What’s wrong with Corporate America? Just ask Warren Buffett. The chairman and CEO of Berkshire Hathaway Inc. and his longtime business partner, Charlie Munger, spent the weekend riffing on highly paid corporate board members who aren’t truly independent; committee meetings that waste time; and best practices embraced by managers that may not necessarily work...
SAN FRANCISCO—Shortly after Apple used a new tax law last year to bring back most of the $252 billion (U.S.) it had held abroad, the company said it would buy back $100 billion of its stock. On Tuesday, Apple announced its plans for another major chunk of the money: It will buy back a further $75 billion in stock. Apple has announced its plans for another major chunk of the money: It will buy back a further $75 billion in stock...
One of Bristol-Myers Squibb Co.’s largest shareholders is opposing the company’s $74 billion deal to buy rival Celgene Corp., becoming the latest investor to express its unhappiness with the transaction...
America’s 500 biggest public companies in 2018 are expected to distribute up to $600 billion or more through stock buybacks. Even Warren Buffett , who for more than 50 years has avoided such a move, is considering offering a buyback to his 1 million shareholders in Berkshire Hathaway....
With CEO Hunter Harrison’s death on Saturday , CSX Corp. lost the counsel of a railroading legend who added almost $17 billion in value in less than a year. Now, acting chief executive officer Jim Foote will have to prove to investors that Harrison’s rapid transformation of CSX was deep enough to deliver lasting efficiency and profit...
We need to take a bigger picture view of the systemic and cultural barriers getting in the way of female leadership. How important is it to close the gender gap in corporate leadership? ...
Mentally muscular. Ballsy, even. An oft-presumed successor to German Chancellor Angela Merkel, von der Leyen is the politician who, as labour minister and against great odds, fought for statutory quotas for women on boards, because, how shall I phrase this ...
That represents a near doubling of the current level, according to the report by the federal Advisory Council for women on boards released Thursday in Toronto. Women hold just 15.9 per cent of corporate seats on the 500 largest public and private companies...
BlackBerry chief executive Thorsten Heins could get up to $55.6 million if the embattled company is sold and he is fired, according to securities filings. The Waterloo-based company declined to comment on the figure, saying only that the information is publicly available in documents filed with Canadian securities officials . Under the change of control provisions in his contract, Heins would ...