In a recent federal filing before the U.S. Securities and Exchange Commission, lawyers for Apple ( AAPL ) maintained that the tech giant should not have to consider increasing its leadership's ideological diversity and that arguments made in support of greater viewpoint variance were "without merit." X The SEC disagreed , sending Apple's legal team a stunning rebuke...
General Electric ( GE ) now plans to restate earnings for 2016 and 2017 by April 13, after a previous target date for late March came and went. X The industrial giant has said it will adopt a new revenue-recognition accounting standard, an industry standard that it says all companies are required to adopt. But GE management said the process "is taking more time than we originally expected" to finalize, according to a letter to shareholders on Wednesday...
General Electric ( GE ) will cut 2016 and 2017 earnings per share after adopting a new accounting standard and has begun revamping its board of directors. X Separately, Warren Buffett, whose Berkshire Hathaway ( BRKB ) sold most of its GE stock in 2017, said Monday he was "staggered" by GE's financial lapses...
Which is the greater threat to oil and gas industry shareholders — anti-fossil fuel activists dressed in shareholders' clothing or oil and gas industry corporate management? It's a question that Exxon Mobil shareholders now have the opportunity to ponder before the oil giant's May 31 annual shareholder meeting...
The U.K. government proposed changes to the way executive pay is set and company boards are structured in measures that would extend to closely held companies, as Prime Minister Theresa May seeks to crack down on corporate excess ...