January 30, 2012
A federal judge will question Google, Apple and five other tech companies on accusations they violated antitrust laws by conspiring to not hire each other's employees.
January 30, 2012
United Parcel Service will change the way it recognizes pension and post-retirement benefit expenses, to book gains and losses in the years in which they occur.
January 30, 2012
Swiss power and technology group ABB will purchase electrical equipment producer Thomas & Betts for $3.9 billion.
January 30, 2012
Martin Blessing, the chief of Commerzbank, said on Monday that he thought he had acted "honorably" when the bank decided not to pay bonuses to 104 investment bankers.
January 30, 2012
Bank of America Corp. shook up its investment-banking leadership Sunday, naming Christian Meissner as the sole head of that business, said people familiar with the situation.
January 30, 2012
Royal Bank of Scotland said its chief executive will waive his bonus for 2011, after a particularly fierce public and political outcry over the size and timing of the award.
January 30, 2012
The Royal Bank of Scotland’s chief executive, Stephen Hester, will not accept a £1 million ($1.5 million) bonus that drew criticism from the British public and politicians.
January 30, 2012
As companies struggle through bankruptcy court, many still pay significant bonuses to top executives – despite a federal rule designed to curb such pay.
January 29, 2012
RIM's newly appointed CEO said he has embarked on a wide-ranging turnaround of the BlackBerry maker's operations that involves putting founder Mike Lazaridis in a more "visionary" role.
January 28, 2012
Procter & Gamble posted a sharply lower profit for its fiscal second-quarter reflecting higher commodity costs and a hefty write-down for past acquisitions, including its $57 billion megadeal for Gillette.
January 28, 2012
News Corp. is in serious talks to hire former Bloomberg chief executive Lex Fenwick to be the new chief of Wall Street Journal publisher Dow Jones.
January 28, 2012
News Corp. is in serious talks to hire former Bloomberg chief executive Lex Fenwick to be the new chief of Wall Street Journal publisher Dow Jones.
January 27, 2012
FOR IMMEDIATE RELEASE
2012-20
Washington, D.C., Jan. 27, 2012 — The Securities and Exchange Commission announced today that Noelle Maloney will serve as interim Inspector General for the agency following the departure of Inspector General H. Dav...
January 27, 2012
FOR IMMEDIATE RELEASE
2012-20
Washington, D.C., Jan. 27, 2012 — The Securities and Exchange Commission announced today that Noelle Maloney will serve as interim Inspector General for the agency following the departure of Inspector General H. Dav...
January 27, 2012
Fortress Investment Group has announced the resignation of CEO and Director Daniel Mudd following a regulator suit alleging civil securities fraud.
January 27, 2012
Britain's Financial Services Authority has unveiled a stricter set of reverse takeover rules.
January 27, 2012
Illumina has adopted a shareholder rights plan with a 15 percent trigger to ward off a hostile takeover attempt from Roche Holding, who recently submitted a $5.7 billion bid to shareholders.
January 27, 2012
Merrill Lynch recently agreed to pay regulators $1 million to settle accusations it thwarted bonus clawback rules during the height of the financial crisis.
January 27, 2012
AT&T CEO Randall Stephenson is complaining that inconsistent government regulation is a major cause of his company's $6.7 billion fourth-quarter loss.
January 27, 2012
A new report from acting Inspector General Christy Romero finds that companies who recieved bailout funds still owe taxpayers nearly $133 billion.