CEO Watch
Starting-up
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Some Basics for the Future CEO for Starting Your Own Company
A CEO for a company normally enters into the start-up process from one of two frames of mind.
Latest Related News
Addressing Globalization Fears: Oracle Leader Fills In For CEO and Lays Out An International High-Tech Corporate Perspective
2011-11-07 20:37:04
In the current political climate in the US, there is a general distrust of all things related to globalization.
Addressing Globalization Fears: Oracle Leader Fills In For CEO and Lays Out An International High-Tech Corporate Perspective
2011-11-07 20:37:04
In the current political climate in the US, there is a general distrust of all things related to globalization.
The Bright Lights Are Now On: GE CEO Jeff Immelt to Spearhead US Economic Recovery as Job "Czar"
2011-10-11 13:38:26
Though largely unnoticed prior to his recent CBS "60 Minutes" story, GE CEO Jeff Immelt has been entrusted with implementing job creation strategies in the badly sagging United States economy.
The Bright Lights Are Now On: GE CEO Jeff Immelt to Spearhead US Economic Recovery as Job "Czar"
2011-10-11 13:38:26
Though largely unnoticed prior to his recent CBS "60 Minutes" story, GE CEO Jeff Immelt has been entrusted with implementing job creation strategies in the badly sagging United States economy.
Steve Jobs and Assessing the Impact of a Media Superstar CEO on a Company
2011-10-09 08:00:45
On October 5, recently retired Apple CEO and by all accounts mastermind, Steve Jobs passed away after years battling pancreatic cancer. He left a legacy of innovation and prosperity for Apple.
Steve Jobs and Assessing the Impact of a Media Superstar CEO on a Company
2011-10-09 08:00:45
On October 5, recently retired Apple CEO and by all accounts mastermind, Steve Jobs passed away after years battling pancreatic cancer. He left a legacy of innovation and prosperity for Apple.
Steve Jobs and Assessing the Impact of a Media Superstar CEO on a Company
2011-10-09 08:00:45
On October 5, recently retired Apple CEO and by all accounts mastermind, Steve Jobs passed away after years battling pancreatic cancer. He left a legacy of innovation and prosperity for Apple.
US Postal Service CEO Looks to Forge a new Direction Amidst Dire Budgetary Realities
2011-09-30 06:17:41
Although the United States Postal Service is a quasi-governmental organization designed to carry out the Constitutional mail delivery mandates, its economics are subject to private sector realities.
US Postal Service CEO Looks to Forge a new Direction Amidst Dire Budgetary Realities
2011-09-30 06:17:41
Although the United States Postal Service is a quasi-governmental organization designed to carry out the Constitutional mail delivery mandates, its economics are subject to private sector realities.
US Postal Service CEO Looks to Forge a new Direction Amidst Dire Budgetary Realities
2011-09-30 06:17:41
Although the United States Postal Service is a quasi-governmental organization designed to carry out the Constitutional mail delivery mandates, its economics are subject to private sector realities.
A Public Health Threat: The Fallacy of the FDA’s Regulation of Natural Nutritional Supplements
2011-09-26 07:05:08
The unfortunate reality of when the government behaves irrationally and with inarguable overwhelmingly negative results, is that it invites endless speculation about the possible reasons why.
The Buffett Rule and the Possible Impact on Other U.S. CEO’s
2011-09-22 07:32:28
Earlier this week Berkshire Hathaway CEO Warren Buffett publicly reaffirmed his belief that people making over $1,000,000 annually should be taxed at a minimum rate no less than middle-class taxpayers.
The Buffett Rule and the Possible Impact on Other U.S. CEO’s
2011-09-22 07:32:28
Earlier this week Berkshire Hathaway CEO Warren Buffett publicly reaffirmed his belief that people making over $1,000,000 annually should be taxed at a minimum rate no less than middle-class taxpayers.
