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  • *New Potash Corp nominees suggest a deal has been struck. SANTIAGO, April 22- Chile's SQM, the world's biggest producer of key battery ingredient lithium, will get a new board on Friday minus the man who has led it for nearly three decades, as the scandal-plagued company moves to reassure investors about its corporate governance. The scandal has convulsed the...

  • DALLAS— The CEO of American Airlines received compensation valued at $12.3 million last year and will stop drawing a salary and instead be paid entirely in company stock. American Airlines Group Inc. disclosed his compensation and the other changes in filings with the Securities and Exchange Commission. He drew a $687,884 salary, got maximum incentive...

  • District Judge Thomas Griesa in Manhattan said the funds can seek documents from Argentina and banks including Deutsche Bank AG related to Tuesday's $1.4 billion bond sale to determine if any assets exist in the United States that could satisfy billions of dollars in unpaid judgments. The ruling applies to Argentina and banks subscribed to the offering,...

  • NEW YORK— Lawyers for U.S. bondholders who are owed money by Argentina can seek information from banks and the republic about a new bond offering it has arranged, a judge said Wednesday. The judge said he would prefer that Argentina negotiate through a court-appointed special master with the U.S. bondholders to settle their claims but he understands the only...

  • *Canada's Potash Corp yet to make decision on nominees. By Rosalba O'Brien and Felipe Iturrieta. SANTIAGO, April 22- The future of Chile's SQM, the world's biggest producer of key battery ingredient lithium, hangs in the balance this week as the chairman faces demands to resign and a new board is elected.

  • MIAMI— A legal and political scuffle has broken out in Miami over a developer's plans to build a 1,000- foot tourist tower complete with thrill rides, observation decks, restaurants and clubs. Miami voters approved the $430 million project last August with one key promise: No public money would be spent. That has led to a lawsuit against the city and county filed by...

  • Taj Mahal wants judge to penalize union over letters Tuesday, 21 Apr 2015 | 11:58 AM ET

    A bankruptcy judge in Delaware will consider a request Wednesday by Trump Entertainment Resorts to force Local 54 of the Unite-HERE union to acknowledge that letters it sent to Taj Mahal customers urging them to take their business elsewhere were misleading. The campaign began shortly before the judge granted Trump Entertainment's request in October to...

  • BENGALURU, April 21- Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot. Rishad Premji, eldest son and a Harvard Business School graduate, was already Wipro's chief strategy officer.

  • SOUTHFIELD, Mich.— Billionaire philanthropist and shopping mall pioneer A. Alfred Taubman "loved what his life had become" and had "absolutely no regrets," his son told about 1,000 mourners at Taubman's funeral Tuesday. He began his first real estate business in 1950 and pioneered the development of enclosed shopping malls in Michigan, California and elsewhere in...

  • April 21- Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox, by far the largest part of the media empire that James' father Rupert Murdoch built. It is also unclear what title James would take or whether there is any possibility that Rupert Murdoch, 84, would relinquish the Fox...

  • LONDON, April 20- Britain on Monday ordered Russian billionaire Mikhail Fridman to sell his newly acquired North Sea gas fields within six months, ratcheting up the pressure on one of Russia's most influential businessmen just two weeks before the May 7 national election. Upping the ante in a standoff that some Russian businessmen say shows Russian capital is...

  • HELENA, Mont.— A federal judge ordered the founder of a luxury Montana mountain resort back to jail Monday, saying he failed to disclose what happened to $13.8 million from the sale of a resort in Mexico. The case stems from the bankruptcy of the Yellowstone Club near Big Sky, a private ski and golf resort, which boasts a $300,000 entry fee. Authorities say Blixseth...

  • LONDON, April 20- Britain's energy minister has decided to force Russian billionaire Mikhail Fridman to sell North Sea gas fields he recently acquired as part of a $5.4 billion takeover deal of DEA, the former oil and gas unit of Germany's RWE. The decision comes two weeks ahead of a general election in Britain and further sours Britain's relations with Russia in...

  • TORONTO— The founder of the Cirque Du Soleil said Monday he is giving up the majority stake in his circus troupe that has wowed audiences worldwide for 30 years and propelled him from street performer to billionaire. What was once a small troupe of vagabonds has grown to a 4,000- person operation headquartered in Montreal that will now be controlled by the U.S....

  • WASHINGTON— The Supreme Court has declined to disturb the conviction of a former Goldman Sachs and Procter& Gamble board member on charges of conspiracy and securities fraud. The justices had no comment Monday on their order rejecting Rajat Gupta's appeal of his 2012 conviction for feeding lucrative inside tips about Goldman to a billionaire hedge fund...

  • HONG KONG, April 19- The green energy potential of thin-film solar panels has propelled Li Hejun to the top of China's rich-list, but his Hanergy Holdings has yet to prove it can turn impressive laboratory research into commercially successful products. Hanergy Thin Film Power, a Hong Kong- listed unit, has seen its value soar six-fold in the past year to $37...

  • BLOOMFIELD HILLS, Mich.— Son: Michigan billionaire philanthropist, shopping mall developer A. Alfred Taubman dies.

  • BLOOMFIELD HILLS, Mich.— A. Alfred Taubman, the self-made Michigan billionaire whose philanthropy and business success— including weaving the enclosed shopping mall into American culture— was clouded by a criminal conviction late in his career, has died. Taubman, who donated hundreds of millions of dollars to universities, hospitals and museums, died Friday...

  • MEXICO CITY, April 17- Shareholders in Mexico's America Movil on Friday approved a plan to spin off around 10,800 cell towers into a new company, Telesites, that will open up their use to competitors, the company said in a statement. Under the plan, current shareholders will receive the same number and series of shares in Telesites, which will be listed on Mexico's...

  • *Bollore cautions deal-making will take time, prudence. PARIS, April 17- Vivendi's chairman and main shareholder Vincent Bollore won double voting rights at the company's annual shareholders' meeting on Friday after opponents failed to get support for their motion to keep a one-share-one-vote structure. Bollore, a billionaire who made his name as a corporate...