Yahoo redesign aims to make site more inviting
Yahoo is renovating the main entry into its website in an effort to get people to visit more frequently and stay longer. The long-awaited makeover of ...
Office Depot agrees to buy OfficeMax in stock deal
Office Depot and OfficeMax are being collated. The retailers said Wednesday they have agreed to combine in an all-stock deal worth about $1.2 billion ...
Macy, Penney to spar in court over Martha Stewart
Let the pots and pans fly. Two of the nation's biggest department stores — J.C. Penney and Macy's —began to duke it out in New York State Supreme ...
BHP Billiton CEO to step down in May; profit drops
BHP Billiton, the world's biggest mining company, said Wednesday its chief executive Marius Kloppers will retire in May. The company also announced ...
Novartis chairman foregoes $78 million payout
Swiss drugmaker Novartis AG has agreed with its outgoing chairman to scrap plans for a farewell non-compete deal that could have netted him up to 72 ...
Egypt president's son may be earning $133 a month
The head of Egypt's holding company for airports and aviation says President Mohammed Morsi's son has applied for a job that pays $133 a month ...
India puts $750M Italian helicopter deal on hold
India's Defense Ministry said Friday that it has put a $750 million contract to purchase helicopters from Italian company Finmeccanica on hold amid ...
US Airways lands $11 billion merger with American
US Airways CEO Doug Parker has landed the big merger he sought for years. Now the soon-to-be CEO of the new American Airlines has to make it work.
Finmeccanica names interim CEO
The board of Italian defense and aerospace company Finmeccanica on Wednesday named Chief Operating Officer Alessandro Pansa as interim chief executive ...
Yahoo CEO plans to prune company's mobile apps
Yahoo CEO Marissa Mayer thinks the Internet company will be able to please more people with fewer smartphone applications. Mayer told an audience of ...
Dell's $24.4B deal opposed by major stockholder
Dell Inc.'s decision to sell itself for $24.4 billion to a group led by its founder and CEO is being ridiculed as a rotten deal by a major shareholder ...
TeliaSonera boss quits over Uzbekistan allegations
The chief executive of TeliaSonera resigned Friday after an independent review on alleged bribery by the telecoms company found it had failed to ...
Chesapeake's embattled CEO McClendon to retire
Aubrey McClendon, the brash and embattled CEO of Chesapeake Energy Corp., will leave the company he founded 24 years ago amid philosophical ...
Tsujihara named CEO of Warner Bros
Kevin Tsujihara was named the next chief executive of the Warner Bros. studio, one of the oldest and the largest producers of TV shows and movies in ...
McDonough no stranger to Obama inner circle
In selecting Denis McDonough to be his next and fifth chief of staff, President Barack Obama is tapping a longtime confidant and unflappable ally to ...
Starbucks profit climbs as US cafes thrive
Americans still need their Starbucks fix even in the weak economy. The Seattle-based coffee chain said Thursday its profit rose 13 percent in the ...
China's Huawei criticizes US security complaints
Chinese tech giant Huawei on Monday criticized U.S. claims the company might be a security risk as trade protectionism that harms consumers.
Disney CEO Iger sees 2012 pay rise to $37.1M
Disney CEO Bob Iger's pay package got an 18 percent boost last year to $37.1 million as the company posted record revenue, net income and earnings per ...
New nonprofit to promote Obama agenda
In an unprecedented move, President Barack Obama's vaunted political organization is being turned into a nonprofit group — funded in part by corporate ...
Former TV exec Liguori named Tribune CEO
Former television executive Peter Liguori was named chief executive of Tribune Co., the media conglomerate that recently emerged from a four-year ...
Warsaw exchange chief fired over girlfriend's film
The president of the Warsaw Stock Exchange was fired Thursday for allegedly soliciting listed companies to finance a film featuring his girlfriend, ...
Ex-Nokia CEO Kallasvuo heads TV software company
Former Nokia CEO Olli-Pekka Kallasvuo has joined Swedish TV software company Zenterio as chairman of the board. Kallasvuo, who headed the Finnish ...
Rio Tinto CEO departs after $14BN write-down
The chief executive of mining giant Rio Tinto PLC and another senior executive are stepping down immediately after the company announced a $14 billion ...
Expired license for missing Missoni CEO's pilot
The pilot of the plane that disappeared Jan. 4 over Venezuela with the CEO of Italian fashion house Missoni and five others on board had an expired ...
Alibaba founder Jack Ma stepping down as CEO
One of the world's most successful Internet entrepreneurs, Jack Ma, founder of e-commerce giant Alibaba Group, announced Tuesday he is stepping down ...
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