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Articles from CNNMoney
money.cnn.com
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The Power of More Than One Woman on a Board
Read Full ArticleThree is a powerful number, especially when it comes to putting women in positions of power. Within a boardroom, one woman — or even two — isn't enough to shift a culture, research shows...
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It's Time for Corporate Boards to Tackle #MeToo
Read Full ArticleEven at the very top of American business, people hesitate to openly discuss sexual harassment. An April 2018 Boardlist survey revealed 57% of board members said their group still hadn't discussed sexism at work or the far-reaching impact of the #MeToo movement...
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New York Fed, a Wall Street Watchdog, Picks John Williams as New President
Read Full ArticleJohn Williams just became one of the most powerful people in the United States who is neither elected nor confirmed by Congress. Williams on Tuesday was named president of the New York Federal Reserve Bank, which acts as a watchdog for Wall Street and oversees the infrastructure of financial markets...
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Breaking News: GE is Under SEC Investigation
Read Full ArticleGE (GE) said on Wednesday that regulators are investigating a $6.2 billion insurance loss that the company revealed last week. The disclosure is a new and potentially much more serious problem for a company already reeling from missteps and questionable management decisions...
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Why Bill Ackman is Taking on ADP
Read Full ArticleActivist investor Bill Ackman tells Christine Romans why he's battling the payroll company for seats on its board...
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Samsung: We Don't Need to Change ... Too Much
Read Full ArticleSamsung's deep reach into daily life Samsung Electronics likes itself just the way it is. The South Korean tech giant on Thursday rejected pressure from an activist shareholder for a major overhaul of its complicated structure. After a months-long review , Samsung ( SSNLF ) announced it has decided against switching to a holding structure, saying such a move doesn't have "clear benefits."
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America's CEOs Plan to Hire at Fastest Pace in 3 Years
Read Full ArticleThe Rust Belt gave Trump his victory. Now these voters want jobs. President Trump's promises to slash taxes and rip up regulations are making America's CEOs more confident about hiring workers. A new Business Roundtable survey of CEO projections for hiring, investments and sales growth over the next six months jumped by the most since the fourth quarter of 2009...
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Wells Fargo Admits to Signs of Worker Retaliation
Read Full ArticleAfter Wells Fargo admitted last fall to creating as many as 2 million fake accounts, nearly half a dozen former employees told CNNMoney they were retaliated against after they tried to stop these illegal sales tactics...
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Wall Street Hates the Volcker Rule. Will Trump Finally Kill It?
Read Full ArticleThe Volcker Rule Explained Big banks shouldn't act like hedge funds by making dangerous bets that can ruin the economy. That's the principle behind the Volcker Rule, a controversial part of the post-crisis Wall Street reform. The rule prohibits banks like Goldman Sachs or JPMorgan from making risky wagers with their own money and bans them owning big stakes in hedge funds or private-equity firms. The banks hate it...
Mentions: Dodd-Frank -
Wells Fargo Scandal Spreads to Prudential Insurance
Read Full ArticleWells Fargo scandal spreads to Prudential insurance by Matt Egan @mattmegan5 December 12, 2016: 12:45 PM ET Buffett: Wells Fargo is 'a great bank that made a terrible mistake' It may not have been just fake bank and credit card accounts. Now there are allegations that Wells Fargo customers were sold Prudential insurance products they didn't want....
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Visa CEO Quits, Says He Can't Work In San Francisco
Read Full ArticleVisa CEO Charlie Scharf is stepping down, saying he needs to spend more time with this family on the East Coast of the United States -- and away from Visa's San Francisco headquarters...
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Top-Paid CEOs Aren't Very Good at their Jobs - Jul. 27, 2016
Read Full ArticleInvestors should be wary of CEOs that take home excessive paychecks and bonuses. A new report from MSCI has found that better paid CEOs tend to run worse performing companies, while their underpaid peers achieve significantly better results...
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Oprah Just Lost $27 Million on Weight Watchers
Read Full ArticleWeight Watchers reported a surprise loss as fewer subscribers signed up for the diet service. So much for Oprah Winfrey's Midas touch?
Mentions: Board of Directors -
Who Will Succeed Sumner Redstone at Viacom?
Read Full ArticleThe future of Viacom may be decided in the next few hours. The beleaguered company's board of directors will meet on Thursday to consider naming a new chairman to succeed Sumner Redstone...
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Twitter Surges on Yet Another Takeover Rumor
Read Full ArticleDoes Twitter's only hope lie with a #takeover? Wall Street seems to think so. The stock surged nearly 10% Monday following a report on tech news site The Information suggesting that venture capitalist Marc Andreessen -- a prolific tweeter -- may want to team up with private equity firm Silver Lake on a deal to buy Andreessen and Silver Lake did buy a majority stake in Skype in 2009 from and eventually cashed in by selling it to ...
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Xerox is Splitting into Two Companies
Read Full ArticleXerox announced on Friday that it would become two, separate companies. The first company will focus on helping businesses process vast troves of documents. It will help customers with printing services, payment processing and digitizing paper documents. That was an $11 billion business for Xerox last year. The second company will help customers outsource key business processes, including HR, customer care and accounting. It will also help customers automate some of their own processes...
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GM Just Poured $500M into this Uber Rival
Read Full ArticleGM invests $500 million in Uber competitor Lyft. The two companies form a strategic partnership to create network of autonomous vehicles...
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TowneBank Announces Agreement to Acquire Monarch Financial Holdings, Inc. and Monarch Bank
Read Full ArticleMonarch Chairman, Jeffrey F. Benson, will join the TowneBank Corporate Board along with Monarch Directors, Elizabeth T. Patterson, Dwight E. Schaubach and Robert M. Oman. Schwartz, Crawford and Morrison will also join the board. Monarch Directors ...
Mentions: Board of Directors -
Pacific Mercantile Bancorp Appoints David J. Munio to Board of Directors
Read Full ArticleCOSTA MESA, Calif., Dec. 16, 2015 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC) (the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), today announced the appointment of David J. Munio to the board of directors ...
Mentions: Board of Directors -
InterDigital Chief Technology Officer Named to Alliance for Telecommunications Industry Solutions Board of Directors
Read Full ArticleWILMINGTON, Del., Dec. 15, 2015 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that its Executive Vice President, InterDigital Labs, and Chief Technology Officer, Dr. Byung K.
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AIM Exploration Announces Appointment of Dr. Carlos Arias Eguiguren to the Board of Directors
Read Full ArticleAIM Exploration Inc. (OTCQB: AEXE) is pleased to announce the appointment of Dr. Carlos Arias Eguiguren to its board of directors. Dr. Arias, 53, has sustained a long and distinguished career in the mining industry throughout the world. Dr. Arias is also a ...
Mentions: Board of Directors -
Tuesday Morning Corporation Announces The Appointment Of Steven R. Becker As CEO
Read Full ArticleWhile Mr. Becker will continue to serve on the Company's Board of Directors, Lead Independent Director Terry Burman will assume responsibilities as Board Chair. Mr. Burman brings specialty retail experience to the Chairmanship, including serving as CEO of ...
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One Hedge Fund's Plan to Fix Yahoo: Fire 9,000 - and Marissa Mayer too
Read Full ArticleAn activist shareholder wants to bring back the Yahoo sign (among other plans to save the company). An activist shareholder is calling for Yahoo to radically change its strategy, fire CEO Marissa Mayer and even revert to its old logo. Eric Jackson ...
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