Remdesivir trial data ‘offers hope,’ says Gilead CEO

On the heels of an early announcement that coronavirus patients given Gilead’s Ebola drug remdesivir fared better than those who didn’t get the treatment, the company’s CEO, Daniel O’Day, deemed the results a cause for ‘hope at a time when it is badly needed,’ in an open letter obtained by Fox News.   ‘Positive data’ from … Read more

Gilead CEO promises to make remdesivir affordable

The antiviral remdesivir has shown promise for treating coronavirus, and the head of the drug’s maker, Gilead Sciences, said he’s committed to ensuring anyone who needs the drug will have access to it.  ‘We’re going to work very closely with the government and with health care systems to make sure that it’s accessible, that it’s … Read more

Netflix CEO Reed Hastings received $38 MILLION in 2019 as company reports spike in subscriptions

Netflix CEO Reed Hastings’ fortunes continue to rise as a new SEC filing reports the streaming service’s co-founder received a total of $38 million in 2019. Hasting’s total pay package last year was up 16 per cent from what he was paid in 2018, reports Netflix in its annual proxy statement Wednesday.    Hastings’ most recent … Read more

Former CEO and managing director of Selfridges Roy Stephens dies

Former CEO and managing director of Selfridges Roy Stephens, 85, dies in Connecticut hospital from coronavirus Roy Northway Stephens was living at New Canaan nursing home in Connecticut Passed away at Norwalk Hospital on April 14 after catching Covid-19 last mont At the peak of his career he became one of the giant’s of the … Read more

Google CEO Sundar Pichai donates $1million to support families struggling in the coronavirus crisis 

Google CEO Sundar Pichai matches $1million donation from the company to support thousands of San Francisco families struggling in the coronavirus crisis Google CEO Sundar Pichai and Google.org are donating to charity GiveDirectly  The charity provides cash to needy families in the San Francisco Bay area Google – which has a HQ in San Fransisco – hopes … Read more

Rihanna and Twitter CEO Jack Dorsey to donate $4.2million to aid domestic violence

Rihanna is teaming up with Twitter CEO Jack Dorsey to donate $4.2million to aid domestic violence victims in LA amid the coronavirus lockdown By Rebecca Davison for MailOnline Published: 08:51 BST, 10 April 2020 | Updated: 08:55 BST, 10 April 2020 Rihanna is teaming up with Twitter CEO Jack Dorsey to donate $4.2million to help domestic … Read more

Twitter co-founder and CEO Jack Dorsey will donate $1bn of his personal wealth to coronavirus relief

Twitter co-founder and chief executive Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund. Dorsey, 43, revealed in a series of tweets that he would transfer his equity in his digital payments group Square to his limited liability corporation Start Small, contributing around 28 … Read more

Coronavirus UK: BA CEO says company in battle for ‘survival’

British Airways today revealed coronavirus is threatening its very survival as staff were told there will be job cuts and aircrafts must be mothballed because of the ‘worsening’ worldwide pandemic. Chief Executive Alex Cruz has written to all 45,000 workers saying the virus’ relentless spread is a crisis ‘of global proportions like no other we have … Read more

Former chairman and CEO of General Electric, Jack Welch, dies at 84 

Jack Welch, legendary former chairman and CEO of General Electric who was dubbed the ‘manager of the century’, dies at 84 Wife of the former Chairman and CEO of General Electric confirmed the death Welch was dubbed the ‘manager of the century’ by Fortune magazine Under his leadership GE was the world’s second most valuable company … Read more

Apple CEO Tim Cook says he’s optimistic China is getting coronavirus under control as factories open

Apple CEO Tim Cook has said he’s ‘optimistic’ China is getting coronavirus under control and has pointed to the company ramping up iPhone production as proof. A total of 2,744 people have died in the country out of 78,497 Coronavirus cases but on Monday the number of newly infected people outside the Hubei Province – … Read more