Boards Are Replacing CEOs At The Fastest Pace In Over A Decade A historic wave of leadership change is sweeping corporate America. Across 1,500 of the largest publicly traded companies, roughly one in nine CEOs was replaced last year—the highest churn since the post-financial-crisis years., according to the Wall Street Journal . The turnover has ushered in the largest cohort of new chief executive...
Boards Are Replacing CEOs At The Fastest Pace In Over A Decade A historic wave of leadership change is sweeping corporate America. Across 1,500 of the largest publicly traded companies, roughly one in nine CEOs was replaced last year—the highest churn since the post-financial-crisis years., according to the Wall Street Journal . The turnover has ushered in the largest cohort of new chief executives in more than a decade, and they’re arriving younger and, in many cases, with thinner résumés than their predecessors. The shake-up hasn’t slowed in 2026. Companies including Walmart, Procter & Gamble and Lululemon Athletica installed new leaders early in the year. On a single February day, Disney, PayPal and HP each announced CEO changes. Grocery chain Kroger also tapped a new chief. Altogether, firms representing trillions in market value have either replaced or appointed top executives in just a few months. Boards appear to be responding to a business climate that feels fundamentally altered. Artificial intelligence is reshaping operations, global trade norms are fragmenting and geopolitical tensions are harder to ignore. As executive recruiter James Citrin put it, “We’re in a new environment, and someone who’s going to replay the playbooks of the past is not necessarily right.” He added that if a new chief fails to build momentum quickly with both employees and investors, directors are even less patient than before. Some transitions were carefully choreographed. Warren Buffett handed leadership of Berkshire Hathaway to Greg Abel at the start of the year, completing a succession plan he had previewed years earlier. Others were abrupt. CarMax pushed out its CEO amid weak sales. At Codexis, the chief executive was replaced suddenly and the workforce reduced at the same time. Interim appointments, including at HP, signaled that not every board had a seamless plan in place. The WSJ writes that retail illustrates how demanding the moment has become. Michael Fiddelke, newly i...
The bodies of all the skiers who died in Tuesday's avalanche near Lake Tahoe have been recovered, authorities said Saturday. Intense winter storm conditions delayed search and recovery efforts. (Image credit: Godofredo A. Vásquez/AP )
The bodies of all the skiers who died in Tuesday's avalanche near Lake Tahoe have been recovered, authorities said Saturday. Intense winter storm conditions delayed search and recovery efforts. (Image credit: Godofredo A. Vásquez/AP )
In 2025, the S&P 500 (SNPINDEX: ^GSPC) rose 16% -- marking the third consecutive year the index posted double-digit gains. Thanks in large part to artificial intelligence (AI) stocks , Wall Street is calling for even further upside in 2026. According to FactSet Research , the consensus target for the S&P 500 this year is 8,255 -- implying 21% growth over where the index closed at the end of Decemb...
In 2025, the S&P 500 (SNPINDEX: ^GSPC) rose 16% -- marking the third consecutive year the index posted double-digit gains. Thanks in large part to artificial intelligence (AI) stocks , Wall Street is calling for even further upside in 2026. According to FactSet Research , the consensus target for the S&P 500 this year is 8,255 -- implying 21% growth over where the index closed at the end of December. While this forecast might tempt you to buy more stocks now, this year contains an extra variable that could possibly throw the bull market for a loop. Let's dig into why 2026 may wind up being a unique year for the stock market and explore how smart investors are allocating capital right now. Continue reading
Ukraine foreign ministry says ultimatums should be sent to the Kremlin, not Kyiv; one dead, 15 wounded in Lviv in ‘act of terror’: What we know on day 1,460 Ukraine’s foreign ministry has condemned what it describes as “ultimatums and blackmail” by Hungary and Slovakia on Saturday, after both governments threatened to stop electricity supplies to Ukraine unless Kyiv restarts flows of Russian oil. ...
