93 stories from 20 sources
The week in Business Leadership and Corporate Strategy
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Delaware's evolving good-faith standard is increasing pressure on directors to address known risks substantively, while weaker protections in Delaware and Texas could give controlling founders more freedom and limit shareholder remedies. Together, the changes make corporate power more consequential and less predictable.
Nvidia's board opened an independent investigation into CEO Jensen Huang's relationship with a woman suspected of working for Chinese intelligence. Huang remains CEO, but the inquiry now tests whether the relationship created security, influence, or information risks.
CVS is considering separating its pharmacy, insurance, and prescription drug management units as political and regulatory resistance to healthcare consolidation grows. The option could reduce scrutiny but sacrifice the advantages of integration.
Shareholder campaigns moved beyond criticism toward concrete governance and strategic consequences. Farallon pressed Yamato for management changes, DGB won control of Ethan Allen's board, and activist pressure at Tripadvisor coincided with top-level departures, while Vail's battle showed campaigns can also be narrowed before a vote.
Canva's restructuring eliminated or changed roles for 22% of its workforce and shifted the company toward a more centralized operating model. The company paired the deep cuts with healthcare coverage, career coaching, and project grants for departing employees.
OpenAI filled a communications leadership gap with Jill Hazelbaker and added former Army Secretary Dan Driscoll for defense work. The appointments bring trust, policy, government strategy, and potential conflicts of interest closer to the company's core leadership decisions.
Apple beat earnings expectations under John Ternus, but rising memory costs and doubts about Siri AI have turned the result into a broader test. Ternus must now protect margins while restoring confidence in Apple's artificial-intelligence strategy.
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