Business Newsroom

Deutsche Bank AG announced that compensation for chief executive officer Josef Ackermann’s fell 90 percent during 2008.

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 Corp. announced plans to freeze employee pay, including the salary of chief executive officer Paul Otellini.

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 Corp., the wireless broadband service provider, names William Morrow to replace Benjamin Wolff as CEO.

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. bank CEOs will appear before the House Financial Services Committee Wednesday to defend their use of $176 billion in bank bailout money.

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 chief executive Meg Whitman joined the race for governor of California Monday, announcing the creation of an exploratory committee to seek the Republican nomination.

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.