GMAC Chief Executive Al de Molina has resigned, and will be replaced by Michael Carpenter, the troubled lender said Monday.

Nine chief executives and chairmen from around the world have signed up for an exclusive CNBC initiative, "The Carbon Council", aimed at identifying opportunities in clean technology and the larger business of sustainability. 

The company is in a position to start paying back taxpayer loans, but still lost $1.2 billion in the third quarter.

With a crucial holiday approaching for video game makers, Reggie Fils-Aime, President and COO of Nintendo America, said he expects the close release dates of big-name titles "Call of Duty" and "Super Mario Bros. Wii," out Sunday, to revive the industry from its sales lag.

General Electric and Vivendi are making slow progress in talks for the French media company to shed its 20 percent stake in NBC Universal, but a deal is still expected in the next 10 days, sources told CNBC.

The oil market is well supplied, with inventories at record levels globally, and the market continues "to be a bit soft," but prices are getting a big boost from the dollar's fall, Exxon Mobil CEO and Chairman Rex Tillerson told CNBC Friday.

Two of Walt Disney top executives, Chief Financial Officer Tom Staggs and parks chairman Jay Rasulo, will swap jobs at the end of 2009 to give each other new challenges, Disney Chief Executive Bob Iger said on Thursday.

The latest tax filing for Goldman Sachs’s foundation is as thick as a phone book. The list of trades is more than 200 pages, single spaced. Goldman, it seems, invests like no other, even for its own charity.

U.S. President Barack Obama ranked at the top of the list of the world's most powerful people, according to Forbes.

Bill Gates said on Wednesday he believes Wall Street pay is "often too high" and that U.S. government ownership of American International Group worries him because it has devalued the giant insurer.

In a memo to the company's employees, AIG CEO Robert Benmosche said Wednesday that he and the board remain "totally committed" to leading AIG.

General Motors could be hurt by pay restrictions on senior executives set by the U.S. government, the automaker's chairman said, urging an overhaul of the salary caps.

Comcast and General Electric have agreed to make NBC Universal CEO Jeff Zucker the head of their proposed joint venture, but the structure of a new board is still being negotiated, sources familiar with the matter said.

When you have an initial bid rejected as derisory it is probably not a good idea to come back with a lower offer expecting a big change of heart from your prey.

The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social purpose and are doing "God's work".