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Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's market value rose from $29B to ~$168B during his tenure (Patrick Oster/Bloomberg)

Patrick Oster / Bloomberg : Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's m...

5 December 2024

AT&T's stock is up 35% in 2024 after CEO John Stankey reversed course in 2022 and spun off Warner Bros. and DirecTV, and plans to return $40B+ to shareholders (Drew FitzGerald/Wall Street Journal)

Drew FitzGerald / Wall Street Journal:
AT&T's stock is up 35% in 2024 after CEO John Stankey reversed course in 2022 and spun off Warner Bros. and DirecTV, and plans to return $40B+ to shareholders  —  Investors have welcomed CEO John Stankey's return to boring wireless and broadband services after costly entertainment gambles

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