According to Wal-Mart's 8-K filing, U.S. CEO Bill Simon's retirement package includes $9.17 million.» Read More
Despite the turmoil in the auto industry, AutoNation is out with better-than-expected results. The auto retailer posted fourth quarter earnings of $0.12 a share, beating Wall Street expectations by a penny.
Step aside and take solace, John Thain: The public flogging you just endured for spending $1.2 million to jazz up your now-vacant office at Merrill Lynch could subside once the sanctimonious mob moves on to other Wall Street titans who would dare redecorate their digs.
CEOs and other executives at the World Economic Forum in Davos, Switzerland, shared their insight on the financial crisis, the markets and the economy with CNBC.
Is your company suffering from Detroititis? It pertains to companies who fail to visualize that today’s customers demand appeal and finesse in products and not just low cost and usage.
New York Attorney General Andrew Cuomo has subpoenaed former Merrill Lynch CEO John Thain over $4 billion in bonuses paid to Merrill executives, sources tell CNBC.
Dow Chemical CEO Andrew Liveris still hopes his company can acquire specialty-chemical producer Rohm & Haas, despite some serious obstacles that have forced Dow to put the deal on hold.
Bank of America chief Kenneth Lewis already is dead—he just doesn’t know it yet.
What looks like a financial crisis is really an accounting crisis, made much worse by persistent fear.
Former Enron CEO Jeffrey Skilling, whose 2006 convictions were upheld by a three-judge appelate panel earlier this month, is appealing that decision to the full Fifth Circuit Court of Appeals.
The market suffered steep losses in 2008, but some companies defied the odds and ended the year with impressive gains.
Gold prices were on a rollercoaster ride this year, but shares of Royal Gold have defied the volatility and are up about 50 percent year-to-date.
The market has seen steep losses this year, but First Niagara Financial Group is coming out of 2008 with impressive gains. The parent of First Niagara bank, a regional bank in New York state, is up more than 30 percent year-to-date.
Chief executive Edward Liddy of AIG insists his troubled company is not trying to hide anything from Congress, as Rep. Elijah Cummings (D-Maryland) has charged.
California-based Granite Construction has defied the odds, gaining more than 10 percent for 2008. The company’s CEO, William Dorey, says a key part of this success is geographic diversity.
Let’s just come out and admit it: Many of us hate the notion of a bailout for automakers. If they can't endure a downturn for a few months, why not just let ’em die? These guys brought it on themselves.
It may be the season to be wealthy — at least on Wall Street, where banks are awarding annual bonuses despite a growing outcry over pay, the New York Times reported.
Eighteen months ago a firm that does due diligence on investment advisers warned clients not to do business with Bernard Madoff's investment fund.
Commentary: All of America now can rest easy: Merrill Lynch chief John Thain won’t get his $10 million bonus after all, having succumbed to browbeating calls for fiscal restraint.
Carphone Warehouse said Monday its co-founder has resigned as a director after disclosing that he had pledged millions of his shares in the company to secure personal loans.
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