Should companies stop issuing quarterly earnings guidance? That was a major topic of discussion on today's "Morning Call." Dean , executive director of the Business Roundtable Institute for Corporate Ethics, says yes because focusing on quarterly earnings per share guidance often forces companies to concentrate on the here-and-now while under-investing in the future.
Ted Turner calls solar energy the "biggest business opportunity the world has ever seen." And for once, he may be understating it. CNBC's Jane Wells reported on the maverick mogul's plans, on "Morning Call."
What many see as outrageous or obscene compensation for chief executive officers is back in the limelight after some high profile pay packages lately. The House Financial Services Committee Thursday holds a public hearing on the issue and the hue and cry about greed and abuse is bound to bounce off the walls of Congress. The contrarian view is that there is little or no direct link between pay and performance and coupling the two might be detrimental because CEOs would cut corners to boost their pay, eroding the company’s long-term prospects.
The composition of the board of directors at major companies is changing and becoming less clubby. On "Squawk Box" CNBC's Mary Thompson says there’s no shortage of candidates to serve on corporate boards, but they’re now drawn from a different talent pool. In 2001, about half board members were active CEOs. Last year, the figure declined to 29%.
Searching for nuggets of wisdom from the Oracle of Omaha.
The Billionaire Next Door: Warren Buffett
CNBC's Liz Claman Interview with Warren Buffett
Federated Department Stores said stronger same-store sales and lower costs boosted fourth-quarter earnings 5% higher. And Chairman and CEO Terry Lundgren told CNBC's Becky Quick that the parent of Macy's and acquirer of May Stores is getting "better and better."
Forget gas price fluctuations: People have to eat. And remodeled stores, fresh produce and prepared meals boosted quarterly profit at supermarket chain Safeway. So if analysts were disappointed by the firm's sales, well, Chairman and CEO Steven Burd seems happy anyway.
Coffee, tobacco, and work can each prove addictive for some executives. But CNBC's Darren Rovell says the newest monkey on C-level backs is a video game, Brickbreaker. And the supplier is the exec's very own BlackBerry handheld.
Satellite radio rivals XM and Sirius hope their bold merger plan doesn't fall on deaf ears in Washington, but there may be plenty of static from federal regulators.
A one-day ordeal for passengers is just the start of a six-day debacle for the airline. The popular low-cost carrier tries to manage a public relations nightmare and return to normal operations.
Wal-Mart Stores topped Wall Street expectations with its 9.8% jump in fourth-quarter profit. So why would anyone want CEO H. Lee Scott to quit? Consultants William Marquard and Michael Bergdahl joined "Power Lunch" to explain -- and perhaps refute -- that thinking.
Will Sirius' Howard Stern find true love with XM's Opie & Anthony? Blair Levin, managing director at Stifel Nicolaus (and former chief of staff at the FCC) told CNBC's Liz Claman he is "cautiously optimistic" that the satellite radio merger will be approved -- thanks to new technology.
Top U.S. chief executives are right in worrying about healthcare costs -- after all, they'll exceed profits next year.
Nearly half of CEOs polled by the Business Council say it’s gotten tougher to find qualified workers in the U.S.
There’s no question that the DUI arrest of US Airways Chief Executive Douglas Parker last month is making headlines in a way that probably wouldn’t have happened in decades past. CEO’s are no longer private citizens, and media scrutiny of corporate America has turned some of them into celebrities. Although the buck stops at the corner office, where....
What many see as outrageous or obscene compensation for chief executive officers is back in the limelight after some high profile pay packages lately. The WEF meeting is tackling the issue by asking basic questions: What’s an appropriate level for top managers? Who defines “appropriate” and how? Should a CEO’s pay be linked to the company’s performance? The contrarian view is that there is little or no direct link between pay and performance and coupling the two might be detrimental because CEOs would cut corners to boost their pay, eroding the company’s long-term prospects. (More)
Most people have encountered professional challenges of one kind or another. But as any successful entrepreneur will tell you, success comes after you master the art of making lemonade, so to speak. On today’s “Squawk Box," CNBC spoke with three high-profile business leaders who prevailed after suffering a serious setback.
In a memo to Dell employees days after returning as chief executive officer, Michael Dell said the beleaguered computer maker is quashing bonuses for 2006 and reducing managers to help cut costs and steer the company back toward dominance.