Hertz ceo resigns in disgrace after buying 100,000 Teslas.

Hertz Global Holdings Inc. announced that its chief executive officer, Stephen Scherr, will step down from his position at the end of the month, according to a Friday press release. Earlier this year, the rental car company moved to trim its electric vehicle inventory despite previously setting targets to transition 25% of its fleet to …

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Palestinian government resigns…

NEW: Palestinian government submits resignation to Mahmud Abbas: Prime Ministerhttps://t.co/XaOqJ0Mtls — Insider Paper (@TheInsiderPaper) February 26, 2024 Palestinian prime minister Mohammad Shtayyeh on Monday announced his government, which rules parts of the occupied West Bank, submitted its resignation, saying “new political measures” were needed given the changing reality in Gaza. “I submit the government’s resignation …

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Hungary’s president resigns over a pardon of man convicted in child sexual abuse case

Hungary’s conservative president has resigned amid public outcry over a pardon she granted to a man convicted as an accomplice in a child sexual abuse case, a decision that unleashed an unprecedented political scandal for the long-serving nationalist government. Katalin Novák, 46, announced in a televised message on Saturday that she would step down from …

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Arizona GOP Chairman resigns after bribery attempt on Kari Lake; Colorado republican House leader Mike Lynch resigns after DUI coverup.

PHOENIX (3TV/CBS 5/AP) — The Chairman of the Arizona Republican Party has resigned amid a growing number of calls to step down after a British tabloid released clips of him reportedly trying to “bribe” former gubernatorial candidate and television news anchor Kari Lake to not run for Senate. The verified audio recording obtained by the Daily Mail reveals …

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Kevin McCarthy Resigns from Congress in Total Shame

by Chris Black The greatest thing is that McCarthy went down fighting against Russia. That’s sort of why the story matters. Putin beat McCarthy. Axios: Former Speaker Kevin McCarthy (R-Calif.) announced Wednesday he will step down from Congress at the end of the year, leaving the House GOP with an even slimmer majority until a special election …

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500 employees of OpenAI threaten to quit in letter unless board resigns and Sam Altman reappointed

OPENAI WAS IN open revolt on Monday with more than 600 employees signing an open letter threatening to leave unless the board resigns and reinstates Sam Altman as CEO, along with cofounder and former president Greg Brockman. Altman was controversially fired by the board on Friday. “The process through which you terminated Sam Altman and …

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Mark Milley resigns end of month

The Pentagon’s chairman of the Joint Chiefs of Staff, General Mark Milley, is set to retire at September’s end. Whatever credit he deserves for serving the inharmonious presidencies of Donald J. Trump and Joe Biden and backing material support for Ukraine against an international war-crime syndicate in Russia cannot overshadow how Milley effected the orders …

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Embattled head of Maui emergency management resigns. No regrets that sirens were not sounded

HONOLULU (HawaiiNewsNow) – The embattled head of the Maui Emergency Management Agency has resigned effectively immediately amid sharp critiques of his handling of the wildfire disaster. Maui County Mayor Richard Bissen made the announcement in a news release Thursday. Administrator Herman Andaya cited “health reasons” in his resignation. https://www.hawaiinewsnow.com/2023/08/18/embattled-head-maui-emergency-management-agency-resigns-citing-health-reasons/ Head of Maui emergency management resigns …

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The system collapses when the Fed pull REPO away. Bullard resigns as Fed overtightens. Another crash is coming?

Unemployment clearly shows we've been in the same economic cycle since 2010. It never ended. We haven't had the real crash yet, but it's coming. — Financelot (@FinanceLancelot) July 18, 2023 Bullard was the most outspoken Fed member about needing to dramatically raise rates last year. Makes sense he's jumping ship now because the Fed …

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