The Buffett Rule and the Possible Impact on Other U.S. CEO’s
2011-09-22 07:32:28
Earlier this week Berkshire Hathaway CEO Warren Buffett publicly reaffirmed his belief that people making over $1,000,000 annually should be taxed at a minimum rate no less than middle-class taxpayers.
Yahoo presses forward: CEO to lead an evolution in philosophy and direction
2011-09-19 09:19:14
With the dust barely settled from Yahoo’s recent CEO upheaval, there are some interesting story lines emerging that will play themselves out publicly in the days and weeks ahead.
Yahoo presses forward: CEO to lead an evolution in philosophy and direction
2011-09-19 09:19:14
With the dust barely settled from Yahoo’s recent CEO upheaval, there are some interesting story lines emerging that will play themselves out publicly in the days and weeks ahead.
CEO Upheaval at Yahoo and The Fundamentals Preventing Dominance.
2011-09-11 23:01:10
Yahoo Inc. is without a doubt one of the handful of prominent companies that stands as a monument in many people’s minds for the excess of inflated values during the Internet “bubble”.
CEO Upheaval at Yahoo and The Fundamentals Preventing Dominance.
2011-09-11 23:01:10
Yahoo Inc. is without a doubt one of the handful of prominent companies that stands as a monument in many people’s minds for the excess of inflated values during the Internet “bubble”.
Apple CEO Tim Cook’s Big Raise from Apple and Trends in CEO Compensation
2011-09-07 06:23:38
Last week Tim Cook, newly installed CEO of Apple and successor to the legendary Steve Jobs, received a pay bump. Actually it was more like a pay rocket boost in minimal gravity.
Tribune Company has a new leader
2011-06-01 16:51:27
Nils Larsen will be the CEO of broadcasting operations at the Tribune media conglomerate. This is his third job at the company. Do you sense butterfly here or opportunist?
Copter crash kills Saba Masri, a prominent Mexican Telecom & Construction Billionaire
2010-01-12 08:04:13
On Sunday, a copter crash killed five people, including high-end Mexican billionaire businessman Moises Saba Masri, declared the state-run Notimex news agency.
Recipe for Success: Just Add Drive
2009-10-06 18:02:17
Profile of Laura Hylton of Tactical TeleSolutions
Aeropostale CEO to Step Down
2009-09-24 23:54:30
Aeropostale’s long-time chief executive officer, Julian Geiger, will step down by the end of the fiscal year but will continue serving at the retail giant as chairman.
Wisconsin Targets Payday Lenders
2009-09-11 19:07:45
A Wisconsin bill would tighten regulations on the fast-growing payday loan industry, which provides small, short-term loans.
Google Goes Semantic
2009-04-01 18:14:34
In an effort to better understand search engine users, search giant Google Tuesday announced improvements to its search-term association technology, improvements that go beyond the traditional matching of key words with words found at websites.
Ford Cuts CEO Pay By A Third
2009-03-25 01:02:02
Ford Motor Co. CEO Alan Mulally will receive a 30 percent pay cut during the next two years, the Detroit automaker announced Tuesday.
Deutsche Bank CEO Takes 90 Percent Pay Cut
2009-03-25 00:57:43
Duetsche Bank AG announced that compensation for chief executive officer Josef Ackermann’s fell 90 percent during 2008.
Activision Taps Ex Yahoo COO to Head “Guitar Hero”
2009-03-24 01:18:06
Activision Blizzard Inc. has appointed former Yahoo chief operating officer Dan Rosensweig chief executive officer of RedOctane, which develops the multi-billion dollar Guitar Hero franchise.
Intel Freezes CEO Pay
2009-03-24 01:15:51
Intel Corp. announced plans to freeze employee pay, including the salary of chief executive officer Paul Otellini.
Search engine strategy conference SES New York is gearing up
2009-03-13 09:56:46
Amid increasingly challenging economic times, as business budgets continue the delicate shift from traditional marketing outlets to online venues, New York City will play host to the online marketing conference Search Engine Strategies (SES) New York, from March 23 to 27.
