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 Carol Bartz stands to earn $19 million in stock and cash during her first year at the search engine giant.
On Sunday, a copter crash killed five people, including high-end Mexican billionaire businessman Moises Saba Masri, declared the state-run Notimex news agency.
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 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.
The chief executives of Merrill Lynch and Morgan Stanley, along with top company officials, will not receive pay bonuses for 2008.
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 Enterprises CEO Christie Hefner will step down next year after two decades at the helm of the magazine company her father founded.
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.
Former WorldCom chief executive Barnard Ebbers has submitted a request to have his 25-year sentence commuted
Welcome to CEO Watch, where we take stock of the business world's major players, while providing weekly news roundups from the world of Wall Street. Here we profile the CEOs and their firms – those reinventing their companies amid bleak economic times and those unlikely to recover from historic losses. We tally Corporate America's wins and losses while providing insight into the capitalism's insiders. We mean business.
