Seven & i Holdings, the parent company of 7-Eleven, announced that CEO Ryuichi Isaka will be replaced by lead independent outside director Stephen Dacus, marking the first time a foreigner will serve as the top executive. Dacus will assume the role on May 27, while Isaka will continue as a senior adviser. The company also revealed plans for a $13.2 billion share buyback, the listing of its North American subsidiary, 7-Eleven Inc., in 2026, and a majority stake in the subsidiary.
Full Article
Air Canada flight to Toronto diverted to Des Moines after smoke smell detected
An Air Canada Rouge flight from Las Vegas to Toronto was diverted to Des Moines International Airport on Thursday after smoke was detected in the flight deck. The aircraft, with 176 passengers on board, landed safely and was met by first responders; no injuries were reported. A replacement plane was sent to ensure passengers arrived in Toronto early the following morning, echoing a similar incident involving Air Canada Jazz Flight 7962, which also made an...
Read more