Clearwire Taps Morrow as CEO
2009-03-12 17:52:03
Clearwire Corp., the wireless broadband service provider, names William Morrow to replace Benjamin Wolff as CEO.
Intel CEO Offers Support for Economic Stimulus
2009-02-11 13:04:45
Intel Corp. CEO Paul Otellini offered support Tuesday for President Barack Obama’s $800 billion economic recovery package during a speech at the Economic Club of Washington D.C.
Eight U.S. CEOs To Testify Before House Committee
2009-02-11 13:02:58
Eight U.S. bank CEOs will appear before the House Financial Services Committee Wednesday to defend their use of $176 billion in bank bailout money.
Aozora Bank CEO Steps Down
2009-02-10 14:49:02
Aozora Bank Ltd. chief executive and president Federico Sacasa stepped down in the wake of the Japanese bank’s estimated annual net loss of $2.1 billion.
Former eBay CEO to Run for California Governor
2009-02-10 14:04:38
Former eBay chief executive Meg Whitman joined the race for governor of California Monday, announcing the creation of an exploratory committee to seek the Republican nomination.
BofA CEO: Talk of Nationalization “Absurd”
2009-02-09 16:26:08
Bank of America chief executive Kenneth Lewis dismissed speculation that his bank needs more money from the federal government, adding that he does not expect BofA to be nationalized.
Bank of America CEO on the Hot Seat
2009-01-19 17:07:37
Bank of America Corp.’s first quarterly loss in 17 years, coupled with the troubled purchases of Countrywide Financial Corp. and Merrill Lynch, has put the bank’s chief executive, Ken Lewis, on the hot seat.
New Yahoo CEO to Receive $19 Million Pay Package
2009-01-19 16:24:00
New Yahoo CEO Carol Bartz stands to earn $19 million in stock and cash during her first year at the search engine giant.
CEO Compensation Up in 2007
2008-12-10 12:59:23
The median pay raise for the nations top CEOs rose 7.5 percent in 2007, representing the lowest rate of increase in six years.
Novellus to Cut Jobs, CEO Pay
2008-12-10 12:56:00
Novellus Systems Inc. CEO Richard Hill announced plans Tuesday to cut 10 percent of its workforce and reduce his own salary by 50 percent due to weakening demand from Asia.
Merrill, Morgan CEOs Won’t Receive Bonuses
2008-12-09 19:18:58
The chief executives of Merrill Lynch and Morgan Stanley, along with top company officials, will not receive pay bonuses for 2008.
Qantas Chief: British Airways Deal in Doubt
2008-12-09 12:54:05
Qantas Airways chief executive Alan Joyce warned investors its merger plan with British Airways could fall apart because of the British airline's potential deal with Spanish carrier Iberia.
Playboy CEO to Resign
2008-12-09 12:51:00
Playboy Enterprises CEO Christie Hefner will step down next year after two decades at the helm of the magazine company her father founded.
“Big Three” CEOs Leave D.C. Empty Handed
2008-12-06 14:48:31
After hours of testimony before Congressional leaders Friday, the chief executives of Detroit’s “big Three” automakers left Washington D.C. empty handed, uncertain if they will secure the $34 billion rescue package they requested for their struggling companies.
Ex-WorldCom CEO Seeks Presidential Pardon
2008-12-05 18:50:16
Former WorldCom chief executive Barnard Ebbers has submitted a request to have his 25-year sentence commuted.
“Big Three” CEOs Go to Washington, Again
2008-12-04 18:18:49
The chief executives of the Big Three U.S. automakers returned to Washington D.C. Thursday to plead Congress for a $34 billion bailout.
Yahoo's Next Moves
2008-11-19 16:05:31
Jerry Yang’s decision to resign as chief executive officer of Yahoo has not only set off a frenzied search for his successor – it has also increased the likelihood that the search engine giant will be acquired by Microsoft.
