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Home/News/Business
Business
Aug 18, 2026, 12:33 PM·1 views

Defense contractor L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

PolicyDrift
PolicyDrift
PolicyDriftDefense contractor L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

Chris Kubasik was ousted as Lockheed Martin's incoming CEO in 2012 after what that company called close personal relationship with a subordinate employee.

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BUSINESS17M AGO

Fed Faces High Stakes Test at Jackson Hole

Fed Chair Kevin Warsh heads into Jackson Hole under heightened scrutiny after the Treasury’s intervention in the bond market raised questions about the traditional boundaries between fiscal and monetary policy. Host of…

BUSINESS35M AGO

Rep. McCormick Warns Against Slowing AI Buildout

Representative Rich McCormick is on Bloomberg This Weekend with David Gura and Christina Ruffini and says the US should continue expanding data centers to support its leadership in artificial intelligence, arguing they…

BUSINESS50M AGO

Data Center Expansion Tests Voter Patience

The rapid expansion of AI data centers is becoming a political issue in Ohio as residents raise concerns about higher electricity bills, tax incentives and secrecy around local development deals. Representative Greg…

BUSINESS1H AGO

How Water Scarcity Is Changing the Economics of the Southwest

The Colorado River provides water to seven states, contributing to an estimated $1.4 trillion in annual economic activity. But decades of decline, record-low snowpack and shrinking reservoirs have pushed the system…

BUSINESS1H AGO

Canada Digs In as US Trade Fight Escalates

Joining Bloomberg This Weekend, Former Canadian Finance Minister Chrystia Freeland says Canada was right to walk away from a trade deal she argues would have harmed both countries, urging Ottawa not to back down and…

BUSINESS1H AGO

A Teen’s Double Life Reveals London’s Wealth Obsession

Joining Bloomberg This Weekend is Best Selling Author Patrick Radden Keefe to discuss his new book 'London Falling,' which explores the mysterious 2019 death of 19-year-old Zac Brettler, whose parents discovered after…

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BUSINESS17M AGO

Fed Faces High Stakes Test at Jackson Hole

Fed Chair Kevin Warsh heads into Jackson Hole under heightened scrutiny after the Treasury’s intervention in the bond market raised questions about the traditional boundaries between fiscal and monetary policy. Host of…

BUSINESS35M AGO

Rep. McCormick Warns Against Slowing AI Buildout

Representative Rich McCormick is on Bloomberg This Weekend with David Gura and Christina Ruffini and says the US should continue expanding data centers to support its leadership in artificial intelligence, arguing they…

BUSINESS50M AGO

Data Center Expansion Tests Voter Patience

The rapid expansion of AI data centers is becoming a political issue in Ohio as residents raise concerns about higher electricity bills, tax incentives and secrecy around local development deals. Representative Greg…

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