American International Group is preparing to pay next week millions of dollars more in bonuses to dozens of corporate executives, a source familiar with the development said.

Citigroup announced Thursday its biggest management shake-up since the financial crisis began, replacing its chief financial officer and installing a new banking chief as it prepares to give the government a 34 percent equity stake.

A company run by former AIG CEO Maurice "Hank" Greenberg did not breach a trust when it ended an executive retirement scheme at the insurer more than four years ago, a federal jury ruled on Tuesday.

Google will to stick to its core business and continue developing technologies to monetize search, CEO Eric Schmidt told CNBC.

Apple Chief Executive Steve Jobs is back to work following a near six-month medical leave, the company said Monday.

Shell has turned itself around since the somber days of March 2004, when Mr. van der Veer was thrown into the top job to restore confidence in the company. Mr. van der Veer, who started at the company in 1971 and worked his way up, has been credited by most analysts in bringing about a turnaround.

The search for Bank of America CEO Ken Lewis' successor has heated up in wake of the ongoing controversy between he and Federal Reserve Chairman Ben Bernanke, CNBC has learned.

Tarek Sherif, Chairman and Chief Executive of Medidata Solutions, brought along a big crowd of employees to open trading at the NASDAQ marketsite Thursday to watch the company's shares debut on the NASDAQ. He wanted to share the excitement of moment.

Carry your own luggage to the plane, slide one pound ($1.65) into a slot to use the toilet while airborne, pay more charges for fuel, have staff working for free for one month.

This week, Apple wasn't shy about touting the sales of its latest mobile device. But the company didn't say anything confirming reports from over the weekend that co-founder and CEO Steve Jobs had a liver transplant two months ago. Should Apple have disclosed more details about Steve Jobs' health condition sooner? Tell us what you think:

After all the losses and bailouts, Citigroup may be considering raising the salaries of some of its workers by as much as 50 percent, the New York Times reports.

The global financial markets need more international supervision and institutions such as the International Monetary Fund must play a larger role, the CEO of Deutsche Bank said in a newspaper column on Wednesday.

James D. Eason, M.D., program director at Methodist University Hospital Transplant Institute and chief of transplantation confirmed today, with the patient's permission, that Steve Jobs received a liver transplant at Methodist University Hospital Transplant Institute in partnership with the University of Tennessee in Memphis.

Former Merrill Lynch executive Winthrop Smith Friday denied approaching Bank of America Chief Executive Kenneth Lewis with two other former Merrill executives to discuss buying back all or part of the bank.

Chief executives of some banks that received federal money, including Bank of America, Morgan Stanley and Regions Financial, used company jets for their personal use, the Wall Street Journal reported on its website.