Leadership
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18 stories in Business · Updated live
Six Flags Adds Seatbelts to Select Roller Coasters After Fatal Ejection at Six Flags Over Georgia
Six Flags Entertainment Corporation announced on October 24, 2026, that it will install seatbelts on Goliath, Nitro, and Raging Bull following the October 12 death of a rider ejected from Goliath at Six Flags Over Georgia. The fatality prompted immediate closure of nine Bolliger & Mabillard coasters with clamshell lap-bar restraints across North American parks, amid existing safety lawsuits against the company and no single federal agency overseeing ride safety standards. The company has committed to independent engineering reviews of all attractions while state and local investigations continue, signaling likely tighter restraint standards and heightened regulatory scrutiny for the amusement industry.
General Motors Moves NYSE Listing to Nasdaq Effective November 17 2026
General Motors announced on October 27 2026 that its common stock will transfer from the New York Stock Exchange to the Nasdaq Global Select Market while retaining the GM ticker, with trading on Nasdaq beginning November 17 2026. The move follows a technology conference where the company outlined its AI and software initiatives and comes as GM, with a market value of approximately $64.4 billion, seeks a valuation base aligned with its electric vehicle and autonomous driving strategy. The shift positions GM alongside technology-focused issuers on Nasdaq and makes it eligible for potential inclusion in the Nasdaq-100 Index, signaling a broader strategic repositioning of legacy automakers toward technology-driven investor bases.
LIV Golf Paid $15.6 Million in Executive Retention Bonuses While Vendor Claims Went Unpaid Before Chapter 11 Filing
Bankruptcy court documents filed in late October 2026 reveal that LIV Golf disbursed approximately $15.6 million in retention payments to seven executives, including $6.375 million to CEO Scott O'Neil, while multiple vendors pursued lawsuits for unpaid services. The payments and vendor defaults followed the withdrawal of Saudi Arabia's Public Investment Fund as funder after roughly $5 billion in investment since the tour's 2022 launch, leading to the Chapter 11 filing in September 2026. The tour is restructuring under new backing from BC Partners Credit with a planned transition to LIV 2.0 in 2027, though creditor claims and vendor litigation remain active.
Skydance Imposes Five-Day Office Mandate and Voluntary Buyouts Following Paramount-WBD Merger Closure
Skydance issued a company-wide five-day return-to-office mandate alongside a one-time voluntary buyout program for eligible employees from legacy Paramount and Warner Bros. Discovery units, with decisions due November 8, 2026. The measures follow the October 2026 closure of Paramount's roughly $110 billion acquisition of Warner Bros. Discovery, which requires standardizing operations across studios, networks, and streaming services. The combined entity is expected to pursue further workforce reductions and cost efficiencies as it targets over $6 billion in post-merger savings.
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Manchester United Retains Michael Carrick Following Eight-Match Winless Run and Crisis Talks
On October 27, 2026, Manchester United's hierarchy decided to retain head coach Michael Carrick after an eight-match winless run across all competitions left the club 16th in the Premier League, one point above the relegation zone. The decision followed a 3-0 home defeat to Bournemouth on October 25, public tactical criticism from captain Bruno Fernandes and defender Lisandro Martinez, and crisis talks between chief executive Omar Berrada and director of football Jason Wilcox on October 26. The club's short-term stability priority may face renewed pressure if results do not improve in the Chelsea fixture on October 31, 2026, given the club's historical pattern of managerial turnover since the eras of Matt Busby and Alex Ferguson.
LIV Golf Paid $15.6 Million in Executive Retention Bonuses While Vendor Claims Went Unpaid Before Chapter 11 Filing
Bankruptcy court documents filed in late October 2026 reveal that LIV Golf disbursed approximately $15.6 million in retention payments to seven executives, including $6.375 million to CEO Scott O'Neil, while multiple vendors pursued lawsuits for unpaid services. The payments and vendor defaults followed the withdrawal of Saudi Arabia's Public Investment Fund as funder after roughly $5 billion in investment since the tour's 2022 launch, leading to the Chapter 11 filing in September 2026. The tour is restructuring under new backing from BC Partners Credit with a planned transition to LIV 2.0 in 2027, though creditor claims and vendor litigation remain active.
General Motors Moves NYSE Listing to Nasdaq Effective November 17 2026
General Motors announced on October 27 2026 that its common stock will transfer from the New York Stock Exchange to the Nasdaq Global Select Market while retaining the GM ticker, with trading on Nasdaq beginning November 17 2026. The move follows a technology conference where the company outlined its AI and software initiatives and comes as GM, with a market value of approximately $64.4 billion, seeks a valuation base aligned with its electric vehicle and autonomous driving strategy. The shift positions GM alongside technology-focused issuers on Nasdaq and makes it eligible for potential inclusion in the Nasdaq-100 Index, signaling a broader strategic repositioning of legacy automakers toward technology-driven investor bases.
Marissa Mayer Dismisses Gender Bias in Tech as Women Exit Industry Amid DEI Rollbacks
Former Yahoo CEO Marissa Mayer used a New York Times interview published October 25, 2026 to promote her AI app Dazzle while asserting that gender plays no meaningful role in technology careers. The statements drew a critical analysis from 404 Media on October 27, 2026, which contrasted them with reports that roughly half of women in tech leave the industry by age 35 and with the October 2026 cancellation of the Grace Hopper Celebration. The debate is likely to intensify as industry and federal shifts away from DEI programs continue to reshape the representation and funding landscape for women in technology.