Business Newsroom

“Big Three” CEOs Go to Washington, Again

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

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

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

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

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

Troubled insurance giant American International Group will freeze compensation payments to former CEO Martin Sullivan.

Top CEOs of French bank Caisse d'Epargne resign

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

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

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

Software Giant is to open three Internet search technology centers, in Paris, London and Munich.

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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.

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