BOSTON — Several investors who push management to perform better are trying to raise hundreds of millions of dollars in new cash to buy stakes in companies beaten down by a historic market selloff, four people familiar with their plans said on Tuesday...
BOSTON — Large U.S. companies accused of overpaying their chief executives faced few critical proxy votes from top index fund firms last year, a new report found on Tuesday, even as other asset managers got tougher with their ballots...
Berkshire Hathaway hasn’t done a big deal in years, as Warren Buffett explains in his latest annual letter to shareholders. Even so, he’s happy with his track record...
After a career spent working on “very important backup plans,” Steve Mollenkopf has steered Qualcomm through one rough patch after another...
A last-ditch attempt by a coalition of state attorneys general is said to have failed to halt T-Mobile’s purchase of a smaller rival...
(Reuters) - Bank of America Corp kept Chief Executive Officer Brian Moynihan's 2019 compensation flat at $26.5 million, according a filing on Friday...
Brian Chesky, Airbnb’s co-founder and C.E.O., spoke exclusively to Andrew last night about the company’s announcement today that it will think about all “stakeholders” when it comes to corporate governance, not just investors...
SAN FRANCISCO — Tesla Inc Chief Executive Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker's stock more than doubled in the last three months...
When somebody offers something for nothing, I don’t cheer. I reach in my pocket to see if my wallet is still there. So when a prominent C.E.O. lobbying group said over the summer that making profits for shareholders was only part of their business — and not necessarily the main part — I was skeptical, to say the least...
(Reuters) - Activist fund Crystal Amber more than doubled its stake in De La Rue Plc, days after the banknote and printer warned of "significant doubt" that it can continue as a going concern and said it would scrap its dividend to tackle mounting debt...
BOSTON — As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the perk...
Tom Barrack, the C.E.O. of Colony Capital and the chairman of President Trump’s inaugural committee, is being pressed by an activist investor to resign, DealBook has exclusively learned...
He plans to resign from the BHR board of directors on or by Oct. 31, his lawyer said in a statement...
The dismissal of Thierry Bolloré came after Nissan named a new chief. The automakers are part of an alliance once led by Carlos Ghosn, who was ousted as chairman...
TOKYO — An outside law firm investigating problems at Nissan, the troubled Japanese automaker, this summer discovered some potentially explosive information. Hari Nada, a powerful Nissan insider who was behind the ouster last year of Nissan’s chairman, Carlos Ghosn, over compensation issues, had been improperly overpaid himself, the firm found...
The filing is a centerpiece of an agreement to settle thousands of cases against the company for its role in the opioids crises. But it is expected to be vigorously contested by a group of 26 states...
Nissan’s board of directors is set to meet on Monday as the company’s top executive, Hiroto Saikawa, faces a widening crisis of confidence in his leadership. The board is expected to hear the results of a 10-month investigation into the company that was prompted by the arrest last November of Carlos Ghosn, its former chairman, who has since been charged with underreporting his compensation as well as other financial impropriety, allegations that he denies...
Responding to the agency’s stern rebuke, Vas Narasimhan, the company’s executive, tried to reassure investors that Novartis did not intentionally deceive the F.D.A. while seeking approval for its $2.1 million gene therapy ...
Jamie Gamble spent most of his career as a partner at the law firm Simpson Thacher & Bartlett, which counts virtually every major company in the United States — including Facebook, General Motors, Google and JPMorgan Chase — among its clients. A longtime lawyer for the insurance giant American International Group, Mr. Gamble worked alongside Richard Beattie, Simpson Thacher’s chairman at the time, to advise A.I.G. during the financial crisis of 2008 and in the years of litigation that followed...
The initial public offerings of Lyft and Pinterest will give investors the chance to buy into young, fast-growing companies led by founders with ambitious visions. But to get a piece of that action, investors will have to give up something big: an equal say in how the companies are run...
SAN FRANCISCO — Alphabet’s board of directors agreed to pay a former top Google executive as much as $45 million when he resigned from the company in 2016 after being accused of groping a subordinate...
Shareholders haven’t been successful in holding companies accountable for data breaches. But that changed in the first month of 2019...
As a draft report prepared by CBS’s outside lawyers now makes clear, many of the company’s employees, including high-ranking executives and even members of its board, were aware of the former chief executive Leslie Moonves’s alleged sexual misconduct and subsequent efforts to conceal it...
The company, World Patent Marketing, used Matthew G. Whitaker’s position as a former federal prosecutor to threaten consumers who tried to get their money back, court documents show...