Restoration Hardware Holdings Inc. said Thursday that its co-CEO Carlos Alberini is resigning to take over as CEO and chairman at clothing company Lucky Brand. Restoration Hardware said it will initiate a search for Alberni's replacement soon. Restoration Hardware earned $9.5 million, or 23 cents per share, for the quarter that ended Nov. 2.» Read More
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."
Today’s private equity environment is the most unusual that I’ve seen in my 20 years of consulting. The approach to private equity investment is shifting as firms struggle to find a clear exit strategy for their investments. The days of investing and flipping are on hold - perhaps for good.
After creating a plan to radically alter AIG's operations to help repay billions in government loans, chairman and chief executive Edward Liddy is leaving his vision for the insurer in the hands of a whole new set of managers.
American International Group Chairman and Chief Executive Officer Edward M. Liddy plans to step down from the troubled insurance giant, now largely owned by the US government, after less than nine months on the job.
JP Morgan kicked off its annual meeting in New York Tuesday, with CEO Jamie Dimon telling shareholders he expects TARP re-payments to begin in a couple of weeks. But Dimon said he has no details on when JP Morgan can actually start paying back the money.
What dilithium crystals do you need to propel your job search? Do you have to network more effectively? Does your resume need work? Do some troubleshooting here and get the gear you need to succeed.
A former executive of Bear Stearns has sued for a $2 million bonus he says he is owed.
One of America's 'most stressed' banks, Bank of America, is likely to fail in its ambition to operate as a conglomerate, Bill Smith, president, CEO and senior portfolio manager at SAM Advisors, told CNBC Friday after the government's stress tests showed the bank needs to raise an additional $33.9 billion in capital.
All of us aspire to a higher level of trust in our relationships, our companies, and our lives. Yet, high trust levels frequently elude most organizations.
In this 24/7, work-never-stops world, many of us conduct personal business on our company computer or Blackberry.
What do Susan Boyle and swine flu have in common? Clearly, both cases demonstrate that we're living in a world in which reputations can be made or broken in an instant, but there's more to them than that.
Stocks advanced but ended off their highs Wednesday after the Federal Reserve said the recession appears to be easing.
Futures pared gains Wednesday after the first look at first-quarter GDP showed the economy contracted at a sharper pace than expected.
Anthony Viceroy, President of Global Operations, Porter Novelli writes, "Recently the fear of losing a job has led people to set aside their natural inclination to take chances. Even those with great track records are looking over their shoulders nervously. So should they believe a boss who tells them to be bold and dare to fail—who says “the only failure is not daring to try?"