Rite Aid shareholders have approved the company's reverse stock split, the company announced Thursday, a move aimed at keeping the drugstore chain's shares trading on New York Stock Exchange...
Jim Cramer explains why a federal judge must remove Musk as CEO, install a watch on the board, or charge the Tesla co-founder for violating a court-approved order...
Marriott International said on Friday it was evaluating activist investor Jonathan Litt's nomination for a seat on the hotel chain's board. Litt is the founder of hedge fund Land & Buildings Investment Management, which owned a 0.03 percent stake in Marriott as of Dec. 31...
Waters, who grilled Sloan during a four-hour hearing into Wells Fargo's consumer abuse issues on Tuesday, has called for his removal before...
Japan's Nissan Motor and France's Renault retooled the board structure of the world's largest car-making alliance...
CEOs of Equifax and Marriott testified Thursday in a Senate hearing on private-sector data breaches...
The company said in an open letter to shareholders, its board of directors are "confident" the drugmakers acquisition of Celgene is the best path forward...
The White House on Wednesday is hosting major chief executives who joined a Trump administration advisory board on workforce issues...
IBM appointed Admiral Michelle J. Howard, the first African American woman to command a U.S. Navy ship, to its board, the company announced Tuesday...
Boeing announced Tuesday the nomination of former U.S. Ambassador to the United Nations Nikki Haley for election to the company's board of directors...
Amazon named former Pepsi CEO Indra Nooyi to its board of directors and its audit committee...
Poshmark CEO Manish Chandra says Williams will help the retailer through its next phase of growth...
If Congress limits the ability of companies to buy back shares, it would backfire and likely result in more companies taking themselves private through leveraged buyouts, a Wall Street research firm said. "Going private is essentially a 100 percent buyback," said Brian Reynolds, asset class strategist at Canaccord Genuity. He adds that CEOs are motivated to increase their companies' stock price...
Bank of America CEO Brian Moynihan got a 15 percent raise, the biggest increase among bank chiefs to disclose pay so far, after the lender reported record earnings last year.
Moynihan's compensation rose to $26.5 million from $23 million in 2017, according to a regulatory filing Friday. That includes a $1.5 million salary and $25 million in stock units, some of which are performance-based...
Unsecured creditors are objecting to Lampert's $5.2 billion deal to buy Sears out of bankruptcy, the only deal that would stave off liquidation...
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...
