1. Corporate Strategy

Alibaba says Eddie Wu to succeed Daniel Zhang as CEO in surprise move

Written by Posted on Less than 0 min read

​[[“value”:”Eddie Wu will succeed Daniel Zhang as chief executive of Alibaba Group, the company announced Tuesday, laying out its succession plan.”]] 

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. CPG: Consumer Durables

Peloton will put bikes in every Hilton-branded hotel in the U.S.

Peloton will put bikes in all 5,400 Hilton-branded hotels in the U.S., the company announced Monday. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Corporate Strategy

Costco CEO Craig Jelinek to step down Jan. 1. COO Ron Vachris will take over

​[[“value”:”The warehouse club has benefited from sales growth, fueled by pandemic pantry-loading, inflation and millennials moving to the suburbs.”]]  View Original Article Costco Executives Operations & Supply Chain Consumers Economy COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Uncategorized

Why investors should only trade a name like Linde on fundamentals

​[[“value”:”The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.”]]  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Channel: Restaurants

Olive Garden parent company Darden beats estimates, raises outlook

Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, raised its outlook for the year. View Original Article Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Corporate Finance

Coca-Cola earnings beat Wall Street estimates as revenue jumps 16%

The company largely weathered inflationary challenges during the first quarter and maintained its outlook. View Original Article Results & Investment Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
5
  1. Corporate Strategy

Nordstrom leadership reclaims oversight of struggling Rack business as executives retire

The company has appointed Ken Worzel and Jamie Nordstrom to newly created roles as chief customer officer and chief stores officer, respectively. View Original Article Executives Brick and Mortar Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Channel: Club

Jim Cramer’s Investing Club meeting Friday: Costco, Eli Lilly, Apple

​   ​  [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]    View Original Article Costco CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Technology & Innovation

Cramer’s Investing Club: 3 portfolio stocks — in retail, tech and oil — get new ratings

The moves better reflect our thinking about Costco, Cisco and Chevron at current prices following the recent swings in the stock market. View Original Article Costco Dept. Fuel Results & Investment Marketing: UGC Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Channel: Mass

Target doubles bonuses for salaried employees as profits recover

Target is doubling bonus payments as its profits recover following a bumpy nearly two-year stretch. View Original Article Associates Target CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Department: Beverage

Wall Street analysts fall back in love with Starbucks. We’re glad to see them coming around

​[[“value”:”A slate of Wall Street firms have raised their price targets on Starbucks (SBUX) on the back of the coffee maker’s standout quarterly report last week .”]]  View Original Article Restaurants Dept. Beverage Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. CPG: Food

How Nespresso has made gains in the Keurig-dominated U.S. coffee pod market

​ ​  ​[[“value”:”Keurig Dr Pepper’s Keurig is the biggest player in the U.S. coffee pod market, but Nestlé’s Nespresso has been steadily gaining market share.”]]  View Original Article Nestle Dept. Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Merchandising

Levi Strauss beats estimates, offers upbeat guidance for fiscal year

 Levi Strauss sales fell, but still topped Wall Street’s expectations. The company also offered positive revenue guidance.  View Original Article Pricing & Promotions Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond schedules separate auction for Buy Buy Baby assets

​Bed Bath & Beyond is holding a separate bankruptcy-run sale process for Buy Buy Baby, considered the crown jewel of its assets.  View Original Article Bankruptcy Bed Bath & Beyond CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Media & Marketing

A new Walmart in-store AI is giving employees advice on how to sell products before it’s too late

Walmart store employees are starting to get advice from an AI on when produce is about to go bad and when certain clothing items may need to be put on sale. View Original Article AI Associates Dept. Apparel Dept. Fresh Dept. Perimeter Marketing: In Store Technology & Innovation Walmart CNBC Member since October 25, 2020 […]
< 1 min read
0
  1. CPG: Beverage

Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes

​Coca-Cola’s stock has fallen 15% this year, dragging its market value down to about $234 billion.  View Original Article Results & Investment Coca Cola CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department: Consumer Durables

Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as chief of Adidas

Adidas has faced a recent public relations crisis in its dealings with Ye, formerly known as Kanye West. View Original Article Executives Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department: Consumer Durables

Hasbro, Mattel shares rise as toymakers announce multiyear licensing agreement, increased IP focus

​ ​Hasbro, Mattel and other toy stocks rallied on Thursday after mixed earnings reports from the two rival toymakers.  View Original Article Dept. Toys & Games Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Uncategorized

Las Vegas has invested billions into sports. The question is, will it pay off?

Las Vegas spent billions into becoming a global hub for sports and entertainment. The question is, will it pay off? View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Corporate Strategy

Sustainability alone is not enough for consumers to change their shopping habits, Garnier exec says

Sustainability alone will not be enough for consumers to change their shopping habits, according to Garnier’s global brand president. View Original Article Executives Sustainability Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Channel: Mass

Walmart will report earnings before the bell. Here’s what to expect

​ ​  The discounter has fared better than other retailers because of its low-price reputation and big grocery business. View Original Article Walmart Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
Next