After relocating to Zurich last spring to run Credit Suisse Group AG as chairman, António Horta-Osório flew to London and Lisbon for work meetings and business events, then spent time with his family at homes there...
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s stock plummeted more than 80% from its high, as growth slowed. Blackwells Capital LLC has a significant stake of less than 5% in Peloton and is preparing to push the company’s board to fire CEO John Foley and pursue a sale, according to people familiar with the matter...
JPMorgan Chase & Co. is paying Chief Executive Jamie Dimon $34.5 million for a record-breaking 2021, $3 million more than he made in the previous two years...
A labor-market squeeze and evolving regulatory pressures are driving demand for compliance officers. Competition for such talent has heated up in recent months as companies fear they will be short-staffed at a time of rapid growth and increasing regulatory scrutiny, and businesses are luring compliance staff with salary increases, remote-working opportunities and company equity...
Swiss bank has endured repeated scandals and executive departures, but done well on many scoring systems designed to spot nonfinancial risks...
Microsoft Corp.’s board of directors on Thursday said it would review the company’s sexual harassment and gender discrimination policies and unveil a summary of the results of past investigations into how the company handled allegations against company executives, including co-founder Bill Gates...
For America’s public companies, election day comes every year when common shareholders get to vote on directors, executive compensation and other company issues. But if you are an investor whose primary exposure to stocks is through mutual funds and retirement accounts, your role in this “shareholder democracy” is likely to be limited. That’s because votes aren’t typically awarded to small investors in mutual funds or exchange-traded funds...
With employers gearing up to boost spending on pay in 2022, there has rarely been a better time to go after a raise...
Dealogic data shows private-equity firms backed more than $400 billion in U.S. tech deals last year, up from about $196 billion in 2020...
U.S. companies are turning to programs aimed at preparing women and people of color for corporate board roles in a bid to comply with calls from regulators and investors to diversify their directors. Law firms, universities and current directors of companies have launched new or expanded programs over the past few years to coach prospective board candidates, offering training on topics from corporate governance to committee work...
Mark Zuckerberg has been criticized by privacy advocates, parents critical of social media, and politicians on Capitol Hill. But in one respect, the Meta Platforms CEO is the model executive. Mr. Zuckerberg trades shares in his company each trading day, ensuring that his diversification is done randomly and avoiding any possibility that he benefits from insider information...
Riot Games, the company behind videogames such as League of Legends and Valorant, has agreed to pay $100 million to settle female workers’ allegations of gender discrimination...
Elon Musk has exercised the final batch of a package of vested Tesla Inc. stock options that have underpinned several weeks of share dealings by the chief executive...
Activist investor Starboard Value LP has a sizable stake in GoDaddy Inc. and plans to push the domain registrar to boost its performance. Starboard controls a roughly 6.5% stake in the company worth around $800 million, according to people familiar with the matter. While the hedge fund’s exact plans couldn’t be learned, Starboard typically pushes the companies it invests in to boost profit margins or improve performance in other ways and often seeks seats on their boards...
When Dean Allison left his job as a property manager at AT&T T 0.36% in 1998, the company offered an incentive to retire: a payment of at least $63,000 upon his death. He took the deal, figuring the money would someday help his wife cover funeral expenses, pay outstanding bills and have more to live on...
Billionaire Elon Musk, the world’s richest person, said he will pay more than $11 billion in taxes this year. The Tesla Inc. chief executive made the disclosure in a tweet on Sunday without offering additional details...
Defense lawyer Kevin Downey laid out what he said are five bodies of ... Mr. Downey said, Ms. Holmes created advisory boards of top scientific and ...
Facebook is facing more calls from shareholders to address harm on its platforms and overall governance as the company, now known as Meta Platforms Inc., responds to pressure from lawmakers and others...
The Empire State Building , completed in 1931, has seen 15 recessions. Jonathan Litt thinks the pandemic could be the event that makes a long-term dent in the building’s fortunes...
Nestlé S.A. has agreed to reduce its stake in L’Oréal SA in a $10 billion deal that allows the world’s biggest packaged-foods maker to capitalize on a rally in the French beauty giant’s share price...
Nasdaq Inc. is poised to beat the New York Stock Exchange in initial public offerings this year, far outpacing its crosstown rival during a record year for capital raised in U.S. public markets...
Walt Disney Co. ’s board of directors has elected Susan Arnold its new chairman, replacing Robert Iger, the longtime chief executive who is set to depart from the company later this month...
Activist investor Ancora Holdings Inc. is pushing Berry Global Group Inc., a packaging manufacturer with a roughly $9 billion market value, to explore a sale. Ancora, which owns about 1% of Berry Global, is urging it to explore strategic alternatives including a possible sale and make other changes, according to a copy of a letter the activist sent to the company’s board Sunday that was viewed by The Wall Street Journal...
Mr. Musk has spurned Mr. Dimon’s JPMorgan Chase & Co. for years, turning to other banks while expanding Tesla Inc. and his broader empire. Conversations over the years between the two companies have often upset one side or the other, according to people familiar with the matter...