Some on Wall Street Expect Bigger 2008 Bonuses
2008-11-13 15:10:46
Despite mounting job losses and widespread economic gloom, a third of Wall Street professionals expect a higher end-of-year bonus in 2008.
Congressman Eyes CEO Pay
2008-10-29 22:47:58
The nation's nine largest banks benefiting from $125 billion in government emergency aid were asked to justify executive bonuses.
CEO Pay Increases Vary Widely
2008-10-28 21:33:39
The rates of increase in CEO pay at large S&P index firms were up to four times higher than those at small S&P index firms, according to a recently released report.
AIG Freezes Former CEO's Compensation
2008-10-23 22:55:14
Troubled insurance giant American International Group will freeze compensation payments to former CEO Martin Sullivan.
Top CEOs of French bank Caisse d'Epargne resign
2008-10-21 18:32:56
Groupe Caisse d'Epargne, third largest French consumer banking network has ousted its chairman and CEO after suffering a nearly €695 million ($931 million) trading loss on Oct 6.
Bailed out AIG Executives blow $442,000 in California retreat
2008-10-17 08:13:08
After a $85 billion federal bailout, you might be tempted to hold a retreat in an exclusive California resort, and that’s what American International Group executives did.
Dexia’s CEO, Axel Miller, will not seek golden parachute
2008-10-10 08:46:30
Axel Miller, the leaving CEO of Dexia, the Franco-Belgian bank rescued from final collapse earlier this month, guaranteed he will not ask for a pay-off when he quits the company.
Steve Ballmer and Microsoft bet on Paris to reinforce Research Department
2008-10-09 22:31:56
Software Giant is to open three Internet search technology centers, in Paris, London and Munich.
Dexia CEO’s golden parachute is sparking off fierce debate
2008-10-02 21:03:37
The debate did not take more than twenty-four hours before hitting the fan. According to his contract, the Franco-Belgian Bank Dexia’s CEO, Axel Miller, who resigned while the bank was being bailed out by French and Belgian’s government, is said to be leaving the company with a €3.7 million ($5.2 million) golden handshake.
$3 billion shared in between five Wall Street bosses
2008-09-30 21:44:21
Between 2003 and 2007, five high profile US fund banks' CEOs (Goldman Sachs' Lloyd Blankfein, Morgan Stanley's John Mack, Lehman Brothers' Richard Fudd, Merrill Lynch's Stanley O'Neal, Bear Stearns' James Cayne) received record breaking pays that are sparking off fierce debate.
Paulson Accepts Limits on C.E.O. Pay: Report
2008-09-24 21:31:04
Treasury Secretary Henry Paulson agreed to accept executive pay limits for the C.E.O.s of Wall Street firms slated to benefit from the $700 billion bailout initiative winding through Congress.
David Moffett, New Freddie Mac CEO, to be paid $900,000 salary
2008-09-24 12:54:09
The bailed out lender's new CEO, David Moffett, is to receive base pay that is 25% lower than his predecessor.
Dupont Names Kullman C.E.O.
2008-09-23 23:15:08
Dupont Co. announced that Ellen Kullman will take over as chief executive officer from Charles Holliday starting January 1, 2009
Washington: Slash C.E.O. Pay with Bailout Bill
2008-09-22 21:04:23
Republicans and Democrats say the federal government's $700 billion bailout plan for Wall Street should include limits on compensation packages for the chief executives of financial institutions rescued by Washington.
Virgin CEO Richard Branson ready to buy Gatwick Airport in London
2008-09-19 16:16:46
According to the Associated Press, Virgin Atlantic chairman Sir Richard Branson showed an interest in acquiring Gatwick Airport.
Auto Industry C.E.O.'s Lobby for Loans
2008-09-18 21:07:20
The chief executives of three U.S. auto giants asked House Speaker Nancy Pelosi Wednesday to fund a $25 billion loan program.
