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...
The U.S. Department of Justice has cleared Cigna 's $52 billion acquisition of Express Scripts , the companies announced in a statement Monday. In combining Cigna, a health insurer, and Express Scripts, a pharmacy benefit manager, the firms say they can improve care for patients and lower health-care costs. Their rivals are growing and pursuing deals of their own as the industry faces increasing costs and growing political pressure and braces for Amazon's entry...
Campbell Soup and hedge fund Third Point on Friday filed preliminary proxy materials urging the food company's shareholders to vote in favor of two entirely different slates of board nominees...
Former U.S. Treasury Secretary Jack Lew announced Thursday he will chair the advisory board of Silicon Valley tech company Blend, which powers online mortgage applications...
Hal Scott, director of the program on International Financial Systems at Harvard Law School, and Sebastian Mallaby, the Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations, discuss what triggered the financial crisis in 2008 and if we are safe from another...
Activist investor Elliott has argued that Walt Disney should have to pay at least $19.53 a share to acquire British broadcaster Sky...
Analysts says Tesla CEO Elon Musk's plan to take the carmaker private "was not fully thought out."...
Some members of the board have grown alarmed by what they see as Mr. Musk’s erratic behavior, the New York Times reports...
NEW YORK, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Amalgamated Bank announced today the appointment of Maryann Bruce and Patricia Diaz Dennis to its Board of Directors. This follows the Bank’s recent closing of its initial public offering, which took place on August 13, 2018. Ms. Diaz Dennis brings decades of corporate experience to Amalgamated’s Board of Directors. Ms. Diaz Dennis joined SBC Communications in 1995 as a Senior Vice President and Assistant General Counsel...
Musk publicly floated the possibility of a buyout last week, and the company has been offering updates and added context in the days since...
MOORESTOWN, N.J.--(BUSINESS WIRE)-- Destination Maternity Corporation (NASDAQ: DEST) (the “Company”) today announced that it has appointed Andrea J. Funk to the Board of Directors (the “Board”), effective immediately. Ms. Funk brings over 20 years of public and private company leadership experience, with a focus on financial expertise, strategic operations, corporate governance and manufacturing...
Elliott, the firm founded and led by billionaire Paul Singer, says it has economic exposure to about 8.4 percent of Nielsen's shares and indicates it intends to push for a sale...
Microsoft's chief made a big stock sale on Friday as the company's shares neared an all-time high...
(GLOBE NEWSWIRE) -- Vecima Networks Inc. (“Vecima” or “the Company”) (TSX:VCM) is pleased to announce that it has appointed Mr. Derek J. Elder as a new director to the Company’s board effective today. Derek’s 25-year career has encompassed a unique blend of operational, strategic and financial leadership roles in both large and small companies...
The board plans to meet with advisors next week about taking Tesla private, and has told Musk that he needs his own separate set of advisers...
Die-hard fans may love Elon Musk's freewheeling ways, but when it comes to running a public company, his behavior just isn't appropriate, corporate governance expert Betsy Atkins told CNBC on Wednesday...
(GLOBE NEWSWIRE) -- Delta Apparel, Inc. (NYSE American: DLA), a leading provider of basic and branded apparel, headwear and related accessories, announces the appointment of Anita D. Britt to its Board of Directors. Ms. Britt brings to the Delta Apparel Board of Directors approximately 24 years of financial and related operational experience in the apparel and consumer products industries...
If it was joke by Musk, the investing public appeared to believe what the tweet said. And if the content of the tweet weren't true, lawyers said, it could set up Musk and the company for regulatory action and private lawsuits...
/PRNewswire/ -- New American Funding, a leader in the mortgage industry, announced today that its Co-Founder and President, Patty Arvielo , has been named to the Board of Directors of the National Park Foundation. Arvielo was appointed to a 6-year term as one of its new board members. The appointment comes from the Secretary of the U.S. Department of the Interior, Ryan Zinke...
PepsiCo on Monday announced CEO Indra Nooyi will step down after 12 years at the food and beverage giant...
UBS Asset Management's head of investments Suni Harford said she's changed her mind on environmental, social and governance (ESG) governance when it comes to managing money...
As the fate of CBS CEO Les Moonves remains uncertain, media analyst Porter Bibb says he's "history."..
PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced the results of the elections conducted at its Annual General Meeting of Shareholders held earlier today...