Google CEO Larry Page Looses His Voice
Chief Executive Larry Page, billionaire and co-founder of Google has lost his voice, missed the Company’s annual meeting Thursday and he will miss two other important engagements over the next several weeks, but More...
Nokia Cuts 10,000 Jobs
Nokia Corp. announced plans to revamp its ailing business, saying it intends to cut 10,000 jobs, close factories and research facilities, and name new heads of mobile phones and sales, reported the Wall Street Journal More...
Hermès Names New CEO
Hermès International Tuesday named a sixth-generation Hermès family member to succeed Chief Executive Patrick Thomas, as the Company continues its brisk expansion which stems from robust demand of the luxury products. Hermes More...
Best Buy Chairman to Resign Following Internal Probe
Best Buy Co. founder Richard Schulze is set to step down as chairman next month following an internal probe allegedly found that he did not alert other directors that his chosen successor as chief executive, Brian More...
Third Point Continues To Call for Yahoo! CEO Scott Thompson to Step Down
Daniel Loeb has not backed down in his efforts to have CEO Scott Thompson fired for the embellished academic record on his resume. Even after Yahoo! announced Tuesday that it formed a board committee to investigate More...
Starbucks Names Former Secretary of Defense Robert Gates as New Board Member
Starbucks Corp. announced Wednesday that former US Secretary of Defense Robert Gates has been named to its 11-member board reported the Wall Street Journal. Gates served as defense secretary from 2006 until June More...
Union Workers Strike at Illinois Caterpillar Plant
While protesters hit the streets for May Day rallies around the world to rally against austerity measures and call for higher wages and more jobs, union workers began a strike early Tuesday at a Caterpillar Inc. More...
Two More Secret Service Agents Resign
The saga continues in a scandal that has rocked the nation as two more U.S. Secret Service agents resign and the agency is in the midst of ousting another. This all taking place, as the agency reached decisions More...
Amazon’s CEO Received $1.68 Million Total Compensation for 2011
Jeffrey Bezos, Amazon’s chief executive is one of the lowest paid CEO’S, earning $1.68 million in total compensation for 2011, the same amount he did the previous year, according to a filing with the Securities More...
Sony to Cut 10,000 Jobs
Sony Corporation plans to cut an estimated 10,000 jobs, or about 6 percent of its total global workforce, as part of a restructuring plan by CEO Kazuo Hirai, reported the Wall Street Journal Monday, citing people More...
