Corporate Governance

New CEO Will Struggle at Chipotle

Chipotle Mexican Grill Inc. (NYSE: CMG) has hired a well-regarded executive from Yum! Brands Inc. (NYSE: YUM) to be its new chief executive officer. He has run the Taco Bell ...
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Mastercard Closing the Pay Gap for Women

Mastercard Inc. (NYSE: MA), in its commitment to gender equality, recently released a report updating the public on its gender equity practices. This is part of the firm’s movement to ...
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Is This the End of Axovant?

Axovant Sciences Ltd. (NASDAQ: AXON) saw its shares take a big step back to start out the week after the company announced that there would be some changes at the ...
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Newell Brands in Proxy Fight With Activist Investor Starboard Value

Consumer products maker Newell Brands Inc. (NYSE: NWL) announced Friday morning that the company has been notified by activist investor firm Starboard Value and Opportunity Master Fund will challenge the ...
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6 Most Important Things in Business Today

Walmart Inc. (NYSE: WMT) is pressing to sell more products that have price points above $10. According to Reuters: Walmart Inc is asking vendors to supply it with more merchandise ...
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January CEO Exits at Highest Rate in 8 Years

In the first month of 2018, 132 CEOs left their jobs, according to the latest report from outplacement firm Challenger, Gray & Christmas. That's the highest monthly total since February ...
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Lululemon Sharply Underperformed Market During Fired CEO’s Tenure

The chief executive of Lululemon Athletica Inc. (NASDAQ: LULU) is gone, dismissed by the company's board. In Wall Street's view, it is not a loss. Under Laurent Potdevin's management, the ...
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Fed Says Wells Fargo Must Restrict Growth, Change Board in Face of Abuses

The Federal Reserve took a step to curb the growth of Wells Fargo & Co. (NYSE: WFC) in the face of a number of abuses by the bank. It is ...
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Lincoln Suffers Crippling Loss of Sales in January

Ford Motor Co. (NYSE: F) has promised that its luxury car operation, the Lincoln Motor Company, eventually would rebound to a level where it is a global competitor in the ...
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Amazon, Berkshire, JPMorgan Combine to Lower Health Care Costs

In an announcement Tuesday morning that is roiling health care provider stocks, Amazon.com Inc. (NASDAQ: AMZN), Berkshire Hathaway Inc. (NYSE: BRK-A), and JPMorgan Chase & Co. (NYSE: JPM) said the ...
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Ford China Head Departs After Just 5 Months on the Job

Ford Motor Co. (NYSE: F) announced Monday morning that Jason Luo, the board chair and chief executive of Ford China, resigned effective immediately. Luo joined Ford in September of last ...
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Why Newell Shares Are Crumbling

While the recent tax reform has resulted in raises for employees and more jobs coming to the United States, Newell Brands Inc. (NYSE: NWL) is moving in the opposite direction ...
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Abercrombie & Fitch Wins Big With Q4 Guidance

Abercrombie & Fitch Co. (NYSE: ANF) shares made a handy gain to kick off the week after the company issued a business update. Besides shuffling some board members, this retailer ...
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It May Not Matter Who Runs Twitter

Several media posted rumors that the number two executive at Twitter Inc. (NYSE: TWTR), Anthony Noto, may leave for startup Social Finance, a loan financing company. Twitter is in enough ...
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Facebook Adds Amex’s Chenault as First Black Board Member

Facebook Inc. (NASDAQ: FB) added American Express Co. (NYSE: AXP) board chair and chief executive, Kenneth I. Chenault, to its board. He is the first person of color in that ...
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