Blog
Brian Moynihan will keep his dual role as Bank of America Corp.’s chairman and chief executive officer after shareholders voted to ratify governance changes made last year. The Charlotte, North Carolina-based lender had called the special meeting after angering some investors by undoing a 2009 shareholder-backed bylaw requiring an independent chairman. Moynihan, nearing his sixth year leading Bank of America, survived a campaign by pension funds and proxy advisers seeking
Coca-Cola disclosed Tuesday that it spent $118.6 million on health research and partnerships in the U.S. over the past five years, including funding for a group that was criticized for downplaying the …
Groupon is shutting operations in Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand and Uruguay after exiting Greece and Turkey, the company said in a separate blog post on Tuesday. Groupon, which had about 11,800 employees globally at the end of December, said that it expected to complete the job cuts, mainly in sales and customer service, by September 2016. Markets outside North America accounted for about 43 percent of
Treatment will include chemotherapy over the next several months in New York, Blankfein said in a statement on the bank’s website. While Blankfein, 61, is undergoing chemotherapy, other senior bank officials will assume some of his responsibilities in dealing with the public, including Chief Operating Officer Gary Cohn, the second highest ranking executive, a person familiar with the matter said. Blankfein said he will curtail some travel while he is
The crisis enveloping Volkswagen AG, the world’s top-selling carmaker, escalated Tuesday as the company issued a profit warning following a stunning admission that some 11 million of its diesel vehicles …
Hillary Rodham Clinton is laying out a new plan to rein in the rising cost of prescription drugs, seeking to build upon President Barack Obama’s health care law. The Democratic presidential candidate’s …
General Mills Inc, the maker of Cheerios cereal and Yoplait yogurt, reported a better-than-expected quarterly net profit as U.S. sales showed further recovery. The company’s shares rose 1.7 percent to …
Time to turn up to some viola, y’all! When Drake rapped about runnin’ through the 6 with his woes we had no idea he was talking about the members of the Toronto Symphony…
Lea Michele is definitely the queen of scream! The former Glee star dished on her newest role in the Fox horror comedy Scream Queens, during an appearance on The…
Laverne Cox has seen every episode of I Am Cait! After Sunday night’s 2015 Emmy Awards, the Orange Is the New Black star talked to E!’s Will…
