Alphabet, Google’s parent company, said it plans to cut 12,000 jobs equating to over 6% of its global workforce in the latest round of tech layoffs. Read More...
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Kinder Morgan taps Kim Dang as new CEO; results, outlook mixed
Kinder Morgan Inc. (KMI) said late Wednesday it named Kim Dang to be the energy infrastructure company’s next chief executive, while reporting mixed results. Dang, currently president, will succeed Steve Kean, who wants to cycle out of the CEO role and remain board chair, effective August 1. Kinder Morgan also reported fourth-quarter net income of $670 million, or 30 cents a share, compared with $637 million, or 28 cents a share, in the year-ago period.