Kleiner Perkins Caufield & Byers partner Ellen Pao is suing the venture capital firm for sexual harassment and discrimination, according to a lawsuit filed in California's Superior Court.
The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.
Tuesday, 15 May 2012 | Source: Christian Science Monitor
Scott Thompson was hired as Yahoo CEO—the embattled company's fourth in five years—for his record as an executive, not the degrees on his resume. But the fabrication was costly, the Christian Science Monitor reports.
Monday, 14 May 2012 | Source: The Associated Press
Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.
JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter industry regulation a huge new piece of ammunition as they fight a last-ditch battle with the banks over new federal rules that may redefine how banks do business. The New York Times reports.
Thursday, 10 May 2012 | Source: The Associated Press
Yahoo CEO Scott Thompson is assuring his colleagues that he didn't supply the incorrect information that led the troubled Internet company to list a bogus college degree in his official biography, according to a person familiar with the matter.
Allscripts Healthcare Solutions Inc. said Monday that it adopted a "poison pill" shareholder rights measure to ward off an unwanted takeover after the electronic health records company fired its chairman and reported a steep drop in first-quarter earnings last month.
One of the nation's largest public pension funds has filed a lawsuit against current and former Wal-Mart executives and board members, saying they had breached their responsibility in handling an alleged bribery scheme.
A major new rule that has drawn the ire of Wall Street is on track for completion sooner than some bankers had expected, dashing the hopes of financial industry lobbyists, who have pressed for a delay. The NYT reports.
Tuesday, 1 May 2012 | Source: The Associated Press
Chesapeake Energy founder Aubrey McClendon was stripped of his chairmanship role Tuesday following shareholder complaints that his personal business interests could conflict with those of the company he runs.
Tuesday, 1 May 2012 | Posted By:
| Source: CNBC.com
Rupert Murdoch and News Corp came under fresh attack by UK politicians Tuesday when a key Parliamentary report into the phone hacking scandal said he is “not a fit person” to run a major international company.
Monday, 30 Apr 2012 | Source: The Associated Press
A federal jury in Virginia convicted a former Costa Rican insurance executive on Monday of all counts in a $485 million fraud scheme in which he was accused of lying to clients and investors about the financial stability of his company.
Friday, 27 Apr 2012 | Source: The Associated Press
For a host of public companies, springtime is when shareholders start speaking of "say on pay," CEOs are forced to face angry investors and so-called corporate gadflies make their rounds.
Yahoo‘s embattled chief executive, Scott Thompson, will leave his post after a controversy over his embellished academic credentials embroiled the Web company, the New York Times reports.... Read More
Yahoo confirmed Sunday Chief Executive Scott Thompson is stepping down after a controversy over a fake computer science college degree on his biography... Read More
While many companies are stripping away some of the costly perks bestowed on CEOs, one remains a staple of many executive compensation packages: the country club membership.... Read More
The elephant in the room in the wake of the Wal-Mart spacer fiasco is whether we should accept, cover-up or no cover-up, the concept of bribes, graft and outright corruption as simply a way of doing business abroad? Herb Greenberg examines.... Read More
In this Guest Blog, former CEO Carly Fiorina shares her thoughts on the widening bribery probe writing, "Facing extremely serious charges of large-scale bribery and a multi-year cover-up, the Wal-Mart Board should immediately appoint a completely independent team to determine the facts." ... Read More