Step Down

Chair’s decision to not seek re-election in June ‘not as a result of any disagreement’, company says in SEC filingNetflix chair Reed Hastings is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72bn deal for Warner Bros Discovery.In a letter to investors released on Thursday, Netflix said Hastings will not stand for re-election at its annual meeting in June and plans to focus on philanthropy and other pursuits. Continue reading...

Gonzales, who admitted affair with aide who later died by suicide, says he will file retirement from office on TuesdayRepresentative Tony Gonzales, a Republican from Texas, announced on Monday he was stepping down from Congress after acknowledging an extramarital affair with a staffer.Gonzales, who was facing a growing threat of expulsion by his colleagues, admitted last month that he had an affair with an aide who later died by suicide. Continue reading...

Astronauts prepare for re-entry several miles off coast of southern California after 10-day lunar fly-by missionThe crew of Artemis II is set to return to earth on Friday following its historic 10-day lunar flyby mission, and Nasa leaders have described the precise logistics needed to get them home.The return will see the Orion capsule traveling at nearly 24,000mph before making a final splashdown several miles off the coast of San Diego. The operation requires multiple teams and careful coordination to safely extract the crew from the spacecraft. Continue reading...

Pentagon announces Randy George retiring from role as US army chief of staff, ‘effective immediately’Sign up for the Breaking News US email to get newsletter alerts in your inboxRandy George, the US army’s top officer, is stepping down from his role after defense secretary Pete Hegseth reportedly requested that he retire immediately. The Pentagon confirmed on Thursday that George, who had been serving as the army’s 41st chief of staff, is retiring.“General Randy A. George will be retiring from his position as the 41st Chief of Staff of the Army effective immediately. The Department of War is grateful for General George’s decades of service to our nation. We wish him well in his retirement,” Pentagon chief spokesperson Sean Parnell said in a statement shared on social media. Continue reading...

Party announces Corey Edwards’ decision to quit Senedd election campaign on grounds of mental healthA Reform UK candidate for the Welsh Senedd elections in May has announced he is standing down because of his mental health, after a photograph emerged of him apparently making a Nazi salute as an imitation of Adolf Hitler.The announcement by Reform comes a day after Nigel Farage defended Corey Edwards, its lead candidate for the Pen-y-bont Bro Morgannwg constituency, saying he might have instead been impersonating the John Cleese character Basil Fawlty. Continue reading...

Company reported loss of £125m after cyber-security attack hit sales and claims of ‘toxic’ culture Business live – latest updatesThe Co-op Group has announced that its boss will step down this weekend after a difficult year that included a cyber-attack and recent claims of a “toxic” culture at the business.Shirine Khoury-Haq will step down as chief executive on 29 March, with Kate Allum, a board member and former boss of dairy group First Milk, stepping in as interim boss while a permanent replacement is found. Continue reading...