Oracle's Ellison: Decade's Pay King
Oracle's Larry Ellison topped the list of best-paid executives of public companies during the past decade, according to a Wall Street Journal analysis of CEO pay. ...Read More »
At BP, Dudley Has a Long To-Do List
As Robert Dudley prepares to take over as chief of BP, his to-do list includes overhauling a U.S. operation tainted by the Gulf oil spill, mending fences with government officials, and possibly making further executive changes at the top....Read More »
EU Opens Formal Probe Against IBM
Reanimating long-dormant scrutiny of IBM, EU antitrust authorities said they have opened formal investigations into Big Blue's conduct in the market for powerful mainframe computers....Read More »
Markets Say Growth Trumps U.S. Deficits
U.S. bond yields are declining during an economic expansion and Tim Geithner is selling 2-year notes with the lowest rates ever...Read More »
U.S. Backs iPhone Apps ‘Jailbreaking’
Library of Congress says owners can unlock the iPhone to use unauthorized apps, which could open Apple to lawsuits over its software restrictions ...Read More »
FedEX and home sales data lift Wall Street (Reuters)
Reuters - U.S. stocks rose on Monday after an upbeat outlook from FedEx and solid home sales data cheered investors, helping the S&P 500 hold above a key resistance level....Read More »
BP set to replace CEO Hayward (Reuters)
A response vessel is seen along a line of emulsified oil between the Deepwater Horizon oil spill site and the Louisiana coast in the Gulf of Mexico, Monday, July 26, 2010. (AP Photo/Gerald Herbert)Reuters - BP Plc is expected to install an American known for diplomacy as chief executive, replacing Tony Hayward who has come under fire for his gaffe-prone handling of the worst oil spill in U.S. history....Read More »
Home sales surge in June (Reuters)
Reuters - Sales of new U.S. single-family homes rebounded strongly in June from the prior month's record low, driving the number of houses on the market to its lowest level in nearly 42 years....Read More »
