May 22- Zale Corp said on Wednesday its new chairman would be the former chief executive of its biggest rival, and shares of the mid-tier jeweler jumped 30 percent. Terry Burman, who was CEO of Kay Jewelers parent Signet Jewelers Ltd from 2000 to 2011 and oversaw large U.S. market share gains, will take up the chairmanship post next Friday, Zale said.» Read More
May 22- Zale Corp said on Wednesday its new chairman would be the former chief executive of its biggest rival, and shares of the mid-tier jeweler jumped 30 percent. Terry Burman, who was CEO of Kay Jewelers parent Signet Jewelers Ltd from 2000 to 2011 and oversaw large U.S. market share gains, will take up the chairmanship post next Friday, Zale said.
NEW YORK, May 22- Clearwire Corp said its special committee and its board of directors approved Sprint Nextel Corp's sweetened offer to take over the company and advised shareholders to vote for the deal.
NEW YORK, May 22- Clearwire Corp said on Wednesday its special committee and its board of directors approved majority shareholder Sprint Nextel Corp's revised offer to take over the company and advised investors to vote for the deal.
May 22- Zale Corp on Wednesday reported a modest bump in third-quarter same-store sales and said the former chief executive of its biggest rival, Kay Jewelers parent Signet Jewelers Ltd, will be its new chairman.
Shares of JPMorgan are higher after shareholders narrowly failed to strip CEO Jamie Dimon of his Chairman title, reports CNBC's Kayla Tausche.
CNBC's Kayla Tausche reports 32.2 percent of JPMorgan shareholders voted to split the Chairman and CEO role at the bank.
*Consumer costs up by 180 mln pounds 2007-2011- Competition Commission. LONDON/ FRANKFURT, May 21- Britain's dominant cement makers could be forced to sell off plants to tackle a lack of competition which regulators say has cost customers hundreds of millions of pounds.
JPMorgan Chase has narrowly defeated its non-binding proposal to split the Chairman & CEO roles at the bank, reports CNBC's Kayla Tausche.
*CEO Nick Buckles to step down at end of May. *Will be replaced by CFO Ashley Almanza. Nick Buckles, 52, who has led the company for eight years, will be succeeded at the end of the month by Chief Financial Officer Ashley Almanza, a former executive of oil and gas firm BG Group who joined in March.
Gregg had been adviser to Goldman Sachs. Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress.
Consider any information posted online to be public when it comes to your tax return, reports CNBC's Jackie DeAngelis.
Rep. Kevin Yoder (R-KS) shares his reaction to news the IRS targeted conservative groups. "Americans are expecting Congress and the Federal Government to get to the bottom of this, and to make sure this never happens again," he says.
JPMorgan's CEO Jamie Dimon will learn his fate on Tuesday in regards to splitting up the Chairman and CEO roles. Discussing the pressure banks are under, and the focus on Dimon, with Ben White, POLITICO and Alex Sanchez, Florida Banker's Association
GREENSBORO, N.C.-- The Fresh Market Inc. said Monday that it has appointed Jeffrey Ackerman as its executive vice president and chief financial officer of the specialty grocery chain. Fresh Market's prior CFO left the company in December for a job at a privately held clothing company.
The White House Chief of Staff found out about the IRS scandal after the fact, reports CNBC's John Harwood; and Haley Barbour, Former Governor of Mississippi, discusses the scandal, and whether it's time for tax reform.
CAMP HILL, Pa.-- Drugstore chain Rite Aid Corp.' s board of directors has elected former Blue Shield of California Chairman and CEO Bruce G. Bodaken to its board of directors. Rite Aid spokeswoman Ashley Flower said Bodaken's addition brings the board to 10 members and is not tied to the April resignation of Michael Coutu.
The White House chief of staff was told about the IRS audit after counsel briefed, reports CNBC's John Harwood.
Lawmaker Rep. Sander Levin (D-MI) explains his concern over the IRS scandal. "We need to be sure that this isn't politicized," he says.
President Obama says he learned of the IRS controversy along with the public, and 2 hearings into the scandal are planned for this week, with CNBC's Eamon Javers.
SAC Capital's Steve Cohen is reportedly being subpoenaed to testify before a grand jury, and JPMorgan's Jamie Dimon is facing a crucial vote on his Chairman and CEO roles, with CNBC's Kate Kelly and Kayla Tausche.