without pay, warning it could further disrupt US air travel.Absences by Transportation Security Administration (TSA) officers had already disrupted travel at some major airports over the previous week, raising alarm as the busy spring break travel season continues. Continue reading...