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Trump woos CEOs, Howard Schultz on Steve Jobs, and Elon Musk's money: Leadership news roundup

Trump woos CEOs, Howard Schultz on Steve Jobs, and Elon Musk's money: Leadership news roundup

Plus, the creator of Cool Ranch Doritos on the chips’ little life lesson — and why Crystal Pepsi failed

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Image for article titled Trump woos CEOs, Howard Schultz on Steve Jobs, and Elon Musk's money: Leadership news roundup
Photo: Andrew Harrer/Bloomberg (Getty Images), Kevin Winter (Getty Images), Brandon Bell/Staff (Getty Images), Phillip Faraone/Stringer (Getty Images), Image: Anna Moneymaker (Getty Images), Justin Sullivan / Staff (Getty Images)
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Jamie Dimon and Donald Trump
Former president Donald Trump and JPMorgan CEO Jamie Dimon at a Strategic and Policy Forum meeting in Washington, D.C., in 2017.
Photo: Andrew Harrer/Bloomberg (Getty Images)

Former President Donald Trump is heading to Washington for the day to hold a fireside chat with the chief executives of some of the largest U.S. companies.

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Former Starbucks CEO Howard Schultz testifies before the U.S. Senate in 2023 to discuss employee unions across the country.
Former Starbucks CEO Howard Schultz testifies before the U.S. Senate in 2023 to discuss employee unions across the country.
Image: Anna Moneymaker (Getty Images)

When Howard Schultz, the former chief executive officer of Starbucks, was having a hard time leading the coffee chain, he reached out to Steve Jobs, the co-founder of Apple, for some advice.

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 Elon Musk attends the 10th Annual Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures on April 13, 2024, in Los Angeles, California.
Elon Musk attends the 10th Annual Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures on April 13, 2024, in Los Angeles, California.
Photo: Kevin Winter (Getty Images)

Money may not buy happiness, but it can buy a whole lot of other things. Few people know that better than Elon Musk. the world’s richest person. He may soon be able to buy a lot, lot more.

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Where did Cool Ranch Doritos come from?
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Where did Cool Ranch Doritos come from?

Sometimes lightning strikes in the salad dressing aisle.

Former Yum Brands CEO David Novak — inventor of the Cool Ranch Dorito — said the beloved chip flavor got its start during a grocery trip to a Texas supermarket in 1984. He and other executives needed to develop new products that could help the struggling Frito Lay business. At the time, their biggest moneymaker was Doritos.

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Elizabeth Holmes founded Theranos in 2003.
Elizabeth Holmes founded Theranos in 2003.
Image: Justin Sullivan / Staff (Getty Images)

A judge overseeing the appeal hearing of disgraced Theranos founder Elizabeth Holmes hinted that she may have a shot at getting her conviction and at one point 11-year prison sentence appealed.

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Donald Trump
Photo: Brandon Bell/Staff (Getty Images)

Presumptive Republican presidential nominee Donald Trump is wooing Wall Street and beyond with sweet talk of lower tax rates.

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In a meeting with CEOs of the biggest U.S. companies on Thursday, Trump promised to cut the corporate tax rate to 20%, Bloomberg reports, citing unnamed sources familiar with the comments.

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Where did Cool Ranch Doritos come from?
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Former Yum Brands CEO David Novak created the Frito Lay flavor on a grocery trip in 1984, but not all of his ideas have landed

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Larry Ellison
The 79-year-old Ellison is the saw the largest wealth gain of any billionaire on Wednesday.
Photo: Phillip Faraone/Stringer (Getty Images)

Larry Ellison, co-founder and chief technology officer of Oracle, saw his net worth skyrocket after the software company’s stock reached record highs early this week.

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