Ukraine foreign ministry says ultimatums should be sent to the Kremlin, not Kyiv; one dead, 15 wounded in Lviv in ‘act of terror’: What we know on day 1,460 Ukraine’s foreign ministry has condemned what it describes as “ultimatums and blackmail” by Hungary and Slovakia on Saturday, after both governments threatened to stop electricity supplies to Ukraine unless Kyiv restarts flows of Russian oil. Hungary has also threatened to block a €90bn Ukrainian war loan. Shipments of Russian oil to Hungary and Slovakia have been cut off since 27 January, when Kyiv says a Russian drone strike hit pipeline equipment in western Ukraine. Hungary and Slovakia both accuse Ukraine of delaying the restart, without evidence. The Ukrainian Foreign Ministry said in a statement the country “rejects and condemns the ultimatums and blackmail by the governments of Hungary and the Slovak Republic regarding energy supplies between our countries”. “Ultimatums should be sent to the Kremlin, and certainly not to Kyiv.” Slovakia and Hungary are the only two EU countries that still rely on significant amounts of Russian oil shipped via the Soviet-era Druzhba pipeline over Ukraine. The issue has become one of the angriest disputes yet between Ukraine and two neighbours that are members of the EU and Nato but whose leaders have bucked the largely pro-Ukrainian consensus in Europe to cultivate ties with Moscow. The Slovak leader, Robert Fico, has accused Ukrainian president Volodymyr Zelenskyy of acting “maliciously” towards his country. Explosions in the western Ukrainian city of Lviv have killed a policewoman and wounded at least 15 people overnight in what local authorities on Sunday called an “act of terror”. The blasts occurred just after police responded to a report of a break-in at a shop in the city centre at about 12:30 am, according to officials. A first explosion struck as the initial patrol arrived, followed by a second blast moments later when another crew reached the scene. “This is defi...
When the results of China’s gruelling National Higher Education Entrance Examination – or gaokao – were released last summer, Lin Gangming was surprised to learn that he had scored high enough to attend some of the country’s top universities. But instead of chasing prestige, the student from Yangjiang, a small coastal city in Guangdong province, chose a different path: Shenzhen Polytechnic Univers...
When the results of China’s gruelling National Higher Education Entrance Examination – or gaokao – were released last summer, Lin Gangming was surprised to learn that he had scored high enough to attend some of the country’s top universities. But instead of chasing prestige, the student from Yangjiang, a small coastal city in Guangdong province, chose a different path: Shenzhen Polytechnic University – a public undergraduate vocational college in the province. Stories like Lin’s, covered by the...
Trump Admin Mandates English-Only Tests For Truckers Seeking Commercial Driver's Licenses Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The federal crackdown on unqualified truckers kicked into a higher gear Friday when the nation’s transportation chief announced that tests for commercial driver’s licenses must be given only in English. A truck drives through the Port of Oakland ...
Trump Admin Mandates English-Only Tests For Truckers Seeking Commercial Driver's Licenses Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The federal crackdown on unqualified truckers kicked into a higher gear Friday when the nation’s transportation chief announced that tests for commercial driver’s licenses must be given only in English. A truck drives through the Port of Oakland in Oakland, Calif., on Nov. 14, 2025. Justin Sullivan/Getty Images Transportation Secretary Sean Duffy revealed the latest policy with a goal of ensuring that truck drivers understand English well enough to read road signs and communicate with law enforcement officers. Florida has already implemented English-only tests. The new order includes modernizing the commercial driver’s license (CDL) registration system, cracking down on fraud, and improving driver safety. “ American families deserve safe roads and we are going to deliver them ,” Duffy said in a post on X. In another post on Friday, Duffy said that it is easier for noncitizens to get a CDL than U.S. citizens, noting that under the Biden administration, illegal immigrants seeking licenses were not subject to background checks, unlike American applicants. “ Our new rule restricts eligibility and ensures ONLY qualified drivers can operate big rigs ,” Duffy added. Duffy said a number of states have hired companies to oversee CDL tests, but those companies often fail to uphold the standards that drivers are required to meet. In May 2025, Duffy signed an order implementing new guidance to enforce English proficiency requirements for truckers. Federal Motor Carrier Safety Administration regulations stipulate that a driver who cannot read or speak proficient English or understand highway traffic signs and signals does not qualify to operate a commercial motor vehicle. By December 2025, the administration had removed nearly 9,500 commercial truck drivers from service for failing English proficiency checks. Unqualified Drivin...