Daily Best of the Web

Credit Suisse Shrinks Executive Bonuses as Investors Develop a Low Tolerance for Losses

CEO Tidjane Thiam joins AIG's Peter Hancock and BP's Bob Dudley in having his bonus cut.

Criticism Hurts Because it’s Often True, says Yahoo’s CEO

Marissa Mayer isn't afraid to accept criticism, unless, perhaps, it comes from the media.

CEO Trash Talks his own Product in Bizarre PR Display

Huawei's Eric Xu probably won't be appearing in the telecom company's ads any time soon.

Last Year’s Highest-Paid CEOs Didn’t Come from the Biggest Companies

Leaders earned a solid pay raise last year, though company size and total shareholder returns didn't always determine who got the biggest increase.

Cyberattack Damage to Victims’ Share Prices Revealed

Companies suffered an average 1.8% hit to their market value as a result of a cyberattack, putting pressure on CEOs to sink more capital in defenses.

Rivals React to United CEO Storm with Mix of Support, Opportunism

Other airline-industry leaders have come to Munoz's aid, though he's been offered a few words of advice.

Trump Promises NAFTA “Surprises” at Latest CEO Shindig

Companies are still nervously awaiting the president's plans for decades-old agreement, which could involve raising tariffs on imports.

United CEO Tested after Violent Passenger Removal Sparks Outrage

Oscar Munoz's response hasn't been entirely well-received.

Here’s how CEOs North of the Border are Viewing American Politics

Canadian executives hope to benefit from Trump's tax cuts and support of the fossil fuels sector, though few actually approve of his performance.

One CEO’s Solution to the $1 Trillion Infrastructure Funding Challenge

Larry Fink argues that privatizing more assets will provide business with the incentive it needs to invest in crucial upgrades.
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THOUGHT LEADERS

Lessons From a CEO Who Built an Office Tower

Northwestern Mutual CEO John Schlifske opened a 32-story, $450M high-rise in downtown Milwaukee. The tower is now the largest building in Wisconsin.

My First Job: Northwestern Mutual’s Schlifske Began by Scraping Paint off Trucks

Schlifske said his first jobs at Acme taught him at least three valuable lessons that he has used to succeed in business: discipline, humility and security.

My First Job: Belfor’s Yellen Learned Billion-Dollar Lessons as 11-Year-Old Dishwasher

Today Yellen has no regrets about being a child laborer, not only because he helped his family survive financially but also because he learned lessons that have proven invaluable.

When Founders Flounder—Either Lead, Learn or Leave

Clearly the very fiery temperament of a flamboyant founder that drives bold entrepreneurial ambitions during a company’s inception can backfire later. Yet there are profound strategic and cultural risks to replacing founders.

CEO CONFIDENCE INDEX

July 2017: Are CEOs in a ‘Wait-and-See’ Holding Pattern?

Since March, when CEO confidence was at its highest in the last 12 months (7.41 on a...

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