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  • April 14- At a meeting with 300 senior Citigroup officials in the first week of February, Chief Executive Michael Corbat said the bank needed to focus on two things above all else this year: expenses and efficiency. The bank's first quarter results on Monday showed just how much work Citigroup executives have ahead of them in those areas.

  • Levi names Wal-Mart exec to head up e-commerce Monday, 14 Apr 2014 | 3:35 PM ET

    SAN FRANCISCO— Levi Strauss& Co. has hired a Wal-Mart executive to head up its e-commerce business. The privately held San Francisco clothing company said Monday that Marc Rosen will join Levi in May as executive vice president and president of global e-commerce. Rosen worked most recently as senior vice president of global e-commerce at Wal-Mart Stores Inc..

  • Orbitz Worldwide names Scott Forbes chairman Monday, 14 Apr 2014 | 9:36 AM ET

    CHICAGO— Orbitz Worldwide Inc. has named Scott Forbes as its non-executive chairman, the online travel company said on Monday. Forbes has been on the board of Orbitz since June 2013 and he's served as chairman of U.K. real estate website Rightmove PLC, since 2005.. In morning trading, Orbitz shares added 13 cents to $7.49.

  • Bullish sign for Twitter: Cramer     Monday, 14 Apr 2014 | 9:16 AM ET

    Twitter top executives say they have no plans to sell any of their Twitter shares. "Mad Money" host Jim Cramer says "this is bullish."

  • CEO pay versus top athletes     Monday, 14 Apr 2014 | 8:56 AM ET

    CNBC's Mary Thompson compares the salaries of the highest paid athletes versus the highest paid CEOs.

  • April 14- Oilfield services and drilling company Nabors Industries Ltd said it would separate the roles of chairman and chief executive after the tenure of CEO Anthony Petrello ends and limit severance payments for executives. Shareholders California State Teachers' Retirement System and Blue Harbour Group welcomed the steps.

  • Citigroup's earnings edge higher in first quarter Monday, 14 Apr 2014 | 8:17 AM ET

    NEW YORK— Citigroup's first-quarter earnings rose, helped by declines in expenses and provisions for bad loans. EARNINGS: Citigroup reported a profit of $4.1 billion in the first quarter, after stripping out the effects of an accounting change and a tax item.

  • NEW YORK, April 14- When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.

  • ZURICH, April 11- The chairman of Nestle, the world's largest food group, will undergo treatment for a curable illness but this will not affect his ability to carry out his job, the company said. The Vevey- based firm said the board of directors had been informed of Brabeck-Letmathe's illness on Thursday.

  • JPMorgan's first-quarter profit falls 20 percent Friday, 11 Apr 2014 | 7:33 AM ET

    NEW YORK— JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending. LOWER REVEUE: Revenue, after stripping out the effect of an accounting charge for credit losses, was $23.8 billion, down 8 percent from $25.8 billion a year earlier.

  • Zynga names Best Buy executive David Lee as CFO Thursday, 10 Apr 2014 | 6:40 PM ET

    SAN FRANCISCO— Zynga Inc., the maker of Farmville and other digital games, said Thursday that it has named a chief financial officer. Zynga did not give a reason Thursday for Vranesh's departure but said he has helped with the search for his replacement since 2013. Vranesh will work with Lee over the next month as part of a transition.

  • SAN FRANCISCO, April 10- Zynga Inc appointed former Best Buy executive David Lee its chief financial officer as Zynga continued reshuffling its ranks to try to return the "Farmville" creator to growth. Zynga has sought to revive its business by overhauling top management, trimming staff and introducing titles that can be played on smartphones and tablets.

  • SAN FRANCISCO, April 10- Zynga Inc has appointed former Best Buy executive David Lee its chief financial officer as Zynga continues reshuffling its ranks to try to return the "Farmville" creator to growth. Zynga has sought to revive its business by overhauling top management, trimming staff and introducing titles that can be played on smartphones and tablets.

  • WASHINGTON, April 10- Public company and bank audits conducted around the globe by units affiliated with the world's six largest accounting firms are persistently riddled with flaws, a group of international regulators have found.

  • Audits around the world are riddled with problems -survey Thursday, 10 Apr 2014 | 10:00 AM ET

    WASHINGTON, April 10- Public company and bank audits conducted around the globe by units affiliated with the world's six largest accounting firms are persistently riddled with flaws, a group of international regulators have found.

  • MILAN, April 10- A board overhaul at Telecom Italia is set to placate belligerent minority investors, allowing Chief Executive Marco Patuano to focus on revamping the company's domestic business as the Italian economy begins to revive. Yet questions remain over how he will handle a prospective sale of Telecom Italia's Brazilian assets.

  • April 10- Motorola Mobility has named Rick Osterloh as its chief operating officer, reporting to the Motorola Operating Board at Google Inc until its acquisition by Lenovo Group Ltd is completed. Lenovo agreed to buy Google's Motorola handset division for $2.91 billion in January, in what was China's largest-ever tech deal.

  • MOSCOW, April 9- Russia's largest steelmaker, Evraz, posted on Wednesday a 2013 net loss of $572 million, 35 percent deeper than in 2012 due to "cyclical headwinds" and said the political standoff with Ukraine could hit its business.

  • CVS settles SEC investigation for $20 million Tuesday, 8 Apr 2014 | 3:05 PM ET

    CVS Caremark has finalized a $20 million settlement with the Securities and Exchange Commission over accusations that the company misled investors and used improper accounting to boost its performance several years ago.

  • Coal miner L&L Energy's CEO Lee quits Tuesday, 8 Apr 2014 | 6:32 AM ET

    April 8- L&L Energy Inc Chief Executive Dickson Lee resigned, the coal miner said in a regulatory filing on Tuesday, less than three weeks after the U.S. Securities and Exchange Commission accused the company of fraud. The regulator had accused L&L Energy and its founder, Lee, of making false disclosures about who was running the company.

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