The parent company of troubled planemaker Airbus abandoned its twin-chief executive structure held jointly by Germany and France, with France's Louis Gallois taking control, the company said Monday.
Boone Pickens, Texas oilman and chief executive of BP Capital, told CNBC’s “Squawk Box” that he expects oil to hit $80 a barrel before he turns 80 next May.
The former chairman of defense contractor Engineered Support Systems and his son were charged with stock options fraud on Thursday in a widening U.S. securities investigation.
At this point, most every business observer seems familiar with the anonymous Web antics of Whole Foods Market CEO John Mackey. While corporate-law experts debate the legality of his acts, investors are asking what it all means for the company's value. Andrew Wilkinson, senior market analyst at Interactive Brokers, joined "Power Lunch" to offer the options market's view of Whole Foods.
Jones Apparel Group said that Chief Executive Peter Boneparth had resigned, and that Wesley Card, the company's chief financial officer and chief operating officer, would replace him immediately.
The chief executive of Whole Foods Market posted messages on a Yahoo! chat forum under an alias for years, talking up his own company while predicting a bleak future for Wild Oats Markets, the rival it has since sought to acquire.
Rio Tinto's new chief executive, Tom Albanese, is a dealmaker by reputation and has wasted little time showing why since he took over on May 1.
Motorola reduced quarterly guidance on Wednesday evening, buttressing activist investors' recent demands for a management shakeup.
Bob Dickinson, president and CEO of Carnival Cruise Lines, has told Carnival Corp. that he will retire at the end of the year: Gerry Cahill, CFO of Carnival, will assume Dickinson's responsibilities as president and CEO effective immediately.
UBS quickly drew a veil over the real reasons for the sudden resignation of Chief Executive Peter Wuffli, but traders said it may be linked to the embarrassing closure of a hedge fund earlier this year.
It has been almost a year since this Mad Money institution first aired, and now it's time to shake things up. Say hello to three new members.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.
Here it is, Jim's list of the worst CEOs in the biz. It takes years of hard work and peerless incompetence to make the cut. Well done, people.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.
Video rental chain Blockbuster named Monday James Keyes as its new chairman and chief executive to replace current CEO John Antioco , who agreed to leave after a dispute over his pay package.
The first half of the year saw its share of record highs for both the Dow and S&P 500 but also the return of market volatility, with a February mini-correction that surprised many, anxiety over subprime lending and interest rates and a healthy dose of M&A.
Liz Claiborne President Trudy Sullivan is leaving the company to become the chief executive of Talbots, the apparel companies said on Friday.
JetBlue Airways appointed director Joel Peterson to the newly-created post of vice chairman.
Commerce Bancorp, under fire for its business dealings with insiders, on on Friday said that Chairman and Chief Executive Officer Vernon Hill is leaving the company, and that it has settled two federal regulatory probes.
I’ve detailed in this space how Monday morning is often replete with news of multibillion-dollar takeover deals. This makes perfect sense, because the weekend provides a quiet few days to hammer out details behind closed doors. But we’ve had to put the alliterative “Merger Monday” moniker on hold, while deals moved to other days of the week: I’m not sure there have been too many Wednesdays with as many deals as we saw today...
Wells Fargo, the fifth-largest U.S. bank, on Wednesday named John Stumpf chief executive, replacing Richard Kovacevich, who will remain chairman.
Blackstone Group had a stellar debut on the New York Stock Exchange Friday. The successful offering marks the biggest U.S. IPO in five years, and could open the floodgates for other alternative investment funds to go public. But the private-equity boom is coming under growing fire in Washington, with Congress moving to increase taxes on hedge funds and private-equity firms.