Friday February 10, 2012
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Boardroom News
Geithner would step down if Obama wins
January 26, 2012

Treasury Secretary Timothy Geithner said in an interview he is confident President Barack Obama will be elected to a second term, however he would not serve in his administration.

Shareholders to sue Japanese plant operator
January 26, 2012

Shareholders plan to launch a derivative suit against the directors of plant operator Tokyo Electric Power if they are unsatisfied with a report on why the company didn't sue its directors itself.

Roche makes hostile $5.7 billion Illumina bid to add diagnostics
January 26, 2012

Cancer drug maker Roche Holding AG offered $5.7 billion in a hostile bid for Illumina, but may have to raise the bid after the target company's shares rose above bid price.

US Airways confirms it has hired M&A advisors for possible AMR takeover
January 26, 2012

US Airways has retained Barclays Capital and Millstein & Co. to explore a takeover of American Airlines' bankrupt holding company AMR.

Obama plans to propose corporate tax system overhaul next month
January 26, 2012

President Obama will propose a corporate tax system overhaul in February, though details of the plan remain a secret.

Historian: Romney’s Tax Returns Show Wealth Should Be Taxed Like Work
January 26, 2012

If you’re interested in tax policy, it pays to follow the work of Joseph J. Thorndike, director of the Tax History Project at Tax Analysts, a contributing editor for Tax Notes magazine, and a Visiting Scholar in History at the University of Virginia....

Time Warner Cable’s net jumps 44 percent
January 26, 2012

Time Warner Cable's earnings rose 44% on higher revenue from residential high-speed data and voice services as the cable provider raised its quarterly dividend by 17% and unveiled a $4 billion stock buyback program.

Gingrich Used Payroll Tax Ploy Often Attacked By IRS
January 26, 2012

Like John Edwards before him, Gingrich ducked Medicare taxes by treating most of his income as S corp. profits, not compensation.

Social media’s role in politics
January 25, 2012

You’ve read how Facebook and Twitter fueled the Arab Spring uprising. You are watching the videos coming out of Syria on Facebook. But most likely you have not witnessed the power of social media impacting politics in near real time right here at hom...

CEO trust plummets, beats government trust
January 25, 2012

Less than half of respondents to a new Edelman survey said they trusted government leaders to do what is right.

Companies prodded to separate roles of chairman and CEO
January 25, 2012

A number of governance groups are calling for the separation of the chairman and CEO roles.

Magna revamps its corporate governance
January 25, 2012

Magna International is changing its long-criticized governance policies to encourage director education and independence.

Employee-to-CEO pay ratio disclosure takes more heat
January 25, 2012

Companies are gearing up to battle a pending Dodd-Frank rule requiring companies to disclose the ratio of median employee pay to CEO pay.

U.K. shareholders should get vote on pay
January 25, 2012

U.K. Business Secretary Vince Cable told parliament that shareholders need to be allowed a binding vote on executive pay at large British companies.

Average tech salary passes $100,000
January 25, 2012

Average Silicon Valley annual salaries passed the $100,000 mark for the first time last year, according to a new Dice Holdings survey.

Supreme Court lets worker protections stand
January 25, 2012

The U.S. Supreme Court has rejected an appeal by supermarket owners challenging California cities' authority to protect workers from being fired when the company changes owners.

Japan tax changes take a bite out of earnings
January 25, 2012

Japan's plan to decrease its effective corporate tax rate to 25.5 percent has caused some U.S. companies to write down their deferred tax assets.

President outlines economic programs
January 25, 2012

President Obama outlined plans for steep tax increases on the wealthy and keeping jobs within the country at last night's State of the Union address.

Amid attacks on private equity, efforts to study its value
January 25, 2012

Evidence of the private equity industry's ability to create value is surprisingly uncertain, the Deal Professor says, but some university researchers found that acquisitions did benefit some companies.

Without Hormuz blockade, Iran has options
January 25, 2012

Reuters - Under pressure over its nuclear ambitions, Iran might never act on its threat to close the Strait of Hormuz but could retain enough tricks in its playbook to keep its enemies, shippers and global markets on edge.