Fed Taps Liddy to Head A.I.G.
2008-09-17 20:55:37
The Federal Reserve tapped former Allstate Corp. CEO Edward Liddy to take charge of American International Group.
Merrill CEO Stands to Collect Big Payout
2008-09-16 22:39:28
Merrill Lynch CEO John Thain stands to receive $11 million from restricted stock options when the sale of his bank to Bank of America is completed.
CEO Lewis Touts Merrill Move
2008-09-15 21:32:39
Bank of America CEO touted the bank’s deal to acquire storied Merrill Lynch, despite a financial system he described as “under almost unprecedented stress.”
American Apparel CEO Praises Economic Milestones
2008-09-15 21:28:01
American Apparel CEO announced the achievement of economic milestones during a recent press conference in Los Angeles.
Mexican billionaire Carlos Slim acquires 6.4% Stake in New York Times
2008-09-12 19:37:25
Mexican billionaire Carlos Slim and his family became yesterday one of the biggest shareholders of the American New York Times group, when they took a 6.4% stake in the company worth $127 million
Fannie Mae and Freddie Mac ousted CEOs to share $23 million
2008-09-08 19:20:14
Both top executives ousted from Fannie Mae and Freddie Mac, in the major federal bailout ever of the troubled mortgage lenders, will receive a combined payoff exceeding $23 million.
Fannie Mae and Freddie Mac CEOs ousted
2008-09-08 00:16:19
On Sunday, the U.S. government took control of major mortgage finance companies Fannie Mae and Freddie Mac, embarking on what could be it’s largest federal bailout ever, in an effort to support the sinking national housing market and avoid more global financial market turmoil.
The companies’ top executives were ousted. Fannie Mae’s CEO Daniel Mudd and Freddie Mac chief executive Richard Syron, were replaced in the process by Herb Allison, formerly with Merrill Lynch and pension fund TIAA-CREF and David Moffett, a former top official at US Bancorp.
Indian farmers drive Tata Motors’ Nano project to a halt
2008-09-04 20:33:27
It is a hard blow to the Nano. The manufacturing of the tiny "revolutionary," less expensive car in the world ($2,500) is being stopped. "Tata motors has been constrained to suspend the construction and commissioning work at the Nano plant in Singur in view of the continued confrontation and agitation at the site," declared Ratan Tata’s spokesman yesterday in the Hindustan Times. The company also declared that it was looking at alternative sites.
LVMH Bernard Arnault's first foray into luxury yachts
2008-09-02 22:29:25
Bernard Arnault, CEO of LVMH Moët Hennessy Louis Vuitton, the largest luxury-goods maker, said on September the 2nd that he had agreed to buy Royal van Lent, a 160-year-old maker of custom-designed yachts from the Dutch investment company Egeria.
Oracles' Ellison is Highest Paid CEO
2008-08-22 21:15:30
Oracle Corp.'s Larry Ellison topped the list of the 10 highest-paid CEOs at Standard & Poor's 500 companies, with a fiscal 2008 pay package of $84.6 million.
First Marblehead Replaces CEO
2008-08-19 23:47:28
The student finance firm First Marblehead Corp. saw its stock skyrocket Monday after it announced that Daniel Myers, the company's co-founder and former chief executive, would return to the CEO post.
Shareholder Support of “Say on Pay” Growing
2008-08-19 00:54:17
Shareholder support for advisory votes on executive compensation is growing, albeit modestly, at U.S. corporations.
CEOs Exiting Position Prematurely: Study
2008-08-19 00:50:48
A growing number of chief executives are exiting their positions prematurely, according to a new study.
GE's Immelt on Financial Deals, China Investments
2008-08-19 00:37:22
General Electric will dive into the turbulent financial services industry, said chairman and CEO Jeff Immelt during a wide ranging interview from the Beijing Games.
