Corporate Governance

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Herbalife Confirms Illinois Attorney General Investigation

Herbalife Ltd. (NYSE: HLF) has had more than a normal share of investigations and probes of late. Now it turns out that it is confirming a probe from the State ...
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Kodak’s Former CEO Gets Double for Nothing

As a reward for Antonio Perez's outstanding performance as CEO of Eastman Kodak Co. (NYSE: KODK) last year, he received $6.71 million. Perez was named Kodak's CEO in 2005 and ...
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Walmart Starts Wire Transfer Service

In yet another foray into the banking business, Wal-Mart Stores Inc. (NYSE: WMT) announced Thursday morning that it is launching a money transfer service that allows customers to transfer funds ...
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Yahoo! Brings Founder Back to Board

In a proxy filing Wednesday, Yahoo! Inc. (NASDAQ: YHOO) has nominated founder David Filo to the company's board of directors. The company also nominated Charles Schwab, founder of financial services ...
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Workers Say Walmart Chairman Owes $7.8 Billion Tax

A new report from a coalition called Americans for Tax Fairness (ATF) claims that Wal-Mart Stores Inc. (NYSE: WMT), Chairman Rob Walton and the entire Walton family owe the United ...
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GM Management Shake-Up Continues

The people in charge of human resources and public relations at General Motors Co. (NYSE: GM) last week are no longer in the driver's seat. Both have left the company ...
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And Then There Were Three: ADP Loses Triple-A Rating

When Automatic Data Processing Inc. (NYSE: ADP) announced on Thursday that it would spin off its dealer services business, it didn’t take long for the credit ratings agencies to swing ...
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GM Recall Charges Now Up to $1.3 Billion

In yet another blow to the company’s image and profit, General Motors Co. (NYSE: GM) today added the ignition lock cylinder to its recall of 2.2 million older model U.S. ...
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Conoco Sets Goal for Double-Digit Shareholder Returns

At its analyst meeting in New York City Thursday, ConocoPhillips (NYSE: COP) reaffirmed its goal of delivering double-digit annual returns to investors by growing production by 3% to 5% a ...
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Why Icahn Bested eBay

Activist investor Carl Icahn will withdraw both his proposal that eBay Inc. (NASDAQ: EBAY) spin off the company's PayPal business and his two nominations for candidates for the company's board ...
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Jamie Dimon Take Home Pay $11.8 Million for 2013

Being a bank CEO and Chairman is still no easy task in the current climate. In the world of the public reviewing CEO pay, it turns out that Jamie Dimon ...
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Tax

Is the Corporate Tax Rate Really Hurting the Economy at 35%?

This is a million-dollar question, literally. Maybe even a billion-dollar question, given all the lobbying money being spent on the debate. The United States has a top corporate income tax ...
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Intel Restructuring Takes Employee National Morale Day to Costa Rica

Intel Corp. (NASDAQ: INTC) is taking our version of Employee National Morale Day south of the United States, to Costa Rica to be precise. Shortly before the closing bell, Intel ...
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Why a Dividend Hike Merits Some Caution in P&G and Consumer Products

The Procter & Gamble Co. (NYSE: PG), the world's top consumer products giant and a Dow Jones Industrial Average component, made important news on Monday by announcing that it was ...
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Nine CEOs with the Worst Reputations

A good manager understands the contribution of his or her employees. In return, managers often receive the respect of their workers. And indeed, more than two-thirds of American employees approve ...
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