Business Newsroom

Clearwire Taps Morrow as CEO

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

Intel CEO Offers Support for Economic Stimulus

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

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

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

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”

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

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

New Yahoo CEO Carol Bartz stands to earn $19 million in stock and cash during her first year at the search engine giant.

Copter crash kills Saba Masri, a prominent Mexican Telecom & Construction Billionaire

On Sunday, a copter crash killed five people, including high-end Mexican billionaire businessman Moises Saba Masri, declared the state-run Notimex news agency.

CEO Compensation Up in 2007

The median pay raise for the nations top CEOs rose 7.5 percent in 2007, representing the lowest rate of increase in six years

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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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