OpenAI Co-Founder Who Helped Oust Sam Altman Leaves the Company

Ilya Sutskever, who was the startup's chief scientist, offers praise for its leaders as he departs. 


 
Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says

The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct. 


 
PwC's New U.S. Leader Starts Early as Predecessor Heads to Citigroup

PricewaterhouseCoopers' incoming U.S. head took the reins a month and a half early on Tuesday as his predecessor prepares to exit for Citigroup and the Big Four accounting firm gears up for new global leadership. 


 
Vanguard Names Former BlackRock Executive as CEO

Salim Ramji led BlackRock's ETF business and left in January. 


 
Nvidia's Jensen Huang Gets 60% Pay Bump

Huang's stock awards were valued about $7 million higher than in fiscal 2023, and he received a $4 million cash bonus. 


 
Red Lobster Preparing to File for Bankruptcy Protection This Month

The casual-dining chain is aiming to restructure agreements with landlords and creditors to reduce its debt. 


 
Canadian Railroad's Trucking Unit Drivers Ratify Agreement

Canadian National Railway said Tuesday that truck drivers affiliated with Unifor ratified a tentative agreement with CNTL, a subsidiary dedicated to first- and last-mile trucking-container pickup and deliveries. 


 
Google to Roll Out AI Search Summaries to Billions

Starting this week in the U.S., hundreds of millions of people will begin seeing AI overviews in Google search, as the company strengthens its embrace of generative artificial intelligence. 


 
Payments-Company Waystar Plans to Restart IPO Pitch

The private equity-backed company is eyeing a June stock-market debut. 


 
Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine

The chief executive of Amazon Web Services, Adam Selipsky, is stepping down and will be succeeded by Matt Garman, the company's senior vice president of sales and marketing.


(END) Dow Jones Newswires

05-14-24 2315ET