PG&E names TVA’s William Johnson as CEO, reshuffles board
FILE PHOTO: Pacific Gas and Electric (PG&E) trucks are seen parked on a road between homes destroyed by the Tubbs…
Exclusive: Renault alerts prosecutors to Oman dealer payments in Ghosn era
PARIS (Reuters) – Renault has alerted French prosecutors to payments made to a Renault-Nissan business partner in Oman under former…
Wells Fargo CEO Tim Sloan steps down
(Reuters) – Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as chief executive, becoming the second…
Nissan committee says facts point to legal violations by former chairman Ghosn
YOKOHAMA, Japan (Reuters) – An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts…
Federal charges for former UAW vice president in corruption probe
WASHINGTON (Reuters) – U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of…
Exclusive: Sanofi says working on CEO succession plan
PARIS (Reuters) – Pharmaceuticals group Sanofi is working on a plan to find a new CEO in agreement and consultation…
Long before Trump’s trade war with China, Huawei’s activities were secretly tracked
(Reuters) – The surprise arrest of Huawei’s chief financial officer in December quickly turned the executive, Meng Wanzhou, into a…
Exclusive: Huawei plans billions in dividends for staff despite row with U.S. – sources
HONG KONG (Reuters) – China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends…
Merck CEO Frazier to testify at Senate drug pricing hearing
NEW YORK/WASHINGTON (Reuters) – U.S. drugmaker Merck & Co Inc said on Tuesday that its Chief Executive Ken Frazier plans…
Insys founder ran bribe scheme to push opioid: U.S. prosecutor
BOSTON (Reuters) – Insys Therapeutics Inc’s one-time billionaire founder directed a vast scheme to bribe doctors to prescribe an addictive…
France warns against ‘exorbitant’ payoff for ex-Renault boss Ghosn
PARIS (Reuters) – France’s finance minister said on Sunday a severance package for former Renault chief Carlos Ghosn, forced to…
JPMorgan board raises Dimon’s compensation to $31 million
NEW YORK (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon is receiving a 5 percent raise, bringing his…
France presses Renault over executive compensation paid via Dutch holding company
PARIS (Reuters) – The French government has told Renault (RENA.PA) to provide more details on compensation paid to senior executives…
German state of Baden-Wuerttemberg sues VW for damages: FAZ
FILE PHOTO: A Volkswagen logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018.…
Nissan’s Ghosn to make first public appearance in 7 weeks in court on Tuesday
TOKYO (Reuters) – Ousted Nissan Motor Co Ltd (7201.T) chairman Carlos Ghosn is set to make his first public appearance…
Hertz Global to pay $16 million fine to settle accounting case: SEC
FILE PHOTO: A Hertz logo is pictured on a sign at Orlando International Airport in Orlando, Florida, U.S., May 6,…
Exclusive: Netflix poaches CFO from Activision Blizzard – source
The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. REUTERS/Mike Blake/File Photo (Reuters) –…
New Jersey clinic sued after HIV infection warning
NEW YORK (Reuters) – A former patient has filed the first lawsuit against a New Jersey surgery center that may…
French court fines oil group Total in Iran bribery case
PARIS (Reuters) – A Paris court fined French oil and gas group Total (TOTF.PA) 500,000 euros ($570,000) on Friday for…
Physician assistant faces U.S. trial over Insys opioid kickbacks
(Reuters) – A former physician assistant is set to face trial in New Hampshire on Wednesday over charges he accepted…
Olympus unit pleads guilty to resolve U.S. duodenoscope probe
(Reuters) – An Olympus Corp subsidiary pleaded guilty on Monday and agreed to pay $85 million to resolve charges that…
Huawei CFO seeks bail, cites health fears behind bars: court documents
Meng Wanzhou, Executive Board Director of the Chinese technology giant Huawei, attends a session of the VTB Capital Investment Forum…
Huawei CFO bail hearing to resume in Canada as Beijing steps up pressure
TORONTO/BEIJING (Reuters) – A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on…
BMW names Vukotich as new head of autonomous driving development
FILE PHOTO: A BMW logo is seen at a car dealership in Vienna, Austria, May 30, 2017. REUTERS/Heinz-Peter Bader FRANKFURT…
Canadian PM: no political interference in Huawei arrest decision
FILE PHOTO – Canada’s Prime Minister Justin Trudeau speaks during the Assembly of First Nations Special Chiefs Assembly in Ottawa,…
Exclusive: U.S. probe of China’s Huawei includes bank fraud accusations – sources
WASHINGTON (Reuters) – Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S.…
Unilever CEO retires after headquarters row, replaced by insider Jope
LONDON (Reuters) – Unilever’s (ULVR.L) Chief Executive Paul Polman will step down next month after 10 years in the job,…
Exclusive: Visa, Mastercard offer tourist card fee cut in EU antitrust probe – sources
BRUSSELS (Reuters) – Visa and Mastercard have offered to trim the fees merchants pay on card payments by tourists in…
Nissan ends Ghosn’s two-decade reign with last-minute Renault backing
YOKOHAMA, Japan/PARIS (Reuters) – Nissan’s (7201.T) board voted unanimously to oust Chairman Carlos Ghosn over allegations of financial misconduct, after…
