CNBC's Courtney Reagan reports on the departure of Wal-Mart U.S. CEO Bill Simon. Greg Foran will succeed Simon as Wal-Mart president & CEO.» Read More
New BT CEO Ian Livingston is fighting market prejudice. The telecom sector remains unloved. Most of the sector analysts are struggling to be positive about the pricing environment, and the pinch on consumer spending is only set to worsen.
Friday, Wall Street analysts are expecting GM to lose $1.489 billion. If they are right, the loss will be just short of the $1.631 billion GM lost (excluding charges) in that woeful third quarter of 2007.
And Oracle. As the CEO explains, none of the company's peers can compete.
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.
When covering this beat you often have to become as fluent as possible in different disease jargon. But nothing could have prepared me for the alphabet soup served up in this highly anticipated release.
This drilling-services company has a long track record of outperforming in times like these.
It all comes down to three important factors, Cramer says.
Executives across various industries shared their economic outlooks on "Squawk Box" this morning.
JetBlue's chief executive agreed to halve his salary on Monday in a show of solidarity with employees as the low-cost carrier struggles with soaring fuel prices and a slowing U.S. economy.
The signs are not good. From Chrysler's decision to stop leasing cars, to its recent decisions to cut staff and close plants, to its lack of major new product announcements, there is little of late inspiring confidence that this company can stage a comeback...
Qantas Airways Chief Executive named Alan Joyce as its new chief executive on Monday, with Geoff Dixon retiring after eight years heading Australia's largest airline.
Talk about poking a hornet's nest: Nothing generates more reader feedback than a post about Apple. Mix in some Steve Jobs, speculation, rumors, a dash of innuendo, and bingo, you've got yourself a kind of magic eyeball catcher!
Leerink Swann, which specializes in healthcare equities research, is out with a couple of noteworthy surveys--one on the collateral damage to Merck and Schering-Plough's Vytorin this week and the other on drug-coated stents from Abbott Labs, Boston Scientific, Johnson & Johnson and Medtronic.
In the last three weeks, the message has been coming from a variety of sources, but it's generally been the same: forget about the auto industry rebounding anytime soon. In fact, some are saying things may get worse before they get better.
The CEO explains why his underpromise-overdeliver strategy keeps surprising Wall Street.
Wachovia, which on Tuesday posted a record $8.86 billion second-quarter loss, said Chief Financial Officer Thomas Wurtz plans to leave the fourth-largest U.S. bank after a successor is named.
Microsoft will announce plans to expand its relationship with online social network Facebook to provide web search and search advertising, a source familiar with the matter said on Thursday.
On Squawk Box this morning, CEOs from various industries aired their insights on the economy, energy prices, real estate and politics.
So, yesterday I posited a theory that the weak American economy might be hurting sales growth of erectile dysfunction drugs. I wondered whether men might be cutting their pills in half and/or not filling their expensive prescriptions if they're having to tighten their belts.