Calpine Corp. Names New CEO
2008-08-13 20:51:02
Calpine Corp. named former Texas Genco chief executive Jack Fusco its new president and CEO, replacing Robert May.
United Pilots Call for CEO's Resignation
2008-08-12 21:31:42
The United Airlines pilots union called for the resignation of UAL chairman and chief executive Glenn Tilton, underlining the airline's poor on-time performance and financial losses.
Jobs: iPhone Software Booming
2008-08-11 22:51:48
Apple CEO Steve Jobs said users downloaded 60 million programs from the newly launched online software clearinghouse.
Firms Pay More for External CEOs
2008-08-09 23:17:26
Chief executives hired outside a company are paid significantly more than chief executives hired in-house, according to a new study.
Large Gap in CEO Pay
2008-08-09 23:13:37
Despite increasing public scrutiny of exorbitant CEO salaries, 2007 saw an increase in CEO pay at S&P 500 companies.
Cisco Sales Rise, Beat Forecasts
2008-08-07 15:17:23
Despite a lagging economy, Cisco Systems profits rose 4.4 percent in the fourth quarter from a year earlier, as CEO John Chambers announced he was "very comfortable" with the company's long-term growth target.
Friendster to Name New CEO
2008-08-05 21:20:33
The social networking site plans to name Richard Kimber its new chief executive.
Motorola Names Jha co-CEO
2008-08-04 21:07:36
Motorola Inc. names Sanjay Jha co-Chief Executive Officer, tapping him to run the company's ailing wireless handset division.
Former Bear Stearns CEO to Exit J.P. Morgan Chase
2008-07-31 20:44:55
Former Bear Stearns chief executive Alan Schwartz will leave J.P. Morgan Chase at the end of August.
Morgan Stanley Invests in New Hires
2008-07-31 20:41:48
Morgan Stanley chief executive John Mack readies to recruit top executives.
First Merrill. Who's Next?
2008-07-30 20:31:18
Merrill Lynch shores up capital with a fire sale of its mortgage securities and analysts wonder, who's next?
Alcatel-Lucent CEO and Chairman to Quit
2008-07-29 18:12:11
Patricia Russo and Serge Tchuruk, the two architects who orchestrated the merger of the telecommunications equipment giant Alcatel-Lucent two years ago, will step down at the end of the year.
Kravis to Take KKR Public
2008-07-28 23:54:33
Buyout king Henry Kravis announced late Sunday that he will take his private equity firm Kohlberg Kravis Roberts & Co. public...
Charles Schwab Names New C.E.O.
2008-07-25 08:33:12
Charles Schwab Corp. Tuesday named Walter Bettinger II as chief executive and announced it had boosted its quarterly dividend by 20 percent.
Ford Posts Largest Quarterly Loss
2008-07-25 08:25:23
Slumping sales and skyrocketing gasoline prices have derailed C.E.O. Alan Mulally's turnaround plans for Ford Motor Co.
Wachovia Loses $8.9 Billion
2008-07-22 22:40:24
The nation's fourth largest bank reported a staggering $8.9 billion loss during the second quarter, adding that it will cut its dividend again and slash 6,350 jobs.
Icahn on Board
2008-07-21 15:07:16
Jerry Yang can breathe easy, for now.
Merrill Reports $4.9 Billion Loss
2008-07-18 15:01:56
Merrill Lynch & Co., weighed down by $9.4 billion in write-downs, posted a second-quarter loss of $4.89 billion Thursday and unveiled plans to sell billions of dollars of assets.
J.P. Morgan Beats Forecasts
2008-07-17 16:42:56
Jamie Dimon, chief executive of J.P. Morgan Chase, announced Thursday that the bank's second-quarter net income fell 53 percent as a result of the continued credit crunch and $540 million in costs for the acquisition of Bear Stearns.
Goldman Questioned About Bear's Collapse
2008-07-17 16:03:46
Schwartz, who headed Bear Stearns before its epic collapse in March, asked Blankfein whether Goldman Sachs traders in London manipulated the firm's stocks.
