TheRepublic.com - Corporate governance News

News Corp. OKs poison pill, buyback before split

Fri, 24 May 2013 19:55:14 -0400

LOS ANGELES - News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.

On top of big salaries, companies pile on perks

Wed, 22 May 2013 23:13:30 -0400

NEW YORK - Wynn Resorts pays for founder and CEO Steve Wynn's residence at its tony Las Vegas hotel and casino at a cost of nearly $452,000.

Median CEO pay rises to $9.7 million in 2012

Wed, 22 May 2013 18:22:48 -0400

CEO pay has been going in one direction for the past three years: up.

'Boom Town Baby': African stock markets see gains

Wed, 22 May 2013 13:25:37 -0400

NAIROBI, Kenya - The barrage of hourly tweets sent out by Aly-Khan Satchu - East Africa's version of CNBC's Mad Money host Jim Cramer - cheers on what Satchu says is a growing sentiment among investors: If you're not investing in Africa, you should be. Or as Satchu loudly proclaims on his Twitter feed or newspaper column: "ITS BOOM TOWN BABY."

JPMorgan's Dimon survives shareholder referendum

Tue, 21 May 2013 18:46:55 -0400

TAMPA, Florida - Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members.

Ex-Saab executives arrested on accounting charges

Mon, 20 May 2013 12:42:29 -0400

STOCKHOLM - A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges.

Strategic Hotels to end shareholder rights plan

Mon, 20 May 2013 10:39:02 -0400

CHICAGO - Strategic Hotels & Resorts Inc. expects to end its shareholder rights plan no later than mid-June.

Google CEO discloses 'rare' vocal cord problem

Tue, 14 May 2013 18:00:09 -0400

SAN FRANCISCO - Google CEO Larry Page has disclosed a problem with his vocal cords that makes it difficult for him to speak and breathe occasionally, but he says he remains fit enough to keep running the Internet's most influential company.

Pa. governor, officials detail gifts, free travel

Wed, 01 May 2013 18:39:09 -0400

HARRISBURG, Pennsylvania - Pennsylvania state lawmakers, the governor and other public officials are disclosing gifts, travel and other financial details in annual disclosure reports that were due Wednesday to the State Ethics Commission.

Virginia Dems renew call for Cuccinelli to resign

Mon, 29 Apr 2013 18:47:09 -0400

RICHMOND, Virginia - Virginia Democrats renewed their demands Monday that Republican Attorney General and gubernatorial candidate Ken Cuccinelli resign after Cuccinelli belatedly disclosed about $13,000 worth of gifts on Friday that he claimed he forgot to note in four years' worth of economic disclosure reports.