White House Budget Director Jack Lew referred to closing corporate tax loopholes and lowering the tax rate “critical to our economic future and to our competitiveness.”

An economic development package that includes phased-in business tax cuts has been approved by the Arizona Legislature.

As secretary, Diane Brayton will provide support to the board on corporate governance and regulatory requirements.

In an interview with The Wall Street Journal, Leo Apotheker discusses his vision for Hewlett-Packard, why it was important to overhaul the board, and his first impressions of living in California.

J.P. Morgan Chase Chief Executive James Dimon received a 2010 stock bonus valued at $17 million, the biggest bonus for a big-name Wall Streeter so far this year.

Only a year ago, members of the Senate banking committee were in the midst of hashing out a far-reaching bill to overhaul the nation’s financial regulation. Chairman Christopher J. Dodd (D-Conn.) spoke often and with urgency to his divided committee about the need to move quickly in the wake of t…

Gucci Group Chief Executive Robert Polet and Yves St. Laurent Chief Executive Valerie Hermann are leaving their posts as the company reported a 25% increase in net profit in 2010.

Time Warner forced out Jack Griffin, the CEO of Time Inc., after just six months on the job, saying his management style didn’t mesh with the media conglomerate.

Reuters – Bankrupt bond insurer Ambac Financial Group Inc has filed new legal claims stemming from its insurance of Bear Stearns mortgage-backed securities, after another court dismissed the case.

A study by Deloitte found that only 37 percent of financial institutions surveyed had substantially incorporated risk-management issues into their compensation decisions.

“When you are looking for victims and villains, rather than essential causes, you can examine the same set of facts and arrive at diametrically different conclusions.” –  Financial Crisis Inquiry Commission Vice Chairman Bill Thomas, on the commission’s findings.

The contingent-value right (CVR) used in the Sanofi-Genzyme deal allows for shareholders to receive payments after specific milestones have been reached.

Vermont may ask for a Constitutional amendment clarifying that corporations cannot be considered people.

The Progressives United PAC aims to reverse the Citizens United decision.

Many major companies are calling on the SEC to require employees use a company’s compliance program structure initially to be able to be eligible for a whistleblower reward.

Borders plans to close about 30 percent of their stores over the next few weeks following filing for Chapter 11 protection.

Some companies have begun putting the job of auditor out for competitive bids in an effort to save money.

A Senate proposal suggests that deficit reduction should be accomplished through discretionary spending cuts, a tax code overhaul, Social Security changes, and changes to Medicare and Medicaid, among others.

Lazard International chief executive Naguib Kheraj resigned Thursday after just two months in the job to focus on his philanthropic work with the Aga Khan Development Network.

Republicans called the report on the 2008 financial collapse a political exercise whose findings were inevitable, while Democrats defended the conclusion that the crisis could have been avoided.