G.M. to Cut Jobs, Sell Assets
2008-07-16 21:02:51
Battered by slumping sales and a sagging economy, General Motors C.E.O. Rick Wagoner announced plans Tuesday to eliminate its quarterly dividend, slash...
Farewell, Fake Steve
2008-07-15 12:09:58
Daniel Lyons, the former Forbes magazine journalist who wrote the immensely popular blog The Secret Diary of Steve Jobs, has decided to pen his last entry.
Merrill Eyeing Sale of Stake in Bloomberg
2008-07-15 12:07:19
John Thain is contemplating selling other investments in order to raise capital, including its stake in Bloomberg LP, according to a report by CNBC.com...
Wachovia Names Steel Chief Executive
2008-07-11 11:58:17
Wachovia Corp., the nation's fourth largest bank, has named former Treasury Undersecretary Robert Steel chief executive.
Casino Tycoon Cleared for SJM Listing
2008-07-10 08:07:37
Stanley Ho, 85, can now move ahead with the $493 million initial public offering, scheduled for mid-July. He has said that most of the money raised will be spent on new casino projects.
Dimon: Credit Crisis Could Worsen
2008-07-10 08:05:16
"I do think we have some very serious issues to face," said Dimon, according to Reuters. "Things could actually get worse."
G.M. Ponders Job Cuts, Downsizing
2008-07-09 09:22:45
Reeling from slumping sales amid a stalling U.S. economy, General Motors C.E.O. Rick Wagoner is considering cutting thousands of jobs at the Detroit automaker, while also contemplating whether to stop production on some G.M. brands, according to a report by the Wall Street Journal.
Ballmer Open to Restarting Yahoo Talks
2008-07-09 09:21:47
Microsoft C.E.O. Steve Ballmer is still interested in buying Yahoo, but only of the entire Yahoo board of directors is replaced, according to reports.
Lakshmi Mittal joins Goldman Sachs board
2008-07-03 20:54:18
The steel magnate CEO of ArcelorMittal, Lakshmi Mittal, joined the board of American business bank Goldman Sachs as an independent director, the company announced Sunday.
Grasso to Keep Pay Package
2008-07-03 13:47:06
The long legal battle former NYSE Chairman Richard Grasso's compensation package ended when a New York court ruled Grasso could keep the $187.5 million he was paid.
Yang Attempts to Sway Shareholders
2008-07-02 09:48:44
"The record casts doubt on whether Microsoft was ever committed to a whole company acquisition," said Yahoo during its shareholder meetings, according to AP.
Lehman Boss to Give Up Bonus
2008-07-01 06:56:48
Lehman, the nation’s fourth-largest investment bank, lost almost $3 billion in the second quarter, according bank insiders who wished not to be identified, reports the Associated Press.
Mozilo, Countrywide Under Fire
2008-06-27 08:05:27
Countrywide Financial C.E.O. Angelo Mozilo is under fire for providing two U.S. senators and former cabinet members special home loans...
Anne Lauvergeon, McMurphy and Areva's triple play in the United States
2008-06-12 21:17:25
Areva, the French engineering and nuclear technology group, harvested a total $11.8 billion worth of contracts this spring in the United States...
Thinking Inside the Box
2008-06-08 17:00:21
The streaming service is crucial to Netflix's future prosperity...
Rick Wagoner and General Motors get ready for the post S.U.V.'s era
2008-06-05 23:38:41
With consistently rising gas prices, General Motors' CEO, Rick Wagoner, announced drastic cuts in production of S.U.V.'s and pickups on June 3, and geared up plans for smaller cars and engines.
CEO Ken Thompson disembarked by Wachovia Bank
2008-06-04 15:31:02
Ken Thompson, CEO of United States’ fourth largest bank, Wachovia, has been asked to quit by the board of directors of the company. He is temporarily replaced by Lanty Smith, present chairman of the board. This decision came to sanction the turbulences that the bank encountered since the beginning of the sub-prime crisis.
