Wachovia ousted its chief executive, following growing legal troubles and loanlosses tied to the purchase of a big mortgage lender just before the housing market imploded.
Here are some of the video clips I've done today on ASCO (American Society of Clinical Oncology) conference in Chicago. It's the world's biggest cancer conference and Wall Street's most keenly-watched medical meeting.
Washington Mutual, the giant bank and home lender slammed by the mortgage slump, said on Monday it would strip Chief Executive Kerry Killinger of his title of chairman starting next month.
The housing crisis and soaring energy prices are a concern for the hotel and restaurant industries, and CEOs are already feeling the effects.
Following my blog earlier this week asking you to tell me who is to blame for GM's problems, I received the following e-mail from the automaker. Give it a read and let me know what you think.
For the last 10 years, Jean-Claude Trichet and his predecessor Wim Duisenberg (the parents) have told the majority of European member states (the teenagers) exactly what they didn’t want to hear.
Former EADS co-chief executive Noel Forgeard has been placed under formal investigation on suspicion of insider trading while at Europe's largest aerospace group, his lawyer said on Friday.
United Airlines and US Airways have ended their merger talks and both companies say they won't pursue any deals at this time.
Dell shares were trading higher before the market's open on strong earnings and an upgrade to buy from Merrill Lynch.
Dow Chemical Chief Executive Andrew Liveris said Friday the company seems to have hit a "raw nerve" with the price increase it announced earlier this week.
United Airlines and US Airways have suspended merger talks due to concerns about labor opposition and integration costs, while United draws closer to an alliance with Continental Airlines, a source close to the talks said late on Thursday.
High prices in the commodities markets have more to do with supply and demand than trader speculation, says Michael Sutherlin.
Tomorrow Patricia Russo goes before shareholders in Paris for Alcatel-Lucent's annual general meeting amid reports that her golden parachute of €6 million will be tied to performance.
Bear Stearns Chairman James Cayne told employees and shareholders he was "personally sorry" for the demise of the investment bank.
James Rogers sees a tough summer ahead for the American consumer. The chairman, president and CEO of Duke Energy says the spike in energy prices has already brought about profound changes in consumers' lives.
Actually, it has more than that. But with wind power, railcars and barges, the company's doing quite well.
The chief executives of United Airlines and US Airways plan to meet on Thursday to discuss progress in merger talks and address key issues like labor, funding and capacity, a source familiar with the matter said Wednesday.
Yahoo Chief Executive Jerry Yang said on Wednesday that a potential deal with Microsoft has tremendous power, but that the software giant appears no longer interested in a full merger.
Alan "Ace" Greenberg, the former chief executive of Bear Stearns has sold his last remaining shares of the investment bank, according to a Securities and Exchange Commission filing on Wednesday.
In late March, Man Group predicted funds under management should exceed $75 billion with profits up 52 percent to top $1.8 billion. It will be interesting to see how CEO Peter Clarke views the prospects for the rest of the year when the numbers hit the tape at 8:00 CET.