Business Newsroom

Carlos Ghosn: “Renault shall be a long term resident in Formula One”

Ghosn confirmed a long term participation of the French motor team in the competition, despite a year and a half of mediocre results.

Honda Announces New Hybrid Schedule

Honda plans a gas-electric version of its popular subcompact model, Fit, with rollout projected for early next decade...

Sarin to Step Down at Vodafone

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

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

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

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

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

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

Carlos Ghosn and Renault-Nissan to launch an electric car in the U.S. in 2010

Cleanup at Citigroup

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. Vikram Pandit has lots of spring cleaning to do.

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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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