Business Practices

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  • Facebook denies reports it censores conservative news

    Gizmodo claims the tech company's human content curators censor stories on the platform's trending section.

  • Baidu CEO stresses the company's core values

    Robin Li reminds employees to put values before profits following the cancer scandal.

  • Lending Club shares slide after CEO resigns

    The company says its co-founder, chairman and CEO Renaud Laplanche stepped down.

  • May 9- Lending Club Corp, operator of the world's biggest online lending platform, said on Monday that Chief Executive and Chairman Renaud Laplanche had resigned following a review that revealed a violation of the company's business practices. Lending Club's shares fell about 27 percent to $5.17 in premarket trading and were set to open at their lowest since...

  • May 9- Online lending platform operator Lending Club Corp said its Chief Executive and Chairman Renaud Laplanche has resigned following an internal review, which revealed a violation of the company's business practices. Scott Sanborn, the company's president, will become acting CEO, while director Hans Morris will assume the newly created role of executive...

  • *Estimates $200 mln payment to settle probe. May 5- Herbalife Ltd said it was in advanced talks with the U.S. Federal Trade Commission to resolve a probe into its business practices and the health supplements maker reported its first sales rise in six quarters. Herbalife has been under heavy scrutiny for its business practices, with billionaire activist...

  • Our priority is paying off debt: BT CEO

    Gavin Patterson, CEO of BT, discusses the company's business priorities and says the dividend will increase by 10 percent in the next two years.

  • SAN FRANCISCO, April 21- In late 2014, Uber and Lyft targeted Portland, Oregon, as the next place to launch their still-controversial ride-hailing services. "We were trying to figure out a way to reward Lyft for having better business practices and not violating our laws," said Josh Alpert, mayor Charlie Hales' chief of staff, who described the interactions with both...

  • The humane economy

    Wayne Pacelle, The Humane Society CEO, discusses how businesses are looking to build a more humane economy and adjusting their practices in the name of animal protection.

  • Pitbull's business playbook

    Musician & producer Pitbull joins CNBC's Melissa Lee to discuss his state of mind as an entrepreneur and insight to his business strategies.

  • China to survey 'left-behind' children

    The Chinese government will conduct a survey of the number of children left in rural villages while their parents leave to work in cities.

  • March 9- Valeant Pharmaceuticals International Inc, under scrutiny for its accounting and business practices, said it had given shareholder Pershing Square Capital Management a seat on its board and added two additional directors. Stephen Fraidin, a veteran Wall Street lawyer who is vice chairman at William Ackman's Pershing Square, has joined the board,...

  • NEW YORK, March 7- A timeshare unit of Hilton Worldwide Holdings Inc agreed to pay $250,500 and improve its business practices to settle charges it made hundreds of unsolicited telemarketing sales calls to New Yorkers who had signed up for the National Do Not Call Registry. Governor Andrew Cuomo, who announced the settlement on Monday, said Hilton Grand...

  • Feb 27- Warren Buffett on Saturday launched vigorous defenses of a private equity firm and a mobile home unit that critics say employ controversial business practices antithetical to Buffett's own at Berkshire Hathaway Inc. Buffett also devoted more than 1,200 words in his roughly 18,000- word letter to defending Berkshire's Clayton Homes unit, after...

  • WASHINGTON, Feb 25- Herbalife Ltd is in talks with government regulators regarding a probe of the company's business practices and said that the outcome of the talks was uncertain, the company said in a filing on Thursday. The Federal Trade Commission opened a probe of Herbalife following allegations by hedge fund manager William Ackman that it had a...

  • Ex-Deutsche Bank analyst fined, suspended over stock rating

    Former analyst Charles Grom improperly approved a 'buy' recommendation for Big Lots stock in 2012.

  • Zenefits People

    Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices.

  • SAN FRANCISCO, Feb 11- Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices, the agency said Thursday. The announcement of the investigation follows the resignation on Monday of Zenefits Chief Executive Parker Conrad, who was replaced amid allegations from state regulators...

  • SAN FRANCISCO, Feb 11- Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices, the agency said Thursday. The announcement of the investigation follows the resignation on Monday of Zenefits Chief Executive Parker Conrad, who was replaced amid allegations from state regulators...

  • Theranos accused of tampering with data: WSJ

    John Carreyrou, Wall Street Journal, discusses the details behind accusations against Theranos tampering with data.