Jose Munoz, who until recently was thought to be in the running for Nissan CEO, resigned Friday after the company put him on leave from his regular job as chief performance officer and assigned him to work on an internal investigation...
(Reuters) - With securities regulators largely sidelined during the partial U.S. government shutdown, corporate executives may have to decide on their own what shareholder resolutions should go to a vote this spring. Many corporate boards will meet starting next month to choose which proposals to list on their proxy statements for annual shareholder meetings. If the shutdown drags on, they would have to go without guidance from the U.S. Securities and Exchange Commission...
Alphabet's board of directors is being sued by attorneys in California on behalf of a shareholder in a suit that asserts claims for breach of fiduciary duty, abuse of control, unjust enrichment, and waste of corporate assets...
The casino operator's gaming license is under review amid allegations against its founder Steve Wynn. That is being delayed by a lawsuit the former CEO filed against the company...
The role is increasingly important at Netflix. The company is burning cash at faster and faster rates as it ups investment in original movies and TV shows...
Jim Cramer speaks with Boeing Chief Financial Officer Greg Smith about the company's recently approved share buyback program...
Former CBS CEO Les Moonves will not receive severance pay following a sexual misconduct probe, the company's board of directors announced Monday evening.
"With regard to Mr. Moonves, we have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of Company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the Company's investigation," the board said in a statement...
Johnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days following a scathing news report Friday claiming J&J knew its talc baby powders contained asbestos...
General Electric shares fell as low as $6.66 share in trading Tuesday, a level which marked the lowest close for the stock during the financial crisis a decade ago...
Saying it's lost patience with missteps and earnings shortfalls, a large shareholder at Yelp is seeking a board reshuffle at the online review site...
General Electric made its sharp dividend cut official on Friday, announcing a quarterly dividend of a penny per share...
Keith Meister, founder of Corvex Management, advises stock investors in these tumultuous times to "do what you do really well." "Everyone has different skill sets," said Meister, formerly CEO of billionaire Carl Icahn 's investment firm. "There's people who are going to make a lot of money trading the market [short term]. There's people who are going to make a lot of money having duration" — investing for the long term...
USA Gymnastics filed for reorganization under Chapter 11 of the Bankruptcy Code, which will allow it to continue operating while also resolving the sexual abuse claims made by several athletes against former USA Gymnastics national team doctor Larry Nassar...
Despite Facebook's weakening stock price and scandals, the company's board has almost no power when it comes to removing CEO Mark Zuckerberg from his dual role as chairman, according to multiple corporate governance experts...
Ousted Nissan chairman Carlos Ghosn amassed more than $80 million in IOUs without any plan for how the compensation would be paid, in violation of Japanese law, according to a Wall Street Journal report...
"I would back and invest again and again in Mark Zuckerberg," says Jim Breyer, an early investor and former board member...
The Renault chief executive is currently being held in a Tokyo detention center...
Campbell Soup has pushed back against two of Third Point's nominees, former Campbell executive Bill Toler and Third Point executive Munib Islam. Third Point has nominated five executives for Campbell's board...
Here is the full statement from Nissan regarding allegations against Chairman Carlos Ghosn and Representative Director Greg Kelly...
Nissan said its Chairman Carlos Ghosn is under investigation after he allegedly violated Japanese financial law...
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...