Leadership Corporate Leaders

  • The British government is open to any measure to save mortgage bank Northern Rock as long as its depositors, the public purse and financial stability are not jeopardized, finance minister Alistair Darling said on Monday.

  • SAP, Europe's leading software company, said it was mulling a sale of its TomorrowNow U.S. unit, which is at the centre of a legal battle with arch-rival Oracle.

  • If the writer's strike has you looking for alternatives to insomnia-fighting late-night TV shows, then Pfizer may have just what the doctor ordered. Tune into the company's web cast for investors and analysts at 11 p.m. Eastern Daylight Savings Time on Thursday, November 29th. If you don't believe me check out the press release on the Pfizer web site. The world's biggest drug company is taking its show on the road to Hong Kong.

  • For a Monday before the Thanksgiving holiday, this is turning into an extremely busy day on the biotech beat. Two of the stories actually broke on Sunday: Celgene buying Pharmion for nearly $3 billion and Genentech announcing a breakthrough in brain cancer. Then, before the opening bell this morning Onyx Pharmaceuticals and Bayer won the expected Food and Drug Administration approval of their drug Nexavar for liver cancer.

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    Ailing British bank Northern Rock said Chief Executive Adam Applegarth had quit and it had streamlined its board as two suitors confirmed they had made proposals to buy or revive the bank and repay its loans.

  • A Wells Fargo Bank in Palo Alto, California.

    Wells Fargo believes the nation's housing slump is the worst since the Great Depression and is far from over, Chief Executive John Stumpf said Thursday.

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    Newly appointed NYSE Euronext Chief Executive Duncan Niederauer subtly differentiated himself from predecessor John Thain Thursday, but said he planned no change of strategy or philosophy at the exchange.

  • John Thain

    John Thain told CNBC that he sees his new job as CEO of Merrill Lynch as "an opportunity to make things better" after the financial giant suffered huge subprime-related losses.

  • Citigroup has placed sole responsibility for its fixed-income, commodities and currencies group in the hands of a London-based executive following the restructuring of its capital-markets unit, the Wall Street Journal said Thursday in its online edition.

  • The firm will be better off when the former NYSE CEO takes the reins.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • John Thain

    Merrill Lynch's decision to name John Thain as its new chief executive came after the firm's first choice, BlackRock CEO Larry Fink, demanded that Merrill make a full accounting of its subprime exposure, CNBC has learned.

  • John Thain

    Merrill Lynch plans to announce shortly that NYSE Euronext CEO John Thain will become its new chief executive, according to two reports.

  • Dennis Kozlowski has gone from the pinnacle of corporate power to the prison laundry, where he is washing other inmates' clothes when he's not helping them get their high school diplomas, the disgraced Tyco CEO says in an exclusive interview with CNBC.

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    McDonald's, the world's largest fast-food chain, said on Tuesday it would sell up to 21 percent of its company-owned restaurants to franchisees over the next three years or more.

  • Adobe Systems said on Monday it will replace Chief Executive Bruce Chizen with Chief Operating Officer Shantanu Narayen, a surprising move that sent the software maker's shares down 3 percent.

  • Adobe Systems said on Monday it will replace Chief Executive Bruce Chizen with Chief Operating Officer Shantanu Narayen, a surprising move that sent the software maker's shares down 3 percent.

  • The market is finishing at the lows, three of the last four days. A tough situation, since traders now get unnerved in the last hour, even if the trend is neutral going into the close (as it was today), or even if the trend is up (as it was on Friday, and stocks still fell apart in the last hour).

  • Marc Andreessen

    If you've been following the Writers' Strike gripping Hollywood--and how can you not since it might be the single biggest entertainment business story of the year--or even if you're somebody who just watches TV, sickened that a strike will cut short your favorite shows like "Grey's Anatomy" or "24", you're not alone.

  • Citigroup's former CEO Charles Prince will take home roughly $40 million as he retires from the company.

    Citigroup, the largest bank in the United States, said on Thursday that its former Chairman and Chief Executive, Charles Prince, will take home roughly $40 million as he retires from the company.

  • The surprising Vioxx settlement brought me back to the office today in the middle of my vacation--I could've literally phoned it in as I did on "Squawk Box" this morning, but as long as I was in town, I'm too hard core to stay at home working around the house when a big story like this one breaks on my beat.