The roughly $4 billion stake was reported in Berkshire's 13-F filing, which documents the company's holdings as of end of September...
Denholm has been on the board at Tesla since 2014, which many said is the only real downside to the appointment...
Following a massive worldwide employee walkout, Google CEO Sundar Pichai announced changes to how the company deals with sexual harassment...
CDK Global on Wednesday named Brian Krzanich as its new chief executive officer and president, more than four months after he resigned from the top job at Intel...
Activist investor Third Point sued Campbell Soup, alleging the soup and snack maker's board misled investors about the competence of its directors and the way it carried out a recently completed strategic review...
Trian Partners chief investment officer Ed Garden said that PPG Industries needs to replace the "struggling" management at the company...
Aluminum products maker Arconic's board of directors is mulling an $11 billion acquisition offer it received last Friday from buyout firm Apollo Global Management...
The so-called wolf pack provision is tucked inside a "poison pill" the board adopted in July to restrict Schnatter, who already owns about 30 percent of the company, from acquiring more equity in the company...
Richard Parsons, who said he had complications from a form of cancer, will be replaced by Strauss Zelnick, who founded the media-focused private equity firm Zelnick Media Capital, according to the statement...
Microsoft is now tying Satya Nadella's pay to LinkedIn's performance Microsoft paid $27 billion for LinkedIn in 2016 and is now tying its performance to executive pay. Almost one-third of Nadella's latest annual pay came from performance stock awards. LinkedIn will be one of six areas tracked, alongside metrics like the number of Windows 10 monthly active devices...
Billionaire activist investor Carl Icahn said Monday that Michael Dell and the private equity firm Silver Lake are "manipulating" and "coercing" shareholders of the tracking stock of VMware into accepting their buyout offer. By using "scare tactics," Icahn claimed, Dell and Silver Lake are "literally stealing" $11 billion from shareholders in a plan to take Dell public again. Icahn contends Dell and Silver Lake are significantly undervaluing VMware, a software company, in order to make money...
J.P. Morgan Chase CEO Jamie Dimon, BlackRock CEO Larry Fink, and Blackstone CEO Stephen Schwarzman will not be attending an investment conference in Saudi Arabia later this month, CNBC has learned...
Outgoing Twenty-First Century Fox Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla chairman, the Financial Times reported on Wednesday, but Musk in a tweeted reply to the newspaper said, "This is incorrect."...
Activist hedge fund manager Daniel Loeb sent a letter to the board of Campbell Soup that strongly suggests the company wait until a new board of directors is in place before selecting a new chief executive officer. Campbell shareholders will elect the board at a Nov. 29 annual meeting and Loeb wants to throw all the current directors out...
Sears Holdings has added restructuring expert Alan Carr to its board as the retailer approaches a key debt payment it has already warned it may not meet.
Carr is CEO of restructuring advisory firm Drivetrain. In his former role as attorney at law firm Skadden, Arps, Slate, Meagher & Flom, he served as director of reorganized businesses, the Sears release announcing Carr's appointment said...
Musk's recent tweet mocking the SEC is a sign Tesla's board may have a hard time finding a way to monitor his communications, which is a key term of the deal Musk is trying to make with the SEC...
Activist investor Daniel Loeb's hedge fund Third Point has demanded access to a trove of records from Campbell Soup...
Oct 3 (Reuters) - Dell Technologies Inc confirmed on Wednesday it had met with some investment banks to explore an initial public offering if its plan to buy the tracking stock of VMware Inc falls through. Dell, which owns 80 percent of VMware, said in July it would buy the tracking stock in a $21.7 billion cash-and-stock deal, to return to the public market...
Jill Soltau, the former CEO of Joann Stores, will take the helm of the department store chain, effective Oct. 15, JC Penney said on Tuesday...
On Monday, John Schnatter, the former CEO and chairman of Papa John's, appeared in a Delaware courtroom, seeking documents and reiterating claims he'd previously made about the company's executive team's handling of his ouster in July...
Analysts across the Street issued their own assessments of GE's chief executive shuffle Monday morning...
General Electric's board of directors removed John Flannery as CEO due to frustration the pace of his turnaround plan for the embattled industrial conglomerate, sources familiar with the situation told CNBC...
Wells Fargo, the third biggest U.S. bank, has yet to shake a scandal that emerged two years ago when the bank announced it was firing employees for creating fake accounts under a high-pressure sales culture...
The decision by the Salesforce chief executive Marc Benioff to buy Time magazine raises the question of the duty that executives have to the companies that made them rich...