Former Enron CEO Jeffrey Skilling will still serve years in prison, according to lawyer, but much earlier than 2024 release date. Original post on cnn.com Comments on reddit.com
The Finnish phone maker isn’t bailing on Microsoft any time soon. It’s Windows Phone to the bitter end, even if shareholders and investors hate the idea — which they do. Original post on zdnet.com Comments on reddit.com
Elon Musk, the California billionaire who leads Tesla Motors Inc., said the electric-car maker is considering adding driverless technology to its vehicles and discussing the prospects for such systems with Google Inc. Original post on bloomberg.com Comments on reddit.com
FRANKFURT (Reuters) – Deutsche Bank has zero tolerance for customers seeking to evade taxes by holding assets in foreign accounts managed by the lender, Co-Chief Executive Juergen Fitschen told German Original post on reuters.com Comments on reddit.com
DENVER (MarketWatch) — Melvin Willis, a 22-year-old activist from Richmond, Calif., attempted something Tuesday that not even the U.S. attorney general dares to do: Place the CEO of a giant bank Original post on marketwatch.com Comments on reddit.com
By Heather Gautney, Special to CNN Editor’s note: Heather Gautney is an assistant professor of sociology at Fordham University, and author of ‘Protest and Organization in the Alternative Globalization Era.’ The views expressed are her own. Original post on cnn.com Comments on reddit.com
All eyes are on T-Mobile as the carrier embarks on a new journey that will eliminate its standard cell phone service contracts in favor of a more transparent hardware financing model. U.S. Original post on bgr.com Comments on reddit.com
John Legere kicked off T-Mobile’s event in New York City today with an unrelenting tirade against the carrier’s competitors. “Stop the bullshit,” the CEO said, referring to the traditional subsidy… Original post on theverge.com Comments on reddit.com
Electronic Arts announced today that John Riccitiello will step down as chief executive officer and as a member of the Board of Directors effective March 30. Original post on polygon.com Comments on reddit.com
Three days ago, The New York Times wrote a scathing critique of the Tesla Model S, testifying that the all-electric sedan couldn’t handle cold weather — dying before it reached its destination,… Original post on theverge.com Comments on reddit.com
It may not seem like the most pressing matter in an era of massive financial scandals, but the Securities and Exchange Commission has decided to go after Netflix (NFLX) CEO Reed Hastings for posting information about Netflix company milestones on his Facebook (FB) page. Original post on bgr.com Comments on reddit.com
Netflix Inc. Chief Executive Officer Reed Hastings said he will keep posting on Facebook as the U.S. Securities and Exchange Commission weighs whether to file a lawsuit over a disclosure he made on the social network. Original post on bloomberg.com Comments on reddit.com
Apple Inc. chief executive Tim Cook will receive compensation for 2012 valued at $4.17 million, down 99 percent from a year earlier because of a lack of stock awards he received for 2011. The total Original post on newsday.com Comments on reddit.com
Twitter Offered To Buy Instagram For $525 Million, Contrary To Testimony From Instagram’s CEO (FB) Unlike most reports of an almost-deal, this one, according to Bilton, could lead to legal trouble for Instagram CEO Kevin Systrom. Bilton says Systrom previously worked in M&A at Google, so he knew the ins and outs of acquisitions. Bilton also says Systrom never met at Twitter’s offices or Instagram’s; instead they always met somewhere neutral like a restaurant. Original post on sfgate.com Comments on reddit.com
Who are the absolute worst chief executives of 2012? Sydney Finkelstein thinks he knows. The longtime professor at Dartmouth College’s Tuck School of Business is the author of 11 books with such titles as Why Smart Executives Fail and Think Again: Why Good Leaders Make Bad Decisions, so he knows a Original post on businessweek.com Comments on reddit.com
Hostess company continues to screw over its workers. Original post on alternet.org Comments on reddit.com
Netflix CEO used Facebook post to brag about customers watching 1 billion hours of streaming video, and SEC says that violates disclosure rules. Original post on cnn.com Comments on reddit.com
Costco Wholesale, the nation’s fifth-largest retailer, pays its workers 42 percent more on average than its closest rival, Sam’s Club. Original post on nytimes.com Comments on reddit.com
You’d think that Goldman Sachs — the mega-bank that took $10 billion of taxpayer money — would show a little bit of humility in the wake of the financial Original post on boldprogressives.org Comments on reddit.com
The Californian SpaceX chief executive Elon Musk tells the BBC that Europe must replace its Ariane 5 rocket if it wants to keep up with his company. Original post on bbc.co.uk Comments on reddit.com
It wouldn’t be a Saturday on Fox’s so-called ‘business block’ without several rounds of union bashing and this week was no exception with the panel on Neil Cavuto’s show continuing to attack the labor union, rather than management and the hedge fund managers, for the demise of Hostess — Fox Ignores Hostess’ Array Of Troubles To Scapegoat Union For Liquidation: Original post on crooksandliars.com Comments on reddit.com
Say what you will about Donald Trump, the man sure has friends in high places. Macy’s CEO Terry Lundgren has come to the defense of the real estate mogul, after an online petition to get the department store to “dump Trump” as its celebrity spokesman garnered more than 500,000 signatures, Buzzfeed reports. Original post on huffingtonpost.com Comments on reddit.com
Unions: Hostess CEO Received 300% Raise Before Bankruptcy: Labor blasts ‘myth’ that a union strike killed Twinkies, Union leader Richard Trumka has resurrected the Bain attack line to explain the death of the Twinkie. Twinkie-manufa… Original post on topix.com Comments on reddit.com
Heated comments from an Applebee’s franchise owner sparked viral outrage against the giant restaurant chain, marking a new phase in the war over Obamacare. Over the weekend and on Monday, Applebee’s employees and customers expressed their anger over comments made on the Fox Business Network last week by Apple-Metro CEO Zane Tankel, who owns 40 Applebee’s franchises in the New York metropolitan area. Original post on huffingtonpost.com Comments on reddit.com
