Using a strategy called zero-based budgeting, its managers must justify all expenses, from pencils to forklifts. Its investment approach has attracted backers ranging from bil ..
Citigroup Inc's board of directors cut Chief Executive Officer Michael Corbat's compensation by 6 percent last year after the bank missed financial targets and one-t ..
Bank of America Corp's (BAC.N) board awarded Chief Executive Officer Brian Moynihan $20 million for his work last year, the largest pay package he has received since taki ..
Brad Grey, the chairman and chief executive officer of Viacom Inc's Paramount Pictures film studio is expected to leave with an announcement coming as early as next week, ..
Directors said in the filing that they considered Corbat's success in winning Federal Reserve approval for the company's capital plan, as well as positive feedback f ..
U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (WMT.N) next week for signs on whether the recent market rally ..
U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday ..
Japan's SoftBank Group Corp (9984.T) is prepared to give up control of Sprint Corp (S.N) to Deutsche Telekom AG's (DTEGn.DE) T-Mobile US Inc (TMUS.O) to clinch a mer ..
After suffering losses for most of the session, the Dow and S&P 500 turned positive in the final minutes of a week fueled by the "Trump Rally" that has seen stoc ..
President Donald Trump promised to boost U.S. manufacturing and punish companies for moving jobs overseas during a visit on Friday to a South Carolina Boeing Co (BA.N) plant t ..