NEW YORK-- JA Solar Holdings Co. has named Herman Zhao as its new chief financial officer. Zhao previously held the CFO post from July 2006 to May 2008. Since then he's served as CFO for fabless semiconductor company Legend Silicon Corp. and solar project developer Sky Solar Holdings Co..» Read More
A Wells Fargo executive who oversees foreclosed properties hosted parties and spent long summer weekends in a $12 million Malibu beach house, moving into the home just after it had been surrendered to Wells Fargo to satisfy debts, neighbors said.
The change in the Morgan Stanley management will benefit the bank, but CEO John Mack should leave for good, Rochdale Securities Banking analyst Richard Bove told CNBC Friday.
Morgan Stanley Chief Executive John Mack is stepping down and will be replaced by James Gorman, one of the investment bank's co-presidents, CNBC learned. Mack will remain chairman, however.
Anne Mulcahy, chairman and former CEO of Xerox, said the uncertain economy has forced the company to remain cautious about spending and instead focus on making sure costs remain under control and that its balance sheet remains strong.
Redbox’s growth — it started with 12 kiosks in 2004 and now processes about 80 transactions a second on Friday nights — has Hollywood’s blood boiling, the New York Times reports.
They were left out of the latest unemployment rate, as they are every month: millions of hidden casualties of the Great Recession who have stopped looking for work, the New York Times reports.
For decades, companies have worked to incorporate the Six Sigma analytical business approach. Now, some say, it's time for the next challenge: "design thinking."
Phrases like “game changer,” “value add” and “it is what it is” are among the most overused phrases in business today, according to a survey of top executives that was released Thursday.
The rich have been getting richer for so long that the trend has come to seem almost permanent, the New York Times reported.
Chemical maker DuPont said Thursday its chief financial officer will move to a new role as the company consolidates 23 businesses into 14, as part of an effort to capitalize on global growth opportunities to drive profitability and sales.
Byron Wien will join The Blackstone Group as vice chairman of Blackstone Advisory Services, the investment firm announced Wednesday.
The federal agency that regulates Fannie Mae and Freddie Mac named Thursday an interim replacement for its director, who is stepping down at the end of the month.
Carol A. Bartz, chief executive of Yahoo, has been hobbled, the New York Times reported.
Former Merrill Lynch brokerage chief Bob McCann has the inside track to head up the brokerage division of UBS, sources told CNBC.
While workers in the rest of Europe are accepting to work four day weeks or part-time, or take periods of semi-paid leave, employees in Britain have been working six-day weeks to keep their jobs, according to a survey out Tuesday.
The search for Bank of America CEO Ken Lewis' successor has heated up in wake of the ongoing controversy between he and Federal Reserve Chairman Ben Bernanke, CNBC has learned.
Tarek Sherif, Chairman and Chief Executive of Medidata Solutions, brought along a big crowd of employees to open trading at the NASDAQ marketsite Thursday to watch the company's shares debut on the NASDAQ. He wanted to share the excitement of moment.
Carry your own luggage to the plane, slide one pound ($1.65) into a slot to use the toilet while airborne, pay more charges for fuel, have staff working for free for one month.
James D. Eason, M.D., program director at Methodist University Hospital Transplant Institute and chief of transplantation confirmed today, with the patient's permission, that Steve Jobs received a liver transplant at Methodist University Hospital Transplant Institute in partnership with the University of Tennessee in Memphis.
Rochdale Securities analyst Richard Bove started Citigroup with a 'buy' rating and a price target of $4 Friday, calling it "the only truly international bank in the world."