BusinessTechnology

Salesforce CEO Retracts Support for Trump’s Military Deployment Plan Following Internal Backlash

Salesforce CEO Marc Benioff has walked back his endorsement of Donald Trump’s proposal to deploy National Guard troops to San Francisco. The reversal comes after significant internal backlash, including the resignation of prominent venture capitalist Ron Conway from the company’s philanthropic arm.

Executive Reversal Following Internal Pressure

Salesforce chief executive Marc Benioff has publicly retracted his support for former President Donald Trump‘s proposal to deploy military troops to San Francisco, according to reports. The reversal follows significant employee backlash and the resignation of a key figure from the company’s philanthropic foundation board.

AutomotiveBusiness

Lamborghini CEO Navigates Economic Challenges and Electric Future, BBC Reports

The president and CEO of Lamborghini reveals how he steers the iconic supercar brand through global economic challenges. With electric vehicles rising, what’s next for luxury automotive status symbols?

From Paratrooper to Luxury Automotive Leadership

Stephan Winkelmann, the current chief executive officer of Lamborghini, has followed an unconventional path to leading one of the world’s most prestigious car manufacturers, according to recent BBC coverage. Sources indicate his journey began in military service as a paratrooper before transitioning to executive roles at multiple premium automotive brands.

BusinessEconomy

After-Hours Stock Movers: CSX Rises on Earnings Beat, Interactive Brokers and Oracle Fall Despite Results

CSX Corporation saw shares climb 2% after hours following better-than-expected quarterly earnings. Meanwhile, Interactive Brokers Group declined despite beating estimates, and Oracle fell after providing its long-term outlook. Obesity drug manufacturers Novo Nordisk and Eli Lilly also moved lower.

Railroad Operator CSX Rises on Earnings Beat

Shares of CSX Corporation jumped approximately 2% in after-hours trading Thursday after the railroad company reported quarterly results that reportedly exceeded analyst expectations. According to the analysis by LSEG, CSX posted adjusted earnings of 44 cents per share on revenue of $3.59 billion for its third quarter, slightly beating expectations of 42 cents per share on $3.58 billion in revenue. The report states that despite this performance, declining coal prices and merchandise volume contributed to slightly lower revenue during the period. CSX Transportation operates one of the largest railroad networks in the eastern United States.

Business

Starbucks CEO Values China Business Over $10 Billion Amid Partnership Talks

Starbucks leadership has signaled the company’s China business could be worth significantly more than previous estimates. The coffee chain is reportedly seeking strategic partnerships to navigate increasing local competition while maintaining a stake in the valuable market.

Starbucks China Business Valued “North of $10 Billion”

Starbucks CEO Brian Niccol has reportedly indicated the company’s China operations are worth more than previously estimated, with sources suggesting the value exceeds $10 billion. According to reports from CNBC’s Jim Cramer, the chief executive officer communicated that this valuation includes upfront investment from potential partners, Starbucks’ retained stake in the China business, and future royalty payments.

BusinessInnovation

AI Blurs Job Roles: Figma CEO Reports Rise of ‘Product Builder’ Workforce

According to Figma CEO Dylan Field, traditional job titles are rapidly merging as AI tools enable professionals to work across disciplines. Field’s research shows 72% of respondents attribute role expansion to AI tools, with non-designers increasingly engaging in design tasks. The shift suggests companies are moving toward a “product builder” model where specialization coexists with broader capabilities.

AI-Driven Role Convergence Accelerating

Traditional job boundaries between designers, engineers, and researchers are rapidly dissolving as artificial intelligence tools make specialized knowledge more accessible, according to reports from Figma CEO Dylan Field. In a recent podcast appearance, Field stated that he has observed a “shifting and merging of roles” over the past five years and expects this trend to accelerate significantly in the coming half-decade.