Rupert Murdoch and Tom Glocer support Microsoft-Yahoo merger
2008-06-03 21:39:54
Two media titans, Rupert Murdoch News Corp's CEO and Tom Glocer, the head of Thompson Reuters, said they support a partnership between computer giant Microsoft and Internet giant Yahoo!, after a deal between the two companies fell through in April.
Jeffrey Immelt's GE Energy signs $500 million turbine contracts with Saudi Electricity Co
2008-05-31 15:14:20
GE Energy, a division of General Electric Co., has signed, with Saudi Electricity Company, contracts worth over $500 million...
Exxon Chief Keeps Both Roles
2008-05-30 16:28:47
Exxon Mobil C.E.O. and Chairman Rex W. Tillerson defeated an attempt to displace him from one of his jobs during an annual shareholders meeting.
Sears Posts Dismal Earnings
2008-05-30 16:27:54
Saying customers were forced to spend more of their money on the soaring cost of gas and food, Sears Holdings Chairman Eddie Lampert announced a quarterly loss of $56 million.
Honda Announces New Hybrid Schedule
2008-05-29 21:54:21
Honda plans a gas-electric version of its popular subcompact model, Fit, with rollout projected for early next decade..
Microsoft Demos Windows 7
2008-05-29 21:53:17
Microsoft chief executive Steve Ballmer unveiled a few details of the software giant's upcoming operating system, tentatively titles Windows 7...
Carlos Ghosn: “Renault shall be a long term resident in Formula One”
2008-05-29 11:08:22
Ghosn confirmed a long term participation of the French motor team in the competition, despite a year and a half of mediocre results.
Sarin to Step Down at Vodafone
2008-05-28 02:21:38
Vodafone Group's Arun Sarin will step down as chief executive officer of the world's largest cell phone operator
HSBC Chief: Mortgage Crisis Could Worsen
2008-05-28 02:20:31
HSBC chief executive Michael Geoghegan says the British-based bank might see further losses stemming from the U.S. subprime mortgage debacle, and he suggested banks worldwide hike interest rates to combat inflation.
Red Bull fuels the fire of the Cola War
2008-05-26 18:10:04
Mateschitz's energy drink pioneer company, Red Bull, hopes its new Red Bull Cola, which debuts in Las Vegas in June, will grab a larger share of the mainstream crowd.
Dov Charney Named Retailer of the Year
2008-05-24 03:21:43
American Apparel C.E.O. Dov Charney was named Retailer of the Year at 15th Annual Michael Awards, a fashion industry ceremony held at New York City’s Marriott Marquis Hotel.
Cablevision Acquires Newsday
2008-05-24 03:20:00
Cablevision Systems Corp., led by C.E.O. James Dolan, reached a $650 million deal to buy the Long Island daily Newsday from Tribune Co.
Big Bosses Take Moderate Pay Hit
2008-05-21 09:29:05
The median C.E.O. pay increased just 1.3 percent from 2006 to 2007, according to a recent study by the executive compensation research firm Equilar...
Carlos Ghosn and Renault-Nissan to go electric
2008-05-16 19:23:56
Carlos Ghosn and Renault-Nissan to launch an electric car in the U.S. in 2010
Cleanup at Citigroup
2008-05-16 09:27:45
Within the next three years, Pandit announced, Citigroup will shed $400 billion in assets, all in an effort to streamline the bank and appeased worried shareholders.
CBS’s Big Bet
2008-05-16 09:26:50
C.E.O. Les Moonves announced CBS Corp. is buying CNet Networks Inc., the online news provider for $1.8 billion.
Ghosn's Renault-Nissan Alliance and Bajaj to give Tata's Nano a race
2008-05-15 22:56:24
Ghosn and Renault-Nissan Alliance have announced on May 13, the launching of the manufacturing of their own ultra-budget car