Emmanuel Faber, the chairman and chief executive of the French consumer group Danone, abruptly left the company on Monday under pressure from activist investors...
The OxyContin maker filed its long-awaited restructuring plan in bankruptcy court. Revenue from the new company would go exclusively to abating the opioid crisis...
Some companies are reluctant to let lower-level managers become outside directors, adding a systemic impediment to the push...
Andrew here. Let’s have an honest conversation about the mania around GameStop — and its larger implications...
When Goldman Sachs announced that it would help companies go public only if they had at least one diverse board member — meaning that the bank wouldn’t work with I.P.O. hopefuls whose directors were all white men — it was met with a mix of support and skepticism. In the year since, with less fanfare, the bank has also built up a business to help recruit directors for those boards, which has expanded to cover public companies as well...
It was a difficult year for deal makers to describe. Early on, the pandemic made the notion of corporate takeovers seem, for a few months, like something from a lost era. But then came a burst of activity like few had ever seen before, even as the health crisis raged...
But Airbnb has a different, potentially thornier problem. Even if you never use Airbnb, you still might hate it because renters at the house next door throw loud parties or your quiet town is overrun by tourists each weekend...
In one of the largest restaurant deals in more than a decade, Dunkin’ will join some of America’s best-known restaurant chains, including Arby’s and Buffalo Wild Wings, under a single privately held owner...
Dunkin’ Brands, the parent company of the Dunkin’ and Baskin Robbins chains, is in talks to sell itself to a private equity-backed company, Inspire Brands...
The billionaire Leon Black’s decades-long relationship with the convicted sex offender Jeffrey Epstein will be reviewed by a group of board members at the private equity firm he leads, Apollo Global Management...
Even as millions of people have lost their jobs during the pandemic, the soaring stock market since the spring has delivered outsize gains to the wealthiest Americans. And few among the superrich have done as well as corporate executives who received stock awards this year...
Last November, Urs Rohner, the chairman of the board of Credit Suisse, had a party at a Zurich restaurant to celebrate his 60th birthday. Among the scores of friends, family and business associates who gathered, attendees say, there was a single Black guest: Tidjane Thiam, the bank’s chief executive...
While many companies and business groups embrace social justice as part of their missions, the cryptocurrency exchange Coinbase is moving in the other direction. This has become the talk of Silicon Valley...
The pandemic and the movement for racial justice have tested corporate pledges to elevate social concerns alongside shareholder interests. A new study finds companies are failing to follow through...
Proxy advisory firm Glass Lewis said late on Tuesday it had recommended Tesla Inc's investors to vote in favor of re-electing Chairwoman Robyn Denholm after having earlier opposed her re-election in June...
BOSTON — Lawyer Steve Wolosky usually helps activist investors like Starboard Value take on corporate America. Now he is taking center stage himself, wading into a governance fight over a tool that limits how much stock unwanted investors can buy...
Under pressure to classify their freelance drivers as full-time employees, the ride-hailing companies are discussing another option...
Eight months had passed since McDonald’s fired its chief executive, Steve Easterbrook, for sexting with a subordinate. Mr. Easterbrook had apologized and walked away with tens of millions in compensation, and the fast-food chain had moved on under a new chief executive...
Well-timed stock bets have generated big profits for senior executives and board members at companies developing vaccines and treatments...
TOKYO — U.S. hedge fund Farallon Capital Management said on Wednesday it would vote for nominees to Toshiba Corp's board that are backed by activist funds, intensifying a proxy fight involving the Japanese industrial conglomerate...
SHANGHAI/BEIJING — Chinese regulators adopted shock and awe tactics on Saturday to target misbehaving shareholders of banks and insurers by naming and shaming 38 corporate investors for having "gravely" violated rules and laws in their first such exercise...
Corporate boards are handing out millions to top executives before their companies seek bankruptcy protection, and courts can’t do much about it...
Wirecard, a Germany company that soared in value in recent years as it provided a widening array of payment services around the world, was suddenly collapsing on Friday amid questions surrounding missing cash balances amounting to 1.9 billion euros, about $2.1 billion...
Glass Lewis said on Thursday that it urged Tesla Inc investors to vote against re-electing Chairwoman Robyn Denholm to the company's board, making it the second proxy advisory firm to oppose her appointment...