Since Valeant and Pershing Square offered to buy Allergan on April 22, Allergan has consistently rejected their offer, saying it undervalues the company. "We believe Valeant and Pershing Square are conducting a fishing expedition for their own purposes and contrary to the best interests of Allergan stockholders," Allergan's spokesman said on Monday.» Read More
Wal-Mart Stores announced Friday that Mike Duke will succeed Lee Scott as president and chief executive officer of the company.
As the CEOs of the big three auto makers get ready to testify before the Senate Banking Committee on Tuesday, CNBC asked CEOs in advertising, healthcare and energy for their insight.
Ford CEO Alan Mulally says the bankruptcy of even one of America's auto companies could bring down the entire industry.
Cisco Systems is facing weakness around the world because the financial crisis has caused a slowdown in “all four major segments” of its business, John Chambers, CEO and chairman told CNBC.
Where should President Elect Barrack Obama concentrate his attention first? War and energy, according to renowned investor Donald Trump.
The US government mishandled the credit crisis, much as it did Hurricane Katrina three years ago, say crisis management experts.
The former chief executive of a now defunct Houston-based oil and gas company has pleaded guilty to making a false filing with the Securities and Exchange Commission, U.S. Attorney Don DeGabrielle said Wednesday.
Robert Willumstad, former CEO of American International Group said the company has “more than enough” assets to cover the $85 billion loan from the government without it being a massive issue for taxpayers.
Dow Transportation component CSX, often considered an economic weather vane, reported third quarter earnings of $0.94 a share for continuing operations, a 40 percent increase over last year.
Ford Motor is not considering bankruptcy protection as an option, CNBC reported Friday, citing company executives. The unidentified Ford executives said bankruptcy is not even under discussion, and that the company has sufficient liquidity.
As government officials weigh how to limit executive pay at financial firms looking for a handout from the bailout, proxy advisor Glass Lewis & Co. has released its report on executive pay in 2007.
Fed up with the back room wheeling and dealing on Wall Street? Now you can do something about it, thanks to Carl Icahn.
CEOs from various industries gathered to talk about the recent events in the economy and its affects on their companies. Watch the following videos for what each had to say.
Honeywell International Chief Executive David Cote said Friday there are signs that the global economy is slowing, but so far the trends remain "very good" for the company's business.
Economic worries are still hanging over the market, and CNBC went straight to the top to get some answers.
Germany's Chancellor Angela Merkel topped Forbes magazine's list of the world's 100 most powerful women for the third year running, while U.S. Secretary of State Condoleezza Rice slipped to seventh from fourth last year.
All eyes are on China for the 2008 Beijing Olympics, and the US beverage giants are jumping at the chance to be in the spotlight.
Hovnanian Enterprises CEO Ara Hovnanian says recovery is coming to the housing market, but next year will be a wild card.
Former and current CEOs across various industries discussed the economy, energy prices, the state of the airline industry and more on CNBC this morning.
Nearly a year and a half after it was announced, the merger deal between Sirius Satellite Radio and XM Satellite Radio is an accomplished fact, and the chief executive of the combined company sees strong signals for the future.
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