Corporate Governance
More than 660 U.S. CEOs have left their jobs in the first half of this year. While the total is down by nearly 9% year over year, job cuts announced by U.S. firms are up by 379% in the same period.
2 days ago
Aircraft maker Airbus is expected to announce that it will fire more than 14,000 workers as the company struggles to overcome the effects of the COVID-19 outbreak on demand for air travel and new...
10 days ago
Last Updated: 9 days ago
Occidental Petroleum has announced an offer to repurchase some $1.5 billion in outstanding senior debt and filed to offer new debt with longer maturities.
15 days ago
Dell reportedly has begun exploring options for its 81% stake in cloud-storage company VMware.
16 days ago
Tokyo-based SoftBank said it will sell about two-thirds of its stake in T-Mobile as the Japanese firm tries to recover from big losses in its most recent fiscal year.
17 days ago
American Airlines has reportedly added $500 million to the amount the company plans to raise in new debt and stock offerings, bringing the total raised to $4 billion.
17 days ago
Automaker Fiat Chrysler is reportedly near a deal for $7.1 billion in Italian-government backed loans to guarantee liquidity as the country recovers from the COVID-19 pandemic. But the deal may be...
18 days ago
After a relationship that had lasted 110 years, GE will replace KPMG as its independent auditing firm beginning next year. Deloitte has been selected as GE's new auditor.
18 days ago
American Airlines is the latest of the major U.S. carriers to raise capital as the industry suffers through its worst crisis ever.
18 days ago
Only a few weeks after beginning to reopen its 800 or so retail stores, Apple has decided to close 11 stores in four states for a second time as COVID-19 cases spike.
21 days ago
An update on its gaming and racing properties helped boost Penn National Gaming shares to close out the week.
21 days ago
T-Mobile dropped a number of announcements this week, including a massive increase in the number of postpaid subscriber additions it expects in the second quarter.
22 days ago
Oil supermajor BP is issuing some $12 billion in new debt as it works to beef up its balance sheet ahead of a second-quarter asset impairment that could go as high as $17.5 billion.
22 days ago
AT&T plans to fire 3,400 technical and clerical workers and close more than 250 stores costing another 1,900 people their jobs. The company may also be trying to sell its gaming division and is...
23 days ago
The European Commission on Tuesday announced three probes into Apple's requirements for how app developers must pay for in-app purchases and how they are not allowed to offer their apps at different...
24 days ago