1. Articles from wsj.com

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    1. The Jailing of the Citgo Six

      The Jailing of the Citgo Six

      Six Venezuelan-born Citgo executives were living and working in the U.S. in mid-November 2017 when they were summoned by Citgo parent PdVSA—the Venezuelan state-owned oil monopoly—to Caracas for a meeting. The five naturalized U.S. citizens and one U.S. permanent resident were in good standing with the Houston-based firm. As they boarded the corporate jet, they couldn’t have known that they were headed for prison...

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    2. SEC Approves Scaled-Back Disclosure Rule for Energy, Mining Companies

      SEC Approves Scaled-Back Disclosure Rule for Energy, Mining Companies

      The U.S. Securities and Commission approved a third version of a rule mandating the disclosure of information about payments made by oil, gas and mining companies to foreign governments. The latest version of the rule, approved with a 3-2 vote, attempts to ease the compliance burden it will impose on resource extraction companies while implementing a provision of the Dodd-Frank Act that was supposed to bring greater transparency to corruption-prone industries...

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    3. SEC Schedules Vote on Controversial Extractive Industry Rule

      SEC Schedules Vote on Controversial Extractive Industry Rule

      The U.S. Securities and Commission is scheduled to vote this week on a rule mandating the disclosure of payments made by oil, gas and mining companies to foreign governments. A vote on the rule, scheduled for Wednesday, could bring to close another chapter in a decade long attempt to enact a controversial provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was designed to help stave off corruption by companies in resource extraction industries...

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    4. Companies Face New Pressures to Diversify Boards. It’s Sensitive.

      Companies Face New Pressures to Diversify Boards. It’s Sensitive.

      One of the biggest board recruiting rushes in U.S. corporate history is set to commence, and it is likely to be a delicate one. A new board-diversity proposal from Nasdaq Inc. and a similar mandate passed in California this fall are expected to pave the way for potentially thousands of people with racially and sexually diverse backgrounds to join corporate boards over the next few years...

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    5. Nasdaq vs. Warren Buffett

      Nasdaq vs. Warren Buffett

      The more we think about the new racial, gender and LGBTQ mandates for corporate directors that Nasdaq announced on Tuesday, the more absurd they seem. How is a company supposed to find out if a board candidate is gay if that isn’t already known? Is it supposed to hire private detectives to look into it? Once that person joins the board, does the company then have to broadcast his or her sexual orientation in the annual report so progressives can be satisfied that the quota is met...

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    6. HSBC Has Big Ambitions in China. Westerners Still Dominate Its Board.

      HSBC Has Big Ambitions in China. Westerners Still Dominate Its Board.

      Global banking giant HSBC Holdings PLC has made clear that its business destiny is in China. Its board, however, remains an Anglo-American affair. The London-based, Asia-focused bank appointed three board members along with a chief legal officer and a chief operating officer in the past 12 months. All are American. Just two out of 14 board members are Chinese....

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      Mentions: Bank Asia HSBC
    7. Elliott Management Takes Stake in Software Company F5 Networks

      Elliott Management Takes Stake in Software Company F5 Networks

      Activist investor Elliott Management Corp. has taken a stake in F5 Networks Inc. and spoken to the software company’s management in recent weeks about ways to boost its lagging stock, according to people familiar with the matter. The exact size of Elliott’s stake couldn’t be learned, though it falls below the 5% threshold that would require regulatory disclosure, the people said...

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    8. String of Firms That Imploded Have Something in Common: Ernst & Young Audited Them

      String of Firms That Imploded Have Something in Common: Ernst & Young Audited Them

      This year, $2 billion is missing at a German fintech company, $300 million of sales has been found to be fabricated at a Chinese coffee chain and $5 billion in undisclosed debt has been uncovered at two related companies listed in the U.K. Together, the incidents cost shareholders of the companies roughly $30 billion...

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    9. Many Corporate Boards Still Face Shortage of Tech Expertise

      Many Corporate Boards Still Face Shortage of Tech Expertise

      Corporate boards could soon be on the hunt for fresh technology expertise as digital business models pursued in the wake of the coronavirus pandemic reshape business strategy. Companies over the past several months have rushed ahead with investments in AI-enabled analysis of business data, automation and new forms of digital collaboration. The moves, aimed at business continuity, are finding permanence as processes change across industries...

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    10. Shale Companies Had Lousy Returns. Their CEOs Got Paid Anyway.

      Shale Companies Had Lousy Returns. Their CEOs Got Paid Anyway.

      It’s been a bad few years for investors in shale companies, but a pretty good few years for shale company CEOs. The leaders of U.S. shale companies received some of the largest executive pay increases in corporate America, even as their shareholders lost billions of dollars, a Wall Street Journal analysis has found. The median pay for chief...

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    1-24 of 283 1 2 3 4 ... 10 11 12 »
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