Russia has “well over 1,000 troops” operating inside Ukraine, Nato warned. The Financial Times reports.» Read More
Aetna CEO Mark Bertolini's experience with his son's cancer showed him first hand the difficulties of navigating America's complex health-care system.
July 31- An employee complaint exposed accounting misconduct at L-3 Communications Holdings Inc, according to people familiar with the matter, prompting the aerospace and defense supplier to fire four people, revise two years of earnings statements and cut its earnings forecast.
TORONTO, July 31- Canadian Imperial Bank of Commerce has named wealth management head Victor Dodig as its next president and chief executive, replacing Gerry McCaughey who will retire in September.
*Target appoints Pepsi executive Brian Cornell as CEO. July 31- Beleaguered retailer Target Corp named former PepsiCo and Wal-Mart executive Brian Cornell as CEO and chairman as it tries to regain customer confidence following a devastating data breach last year that hit earnings. Cornell, the first outsider to lead Target, has his work cut out.
JERUSALEM, July 31- Israeli industrialist Benny Landa said his campaign to improve corporate governance at Teva Pharmaceutical Industries was delivering results, despite losing a shareholder vote at the world's largest generic drugmaker.
July 31- Target Corp appointed PepsiCo Inc executive Brian Cornell as CEO as it tries to regain customer confidence after a devastating data breach last holiday season. Cornell resigned earlier this week as head of PepsiCo's Americas Foods business, which makes Quaker Oats and Frito Lay chips.
CALGARY, July 30- Penn West Petroleum Ltd said it has uncovered accounting irregularities that misclassified nearly C $300 million in expenses over the last four years, and the Canadian oil producer will restate its results.
*Q2 oper profit 969 mln euros vs Rtrs poll avg 965 mln. FRANKFURT, July 29- German industrial gases maker Linde reported a decline in quarterly profits on Tuesday, hit by unfavourable foreign exchange rate fluctuations.
July 28- Darden Restaurants Inc's food fight with activist investors Barington Capital Group LP and Starboard Value LP entered a new phase on Monday, when the company said Clarence Otis would step down as chairman and chief executive officer.
July 28- Darden Restaurants Inc said on Monday that Clarence Otis would step down as chairman and chief executive officer, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.
Darden Restaurants said CEO and chairman Clarence Otis is resigning as the company focuses on its Olive Garden chain following the Red Lobster sale.
July 28 (Reuters)- Darden Restaurants Inc said Clarence Otis would step down as chairman and chief executive officer, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.
CNBC's Bertha Coombs reports Darden CEO Clarence Otis will step down from chairman and CEO roles.
*Warns risks of China partner, future of all-inclusive model. PARIS, July 25- Club Mediterranee's board of directors on Friday advised that a 790 million euro takeover offer for the holiday group from Italian financier and top shareholder Andrea Bonomi was in shareholders' interest.
Creating the perfect board: lawyers, accountants and ... a therapist? Yeah, maybe.
Facebook's record close on Thursday, fueled by earnings, added $1.6 billion to CEO Mark Zuckerberg's bottom line. USA Today reports.
According to Wal-Mart's 8-K filing, U.S. CEO Bill Simon's retirement package includes $9.17 million.
*IFRS 9 published by Intl Accounting Standards Board. *EU endorsement needed to apply new rule in Europe. The IASB, whose rules are applied in over 100 countries, including Europe but not in the United States, said it was its final reform in response to the 2007-09 crisis.
HONG KONG, July 23- Global derivatives trade group, the International Swaps and Derivatives Association, said on Wednesday it had appointed leading U.S. regulator Scott O'Malia as its chief executive.
BATS Global Markets' President William O'Brien has left the company. Insight to his exit, with CNBC's Bob Pisani.
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