U.S. SEC fines Citibank more than $38 million for mishandling ADRs
Commuters walk past a Citibank branch in the Manhattan borough of New York, U.S., March 18, 2017. REUTERS/Ashlee Espinal WASHINGTON…
Dividend windfall: Santander latest target in Germany’s giant fraud probe
FRANKFURT (Reuters) – Spain’s Santander (SAN.MC) is the latest bank to be caught up in Germany’s biggest post-war fraud investigation…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
Headwinds before takeoff for new Thai Airways team
BANGKOK (Reuters) – Struggling national carrier Thai Airways International PCL is pinning hopes of a revival to its 1990s heyday…
JP Morgan chief Dimon says shouldn’t have made remarks about Trump
WASHINGTON (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon on Sunday said he regretted comments that he was…
Tesla executive exits, CEO smokes pot on webcast, shares reel
(Reuters) – Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana, drinking whiskey and wielding a sword just hours…
Elliott demands fresh revamp at Hyundai Motor Group
SEOUL (Reuters) – U.S. activist hedge fund Elliott Management has renewed its pressure on Hyundai Motor Group with a fresh…
Akcea Therapeutics to cut about 10 percent of workforce
(Reuters) – Akcea Therapeutics Inc said on Thursday it planned to cut its workforce by about 10 percent after the…
Steinhoff’s former CEO says not aware of accounting irregularities
CAPE TOWN (Reuters) – Steinhoff’s (SNHJ.J) former chief executive Markus Jooste was not aware of any accounting irregularities when he…
JD.com’s CEO was arrested on allegation of rape: police
MINNEAPOLIS/SHANGHAI (Reuters) – The CEO of Chinese online retail giant JD.com Inc, Richard Liu, was arrested in Minneapolis last week…
JD.com’s billionaire CEO released after U.S. arrest
BEIJING (Reuters) – The billionaire founder and chief executive of Chinese e-commerce giant JD.com Inc (JD.O), Richard Liu, was arrested…
Out of Sorrell’s shadow, Mark Read poised for top job at ad giant WPP
(Note strong language in final paragraph) FILE PHOTO: Mark Read, Co-Chief Operating Officer of advertising agency WPP leaves following their…
Tesla CEO Musk drops pursuit of $72 billion take-private deal
(Reuters) – Tesla Inc Chief Executive Elon Musk said late on Friday he would heed shareholder concerns and no longer…
UK auditors, watchdog to discuss curbs on Big Four market share
LONDON (Reuters) – Britain’s top accountants will meet with competition regulators next week to discuss limiting the “Big Four” auditors’…
Papa John’s taps investment banks amid pressure from founder: sources
NEW YORK (Reuters) – Papa John’s International Inc (PZZA.O), the world’s third-largest pizza delivery company, has hired Bank of America…
Google employees demand more oversight of China search engine plan
SAN FRANCISCO (Reuters) – Google is not close to launching a search engine app in China, its chief executive told…
U.S. argues judge failed to take its arguments into account in AT&T trial
WASHINGTON (Reuters) – The U.S. government said on Monday the judge in the trial to stop AT&T Inc’s (T.N) purchase…
U.S. insurers grilled on exposure to $4.7 billion J&J talc verdict
(Reuters) – Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a…
CBS probes misconduct claims against CEO Moonves amid legal battle
(Reuters) – U.S. broadcasting and media company CBS Corp (CBS.N) said on Friday it was investigating allegations of personal misconduct…
Factbox: Tributes paid to former Fiat Chrysler CEO Marchionne
(Reuters) – Former Fiat Chrysler Chief Executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs,…
Strike-hit Ryanair warns of job losses as cuts Dublin fleet
DUBLIN (Reuters) – Ryanair (RYA.I) has told more than 300 pilots and cabin crew that they risk losing their jobs…
Fiat Chrysler picks Jeep boss as CEO as Marchionne’s health worsens
MILAN/PARIS (Reuters) – Sergio Marchionne was replaced as chief executive of Fiat Chrysler (FCA) on Saturday by the head of…
Ryanair says biggest-ever strike to ground 600 flights next week
DUBLIN (Reuters) – Ryanair is to cancel more than 12 percent of its flights for two days next week in…
Goldman Sachs profit rises 44 percent
(Reuters) – Goldman Sachs Group Inc (GS.N) reported a 44 percent rise in second-quarter profit on Tuesday, driven by strength…
Thyssenkrupp in leadership turmoil as chairman quits
DUESSELDORF/FRANKFURT (Reuters) – The chairman of Germany’s Thyssenkrupp (TKAG.DE) has resigned, following the company’s chief executive under pressure from activist…
U.S. lifts ban on suppliers selling to China’s ZTE
(Reuters) – The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp,…
China’s ZTE clears hurdle to lifting U.S. ban
(Reuters) – The United States said on Wednesday that it signed an agreement with ZTE Corp (000063.SZ) that paves the…
Ex-Apple worker charged with stealing self-driving car trade secrets
SAN FRANCISCO (Reuters) – U.S. authorities on Monday charged a former Apple Inc employee with theft of trade secrets, alleging…
Investigators may use files seized from VW law firm: court
KARLSRUHE, Germany (Reuters) – Volkswagen (VOWG_p.DE) has lost a legal challenge to prevent prosecutors from examining unpublished documents about its…