Corporate Governance

Blue Apron CEO Salzberg Needs to Be Fired

The most recent sign that recent IPO Blue Apron Holdings Inc. (NYSE: APRN) is in deep trouble is that the company announced it will lay off employees. It has only ...
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6 Most Important Things in Business Today

Long-time American Express Co. (NYSE: AXP) CEO Kenneth Chenault will step down. He leaves a mixed record as the company has been troubled by the success of other credit cards ...
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6 Most Important Things in Business Today

Roy Price, the head of Amazon Studios, a division of Amazon.com Inc. (NASDAQ: AMZN), who was accused of sexual harassment, has quit. He had been put on leave, and his ability ...
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Why the Markets May Be Over-Emphasizing GE’s Coming Earnings Impact

General Electric Co. (NYSE: GE) used to be one of the most important companies in the world. By some arguments the conglomerate still is extremely important. After all, having $120 ...
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Nordstrom Suspends Plan to Take Company Private

Family members of the board of tony retailer Nordstrom Inc. (NYSE: JWN) Monday notified the board that they have suspended exploration into taking the Seattle-based company private. Shares of Nordstrom ...
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Is It Time to Abandon Ship on Sears?

Sears Holdings Corp. (NASDAQ: SHLD) saw its shares take a step back early on Monday after it was announced that there would be a big change in its board of ...
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6 Most Important Things in Business Today

The CEO of scandal plagued Samsung will step down. Chief Executive and Vice Chairman Kwon Oh-hyun said the company faced an "unprecedented crisis" and needed new leadership. The FAA ordered Airbus ...
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CEO Departures in Q3 Fewest Since 2010, Says Challenger Gray

The number of chief executive officers who left their jobs in the third quarter declined 15% to 299 from 320 from the same period of a year ago, and it ...
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Procter & Gamble Declares Victory in Proxy Vote

A preliminary count by Procter & Gamble Co.'s (NYSE: PG) proxy solicitors indicates that P&G shareholders elected all 11 of the company-backed directors. Activist investor Nelson Peltz of Trian Fund ...
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Will GE Dump Some Board Members?

General Electric Co. (NYSE: GE) has dismissed its chief financial officer and added a new board member. In a final move, new Chairman and CEO John Flannery might want to ...
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6 Most Important Things in Business Today

The chief of the Environmental Protection Agency (EPA) wants to end credits for wind power in an attempt to help the coal industry. According to Bloomberg: Tax incentives for the wind ...
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How Tax Reform Could Help Apple

Apple Inc. (NASDAQ: AAPL) has been the subject of much scrutiny in how the company deals with its taxes, or as some law makers would say, avoids its taxes. This ...
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GE Adds Trian Co-Founder to Board, Stock Price Tumbles Anyway

CEO John Flannery continues to make waves at General Electric Co. (NYSE: GE). After replacing three top executives last Friday, the company announced Monday morning that the co-founder of activist ...
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GE Dumps Immelt’s 3 Vice Chairman

General Electric Co.'s (NYSE: GE) new board chair and chief executive, John Flannery, has purged the top end of former CEO Jeff Immelt's executive team, firing all three of the ...
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6 Most Important Things in Business Today

Tesla Inc. (NASDAQ: TSLA) said a "production bottleneck" had caused slow production of its new Model 3. Its shares dropped on the news. Facebook Inc. (NASDAQ: FB) disclosed the number ...
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